Latham Advises Sary on Its US$75 Million Series C Funding Round

Latham & Watkins has advised Sary, a business-to-business e-commerce marketplace, in relation to its Series C US$75 million funding round. The investment was led by Sanabil Investments with participation from new investors Wafra International Investment Company and Endeavor Catalyst alongside existing investors STV, MSA Capital, Rocketship.vc, VentureSouq, and Ra’ed Ventures.

With this latest investment round, Sary has raised a total of US$112 million in funding to date. The investment will help Sary grow geographically and expand its offering to integrate native solutions and other third-party services across both the GCC and the wider Middle East and North Africa.

The Latham team was led by Dubai counsel Eyad Latif, with Dubai associates Omar Maayeh and Stephanie Dang.