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Dubai-based proptech platform Silkhausraised a multi-mn USD pre-series A funding round from US-based Partners for Growth, according to a press release.The agreement also grants Silkhaus access to an extra multi-mn USD credit line to bolster its expansion initiatives.
ICYMI: Silkhaus raised USD 7.8 mn (AED 28.6 mn) from international investors in 2022.
About Silkhaus: Established in 2021, Silkhaus focuses on the global short-term rental sector, which is valued at over USD 100 bn, using technology to offer property owners tools to efficiently oversee and monetize their assets. The company is the largest short-term rental operator in the GCC, and operates in Dubai and Abu Dhabi, with plans to expand to Riyadh.
