Venture Capital
J.P. Morgan to acquire Aumni
J.P. Morgan today that it has entered into a definitive agreement to acquire Aumni, a leading provider of investment analytics software to the venture...
Saudi VC Emkan launches $31 million fund to back early-stage startups
Emkan Capital, a leading Saudi venture capital firm focused on early-stage technology start-ups across GCC and broader MENAP has announced the close o...
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 mil...
Hub71 startups raises $1 billion in venture capital
Hub71 today announces it has onboarded startups to its community that have raised US$1 billion (AED 3.7 billion) in venture capital collectively since...
MENA fintech hubs must build on billion-dollar momentum
The GCC has cemented its position on the map as a center for financial technology (fintech) in recent years. But the region cannot afford to rest on i...
Shams joins hands with Shorooq Partners for the SHFT BUILD Gametech
As part of its strategic vision to support the e-gaming industry, Sharjah Media City (Shams) has partnered with the region’s leading venture capital f...
NVIDIA offers promising AI startups access to VCs
To better connect venture capitalists with NVIDIA and promising AI startups, the company has introduced the NVIDIA Inception VC Alliance. This initiat...
Algebra Ventures $90 million new fund targets Egyptian startups
Egypt’s leading VC firm, Algebra Ventures launched its $90 million second fund, dedicated to investing in startups with a focus on Egypt with an alloc...
MEVP Capital is Granted an Asset Management License by the DFSA
MEVP Capital, a member of the Middle East Venture Partners (MEVP) Group, announced that it has received its Category 3C license from the Dubai Financi...
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