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First APAC Fund VCC to Invest $1.4bln in Dubai’s AMIS Development

Nov 26, 2024over 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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