Family offices deployed capital across mobility, social commerce, and luxury autos this week, with the Sawiris family backing Swvl’s U.S. expansion, a Danish billionaire’s family office joining GoWish’s international push, and a data-center executive’s family office taking a strategic stake in duPont REGISTRY Group.
Aug. 27 — duPont REGISTRY Group announced a strategic investment from the family office of Sureel Choksi, President and CEO of Vantage Data Centers and a race car driver and collector. The Miami-based luxury automotive platform said the investment reinforces its position in the high-end auto market; terms were not disclosed. (Business Wire)
Aug. 25 — Swvl Holdings entered a $13 million private placement led by Coefficient LP, a Houston-based investment firm backed by the Sawiris family of Cairo, with Coefficient contributing $10 million to become Swvl’s largest institutional shareholder. Coefficient founder Abdalla Ali will join Swvl’s board. (Swvl)
Aug. 24 — GoWish, the Danish social shopping and wishlist app known at home as Ønskeskyen, secured a DKK 100 million (roughly €13.4 million) investment from a group of new backers including Weco, the family office of Johan Wedell-Wedellsborg, and former EQT partner Mads Ditlevsen. The round values the company above one billion kroner and will fund international expansion, particularly in the U.S., where GoWish has more than 9 million registered users. (FinTECH Global)