Swvl, a Dubai-based provider of transformative mass transit and shared mobility solutions in Egypt and beyond, announced that several investors, including Agility and Chimera Abu Dhabi, have completed the pre-funding of $35.5 million of the aggregate PIPE subscription raised in connection with the company’s proposed business combination with Queens Gambit Growth Capital.

Swvl is executing a comprehensive growth strategy with the goal of realising approximately $1 billion of annual gr...