Investment Corporation of Dubai (ICD)

The Investment Corporation of Dubai (ICD) serves as the principal investment arm of the government of Dubai, focusing on managing and enhancing the emirate's investment portfolio. Established to drive economic growth and diversification, ICD invests across various sectors, including real estate, financial services, manufacturing, and logistics. The organization aims to generate sustainable returns while supporting Dubai's broader economic objectives. By strategically allocating resources and fostering partnerships with both local and international entities, ICD plays a crucial role in bolstering Dubai's position as a global business hub. Through its investments, ICD contributes to the development of key industries, thus enhancing the overall economic landscape of the emirate.

Nader Bekhouche

Principal

Khalifa Al Daboos

Deputy CEO

11 past transactions

FreshToHome

Series D in 2023
Founded in 2015 by Shan Kadavil, FreshToHome is an online grocery store specializing in fresh seafood and meat delivery. Its product range includes fish, poultry, mutton, steaks, and fillet, all sourced from suppliers who meet its quality standards.

Slurrp Farm

Venture Round in 2022
Slurrp Farm is a food brand founded in 2016 by Meghana Narayan and Shauravi Malik, aimed at providing healthy and tasty food options for children. Recognizing a gap in high-quality, nutritious foods for young children, the founders conducted extensive research and launched a range of millet-based packaged products. Slurrp Farm's offerings include snacks, lunchboxes, breakfast items, cereals, and natural sweeteners, all crafted from ingredients rich in essential micronutrients such as ragi, jowar, bajra, foxtail millet, and amaranth. The company focuses on encouraging healthier eating habits among children without compromising on taste or quality, catering to the growing demand from parents seeking better food choices for their families.

Inari

Series D in 2021
Inari is a biotechnology company focused on revolutionizing agriculture and its societal and environmental impact. The company utilizes advanced technologies, including predictive design and multiplex gene editing, to maximize the potential of seeds. Its unique SEEDesign platform distinguishes Inari by enabling the enhancement of various crops across different geographies, facilitating the development of innovative agricultural products. By embracing diversity, Inari fosters innovation and aims to contribute to the creation of a new food system.

FreshToHome

Series C in 2020
Founded in 2015 by Shan Kadavil, FreshToHome is an online grocery store specializing in fresh seafood and meat delivery. Its product range includes fish, poultry, mutton, steaks, and fillet, all sourced from suppliers who meet its quality standards.

Trustly

Venture Round in 2020
Trustly is a payments technology company that provides online banking payment and processing solutions across Europe. It enables merchants, consumers, and banks to transfer funds directly from bank accounts through browsers and mobile devices, supporting real-time transactions, cross-border payments, and refunds. The platform offers features such as real-time processing, account reconciliation, API integration, and plug-ins for e-commerce platforms, as well as recurring and one-click payments for subscriptions and in-app purchases. Trustly serves consumers and global merchants in sectors including e-commerce, travel, financial services, and online gaming, and its service is designed to improve conversion and user experience by enabling seamless online payments without cards. The company was founded in 2008 and is headquartered in Stockholm, Sweden.

Indigo

Series E in 2018
Indigo is an agricultural technology company that enhances crop productivity and sustainability through its proprietary plant microbiome platform. By leveraging a vast database of genomic microbe information, Indigo selects beneficial microbes to coat seeds, improving crop health, yield, and resource efficiency for farmers while addressing consumer concerns about sustainable agriculture.

Numbrs

Venture Round in 2018
Numbrs, headquartered in Zurich, Switzerland, is a customer-focused financial services company. It offers a mobile banking platform that allows users to manage their existing bank accounts and personal finances, and purchase financial products from various providers at competitive prices. Numbrs, with over 100 employees, does not operate as a bank itself.

Cashican People

Seed Round in 2018
Cashica is a quantitative cryptocurrency investment firm that aims at web3 and metaverse innovations across the world. Cashican also named Cashican People LLC was founded in 2017 and is headquarted in New York.

Nanotronics Imaging

Series D in 2017
Nanotronics Imaging, Inc. is a high-tech company specializing in the manufacture of optical microscopes and advanced imaging solutions. Founded in 2007 and headquartered in Brooklyn, New York, with additional offices in Cuyahoga Falls, Ohio, and Hollister, California, the company develops a platform that integrates artificial intelligence, automation, and sophisticated imaging technology for industrial inspection. This platform automates the inspection of advanced technologies, including semiconductors, microchips, and medical devices. Key products include nSpec, an automated optical inspection system designed for analyzing transparent and semi-transparent wafers, and nSpec 3D, which provides surface topographies and quantitative roughness measurements. In addition to microscopy systems, Nanotronics Imaging offers hardware prototyping, production services, and a variety of related equipment, catering to industries such as aerospace, automotive, and materials science.

Indigo

Series D in 2017
Indigo is an agricultural technology company that enhances crop productivity and sustainability through its proprietary plant microbiome platform. By leveraging a vast database of genomic microbe information, Indigo selects beneficial microbes to coat seeds, improving crop health, yield, and resource efficiency for farmers while addressing consumer concerns about sustainable agriculture.

Numbrs

Venture Round in 2017
Numbrs, headquartered in Zurich, Switzerland, is a customer-focused financial services company. It offers a mobile banking platform that allows users to manage their existing bank accounts and personal finances, and purchase financial products from various providers at competitive prices. Numbrs, with over 100 employees, does not operate as a bank itself.
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