Swvl

Lead: Coefficient LP

Investors: Coefficient LP, Sawiris family (via Coefficient), Existing shareholder (unnamed)

Labelled "strategic" by the source. Announced as $13M (Coefficient $10M + $3M from an existing shareholder; 8,990,317 Class A shares at $1.446) and upsized the next day by $1.5M to $14.5M, which the company itself calls one 'strategic round'. Coefficient became largest institutional shareholder; Abdalla Ali joined the board. Expected close 27 Aug 2026. Also: https://www.globenewswire.com/news-release/2026/08/26/3351346/0/en/swvl-announces-pricing-of-1-5-million-private-placement-priced-at-the-market-under-nasdaq-rules-upsizing-its-strategic-round-to-14-5-million.html https://www.sec.gov/Archives/edgar/data/1875609/000110465926100540/swvl-20260825xex99d1.htm https://www.globenewswire.com/news-release/2026/08/25/3350338/0/en/swvl-announces-13-million-strategic-investment-round-priced-at-the-market-under-nasdaq-rules-led-by-the-sawiris-family-and-coefficient-lp-to-anchor-its-next-phase-of-growth-and-u-s.html Confidence: confirmed (round 13, Swvl).

Investors: Existing Nov-2024 placement investors (unnamed)

Pre-funded warrants at $4.79, closed 7 Feb 2025. Company describes it as an 'extension' of the November 2024 placement (investors exercising an additional-purchase right under the same agreement) - merge with the previous entry if tranches are treated as one round. Also: https://www.investing.com/news/company-news/swvl-secures-additional-2-million-investment-93CH-3859264 Confidence: confirmed (round 13, Swvl via GlobeNewswire).

Investors: Swvl board members and other investors (unnamed)

Post-listing private placement (PIPE) at $4.79/share, purchasers include several board members; 6-month lock-up. Also: https://www.globenewswire.com/news-release/2024/11/18/2982560/0/en/Swvl-Announces-Pricing-of-4-7-Million-Private-Placement-Priced-At-the-Market-Under-Nasdaq-Rules-to-Accelerate-Expansion-in-High-Value-Markets.html Confidence: confirmed (round 13, Swvl).

Investors: Queen's Gambit Growth Capital, Agility, Luxor Capital Group, Zain Group, Chimera Investments, European Bank for Reconstruction and Development

De-SPAC via Queen's Gambit Growth Capital, announced 28 July 2021 at a $1.5B equity valuation (announced figure, pre-redemptions); Nasdaq listing as SWVL on 1 April 2022. Gross proceeds at close $164.8M = $111.5M PIPE + $53.3M trust cash after redemptions. PIPE was announced at $100M (Agility, Luxor, Zain), upsized to $121.5M in Feb 2022 (adding EBRD, Chimera). $35.5M (25 Aug 2021) and $21M (Jan 2022) of exchangeable notes were PIPE pre-funding, not separate rounds. Also: https://www.menabytes.com/swvl-spac/ https://www.wamda.com/2022/02/swvl-scores-21-5-million-pipe-funding https://www.prnewswire.com/news-releases/swvl-upsizes-pipe-to--120m-with-participation-from-new-flagship-investors-including-ebrd-in-connection-with-queens-gambit-business-combination-301474165.html https://www.swvl.com/article/swvl-completes-pre-funding-of-35-5-million-of-pipe-to-accelerate-growth-strategy https://www.cnbc.com/2021/07/28/swvl-a-green-focused-mass-transit-company-is-going-public-via-an-all-female-spac.html Confidence: confirmed (round 13, U.S. Securities and Exchange Commission / Swvl Holdings).

Lead: B. Riley Principal Capital

Investors: B. Riley Principal Capital

Equity line of credit (committed equity facility), not a priced round: B. Riley committed to buy up to $471.7M of shares over 24 months at VWAP less 3%. Actual draw per the FY2022 20-F: 492,707 post-split shares for $10,517,696 total proceeds. Amount left null because the facility size is a ceiling, not capital raised. Also: https://www.sec.gov/Archives/edgar/data/1875609/000119312522241465/d390212d424b3.htm Confidence: confirmed (round 13, U.S. Securities and Exchange Commission).

Per the F-4: between 8 March 2021 and 20 May 2021 Swvl issued convertible notes with aggregate principal of $27.7M, 12% p.a. stepping down to 6.5% once issuance exceeded $20M (20 May 2021). Date given is the last issuance. Holders not named in the excerpt reviewed. Also: https://www.sec.gov/Archives/edgar/data/1875609/000119312521282581/d191504df4.htm Confidence: confirmed (round 13, U.S. Securities and Exchange Commission).

Lead: BECO Capital and Vostok New Ventures (co-leads)

Investors: BECO Capital, Vostok New Ventures, MSA Capital, Endeavor Catalyst, OTF Jasoor Ventures, Sawari Ventures, Arzan VC, Blustone, Autotech Ventures, Michael Lahyani

Company labels it Series B-2. Post-money valuation of $156.86M comes from MENAbytes' exclusive (Aug 2019) based on Vostok New Ventures' disclosure that its $16M bought 10.2%. MENAbytes: total raised 'close to $80 million' at this point. Also: https://www.menabytes.com/swvl-valuation/ https://ventureburn.com/2019/06/egypts-swvl-raises-42-million/ https://egyptinnovate.com/en/%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1/swvl-secures-42-million-series-b-2-funding-round Confidence: confirmed (round 13, MENAbytes).

Lead: BECO Capital

Investors: BECO Capital, Silicon Badia, DiGAME, Raed Ventures, Arzan VC, Oman Technology Fund, Esther Dyson (EDventure Holdings)

Co-led by BECO Capital, Silicon Badia and DiGAME. Largest round for an Egyptian tech startup at the time. Also: https://www.menabytes.com/swvl-8-million https://www.africacapitaldigest.com/2018/04/29/beco-capital-leads-series-a-for-egypts-swvl/ https://enterprise.press/stories/2018/04/24/swvl-sees-the-largest-funding-round-in-egypt-tech-startup-history/ Confidence: confirmed (round 13, DiGAME Investment Company).

Lead: Careem

Investors: Careem

Minority stake; Careem co-founder Magnus Olsson joined the board. Founders had put in ~$30K of their own money at founding (April 2017) per later press. Also: https://www.menabytes.com/careem-swvl/ https://www.forbesmiddleeast.com/careem-invests-in-egyptian-transportation-startup-swvl https://www.dailynewsegypt.com/2017/07/17/careem-invests-local-egyptian-start-swvl-bringing-low-cost-transportation-options-region/ Confidence: confirmed (round 13, Wamda).