Undisclosed
Undisclosed Stake
- Oman
- December 19, 2024
Oman Investment Authority (OIA) acquired an undisclosed stake in Elon Musk’s AI startup, xAI, as part of its ..Read More
Oman Investment Authority (OIA) acquired an undisclosed stake in Elon Musk’s AI startup, xAI, as part of its portfolio diversification strategy. Earlier, xAI raised $6 billion in a Series B round from investors including Qatar Investment Authority, Valor Equity Partners, and Saudi Arabia’s Kingdom Holding, reaching a $50 billion valuation. OIA is also a shareholder in Musk’s SpaceX.
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$2.8M
Seed
- Oman
- September 09, 2024
Oman-based cloud kitchen IO Kitchens has secured funding led by Tanmia Small-Cap Fund, with support from famil ..Read More
Oman-based cloud kitchen IO Kitchens has secured funding led by Tanmia Small-Cap Fund, with support from family offices and regional investors. Founded in 2021, IO Kitchens provides a variety of delivery-only meals and currently operates three cloud kitchens with over 30 F&B brands. The investment will enable the company to expand its operations across Oman.
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