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Beans.ai has raised $19,000,000 in funding from Saama Capital and Google veteran Amit Singhal with participation from Venture Highway, Mubadala Capital, Brian McClendon, and Manik Gupta.
Mubadala raised AED 2.68 billion by selling 40% of Yahsat’s share capital at AED 2.75 per share through the IPO.
Musabbeh Al Kaabi oversees Mubadala’s portfolio that supports the UAE’s acceleration and transformation by investing in national champions, fostering industrial and commercial clusters, and partnering with global entities.