The fund aims to close the current funding gap that exists for local and regional entrepreneurs
in5 has incubated about 900 startups since its inception, and its tech-focused vertical is currently home to 270 active startups
The kingdom’s venture capital market was boosted by the government’s focus on innovation, a dedicated unicorn project, and investments from sovereign funds
The fund will play a pivotal role in supporting startups, starting from the pre-seed stage, and extending to the Series B investment stage
The fundraising in Q3 2033 contributed to $1.4bn raised through 286 transactions in the first nine months of the year
The Women in Tech accelerator programme offers entrepreneurs a platform to unleash their potential, overcome barriers and accelerate their business ventures
The partnership comes as MEVP launches its fourth flagship MENA VC fund with a target size of $150m
The show brings the pressure, the suspense and the glory of raising capital to TV screens in the UAE in a10-episode season
The drive for economic diversification and state-backed initiatives together with financial support for startups is fuelling Middle East’s venture capital industry
The new investment manager aims to launch a series of multi-asset class funds to invest in private equity, venture capital, credit and public equities
Aramco has allocated $300m in additional funds to Wa’ed Ventures
Terra Drone is the first Asian startup to raise funding from Wa’ed Ventures
The company will also host its Demo Day, where startups that are part of Cohort 3 of Flat6Labs Ignite will have the opportunity to present and pitch to regional venture capitalists
The fund will target businesses with a focus on fintech, AI, life sciences, consumer internet and B2B sectors
Family offices made up 4.2 per cent of the roughly 23,000 venture capital deals worldwide this year through August 31
As an asset class, private equity continues to perform robustly, with venture capital seeing a standout year on the back of enthusiasm for technology and healthcare
Hatch & Boost is an Abu Dhabi-based venture builder dedicated to hatching startup ideas and boosting them into scalable ventures in the Middle East
A search for a successor is underway
Startups benefit from access to industry experts, mentors and partner organisations
Abu Dhabi’s sovereign investor to acquire minority stake in the US-based venture capital firm
Mahdi Aladel, who formerly led the state energy producer’s base oils and lubricants division, will take over
KBW Ventures joins funding round for US-based Bond Pet Foods