| Founded | 2012 |
|---|---|
| Closed | 2022 |
| Country | UAE |
| Sector | Fintech |
| Collapse type | Zombie Startup |
| Founder | Chris Thomas, Sam Quawasmi |
Eureeca
"Eureeca pioneered equity crowdfunding in MENA but regulatory walls made scale impossible."
Technically alive but effectively dead, burning cash
Key Events Timeline
Eureeca, one of the world's first equity crowdfunding platforms founded by Chris Thomas and Sam Quawasmi in Dubai, raised $4M but never achieved the volume needed for sustainability.
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