Wamda

U.A.E

CE-Creates merges with hatch & boost in Mena’s first venture-builder merger

UAE-based incubator CE-Creates, the business incubation platform of Crescent Enterprises, has completed the merger of hatch & boost,...

CE-Creates hatch & boost

U.A.E

Dubai launches $100 million debt fund to finance startups

Dubai has launched a Dh370 million ($100.7 million) VC debt fund to finance startups and fuel their global expansion. The Venture Debt...

venture debt fund Dubai DIFC

Saudi Arabia

KAUST launches innovation fund

The King Abdullah University of Science and Technology (KAUST) has launched a VC fund to invest in seed level deeptech...

KAUST KAUST Innovation Fund

Egypt

IFC pledges $15 million investment in Algebra Fund II

International Finance Cooperation (IFC), a member of the World Bank Group, has pledged $15 million investment in Algebra Ventures’...

Algebra Fund II Algebra Ventures ifc

Saudi Arabia

Flat6Labs, SVC launch $40 million startup Seed fund in Saudi Arabia

The Saudi Venture Capital Company (SVC) has partnered with Flat6Labs to launch the “Startup Seed Fund” and Flat6Labs Riyadh...

Startup Seed Fund Flat6Labs SVC

Saudi Arabia

SVC invests in Sadu Capital's $27 million B2B-focused fund

Saudi Venture Capital (SVC) has invested in Sadu Capital's $27 million VC fund focused on supporting and nurturing the...

Sadu Capital SVC

Morocco

Morocco’s Al Mada launches pan-African $109.5 million VC fund

Morocco-based Al Mada Holding Group has launched a $109.5 million pan-African venture capital fund to invest in fast-growing...

Al Mada africa Venture Capital

Egypt

Sequence Ventures to invest in 10 startups through $8 million Deep-Tech fund

Egypt-based VC Sequence Ventures, is planning to invest $8 million (EGP150 million) in 10 tech companies this year via its Egypt...

Sequence Ventures Deep-Tech Fund

U.A.E

SHUAA Capital launches $250 million venture debt fund

SHUAA Capital has launched SHUAA Venture Partners, a $250 million Shari’ah fund focused on venture debt...

Shuaa Capital SHUAA Venture Partners

Egypt

IFC invests $5 million in Egypt’s Disruptech fund

The International Finance Corporation (IFC), a member of the World Bank Group, has pledged a $5 million investment in Disruptech...

ifc Disruptech Fintech

Sudan

249Startups launches Sudan’s first equity fund Rhino Investments

Sudan-based innovation hub 249Startups has launched an equity fund “Rhino Investments” to boost the Sudanese entrepreneurial...

249Startups Rhino Investments acceleration

U.A.E

in5 launches space for investors in Dubai

Dubai incubator in5 will launch a specialised space to connect investors with startups for funding and partnership...

VC in5

Egypt

Egypt launches $50 million VC programme to support tech startups

Egypt has launched a $50 million venture capital programme to finance new and existing investment funds, in collaboration with the World...

MSMEDA world bank

Global

The Power Law — how venture capital ate the stock market

By John Gapper In May 1976, a California securities regulator wrote to the venture capital fund Kleiner Perkins to deliver a warning...

VC FT

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

VentureSouq Fintech

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