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Swvl Secures $14.5 Million in Strategic Funding to Accelerate Growth in the US.
PUBLIC · SWVLAug 29, 2026•about 3 hours ago
Amount Raised
$14.5 Million
Round Type
Venture - Series Unknown
DubaiInformation TechnologyTransportationTravel And TourismGovernment
Description
Swvl Holdings Corp. has announced a strategic funding round totaling approximately $14.5 million aimed at supporting its expansion efforts in the United States. The funding includes a $13 million private placement led by Coefficient LP and an additional $1.5 million from Sofico Holdings Limited.
Company Information
Company
Swvl
Location
Dubai, Dubai, United Arab Emirates
About
Swvl is a global provider of transformative tech-enabled mass transit solutions that enhance mass transit safety, reliability, and convenience in some of the world’s most challenging and complex emerging markets. Swvl is uniquely positioned to capitalize on the $1tn global mass transit market opportunity with daily commuting, inter-city travel, TaaS, and SaaS transportation solutions. Swvl currently operates in 115 cities in 18 countries across Latin America, Europe, Africa, and Asia. The differentiated proprietary technology stack features dynamic routing of high capacity vehicles allowing unprecedented vehicle utilization and earnings levels for drivers and massively reduced walk to station distances and prices for riders.
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DubaiInformation TechnologyTransportationTravel And TourismGovernment