REEF racks up $700m

REEF, which is building a proximity platform to support an on-demand economy, has secured $700 million in funding.

REEF, which is building a proximity platform to support an on-demand economy, has secured $700 million in funding. Mubadala Capital led the round with participation from SoftBank Vision Fund, funds managed by Oaktree Capital Management, L.P., UBS Asset Management and Target Global.

Source: Press Release