e& values its remaining Careem stake at less than half Uber's July price
The majority shareholder's own accounts repriced the super-app stake four months after Uber paid $100M for a slice of it.
The Wire · ANALYSIS
The Big One and Cold Water: will it work, who wins, what it prices in.
The majority shareholder's own accounts repriced the super-app stake four months after Uber paid $100M for a slice of it.
Abu Dhabi's MGX is in talks on OpenAI's round of up to $30B at a $1.25T valuation while already holding positions in Anthropic's last two rounds.
EDGE Group increased its strategic stake in Israeli autonomous-aviation firm High Lander as part of a $16M addition completing a $30M funding total.
The Abu Dhabi AI and data company is hiring up to 25 US commercial staff, but its headline revenue figure comes with no definition, period or named clients.
San Francisco growth firm Activate Capital joins Qatar's $3B Fund of Funds program and will open its first international office in Doha.
Crescent Enterprises' CE-Invests led a $45M Series D into the Chennai automotive aftermarket group, with the UAE named as its first MENA market.
Tel Aviv hotel-distribution infrastructure player HyperGuest takes $25M in growth capital from Apax Partners' mid-market Israel arm.
A fund bigger than $10B, sukuk stapled to equity, a studio graduate, a listed champion co-leading a Series A and a storefront buying its payment rail. Who wins.
Headline, actually, so what: decomposing the largest early-stage number of the spring shows why the desk computes heat on equity.