Sequoia Capital India leads $37M investment in UAE's proptech startup Huspy
Sequoia Capital India led a $37 million investment in the UAE-based proptech firm Huspy. Founders Fund and Fifth Wall made their Middle East investing debuts, in the Huspy Series A round. Sequoia Capital India led a $37 million investment in the UAE-based proptech firm Huspy on Tuesday to accelerate its expansion throughout Europe, the Middle East, and Africa (EMEA). Sequoia India and Southeast Asia raised $2.85 billion this week across a number of funds, including a $2 billion India early-stage, venture, and growth fund and a $850 million Southeast Asian fund. In the Huspy Series A round, Founders Fund and Fifth Wall made their Middle East investing debuts. Furthermore, Chimera Capital has joined existing investors Breyer Capital, VentureFriends, COTU, Venture Souq, and BY Venture Partners. Huspy's co-founder and CEO, Jad Antoun, said his company has evolved to become one of the leading property platforms, facilitating billions of dollars in volume, in just...