Series B

Series C

Series A

Debt Financing

Others

Series D

PE Round

Series E

Series F

Unknown Series Round

Abu Dhabi

Waleed Al Muhairi

Ahmed Hassan

Constantin Crachilov

Krissie Darr

Mekal Ogbeab

Davide Tesini

If you're ready to take your business to the next level with Mubadala, we want to hear your pitch.

Investment in Startup

Uncover details about Mubadala: portfolio highlights, funding strategy, and key sectors. Lucidity Insights has it all.

Mubadala

Mubadala Investment Company — a sovereign investor — manages a diverse portfolio of assets and investments in the United Arab Emirates and abroad, to generate sustainable financial returns for its shareholder, the Government of Abu Dhabi.

Mumbai

Reliance Jio

Apps

Consumer Electronics

Electronics

Telecommunications

Reliance Jio is a telecommunications company that offers high-speed mobile internet access.

Grab

Logistics

Reliance Retail

Consumer Goods

Dubai

Telegram

IT & Communication

Social Network

Technology

Communication Software

Social Platform

Telegram is a cloud-based instant messaging app that allows users to securely send messages, photos, videos, and other files to individuals or groups with over 500 million active users worldwide.

Machine Learning

Artificial Intelligence

Information Services

Finance

Investment

Cybersecurity

Health Care

Cloud Data Services

Data Center

G42 is a United Arab Emirates-based artificial intelligence (AI) and cloud computing company focused on AI development across various industries.

Istanbul

Getir

Delivery

Getir is a technology company that joins the worlds of mobile technology and logistics, providing unprecedented solutions to the delivery of goods in urban areas.

Silver Lake

Shein

E-Commerce

Shein is an online marketplace that offers apparel, beauty, accessories, and home goods.

Truist Insurance Holdings

Insurance

Riyadh

Tabby

Fintech

BNPL

Lending

Tabby creates financial freedom in the way people shop, earn and save by reshaping their relationship with money.

Klarna

CityFibre

Hugel Control

EQRx

Biotechnology

Zayed University

Education

SpotOn

Thoughtworks

Consulting

4Paradigm

AI/IoT

Fast Fashion News

Central Region

Cube Highways and Infrastructure

Infrastructure

Cube Highways and Infrastructure, independent, professionally-managed company managing and operating a world class portfolio of toll roads.

Tata Power Renewable Energy

Construction

Princeton Digital Group

BrightSpeed LLC

BrightSpeed is a broadband and telecommunications services company that serves homes and businesses.

Lagos

Moove

Automotive

Financial Services

Moove is a mobility fintech company on a mission to drive productivity and success for the world’s mobility entrepreneurs by democratising access to vehicle ownership for those with limited or no access to a vehicle or vehicle financing. We use our revenue-based financing model on a global scale to serve millions of entrepreneurs in the mobility industry.

wefox

Xpeng Motors

TruKKer

Freight Service

Supply Chain Management

Transportation

TruKKer is a Digital Freight Network that integrates Demand & Supply for multimodal freight services

Hasten

Pharmaceutical

Hasten is a pharmaceutical manufacturing company that integrates R&D, manufacturing, and commercialization.

JD Industry

Evotec

Oil Search

Certara

Kallyope

En+ Group

Orca Bio

Healthcare

IXcellerate

SK Biopharmaceuticals

SK Biopharmaceuticals Co Ltd is a Korea-based company mainly engages in the development and manufacture of pharmaceuticals.

Virgin Orbit

UpStream Care

Upstream Health

Home Dialysis Plus

Proximie

Augmented Reality

Plentific

Insitro

Huboo

Ocrolus

Qlub

Payment

Restaurants

Qlub develops a fast and secure payment solution for consumers in restaurants.

Calxeda

AppliedAI (AAICO)

Artificial Intelligence (AI)

Insurance Technology

AppliedAI is a leading AI technology company founded in 2021 by Arya H. Bolurfrushan, along with a team of Silicon Valley engineers, applied AI experts, and seasoned investment professionals.

Bayzat

Bayzat is a technology SaaS company that provides insurance, payroll, and human resources solutions for businesses.

San Francisco

Andalusia Labs

Blockchain

Web3

Andalusia Labs is building the universal security layer for digital assets. We are one of the fastest unicorns in history, launch to $1B+ in 10 months.

Borzo

Coin Metrics

Open Mineral AG

Stake

Real Estate

Residential

Crowdfunding

Stake is a digital real estate investment platform providing the easiest and most transparent way to invest in income-generating properties, starting in Dubai. Its mission is to make investing in real estate accessible and profitable for all.

Sarwa

Sarwa is an online platform that makes investing in global markets simple and affordable for investors in the Middle East.

Holo

Proptech

Advisory and Consulting

Property

Loan

Holo is the first digital mortgage platform in the Middle East with access to over 500 mortgage products for free.

ACX (AirCarbon Exchange)

Energy

Renewables

A global exchange revolutionising the voluntary carbon market. The Exchange’s client base comprises corporate entities, financial traders, carbon project developers and other industry stakeholders. ACX provides its clients with an efficient and transparent trading platform which is easy to use, frictionless and with the lowest commission fees available on the market.

AirCarbon Exchange

Financing Platform

AirCarbon Exchange ("ACX") is a global exchange revolutionising the voluntary carbon market. The Exchange’s client base comprises corporate entities, financial traders, carbon project developers and other industry stakeholders. ACX provides its clients with an efficient and transparent trading platform which is easy to use, frictionlessand with the lowest commission fees available on the market.

NTechLab

MEL Science

Hala Insurance

Hala is building the Middle East's first full stack insurance company, with a focus on car and home insurance.

Elementaree

TIER Mobility

TIER Mobility is a micro-mobility company that provides sustainable ride-sharing solutions to its customers.

GlobalConnect

Resilience

Apex Group

Cepsa

Tabby, the MENA’s leading shopping and financial services app, has raised $200 million in equity financing led by Wellington Management, one of the world’s leading independent investment management firms. The equity financing drew additional participation from growth equity investor Bluepool Capital, in addition to existing investors STV, Mubadala Investment Capital, PayPal Ventures and Arbor Ventures. Tabby’s Series D round values the company at over $1.5 billion making it the region’s first fintech unicorn ahead of its planned IPO in Saudi Arabia.

Tabby closes $200 million Series D at $1.5 billion valuation

Dubai, United Arab Emirates – 18 January 2023: Tabby, one of MENA’s leading shopping and financial services apps, has raised $58 million from Sequoia Capital India, STV, PayPal Ventures, Mubadala Investment Capital, Arbor Ventures and Endeavor Catalyst in a Series C round which values the company at $660 million. The fundraise will be used to expand Tabby’s product line into next-gen consumer financial services and support the company’s growing operations. This round makes Tabby one of the most valuable startups in MENA and the first in the GCC to receive funding from PayPal Ventures.

Tabby raises $58M Series C from Sequoia Capital India, STV and PayPal Ventures

Sequoia Capital India and Saudi venture capital firm STV led a $54 million funding round for Tabby, the Middle East’s largest buy-now, pay-later provider, as demand fintech solutions booms.

Existing investors Mubadala Investment Capital, Arbor Ventures, and Global Founders Capital also participated in the Series B capital raise, according to a statement. The firm has so far raised $180 million in debt and equity.

Sequoia, STV Lead $54 Million Funding for Gulf Fintech Tabby

TechCrunch Logo

Startups
Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation
Tage Kene-Okafor
2:59 AM PDT • August 4, 2021
Comment

Tabby
Image Credits: Tabby
These past few years have seen the emergence of buy now, pay later services worldwide, with leading players raising buttloads of cash to serve an insatiable young adult population who don’t fancy credit cards or paying interest.

In what seems to be a consolidation of some sorts, fintech juggernaut Square acquired Australian buy now, pay later giant Afterpay in a mouthwatering $29 billion deal this week.

The deal is a sign of things to come for established markets like Europe and the U.S. and promising markets witnessing a proliferation of these services. For instance, in the Middle East, not less than ten startups offering BNPL services have launched within the past three years.

Square to buy ‘buy now, pay later’ giant Afterpay in $29B deal

Tabby is one such service and clearly the most known in the region. Today, it is announcing that it has raised a $50 million Series B, valuing the company at $300 million.

Global Founders Capital and STV led the funding round, with participation from Delivery Hero and CCVA. Existing investors, including Arbor Ventures, Mubadala Investment Capital, Raed Ventures, Global Ventures, MSA Capital, VentureSouq, Outliers VC, JIMCO, and HOF, also participated.

Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation

UAE-founded Buy Now Pay Later (BNPL) provider tabby  has raised Series A financing round of $23 million in debt and equity led by Arbor Ventures and Mubadala Capital, with participation from STV, Raed Ventures, Global Founders Capital, JIMCO, Global Ventures, Venture Souq, Outliers VC, MSA Capital, HOF and AB Accelerator. This funding will fuel the company’s next stage of growth, helping tabby scale its product and engineering capabilities in addition to its lending capacity, further benefiting its merchant partners and consumers.

tabby raises $23 million in Series A

Saudi Arabia-based digital freight network TruKKer has raised $96 million in a mix of equity and debt for its Series B financing. The equity round was led by ADQ and Riyadh-based Saudi Technology Ventures (STV), with participation from Mubadala. Existing investors, including the Public Investment Fund-backed Riyad Taqnia Fund and Shorooq Partners, also took part. The debt funding was led by Mars Growth, a Liquidity Group and MUFG joint venture fund, and San Francisco-based Partners for Growth, backed by the Silicon Valley Bank.

The fresh funds will go towards accelerating new product launches and bolstering the company's presence in its existing markets across the Middle East and Central Asia.

TruKKer raises $96 million in Series B

Saudi Arabia-based TruKKer has raised $100 million in a Series C equity round from investors including Investcorp, March Holding, Reliance Egypt, Riyadh Valley Capital, and existing investor Mubadala Investment Company.
TruKKer is one of MENA's fastest-growing technology companies and the region's largest digital freight network.
The latest fundraiser would accelerate TruKKer's broad market adoption, expand the reach, and introduce new products and services

Saudi-based TruKKer hauls in $100M in Series C funding led by lnvestcorp

United Arab Emirates-based investment management holding company Mubadala has agreed to a significant $250m capital injection into Turkish food delivery company Getir.

Mubadala to take controlling stake in Getir with $250m investment

CHICAGO, March 17, 2022 /PRNewswire/ -- Getir, the pioneer of ultrafast grocery delivery, announced today the close of its $768 million Series E funding round, bringing the company's valuation to $11.8 billion and cementing its position as a decacorn.

Led by Mubadala Investment Company, the round included Abu Dhabi Growth Fund (ADG), Alpha Wave Global, Sequoia Capital and Tiger Global as major investors. With this latest investment, Getir becomes Europe's first grocery delivery decacorn, having raised $2 billion to date.

Getir raises $768 million in Series E funding at $11.8 billion valuation

Getir, which reached the unicorn company level by receiving an investment of $300 million in March, completed its fourth investment round two months later and reached a valuation of $7 billion 555 million with a new investment of $555 million.

Getir, which received an investment of $555 million, has a valuation exceeding $7.5 billion

Mubadala, the Abu Dhabi-based sovereign investment company, announced on Monday it has acquired a stake in Group 42 (G42), an artificial intelligence and cloud computing company.

Mubadala, which manages $232 billion in assets, said in a statement that the investment was made through ownership transfer of two information technology companies it owns - Injazat and Khazna - to the G42.

While the exact size of the stake was not disclosed, the statement said “as a result of the transaction, Mubadala will become a minority shareholder in G42,” which is also based in Abu Dhabi.

Mubadala takes stake in Group 42

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Moove, the world's first mobility fintech, announces today that it has secured $76m in new funding, consisting of $28m in equity from new and existing investors, in a process led by Mubadala Investment Company (Mubadala), $10m venture debt from funds and accounts managed by BlackRock, and $38m in previously undisclosed funds raised during the prior twelve months. The African-founded business will use the funding to continue its mission to build the largest tech-driven financial services platform for mobility entrepreneurs and strengthen its position on the global stage.

Moove Raises Investment From Mubadala and Blackrock and Announces $76M in Total New Funds to Fuel Further Global Expansion

UAE sovereign investor Mubadala Investment Company has led a funding round that secured $76 million in equity and debt for Moove, a Nigeria-based mobility fintech that offers vehicle financing to drivers of ride-hailing companies including Uber.
In a statement on Thursday, Moove said the funding consists of $28 million in equity from new and existing investors, in a process led by Mubadala, $10 million in venture debt from funds and accounts managed by BlackRock, and $38 million in previously undisclosed funds raised during the prior 12 months.

UAE's Mubadala in $76mln funding round for Africa mobility fintech Moove

Mubadala

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 10 sectors we invest in

Portfolio Companies
or Investments

Executive Team Members

About

Legal

Social Media

Mubadala

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 10 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

About

Legal

Social Media

Portfolio Companies
or Investments