Abu Dhabi Growth Fund

Established in 2021 by ADQ, the Abu Dhabi Growth Fund is a global institutional investor focusing on growth equity and value investments. It primarily invests across various sub-asset classes in equities via direct and co-investment opportunities.

Mayank Singhal

Executive Director, Head of Private Investments

8 past transactions

Monzo Bank

Venture Round in 2024
Monzo Bank is a London-based commercial bank, established in 2015. It provides personal banking services including current, joint and savings accounts, plus business banking with invoicing, overdrafts and loans, and offers internet and mobile app-based banking in the United Kingdom and the United States. The bank emphasizes a mobile-first approach with real-time spending updates, transaction categorization, budgeting tools, and instant notifications. Its app features Pots sub-accounts to set aside funds for specific goals and includes a premium tier, Monzo Plus, with additional features such as enhanced card designs and travel insurance. Monzo aims to replace traditional branches with a fully digital experience, serving customers who prefer managing finances via smartphone.

Neumora Therapeutics

Series B in 2022
Neumora Therapeutics is a clinical-stage biotechnology company focused on developing precision medicines for brain diseases by combining data science with neuroscience. Founded to address the global brain disease crisis, Neumora takes an innovative approach to treatment development. The company has established a robust therapeutic pipeline that includes seven clinical and preclinical neuroscience programs targeting novel mechanisms of action for various underserved neuropsychiatric and neurodegenerative disorders. Neumora plans to advance its pipeline further by initiating multiple clinical trials across its programs in the upcoming 12 to 18 months.

Getir

Series E in 2022
Getir is a technology-enabled on-demand delivery platform that provides instant delivery of groceries and everyday essentials in urban areas through a mobile app. It leverages urban logistics and mobile technology to enable customers to order a wide range of products, track deliveries in real time, and pay securely via mobile payments, with deliveries typically made to customers' doorsteps in minutes. Founded in 2015 and based in Istanbul, Getir operates in major Turkish cities including Istanbul, Izmir, Ankara, Bursa, and Kocaeli.

Monzo Bank

Series H in 2022
Monzo Bank is a London-based commercial bank, established in 2015. It provides personal banking services including current, joint and savings accounts, plus business banking with invoicing, overdrafts and loans, and offers internet and mobile app-based banking in the United Kingdom and the United States. The bank emphasizes a mobile-first approach with real-time spending updates, transaction categorization, budgeting tools, and instant notifications. Its app features Pots sub-accounts to set aside funds for specific goals and includes a premium tier, Monzo Plus, with additional features such as enhanced card designs and travel insurance. Monzo aims to replace traditional branches with a fully digital experience, serving customers who prefer managing finances via smartphone.

Savage X Fenty

Series C in 2022
Savage X Fenty is a lingerie brand founded by music and fashion icon Robyn Rihanna Fenty, dedicated to celebrating fearlessness and confidence. The company offers a diverse range of lingerie, nightwear, and underwear designed to embrace inclusivity across all sizes, skin tones, and ages, including specific offerings for pregnant women and drag queens. By providing an extensive assortment of products at accessible price points, Savage X Fenty aims to redefine the lingerie marketplace and empower individuals to look and feel their best. The brand has garnered attention for its innovative approach and commitment to diversity, positioning itself as a leader in the fashion industry.

Spinny

Series E in 2021
Founded in 2015, Spinny is an Indian used car platform that facilitates trustworthy transactions. It operates a full-stack model to provide transparency, simplicity, and value to customers. The company offers handpicked cars with detailed information and a five-day money-back guarantee.

Uber Freight

Private Equity Round in 2021
Founded in 2017, Uber Freight is a logistics company that connects trucking companies of any size with shippers via its mobile application. It offers upfront pricing, fast payment, and real-time load booking for carriers, while providing shippers with access to a network of carriers for efficient supply chain management.

Cerebras Systems

Series F in 2021
Cerebras Systems Inc. is a technology company that specializes in manufacturing artificial intelligence chips specifically designed for deep learning applications. Founded in 2016 and headquartered in Los Altos, California, the company is dedicated to creating advanced computing systems that significantly accelerate deep learning tasks. By integrating expertise in computer architecture with machine learning, Cerebras develops innovative technologies that aim to enhance AI performance and transform the landscape of artificial intelligence. Through its unique design principles, the company seeks to push the boundaries of what is possible in AI computing.
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