Modus Capital Leads Series A for UAE’s Trade Capital Partners
Modus Capital led an undisclosed Series A for UAE-based fintech Trade Capital Partners, with participation from the Eldaba Family Office and local angel investors. Read more… Read More
Silver Lake to Invest USD800m in UAE’s AI and Cloud Computing Company Group 42
Silver Lake has invested USD800m for a minority stake in UAE-based artificial intelligence and cloud computing company Group 42. Read more… Read More
NBK Partners Invests USD20m in UAE’s HR Outsourcing Company Reach Group
NBK Partners has closed a USD20m acquisition financing facility with UAE-based HR outsourcing company Reach Group to support the company’s cross-border expansion. Read more… Read More
EIG-Led Consortium to Acquire 49% Stake in Saudi Aramco’s Oil Pipeline Business for USD12.4b
A consortium of investors led by EIG Global Energy Partners and including Mubadala Investment Co. has agreed to acquire a 49% stake in the newly formed oil pipeline business of Saudi Aramco for USD12.4b. Read more… Read More
2021 Data Insights
Data Insights The 2021 Data Insights feature data and analysis on private capital activity in China, India, Southeast Asia, Africa and Central & Eastern Europe (CEE) through year-end 2020. This year, members also have access to LAVCA’s 2021 Industry Data & Analysis on private capital activity in Latin America, as… Read More
Anthemis Exponential Leads USD7m Round for UAE’s Fintech NOW Money
Anthemis Exponential Ventures led a USD7m round for NOW Money, a Dubai-based fintech that provides digital accounts, low-cost remittances and other financial services to migrant workers, with participation from Knuru Capital, Wamda, Commercial Bank of Dubai, DIFC FinTech Fund, Accion Venture Lab, Greenhouse Capital and Hambro Perks’ Oryx… Read More
Naghi Group, AlTour Group, Derayah Ventures, Others Invest USD20m Series A for UAE’s Cloud Kitchen Platform iKcon
Mohamed Yousuf Naghi Group, AlTouq Group, Derayah Ventures, B&Y Venture Partners, AbdulMohsin Al Houkair Holding Group and Nazer Group invested a USD20m Series A for Dubai-based cloud kitchen operator iKcon (Innovative Kitchen Concepts). Read more… Read More
Gulf Capital Invests USD30m in UAE’s ART Fertility Clinics
Gulf Capital has invested an additional USD30m in portfolio company ART Fertility Clinics, a UAE-based provider of fertility treatment services, to expand its operations to India. Gulf Capital acquired 100% of ART Fertility Clinics for over USD100m in January 2020. Read more… Read More
Gulf Capital Acquires US Healthtechs Eclat Health and Hansei Solutions for USD60m in Bolt-On for UAE’s Accumed
Gulf Capital has acquired US-based healthtech companies Eclat Health and Hansei Solutions for USD60m in a bolt-on acquisition aimed at expanding its healthcare-focused RCM platform. Gulf Capital already has a majority stake in UAE-based RCM provider Accumed. Read more… Read More
Impact46 Leads USD6.5m Series A for Saudi Fintech Hala
Impact46, through its Impact46 Growth Fund, led a USD6.5m Series A for Saudi Arabia-based fintech Hala, with participation from Wamda and strategic investors. Read more… Read More
(default archive template)