Taylor Wessing Advised Stake On $31 Million Series B Funding Round
Taylor Wessing advised Stake on $31M Series B funding to expand UAE and Saudi Arabia operations.
Taylor Wessing advised Stake on $31 Million Series B Funding Round
The global law firm, Taylor Wessing advised Stake on its $31 million Series B funding round, bringing the company’s total funding to $58 million. The capital raise will support Stake’s expansion across the UAE and Saudi Arabia, furthering its mission to enable global investors to access real estate through fractional ownership starting from AED 500.
The round was led by Emirates NBD and included a group of regional and international investors, including Mubadala, Wa’ed Ventures, Middle East Venture Partners (MEVP), Property Finder, GFH Partners, and Ellington Properties.
On the deal, Mutawi said,
"We are delighted to have supported Stake on another landmark funding round. This significant capital raise will enable Stake to advance its ambitious growth plans and drive innovation in digital real estate investment across key international markets. We have thoroughly enjoyed working with Rami, Manar, Ricardo, and their team as they continue to transform global access to property ownership.”
Stake, founded in 2021 by Rami Tabbara, Manar Mahmassani, and Ricardo Brizido, is regulated by the Dubai Financial Services Authority (DFSA) and the Capital Markets Authority (CMA).
The Taylor Wessing team was led by Abdullah Mutawi (Partner, Dubai Corporate), who previously advised Stake on earlier funding rounds.
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