Iraq An investor's outlook on Iraq in 2022 Pat Cline is an investment advisor at Five One Invest in Iraq Although the past two years have been tumultuous economically, the Iraqi... Thought Leadership • 07 February, 2022 Kurdistan Region Iraq Five One Labs
Saudi Arabia Khwarizmi Ventures closes $70 million fund to invest in MENAP startups Saudi Arabia-based Khwarizmi Ventures has completed the second closing of its current fund with a value of $70 million to fuel... News • 03 February, 2022 Khwarizmi Ventures MENAP
Saudi Arabia Saudi Aramco launches $1 billion Prosperity7 Ventures fund Saudi Arabia’s Aramco has launched Prosperity7 Ventures, a $1 billion global VC fund, with a long-term view to supporting the... News • 02 February, 2022 Aramco Prosperity7 Ventures VC fund
U.A.E $150 million VC fund to boost India-UAE startup ecosystem HCL Founder and Chairman of Startup Committee FICCI, Dr Ajai Chowdhry has launched an India-UAE VC Fund of $150 million with the aim to... News • 26 January, 2022 HCL FICCI India
U.A.E UAE’s Chimera Capital closes second fund Alpha Wave Ventures II at $10 billion UAE-based investment firm Chimera Capital has closed its second VC fund Alpha Wave Ventures II at $10 billion, co-managed with... News • 25 January, 2022 Chimera Capital Alpha Wave Ventures II
U.A.E Mindshift Capital doubles fund size UAE and US-based venture capital firm Mindshift Capital has doubled its fund size attracting new US and Middle East investors to its... Nesma Abdel Azim • 16 December, 2021 Mindshift Capital
U.A.E MEVP makes partial exit from UK’s Fresha UAE-based VC MEVP has made a partial exit from its investment in the UK-headquartered beauty app Fresha, with a secondary sale in the... News • 14 December, 2021 MEVP Fresha
U.A.E Chimera Capital closes first VC fund at $75 million UAE-based Chimera Capital Ltd has closed its first venture capital fund at $75 million, backed by Mubadala Investment Company alongside... News • 13 December, 2021 Chimera Capital fund
Oman Oman’s Phaze Ventures participates in Voyager Portal’s Series A round Oman-based VC Phaze Ventures has participated in the $8.4 million Series A round of US-based shipping supply chain software platform... News • 05 December, 2021 Voyager Portal Phaze Ventures
Regional VentureSouq launches $50 million fund GCC-based VC firm VentureSouq has launched the $50 million Mena FinTech Fund I, aiming to invest in early-stage fintech and SaaS... News • 21 November, 2021 VentureSouq Fintech
U.A.E SDF to pour $150 million into local, international VC investments The UAE’s Strategic Development Fund (SDF), the investment arm of Tawazun Holding, has allocated $150 million (DH551.2 million) to... News • 16 November, 2021 Strategic Development Fund SDF Tawazun
Saudi Arabia BLOMINVEST partners with Flat6Labs to fund Saudi startups Saudi Arabia-based asset manager BLOMINVEST has partnered with Egypt’s Flat6Labs to launch a fund targeting early-stage startups... News • 17 November, 2021 BLOMINVEST Flat6Labs
U.A.E Dubai launches Dh1 billion Future District Fund Dubai has launched a Dh1 billion ($272 million) Dubai Future District Fund to support Seed to growth-stage tech startups and encourage... News • 16 November, 2021 Dubai Future District Fund
Oman Oman’s Phaze Ventures launches $30 million fund to support early-stage startups Oman-based VC firm Phaze Ventures has launched its $30 million venture capital fund, targeting early-stage startups in Mena, Europe... News • 15 November, 2021 Oman Oman Technology Fund Phaze Ventures
Saudi Arabia Raed Ventures announces Wael Nafee as new partner Saudi Arabia-based VC firm Raed Ventures has named Wael Nafee as a new partner in its fund. Wael joins Raed after having served Careem... News • 08 November, 2021 Raed Ventures Wael Nafee
Egypt A15 invests in Egypt-based fintech Sympl Egypt-based VC firm A15 has invested in fintech startup Sympl. The amount invested was not disclosed. Founded in October... News • 04 November, 2021 Sympl A15 Fintech
Iraq Iraq Venture Partners, new venture fund launches to support Iraqi startups Several Iraqi investors have come together to launch a new VC, Iraq Venture Partners (IVP). Established by Omar Al-Handal,... News • 01 November, 2021 Iraq Venture Partners IVP VC
Regional Organon, Flat6Labs launch accelerator to support female-focused healthtech in Mena Flat6Labs has partnered with Organon to launch the Femtech Accelerator Programme to help healthtech startups focused on women’s... News • 28 October, 2021 Organon Flat6Labs
U.A.E Shorooq Partners launches The Nahda Fund 1 to support Mena startups Abu Dhabi-based VC Shorooq Partners has launched The Nahda Fund 1, a venture-debt fund, in partnership with South Korea’s IMM... News • 26 October, 2021 Shorooq Partners IMM Investment Global The Nahda Fund 1
U.A.E Chimera Capital’s closes $50 million second fund Abu Dhabi-based Chimera Capital, a subsidiary of private investment firm Chimera Investment, has announced the close of its second fund... News • 25 October, 2021 uae Chimera venture capital fund
Lebanon BY Venture Partners closes $50 million BY Fund II Abu Dhabi and Beirut-based VC BY Venture Partners has closed its second fund, BY Fund II, valued at $50 million to be invested in... News • 18 October, 2021 BY Venture Partners BY Fund II VC
Egypt Sequence Ventures launches $31 million deeptech fund Venture capital firm Sequence Ventures has launched a new EGP500 million ($31 million) fund dubbed Egypt Deep-Tech. The fund plans to... News • 06 October, 2021 Sequence Ventures deeptech VC
Regional Azimut, GELLIFY launch joint $50 million VC fund to support B2B Mena startups The Italian management group Azimut (ME) Limited ADGM, in partnership with GELLIFY Middle East is launching a VC fund targeting a fund... News • 19 October, 2021 Azimut GELLIFY VC
U.A.E MBRSC launches Space Ventures to support space-focused startups The Mohammed Bin Rashid Space Centre (MBRSC) has announced the launch of Space Ventures, a launchpad for global and regional startups in... News • 18 October, 2021 Space Venture