Taylor Wessing Advised Stake On $14 Million Series A Funding Round
Taylor Wessing Advised Stake On $14 Million Series A Funding Round
Taylor Wessing has advised Dubai-based Fintech Company Stake on its successful $14 million Series A funding round. The investment round was led by Wa’ed, the Venture Capital arm of Saudi Aramco, and Abu Dhabi’s sovereign wealth fund Mubadala.
Stake, a platform enabling retail investors worldwide to invest in yielding UAE Real Estate through fractional ownership, aims to use this funding to scale into the rapidly growing Saudi Arabian Real Estate Market.
The legal team from Taylor Wessing was led by Dubai-based Partner Abdullah Mutawi and Associate Daniel Sterling. Abdullah Mutawi remarked, “We are really pleased for Rami, Manar, and Ricardo. Attracting substantial Series A capital from the region’s top-tier investors is a testament to the quality of their team and product, and we wish them the very best with their growth plans.”
