Sequoia enters Mideast, teams up with firm that hired Mesut Ozil
Published 17 May,2021 via Bloomberg Technology & Innovation - Sequoia Capital has made its first investment in the Middle East by partnering with a venture capital fund that hired soccer star Mesut Ozil last year.
The U.S. venture capital firm led an initial funding round for Egyptian digital banking app Telda, with participation from Berlin-based Global Founders Capital and Class 5 Global, which Ozil joined as a strategic adviser. Telda said it raised $5 million.
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Nicolas Parasie