To date, the firm has made 22 investments across two funds, which have collectively raised over $1 billion in follow-on capital
fund raising
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Adam Neumann
Video: WeWork withdraws IPO prospectus to focus on core business
WeWork’s co-chief executive officers Artie Minson and Sebastian Gunningham said the company will file a request to formally withdraw the prospectus for its proposed initial public offering.
blockchain technology
UAE emerges as global crypto capital with quarter of all token sales
The UAE has been at the forefront of adopting crypto, along with Saudi Arabia, experimenting with a virtual currency for banks
fund raising
Prince Alwaleed’s Kingdom Holding to decide on $1bn property spin-off
IPOs and real estate investment trusts are among options for the portfolio of domestic real-estate assets
Entrepreneurs
Video: Wamda launches fellowship programme
The StartUp ecosystem in the region is nascent and has a number of hurdles to overcome in order to unlock its potential of contributing significantly to the economy, which it is failing to do right now. Partners at Wamda Capital unveils Wamda X, a fellowship programme aimed at supporting aspiring entrepreneurs, and explains the various challenges that the ecosystem currently faces.
Alexandre Allegue
UAE solar energy startup Pawame raises over $2m
The firm aims to electrify 150m households, which account for 70% of sub-Saharan Africa’s population