SWVL scores $21.5 million In PIPE funding
- Date: 03-Feb-2022
- Source: Wamda
- Sector:Financial Markets
- Country:UAE
SWVL scores $21.5 million In PIPE funding
Source: Afrikanheroes
Swvl Inc. (“Swvl” or the “Company”), a global provider of transformative tech-enabled mass transit solutions, has announced additional PIPE investments related to its proposed business combination with Queen’s Gambit Growth Capital (“Queen’s Gambit”) (NASDAQ: GMBT), the first special purpose acquisition company founded and led entirely by women. This is expected to further enhance the strength of Swvl’s balance sheet and help to fuel the Company’s strategic growth initiatives.
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