Bahrain’s Tenmou exits five portfolio startups
- Date: 14-Jun-2023
- Source: Wamda
- Sector:Technology
- Country:Bahrain
Bahrain’s Tenmou exits five portfolio startups
Press release
Tenmou, Bahrain’s first Angel Investment Company, has achieved a remarkable exit from 5 Bahraini tech startups with a record-breaking track record.
Tenmou earned an impressive exit multiple of 6 times its initial investment in an average of less than 4 years, which is significantly higher than the market's average exit multiple recouping 2.6 times the original investment in 3.5 years.