CE-Invests, the strategic investment platform of Sharjah-based Crescent Enterprises, has participated in the $50 million Series C funding round for Flipspaces, a leading India-US technology company that is transforming the commercial interior design and build industry. The investment is a strategic move to facilitate Flipspaces’ expansion into the MENA region, using the UAE as its primary launchpad.
By The Numbers
- Funding Round: $50 Million Series C
- MENA Investor: CE-Invests (Crescent Enterprises)
- Flipspaces’ Scale: 8+ Million sq. ft. designed
- Flipspaces’ Projects: 1,000+ delivered
A Tech-Driven Approach to a Traditional Sector
Founded in 2015, Flipspaces has developed a proprietary full-stack platform for commercial interior design. The technology integrates AI-led design management, immersive VR walkthroughs for clients, and a streamlined procurement and execution process. This tech-first model has allowed the company to bring efficiency, cost transparency, and timely execution to a traditionally fragmented sector.
The Strategic Rationale: An Asia-UAE-USA Corridor
The investment from CE-Invests is designed to create a dynamic innovation corridor between Asia, the UAE, and the USA. By backing a proven scale-up, the Sharjah-based firm is actively attracting a high-growth international company to the region.
“With the UAE as its launchpad for expansion into the wider MENA region, Flipspaces is uniquely positioned to bridge the Asia-UAE-USA innovation corridor. We are proud to support its journey to becoming a category-defining international leader,” commented Ghada Abdelkader, Senior Vice President of CE-Invests.
Bringing a Proven Model to MENA
CE-Invests is backing a company with a strong track record of profitable growth. Flipspaces has already delivered more than 1,000 projects covering over 8 million square feet across its core markets in India and the USA, demonstrating a capital-efficient and replicable business model.
“This investment is not just a financial boost, it’s a strategic endorsement. Having the backing of CE-Invests reflects strong market confidence in our technology-led model,” said Kunal Sharma, Founder & CEO of Flipspaces.
About the Partners
- CE-Invests: The strategic investments platform of UAE-based multinational Crescent Enterprises. It focuses on backing mid-market growth companies with a long-term, patient-capital approach, typically deploying AED 75–200 million per transaction.
- Flipspaces: A leading tech-first interior design and build company for commercial spaces, with major operations in India and the USA.
Looking Ahead
This investment exemplifies the UAE’s evolving role as a strategic hub for global scale-ups. By providing the capital and network for Flipspaces to enter the region, CE-Invests is not only making a financial investment but also enriching the local ecosystem. The arrival of Flipspaces is set to introduce new technologies and increase competition in the regional proptech and contech sectors.
Source: Zawya
