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
FreshToHome is an online grocery store based in Bangalore that specializes in delivering fresh and healthy seafood and meat products to consumers. Launched in 2015 by Shan Kadavil, the platform offers a diverse range of products including fish, poultry, mutton, steaks, and marinated foods, all sourced from suppliers committed to providing items free from chemicals and preservatives. FreshToHome's service model not only facilitates the direct supply of high-quality products but also ensures convenient doorstep delivery, making it easier for customers to access nutritious food options at reasonable prices.

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
FreshToHome is an online grocery store based in Bangalore that specializes in delivering fresh and healthy seafood and meat products to consumers. Launched in 2015 by Shan Kadavil, the platform offers a diverse range of products including fish, poultry, mutton, steaks, and marinated foods, all sourced from suppliers committed to providing items free from chemicals and preservatives. FreshToHome's service model not only facilitates the direct supply of high-quality products but also ensures convenient doorstep delivery, making it easier for customers to access nutritious food options at reasonable prices.

Trustly Group

Venture Round in 2020
Trustly Group AB is a payment processing company based in Stockholm, Sweden, founded in 2008. It specializes in providing online banking payment solutions across Europe, facilitating secure and convenient transactions for businesses and consumers. Trustly's offerings include business-to-business and peer-to-peer payment solutions that enable users to transfer funds directly from bank accounts via mobile, tablet, or desktop devices. The company also supports subscription services and in-app purchases through recurring and one-click payments. Its services encompass integration with e-commerce platforms and the provision of direct debit services for various sectors including gaming, food delivery, and financial services. Trustly's platform enhances the payment experience for global merchants in e-commerce, travel, financial services, and online gaming, focusing on real-time processing and account reconciliation.

Indigo

Series E in 2018
Indigo is an agricultural technology company dedicated to enhancing the sustainability and productivity of agriculture through its expertise in plant microbiomes. By leveraging a database of genomic microbe information, Indigo identifies and applies beneficial microbes to crops, primarily through seed coatings. This approach not only helps optimize plant health and yields but also aims to improve farmer profitability. Additionally, Indigo is committed to addressing broader agricultural challenges by promoting practices that reduce reliance on water, nitrogen fertilizers, and pesticides. Through these innovations, Indigo seeks to better serve the needs of farmers and consumers alike, contributing to the capacity to feed a growing global population while fostering sustainable farming practices.

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 dedicated to enhancing the sustainability and productivity of agriculture through its expertise in plant microbiomes. By leveraging a database of genomic microbe information, Indigo identifies and applies beneficial microbes to crops, primarily through seed coatings. This approach not only helps optimize plant health and yields but also aims to improve farmer profitability. Additionally, Indigo is committed to addressing broader agricultural challenges by promoting practices that reduce reliance on water, nitrogen fertilizers, and pesticides. Through these innovations, Indigo seeks to better serve the needs of farmers and consumers alike, contributing to the capacity to feed a growing global population while fostering sustainable farming practices.

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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