Thndr Secures $15.7 Million in Second Funding Round
Deal News | May 26, 2025 | Legal Community MENA
Matouk Bassiouny has provided legal counsel to BECO Capital in their investment in Thndr, an investment platform that has successfully raised USD 15.7 million in its second funding round. This round was predominantly led by Prosus Ventures, with significant participation from other notable investors such as JIMCO Capital, Endeavor Catalyst, Y Combinator, and a U.S. university endowment, among others. The advisory team from Matouk Bassiouny, leading the transaction, comprised Mohamed Essam, partner and head of corporate and M&A UAE offices, and senior associate Moustafa Rizk.
Sectors
- Financial Services
- Legal Services
Geography
- United Arab Emirates – Matouk Bassiouny’s head of corporate and M&A UAE offices was involved in the transaction.
- Global – The funding round involved global investors including entities from multiple countries.
Industry
- Financial Services – The article pertains to Thndr, an investment platform, and its latest funding round.
- Legal Services – Matouk Bassiouny provided legal advisory services to BECO Capital for the investment transaction.
Financials
- USD 15.7 million – The total amount raised by Thndr in its second funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Thndr | Target Company | Company | Thndr is an investment platform that successfully raised $15.7 million in funding. |
| BECO Capital | Investor | Company | A private equity firm that invested in Thndr's funding round. |
| Matouk Bassiouny | Legal Advisor | Company | Provided legal counsel to BECO Capital for the investment transaction. |
| Prosus Ventures | Lead Investor | Company | Led the $15.7 million funding round for Thndr. |
| JIMCO Capital | Investor | Company | Contributed to Thndr’s second funding round. |
| Endeavor Catalyst | Investor | Company | Contributed to Thndr’s second funding round. |
| Y Combinator | Investor | Company | Contributed to Thndr’s second funding round. |
| A U.S. University Endowment | Investor | Company | One of the global investors in Thndr's funding round. |
| Mohamed Essam | Partner & Head of Corporate and M&A UAE Offices | Person | Led the Matouk Bassiouny team advising BECO Capital on the transaction. |
| Moustafa Rizk | Senior Associate | Person | Part of the Matouk Bassiouny team advising on the transaction. |