Sequoia Capital India and Founders Fund back UAE-based proptech startup Huspy in its $37M round

A while ago I spoke to Murilo Marques, who is making waves at Huspy taking the company from 2 to 200+ employees (and growing 🚀).

I will reiterate the post below and switch the order of the pieces in the ecosystem: more than new and large-ticket investment rounds, and more than new businesses being brought to life with the “Brazilian go-getter spirit”, Brazilians are attracting and retaining qualified talent to the region, which is essential for a thriving and sustainble ecosystem.

Of course as a Brazilian, I’m being bias with this post. The company has a diverse team with several nationalities and….a great concentration of Brazilians too. =)

Good times ahead to make the bridge between Brazil and Middle East happen. 🦾💪

Founders Fund has made its first investment in the Middle East by backing UAE-based proptech startup Huspy. The $37 million Series A round, one of the largest at this stage in MENA, was led by Sequoia Capital India. The round also welcomed participation from Fifth Wall, the largest VC firm backing real estate and proptech startups. Chimera Capital invested in the company as well as existing investors from its undisclosed seed round last April, such as Breyer Capital, VentureFriends, COTU, BY Venture Partners, and Venture Souq.

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Image credit: Huspy