Gathern gets PIF funding, eyes Tadawul IPO

SAUDI ARABIA: Rental platform Gathern obtained SAR270 million (US$72 million) Series B funding, led by Sanabil Investments, wholly-owned by the Public Investment Fund (PIF). Other investors reportedly include STV, Nuwa Capital, Endeavor Catalyst and Pinnacle Capital as Gathern also announced plans for a Tadawul IPO soon.

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