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First APAC Fund VCC to Invest $1.4bln in Dubai’s AMIS Development
Nov 26, 2024•over 1 year ago
Contract Type
partnership
MaineFinancial ServicesFinanceFintechLending
Description
Singapore-headquartered investment fund First APAC Fund VCC is expected to invest up to 5 billion UAE dirhams ($1.36 billion) in Dubai-based AMIS Development. The investment will enable AMIS Development to expand its local and international reach by growing its land bank, project pipeline, global brand partnerships, project team, and technology.
Company Information
Company
Revenya Capital
Location
Maine, United States
About
Revenya Capital is a revenue-based financing (RBF) firm focused on supporting tech startups in the MENA region. It offers non-dilutive financing solutions that provide startups with short-term loans for operational needs without requiring them to give up equity. The firm leverages AI and machine learning to make swift, data-driven financing decisions tailored for high-growth startups. With a flexible loan structure, it meets the increasing demand for accessible financing among emerging companies in the tech sector.
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