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EightClouds Secures $20M to Drive GCC Consumer Investment Strategy Forward

Editorial Team
Editorial Team

3 min

EIGHTClouds raised $20 million in just 11 months, surpassing their initial 24-month target.

The funds support strategic acquisitions, focusing on high-growth sectors in GCC and regional markets.

They aim to leverage shifts in consumer tastes, targeting food, hospitality, and digital innovation.

New initiatives will focus on scalable models and family businesses with "No Exit Plan" strategies.

The Gulf's demographic mix and economic policies present ideal conditions for managed growth.

EIGHTClouds, an Emirati firm specialising in alternative investments, has successfully raised an impressive $20 million, completing their funding round within just 11 months—a significant time-saving compared to their initial 24-month timeline.

This fresh injection of capital highlights the growing confidence investors have placed in EightClouds' consumer-driven investment strategy and enhances its reputation as a dynamic player in high-growth sectors. According to company statements, the raised funds have been dedicated toward a mix of strategic acquisitions, with some transactions already finalised and others still under way. These acquisitions align with the firm's extensive vision of supporting promising businesses in the GCC countries, in addition to exploring opportunities in wider regional markets.

Over the past year, the company's activities have noticeably picked up momentum, especially across sectors like food and beverage, hospitality, and digital innovation. These are industries experiencing rapid shifts, reshaped by changing customer preferences—a bit like how everyone's suddenly ditching traditional shawarmas for fancy gourmet burgers here in Dubai; consumer tastes don’t stand still. Such shifts have created ample opportunities for EightClouds, enabling the firm to target emerging businesses capable of substantial growth.

EightClouds isn't stopping there, though. The company is now gearing up for a portfolio of new sector-specific initiatives specifically designed to cement its foothold within consumer-centric spaces. Initially focusing on scalable business models within both food and hospitality, these initiatives also eye opportunities with existing family businesses that currently lack a clear exit strategy—or in more straightforward terms, they haven’t got a decent plan for future leadership changes. Internally, they've labelled these as businesses with a "No Exit Plan." Typically, these are brands with solid customer loyalty and untapped possibilities across retail, food, healthcare, and direct-to-customer sales channels.

Oliver Wall, the company's investment director, recently described these upcoming projects, noting that their chief targets are fast-growing consumer-driven businesses with robust cash flows and operational models easily adaptable for expansion. Wall emphasised the Gulf region provides ideal conditions for carefully managed growth, thanks in no small part to its demographic mix, strong disposable income, and supportive business enviroment policies.

Altogether, it seems EightClouds has set an ambitious path—reaping the rewards of its swift fundraising while aligning itself smartly with the transforming landscape of consumer-focused economies within the Gulf. I'll certainly be looking out for what else Arageek might have to report on their future investment moves.

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