The legal advisors on Stake’s USD 31 m funding round

UAE-based proptech platform Stake completed a USD 31 million series B funding round.

In connection with the operation, Taylor Wessing advised Stake, while Curtis, Mallet-Prevost, Colt & Mosle represented investor GFH Partners, whose support included both a primary investment for series B shares and the acquisition of secondary shares.

Emirates NBD led the funding, with participation from a group of regional and international investors, including Mubadala, Wa’ed Ventures, Middle East Venture Partners (MEVP), Property Finder, GFH Partners, and Ellington Properties.

The company

Stake is a digital real estate investment platform, with a focus on fractional real estate ownership and investment opportunities from within the UAE and from across its borders.

The Taylor Wessing team

Partner Abdullah Mutawi (pictured) led the Taylor Wessing team on the matter, working alongside senior associate Daniel Sterling and associate Mahmood Abdellatif.

The Curtis team

Corporate partner Philippe Habib (pictured) led the Curtis team on the matter, working alongside counsel Sehnaz Gungor.