United Arab Emirates, a nation with a rich history of innovation and entrepreneurship, has witnessed an incredible surge in the number of unicorns – privately held start-up companies valued at over $1 billion – in recent years. With the rapid growth of the United Arab Emirates economy and the rise of disruptive technologies, these 3 unicorn companies have become the driving force behind the nation’s rise as a global powerhouse.
So without any delay, let’s get started and discover the world of United Arab Emirates’s unicorn companies!
List of 3 Unicorns in United Arab Emirates
1. Vista Global
Vista Global is a private aviation company that offers on-demand charter flights, aircraft management, and related services to customers worldwide.
Company Details:
- Valuation: $2.50B
- Investors Name: Rhone Capital
- City: Dubai
- Industry: Other
- Total Funding Raised: $418.45M
- Founded Year: 2004
- Joined Unicorn Club: 8/23/2017
- Total Investors:
- Total Deal Terms: 4
- Website: https://vistaglobal.com/
2. Kitopi
Kitopi is a cloud kitchen platform that partners with restaurants to provide meal delivery services using their technology, culinary expertise, and logistics.
Company Details:
- Valuation: $1B
- Investors Name: CE-Ventures, BECO Capital, Nordstar
- City: Dubai
- Industry: Supply chain, logistics, & delivery
- Total Funding Raised: $502.2M
- Founded Year: 2018
- Joined Unicorn Club: 7/1/2021
- Total Investors:
- Total Deal Terms: 1
- Website: https://kitopi.com/
3. Emerging Markets Property Group
Emerging Markets Property Group is a Singapore-based company that operates leading property portals and real estate platforms in emerging markets.
Company Details:
- Valuation: $1B
- Investors Name: OLX Group, KCK Group, EXOR Seeds
- City: Dubai
- Industry: Other
- Total Funding Raised: $279M
- Founded Year: 2015
- Joined Unicorn Club: 4/28/2020
- Total Investors:
- Total Deal Terms: 1
- Website: https://www.empg.com/
Conclusion
In conclusion, United Arab Emirates’s top 3 unicorns showcase the nation’s innovative power and economic growth. These companies are making a global impact and reshaping industries. Keep an eye on these trailblazers, as they continue to redefine success in the ever-evolving world of innovation.