Dubai - Sharikat Mubasher: Premialab, a global provider of data, analytics, and risk management solutions for quantitative investing, secured $220 million growth investment led by KKR, a leading global investment firm, alongside existing investor Balderton.

The funding will support Premialab’s continued global expansion, as well as the growth and development of core operational systems and the scaling of its newly launched execution product, co-developed with Eurex to broaden access to quantitative investment strategies (QIS) strategies, the company announced in a recent press release.

Headquartered in Dubai, with a presence in New York, London, Paris, Hong Kong, and Sydney, Premialab enables its customers to make optimal investment and risk management decisions by accessing and benchmarking QIS strategies, analyzing their performance, and providing a suite of related risk analytics.

Commenting on the funding, Adrien Geliot, CEO of Premialab, said: “This strategic partnership with KKR marks an important milestone for the business and provides us with the resources and long-term support to accelerate the development of the systematic investing ecosystem. Working closely with banks and strategic partners, we will continue to scale our platform globally, enabling us to better serve clients with deeper analytics, greater transparency, and improved efficiency.”

Meanwhile, Elliot Bell, Principal at KKR, stated: “We are delighted to strategically partner with the founders and management team at Premialab to accelerate future growth through this investment and access to our network and resources.”

The investment will be made primarily through KKR's Next Generation Technology Growth Fund III, and represents the NGT platform’s first investment in the Gulf region.