Home » Shane embarks on a fundraising round worth 2 billion dollars

Shane embarks on a fundraising round worth 2 billion dollars

by Dubaiforum

Among the main investors in this round are Mubadallah, the sovereign wealth fund of the Emirates, the private equity firm General Atlantic and the venture capital group Sequoia Capital China (Sequoia Capital China) and Tiger Global Management became a new investor, sources told Reuters.

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The report also said that Shane lowered its valuation to $64 billion in the battle fundraising round, a drop of one-third from the round it conducted a year ago.

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