Founders Fund has made its first investment in the Middle East by backing UAE-based proptech startup Huspy. The $37 million Series A round, one of the largest at this stage in MENA, was led by Sequoia Capital India.
The round also welcomed participation from Fifth Wall, the largest VC firm backing real estate and proptech startups. Chimera Capital invested in the company as well as existing investors from its undisclosed seed round last April, such as Breyer Capital, VentureFriends, COTU, BY Venture Partners, and Venture Souq.
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