Bahrain’s Tenmou exits five portfolio startups

  • Date: 14-Jun-2023
  • Source: Wamda
  • Sector:Technology
  • Country:Bahrain
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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.