• UAE-based EightClouds completed its targeted USD 20M capital raise in 11 months, ahead of its original 24-month timeline.
• The firm will use the funds for strategic acquisitions and sector-focused initiatives targeting scalable consumer-focused brands across the GCC.
• EightClouds plans regional expansion, prioritizing UAE and Saudi Arabia, driven by shifting consumer trends and favorable infrastructure and policy environments.

EightClouds

What happened? UAE investment firm, EightClouds, secured its targeted USD 20 million capital raise. The raise was originally structured for 24 months but instead completed in 11 months.

Who are they? EIGHTClouds is a boutique alternative investment firm aiming to transform capital into prosperity for businesses, communities, and investors. 

Recently, the firm has been focusing its activity within the food, beverage and hospitality sector. This is because it believes that these sectors contain evolving customer preferences, digital innovation, and operational scale.

Consumer Trends

What is next? With the newly acquired capital, the firm intends to move forward with a series of acquisitions. Furthermore, this in support of its vision to support category defining companies across the GCC and beyond.

Additionally, it is preparing for a new series of sector-focused investment initiatives with Cayman-based structures. This is to deepen their exposure to the consumer sector. Moreover, these initiatives will focus on scalable food and beverage concepts, hospitality models, and experience led brands. Ultimately, this is because the firm views these sectors to have evolving regional and global consumer trends.

“These upcoming initiatives reflect our conviction in long-term opportunities within the consumer space, and our commitment to building resilient, high-quality brands across the region,” said Mark Aitchison, Founder & CEO of EightClouds

Most importantly, with these initiatives the firm aims to expand regionally with a focus on the UAE and Saudi Arabia. It will also focus on other markets where consumer demand, infrastructure, and policy reform are converging to shape the future of the consumer economy.