Regional Seedstars launches platform to develop VC managers in emerging markets Switzerland-based Seedstars has launched its investment arm “Seedstars Capital” for emerging VC fund managers across the... News • 05 December, 2022 seedstars Venture Capital
Egypt Modus partners with USAID to launch venture builder in Egypt US-based and Mena-focused VC firm Modus, has partnered with USAID to launch a venture builder (MV Builder II) in Egypt, to build and... News • 22 November, 2022 Modus USAID MV Builder II
U.A.E OurCrowd expands Abu Dhabi investment operations Israel-based VC firm OurCrowd has announced the expansion of its Abu Dhabi operations with a new VC office and AI tech hub enabled by... News • 16 November, 2022 OurCrowd ADIO ADGM
Regional IFC launches $225 million platform to strengthen VC ecosystems in Africa, Middle East World Bank-backed International Financial Corporation (IFC) has launched a $225 million platform to strengthen venture capital... News • 15 November, 2022 ifc Venture Capital
Regional Modus launches $75 million Africa-focused fund US-based and Mena-focused VC firm Modus, has launched a $75 million Modus Africa VC fund that will invest in African startups, led by... News • 15 November, 2022 Modus Venture Capital
Palestine Ibtikar Fund invests $1.4 million in three startups Palestine-based VC Ibtikar Fund, has invested $1.4 million in three startups across Mena founded by Palestinians, through its second... News • 02 November, 2022 Ibtikar Fund Alma Health Vatrin
U.A.E Hub71, Modus extend Ventures Lab Programme Hub71 and Modus will expand their venture programme “Ventures Lab” to include 28 founding teams, which is almost a 65... News • 02 November, 2022 Hub71 Modus Ventures Lab
Saudi Arabia Saudi Telecom Company commits additional $300 million to VC firm STV Saudi Telecom Company (STC) has committed an additional $300 million to Saudi venture capital firm STV, on top of an earlier investment... News • 26 October, 2022 STC STV Venture Capital
Lebanon Lebanon’s IM Ventures launches second fund Lebanon-based VC firm IM Ventures has launched a $12 million fund under the USAID Lebanon Investment Initiative (LII) to support... News • 26 October, 2022 IM Ventures Insure and Match Ventures USAID
U.A.E Aliph Capital secures $125 million investment from ADQ UAE-based private equity firm Aliph Capital has secured a $125 million investment for its maiden fund, Aliph Fund I (LP), from Abu... News • 24 October, 2022 Aliph Capital ADQ
Egypt Mastercard invests in Egypt's Nclude Egypt-based VC fund Nclude has raised an undisclosed investment from Mastercard, to accelerate Egypt's fintech ecosystem. The... News • 12 October, 2022 Nclude MasterCard Fintech
Egypt Algebra Ventures completes first close of second fund at $100 million Egypt-based VC fund Algebra Ventures, has finalised a $100 million first close of its second fund, exceeding the targeted $90 million... News • 04 October, 2022 Algebra Ventures
Morocco Morocco’s BMCE Capital launches $4.5 million fund to support local ecosystem Morocco-based BMCE Capital Investment has launched a $4.5 million VC fund dedicated to financing Moroccan startups at the Seed... News • 28 September, 2022 BMCE Capital Investment VC fund
U.A.E Further Ventures launches $200 million fund UAE-based investment firm Further has launched a $200 million fund dedicated to co-creating ventures focused on digital assets, fintech... News • 27 September, 2022 Further Ventures ADQ
Egypt Biola Alabi joins CASF as venture partner Egypt-based VC Cairo Angels Syndicate Fund (CASF) has announced having the Nigerian businesswoman Biola Alabi join as a Venture Partner.... News • 14 September, 2022 CASF The Cairo Angels Biola Alabi
Bahrain Al Waha Fund, Hambro Perks launch fintech venture studio Bahrain's Al Waha Fund of Funds has partnered with UK investment firm Hambro Perks, to launch HP Spring Studios, a fintech venture... News • 13 September, 2022 Al Waha Fund of Funds Hambro Perks HP Spring Studios
Egypt Endure Capital closes first round of $50 million fund Egypt-based Endure Capital has completed the first close of its new $50 million fund to invest in early-stage startups across Africa.... News • 07 September, 2022 Endure Capital MSMEDA Endure 21
Jordan SVC invests in Jordan's Propeller's second fund Saudi Venture Capital (SVC) has invested in Jordan-based Propeller's second fund. The value of the investment was not... News • 06 September, 2022 Propeller SVC
Iraq Iraqi Islamic Bank partners with MSA Novo to fund tech-focused startups Iraq Islamic Bank (IIB) has partnered with MSA Novo (MSA) to launch a fund to invest in tech-focused startups in Iraq. The size of the... News • 10 August, 2022 Iraqi Islamic Bank MSA Novo
Egypt Openner launches Web3-focused Qurious Labs Egypt-based VC firm Openner has launched Qurious Labs, a Web3-focused venture studio, to help develop markets and aid them to access the... News • 31 July, 2022 Openner Qurious Labs Web 3.0
U.A.E Enhance Ventures launches $30 million Builders Fund UAE and Saudi Arabia-based venture studio Enhance Ventures, has launched a $30 million Builders Fund, which will invest in the... News • 28 July, 2022 Enhance Ventures Builders Fund MENAPT
Egypt Creative Dock acquires FoundersLane, plans to invest €100 million in Mena startups Berlin-based corporate venture builder FoundersLane, which was recently acquired by Creative Dock Group (CDG), has expanded its operations... Dunya Hassanein • 25 July, 2022 FoundersLane MNT-Halan
Tunisia Pan-African CAIF fund closes at $112.8 million Tunisia-based multi-asset investment platform AfricInvest and US-based VC firm Cathay Innovation, have completed the final close of... News • 19 July, 2022 CAIF Cathay AfricInvest Innovation Fund AfricInvest
Saudi Arabia SVC Invests in the first venture debt fund Saudi Venture Capital (SVC) has invested in a venture debt fund managed by Partners for Growth. The fund focuses on offering... News • 27 June, 2022 SVC Saudi Arabia Partners for Growth (PFG)