The Investment Corporation of Dubai (ICD) is the principal investment arm of the Government of Dubai, focused on consolidating and managing the government's portfolio of commercial companies and investments. Its strategy involves providing financial and strategic oversight to preserve wealth, grow value, enhance returns and diversification, and deploy capital in new local and international investments across various sectors and asset classes to achieve long-term, risk-adjusted returns for Dubai.
33% of their portfolio is in Food & Agriculture.
Portfolio
3
Fund Size
—
Top Stage
Series D
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
3 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 FreshToHome | Series C | $121M | Oct 2020 |
 Trustly | Growth | — | Jun 2020 |
 Nanotronics | Series D | $30M | Oct 2017 |
Top Co-Investors
Founders Fund1 shared
BlackRock1 shared
Aberdeen Standard Investments1 shared
Neuberger Berman1 shared
Investcorp1 shared
First Ascent Ventures1 shared
U.S. International Development Finance Corporation (DFC)1 shared
Allana Group1 shared
Iron Pillar1 shared
Last updated: 16 April 2026