Venture Capital
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.
Impact46 invests SAR 50 million in Saudi startup Cipher
Saudi venture capital firm Impact46 has announced a strategic pre-IPO investment of SAR 50 million (over $13.3 million) in Cipher, a Saudi-based cybersecurity startup. This investment underscores Impa...
CE-Ventures co-leads $10 mln round for CrossBridge Bio
CE-Ventures, the corporate venture capital arm of UAE-based Crescent Enterprises, has announced its participation in a $10 million financing round for CrossBridge Bio, a Houston-based biotech firm pio...
Ibtikar Fund closes their second fund at $25 million
Ibtikar Fund, a disruptive venture capital firm and the only Palestinian venture capital fund targeting early-stage Palestinian-founded startups. Ibtikar’s team led by its managing partners, Ambar Aml...
Janngo Capital start-up fund oversubscribed at $78 million
Pan-African venture capital firm Janngo Capital announces the final closing of its second fund at $78 million, 20% beyond its initial target. This fundraising demonstrates the confidence of leading in...
UAE Minister Alia Al Mazrouei engages with leading VCs in the country
Her Excellency Alia bint Abdulla Al Mazrouei, UAE Minister of State for Entrepreneurship, held a roundtable with 20 directors and CEOs of venture capital funds to support the development of the UAE’s ...
Nairobi to host Africa Tech Female Founder Summit 2024 on 15th October
TLcom Capital, one of Africa’s largest venture capital firms, has officially announced its 6th edition of the Africa Tech Female Founder Summit, which will be held on Tuesday, 15th October 2024, in Na...
Saudi tops venture capital funding in the MENA region
The “2024-H1 Saudi Arabia Venture Capital Report” revealed that Saudi Arabia maintained its first rank across MENA in terms of Venture Capital funding in the first half of 2024, witnessing...
Jordan’s ISSF invests $2 million in VentureSouq Fund II
Jordan’s Innovative Startups and SMEs Fund (ISSF) announces a $2 million investment in VentureSouq Fund II. VentureSouq is a MENA-based venture capital fund manager with a global portfolio of th...