VC

DPI launches DPI Venture Capital with focus on Africa

Development Partners International (DPI) announced the launch of DPI Venture Capital, which will target investments in early-stage, growth-oriented technology businesses across Africa.

VC funding surpasses $2 trillion in five years

Although the global VC funding activity significantly slowed down after reaching a peak in 2021, companies and startups still raised close to $550 billion over the past two years, pushing the five-yea...

UAE-based Iliad Partners launches $50m MENA VC Fund

UAE-based venture capital firm Iliad Partners has announced the launch and first close of its $50m Iliad Partners Tech Ventures Fund I.

Science-based VC fund, Constructor Capital unveils new office in Abu Dhabi

Constructor Capital, a science-based VC fund investing in startups, software, and deep technology, has announced that it has expanded into the Middle East with the establishment of a new office in Abu...

stc Group announces its Corporate Venture Capital Arm, tali ventures

stc Group announced the launch of its Corporate Venture Capital Arm, tali ventures, which serves as a catalyst for innovative startups, leveraging stc Group’s ecosystem. This milestone underscores the...

P1 Ventures announces closure of second fund at $25 million

P1 Ventures, the Pan-African Seed VC fund combining local market knowledge, a global track record and AI to unlock the continent’s huge and largely untapped potential has completed the first $25 milli...

African tech ecosystem growing faster despite the global VC downturn

Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital. The report, which aims to provide a practical picture of the state ...

VC funding for Saudi Arabian startups grew by 72%

The “2022 Saudi Arabia Venture Capital Report” revealed that the funding deployed into Saudi Arabian startups grew by 72% to a record-high of $987 million (SAR 3.701 billion) in 2022 versus 2021.

Leading International Cricketer Shikhar Dhawan launches $75 million Global SportsTech Venture Fund

International cricketer and entrepreneur Shikhar Dhawan has launched Da One Global Ventures (DOGV), a $75 million Global SportsTech Venture Fund focusing on innovation across the Sports spectrum.

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