Dubai venture capital firm Sahra and a consortium invested $11 million in UK firm Qredo
Dubai venture capital fund Sahra Growth Capital and a consortium has acquired stake in Qredo, a London-based decentralized digital asset management firm, for $11 million.
Established in 2011 and headquartered in London with development offices in Sofia, Bulgaria, Qredo is a cross-chain protocol for asset managers and traders active in the digital asset markets. (Sahra Growth Capital is a Dubai-based venture fund investing in frontier technology companies with a specialization in SaaS technologies. Jamal Al-Barrack is their Managing Partner.)
Sahra Growth Capital is listed in the Middle East Investors Directory with the code CJ8.