PE Fund Investments
UAE-based proptech startup Huspy raises $37-M led by Sequoia India
Business Standard Advisor Disclosure
Sequoia Capital India has led the USD 37 million funding into the UAE-based proptech startup Huspy to accelerate expansion in Europe and the Middle East and Africa (EMEA) regions. Founders Fund and Fifth Wall made their Middle East investment debut in Huspy's Series A round. Chimera Capital joined returning investors Breyer Capital, VentureFriends, COTU, Venture Souq and BY Venture Partners. Huspy will use the funds to invest in technology development, double down on growth across select geographies. L&L Partners acted as legal counsel to Sequoia on the deal.
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