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Mubadala leads UK-based Huboo's $82m funding round

Mubadala leads UK-based Huboo's $82m funding round
This investment will enable Huboo to achieve its expansion plans

UAE - Mubasher: Mubadala Capital, the subsidiary of Mubadala Investment Company, has led a Series B funding round in Huboo Fulfilment, the UK-based e-commerce fulfilment company, closing at $82 million in investment.

This investment will enable Huboo to achieve its expansion plans across continental Europe, Mubadala announced on its official Twitter account.

The other investors participating in the funding round have included Stride, Ada Ventures, Hearst Ventures, Episode 1, and Maersk Growth.

Huboo’s software helps e-commerce businesses of all sizes to manage their inventory with a single tool.