DUBAI : Abu Dhabi investment firm Chimera Capital said on Tuesday it closed its second venture capital fund at $10 billion, as it looks to find multi-million dollar opportunities in"growth-stage" companies.
"Put them together, and you have a large fund that can basically invest on a larger scale in basically growth stories," said Karim Radwan, Chimera Capital's chief investment officer. Chimera Capital is owned by Chimera Investments LLC, which is part of Royal Group, an Abu Dhabi investment firm chaired by Sheikh Tahnoun bin Zayed Al Nahyan, the United Arab Emirates' national security adviser and a brother of its de facto ruler, Abu Dhabi Crown Prince Mohammed bin Zayed.
Its investments include U.S. education tech company Course Hero, Egyptian transport tech firm Swvl and Indian fintech firm Zeta.
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