EIGHTClouds, an investment company based in the UAE, has successfully raised $20 million in just 11 months—much faster than their original plan of 24 months.
This new funding makes the company stronger as an investment platform that focuses on fast-growing industries. It also shows that more people are trusting its customer-focused investment approach in the Gulf region.
The company said that the money raised is being used for several smart business purchases. Some of these deals are already done, while others are still in progress.
These investments match the company’s long-term goal of supporting strong and promising businesses in the GCC region and other markets.
Over the past year, the company has focused more on the food, drink, and hospitality sectors, where customer tastes are changing quickly. At the same time, these areas are seeing more use of digital technology and business growth, creating exciting chances to invest.
EIGHTClouds is getting ready to launch new investment projects that focus on specific industries, especially to grow its role in the consumer market. At first, it will focus on food and hospitality ideas that have the potential to grow quickly.
The strategy also looks at family-run businesses that aren’t managed very well and don’t have a clear plan for leadership change or how to sell the company in the future. This situation is often called having “No Exit Plan.”
These businesses have well-known brands and loyal customers. They offer untapped opportunities in areas like retail, food, health, and direct-to-consumer sales.
Oliver Wall, the company’s investment manager, said the new projects will focus on fast-growing consumer companies that have strong cash flow and business models that can easily expand.
He also pointed out that the Gulf region is a great place for smart business growth because of its young population, rising income levels, and supportive government policies.
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