Latest news with #MubadalaCapital
Bloomberg
13 hours ago
- Business
- Bloomberg
Mubadala, Cain Venture Aims to Spend Billions on Luxury Property
Mubadala Investment Co. 's asset management unit is teaming up with Cain International on a new venture that seeks to deploy billions of dollars into global luxury real estate, according to people familiar with the matter. Mubadala Capital and Cain, a $13 billion asset manager, have each committed new capital to the partnership, the people said, asking not to be identified as the matter is private. Their partnership will seek to bolster and expand some of Cain and Mubadala Capital's existing portfolios, while seeking to make new investments into luxury property, the people said.
Channel Post MEA
05-08-2025
- Business
- Channel Post MEA
Anaconda Raises Over $150M in Series C Funding
Anaconda has announced that it raised over $150M in a Series C funding round led by Insight Partners, with participation from Abu Dhabi's Mubadala Capital. The company operates profitably with over $150M in annual recurring revenue (ARR) as of July 2025. This news comes on the heels of Anaconda's newly launched AI Platform as well as a recently announced partnership with Databricks, the data and AI company. Since its founding in 2012, Anaconda has been one of the most trusted and widely used Python distribution platforms, with over 21 billion downloads and 50 million users. Today, 95% of Fortune 500 companies and more than 10,000 large enterprises rely on Anaconda to build and manage AI systems effectively. The infusion of capital comes at a pivotal moment as enterprises shift from isolated data science projects to building compound AI applications, validating Anaconda's mission to empower organizations and builders to innovate with data through a unified open source ecosystem for enterprise Python—the coding language that has become synonymous with AI development. 'As agents and compound AI systems gain traction, companies need a foundational platform to effectively manage key open source artifacts and components to drive fast, scalable innovation. Anaconda takes this a step further by layering simplicity and security to AI in enterprise landscapes,' says George Mathew, Insight Partners Managing Director. 'As enterprises move from specialized data science to generalized AI systems, we believe Anaconda is incredibly well-positioned for this generational shift.' As Python surpassed Java to become the most widely adopted programming language in the world, Anaconda unveiled the Anaconda AI Platform to deliver trusted software packages, development environments, and AI tools, along with simplified workflows, secure AI capabilities, and actionable insights. This comprehensive approach can boost practitioner productivity while saving enterprises time, money, and risk as they navigate their AI journey. Looking ahead, Anaconda is positioned to grow beyond package management to become a comprehensive model hub where organizations can securely access and manage all their AI building blocks, from models and datasets to libraries and dependencies, all purpose-built for Python development. To support this expanded vision, Anaconda has strengthened its leadership team with seasoned executives who bring deep expertise in scaling enterprise technology organizations. Laura Sellers has joined as Chief Product and Technology Officer (CPTO), Jane Kim as Chief Commercial Officer (CCO), and Barry Russell as Senior Vice President of Partnerships. Together, they bring decades of combined experience in product innovation, revenue growth, and strategic partnerships, positioning Anaconda to accelerate its mission as enterprises shift from isolated data science projects to building compound AI applications. 'Anaconda is uniquely positioned in the AI market, providing proven, curated, and verified packages that accelerate deployments with confidence,' said CPTO Laura Sellers. 'I'm eager to expand on the great work the team has already done to extend the power of Python, foster community, and offer the choice and customization that individual and enterprise users need to build and scale data science, machine learning, and AI projects.' Capital will also be invested in new AI features, strategic acquisitions, and to fuel Anaconda's global expansion into new markets. Additionally, the funding will offer liquidity options for current and former employees, driving the company's continued momentum and growth.
Arabian Post
03-08-2025
- Business
- Arabian Post
Anaconda secures $150 million to advance AI technology
Arabian Post Staff -Dubai US-based artificial intelligence company Anaconda, Inc. has raised $150 million in a Series C funding round, marking a significant milestone in its expansion plans. Mubadala Capital, the asset management arm of Abu Dhabi's Mubadala Investment Company, is among the key investors. This round, led by US software investor Insight Partners, aims to accelerate Anaconda's growth, focusing on new AI capabilities, strategic acquisitions, and expanding into new markets. The company, founded in 2012, is dedicated to advancing AI with open-source tools, providing an essential framework for developers, data scientists, and engineers globally. Anaconda's mission is to drive large-scale AI adoption through its platform, which has gained significant traction in the AI and machine learning ecosystems. ADVERTISEMENT As of July 2025, Anaconda has reported over $150 million in annual recurring revenue, reflecting its increasing dominance in the industry. The company's software solutions cater to an expanding customer base, including organisations looking to incorporate AI into their operational frameworks. The funding will primarily support Anaconda's continued product innovation, along with its push to enhance its presence in international markets. Anaconda's unique selling proposition lies in its open-source tools that democratise access to advanced AI and ML frameworks. With a strong developer community and a rich ecosystem of libraries and tools, Anaconda has become synonymous with Python and R-based data science solutions. The company's efforts in open-source software are in line with a broader industry trend, where collaboration and knowledge sharing are key to driving innovation. The involvement of Mubadala Capital underscores the growing interest of Middle Eastern investors in global tech startups. Mubadala has a long history of investing in transformative companies, particularly in the technology and innovation sectors. By supporting Anaconda, Mubadala is positioning itself at the forefront of AI's global expansion. In addition to the capital infusion, Anaconda aims to make strategic acquisitions to broaden its portfolio of AI technologies. As AI becomes increasingly critical across industries—from healthcare and finance to manufacturing and entertainment—the demand for robust, scalable AI platforms continues to rise. Anaconda's focus will likely extend to acquiring complementary AI firms that enhance its platform's capabilities, particularly in specialised areas like natural language processing, deep learning, and AI-driven data analytics. The Series C funding is a testament to the growing confidence in Anaconda's potential to shape the future of AI. The company's ability to secure such a significant investment speaks to the strength of its market position and the value placed on its open-source model. Insight Partners, a prominent software investor, has a track record of backing companies that disrupt traditional industries with innovative technologies. This partnership reflects the increasing recognition of Anaconda's role in enabling AI adoption at scale. Despite the ongoing challenges faced by the tech industry, such as regulatory scrutiny and the need for robust data privacy protocols, Anaconda has shown resilience in its business model. The company has consistently demonstrated the scalability and flexibility of its products, which cater to a wide range of use cases. From startups to large enterprises, Anaconda's platform has become a go-to solution for developing AI applications efficiently. As Anaconda expands its reach, it will need to navigate the evolving landscape of AI regulations, which continue to shift globally. In markets such as Europe and North America, there is growing concern over the ethical implications of AI and data privacy. The company's ability to address these concerns while continuing to innovate will be crucial to its long-term success. The funding will also enable Anaconda to strengthen its partnerships with key tech firms and expand its network of collaborators. As AI technology continues to evolve, Anaconda's role in shaping its future will likely be central to the wider conversation on AI governance and ethics. By partnering with other tech leaders, Anaconda can continue to push the boundaries of what's possible with open-source AI technology, ensuring it remains at the forefront of the AI revolution.
Economic Times
31-07-2025
- Business
- Economic Times
AI startup Anaconda raises $150 million in Series C funding led by Insight Partners
Anaconda, a leading provider of open-source Python software for data science and AI, has raised more than $150 million in a Series C funding round led by Insight Partners, with additional participation from Abu Dhabi's Mubadala Capital. The funding round values the startup at $1.5 billion, Bloomberg News reported, citing a person familiar with the matter. The company said on Thursday the fresh capital will support product development, potential acquisitions, and international expansion, as well as provide liquidity for employees. The funding comes amid increased competition in the enterprise AI software sector, with Python continuing to dominate as the programming language of choice for AI development. US startup funding has surged 75.6% in the first half of 2025, led by the AI boom, putting it on track for its second-best year ever, even as venture capital firms struggled to raise money, according to PitchBook. This year's boom has been driven largely by major AI investments and bold bets from big tech companies, a wave of activity set off by the debut of ChatGPT in late 2022. In the past three months alone, $69.9 billion was invested in U.S. startups. Anaconda did not immediately respond to a Reuters request for comment regarding the valuation. The company is seeking to capitalize on growing enterprise demand for open-source tools as organizations shift from isolated data science projects to broader AI applications. The startup has also expanded its leadership team, hiring executives with backgrounds in enterprise technology and product innovation. The funding follows Anaconda's launch of a new AI platform and a partnership with Databricks.
National Post
29-07-2025
- Business
- National Post
CI Financial Announces Expected Closing Date for Take-Private Transaction with Mubadala Capital
Article content TORONTO — CI Financial Corp. (' CI ' or the ' Corporation ') (TSX: CIX) is pleased to announce that all regulatory approvals required to close CI's previously announced plan of arrangement under the Business Corporations Act (Ontario) whereby, among other things, an affiliate of funds managed by Mubadala Capital will acquire, directly or indirectly, all of the issued and outstanding common shares of the Corporation (the ' Arrangement ') have now been obtained. The Corporation expects the Arrangement to close on or about August 12, 2025, subject to the satisfaction of the remaining customary conditions to closing. Article content For additional details regarding the Arrangement, see CI's management information circular dated January 7, 2025, a copy of which can be found under CI's issuer profile on SEDAR+ at Article content About CI Financial Article content CI Financial Corp. is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. Founded in 1965, CI has developed world-class portfolio management talent, extensive capabilities in all aspects of wealth planning, and a comprehensive product suite. CI operates in three segments: Article content Asset Management, which includes CI Global Asset Management, which operates in Canada, and GSFM, which operates in Australia. Canadian Wealth Management, operating as CI Wealth, which includes CI Assante Wealth Management, Aligned Capital Partners, CI Assante Private Client, CI Private Wealth, Northwood Family Office, CI Coriel Capital, CI Direct Investing, CI Direct Trading and CI Investment Services. U.S. Wealth Management, which includes Corient Private Wealth, an integrated wealth management firm providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients across the United States. Article content CI is headquartered in Toronto and listed on the Toronto Stock Exchange (TSX: CIX). To learn more, visit CI's website or LinkedIn page. Article content About Mubadala Capital Article content Mubadala Capital is a global alternative asset manager that oversees $30 billion USD of assets under management. The firm is an independent subsidiary of Mubadala Investment Company, a c. $330 billion USD global sovereign investor headquartered in Abu Dhabi, UAE. Mubadala Capital manages assets through its four investment businesses spanning various private market strategies, including private equity, special situations, solutions, and venture capital. Mubadala Capital has a team of over 200 spanning 5 offices, including in Abu Dhabi, New York, London, San Francisco, and Rio De Janeiro. Mubadala Capital aims to be the partner of choice for investors looking for attractive and differentiated risk-adjusted returns across various private markets and alternative asset classes. Article content Note Regarding Forward-Looking Statements Article content This press release contains 'forward-looking information' within the meaning of applicable Canadian securities laws. Forward-looking information may relate to our future outlook and anticipated events or results and may include information regarding our financial position, business strategy, growth strategy, budgets, operations, financial results, taxes, dividend policy, plans and objectives. Particularly, information regarding our expectations of future results, performance, achievements, prospects or opportunities, including the completion of the Arrangement and the timing thereof, is forward-looking information. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'targets', 'expects' or 'does not expect', 'is expected', 'an opportunity exists', 'budget', 'scheduled', 'estimates', 'outlook', 'forecasts', 'projection', 'prospects', 'strategy', 'intends', 'anticipates', 'does not anticipate', 'believes', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'might', 'will', 'will be taken', 'occur' or 'be achieved'. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events or circumstances. Article content Undue reliance should not be placed on forward-looking information. The forward-looking information in this press release is based on our opinions, estimates and assumptions in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we currently believe are appropriate and reasonable in the circumstances. Despite a careful process to prepare and review the forward-looking information, there can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Further, forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, those described in this press release. The belief that the investment fund industry and wealth management industry will remain stable and that interest rates will remain relatively stable are material factors made in preparing the forward-looking information and management's expectations contained in this press release and that may cause actual results to differ materially from the forward-looking information disclosed in this press release. In addition, factors that could cause actual results to differ materially from expectations include, among other things, the possibility that the Arrangement may not be completed, the timing of closing of the Arrangement, the negative impact that the failure to complete the Arrangement for any reason could have on the price of the shares or on the business of the Corporation, general economic and market conditions, including interest and foreign exchange rates, global financial markets, the impact of pandemics or epidemics, changes in government regulations or in tax laws, industry competition, technological developments and other factors described or discussed in CI's disclosure materials filed with applicable securities regulatory authorities from time to time. Additional information about the risks and uncertainties of the Corporation's business and material risk factors or assumptions on which information contained in forward‐looking information is based is provided in the Corporation's disclosure materials, including the Corporation's annual information form dated March 20, 2025 and any subsequently filed interim management's discussion and analysis, which are available under our profile on SEDAR+ at There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents our expectations as of the date of this news release and is subject to change after such date. CI disclaims any intention or obligation or undertaking to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Article content Article content Article content Contacts Article content CI Financial Article content Article content Article content Article content Jason Weyeneth, CFA Article content Article content 416-681-8779 Article content Article content jweyeneth@ Article content Media Relations Article content Article content Canada Article content Article content Murray Oxby Article content Article content Vice-President, Corporate Communications Article content Article content 416-681-3254 Article content Article content moxby@ Article content United States Jimmy Moock Managing Partner, StreetCred 610-304-4570 jimmy@ ci@ Mubadala Capital Boyd Erman Partner, FGS Longview 416-523-5885 Article content
