Stake completes $31 million Series B funding round, led by National Bank of the UAE
PANews reported on February 17 that digital asset real estate investment platform Stake has raised $31 million in a Series B funding round. The round was led by Emirates NBD, with participation from Mubadala Investment Company, Middle East Venture Partners (MEVP), Property Finder, STC NICE, Wa'ed Ventures, GFH Partners, and Ellington Properties.
The funds will be used to invest in artificial intelligence, tokenization, and new product development. The company's total seed round funding was $5 million; pre-Series A funding totaled $8 million; Series A funding totaled $14 million; and the current Series B round has raised $31 million, bringing the total to $58 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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