Swvl Completes Pre-Funding Of $35.5 Million Of PIPE To Accelerate Growth Strategy

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Aug 26, 2021

Strategic and financial investors, including Agility and Chimera Abu Dhabi, have pre-funded a significant portion of upsized $100 million PIPE raised in connection with Swvl's proposed $1.5bn business combination with Queens Gambit Growth Capital

Proceeds to accelerate Swvl's expansion in current and new markets, including launches in Europe, LATAM and APAC

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