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Saudi VC SEEDRA onboards sovereign investor as LP for second fund

Finance

20 November, 2024

Saudi VC SEEDRA onboards sovereign investor as LP for second fund

SEEDRA Ventures, a Saudi Arabia-based venture capital firm that backs early-stage companies and currently manages a portfolio of 26 startups, ......

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VC firm MEVP marks second full exit from Fund II, DPI reaches 118%

TMT

18 November, 2024

VC firm MEVP marks second full exit from Fund II, DPI reaches 118%

Gulf-focused venture capital firm Middle East Venture Partners (MEVP), which invests in early and growth-stage tech startups and is currently ......

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Ruya Partners aims final close of $250 mn private credit fund by December-end

Finance

05 November, 2024

Ruya Partners aims final close of $250 mn private credit fund by December-end

Ruya Partners, the Gulf region’s first partner-owned private credit firm, is eyeing a final close of its $250-million target fund ......

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Artal Capital CEO on key sectors for maiden PE fund, deals, Saudi IPO market, and more

Finance

30 October, 2024

Artal Capital CEO on key sectors for maiden PE fund, deals, Saudi IPO market, and more

Riyadh-based multi-asset investment firm Artal Capital, which manages assets worth $600 million, is eyeing deals in tech-based companies in six ......

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MENA Digest: Prypco leads funding this week; Pargo, invygo, Mala also raise capital

Infrastructure

25 October, 2024

MENA Digest: Prypco leads funding this week; Pargo, invygo, Mala also raise capital

The Middle East and North Africa region saw key funding announcements this week, led by UAE-based proptech startup Prypco, which ......

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MENA Digest: Global Ventures-backed Abhi leads fundraising this week

General

18 October, 2024

MENA Digest: Global Ventures-backed Abhi leads fundraising this week

Abhi, a UAE-based fintech startup, which is backed by Global Ventures and VentureSouq, led fundraising activity in the Middle East ......

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Jada-backed Artal Capital eyes final close of maiden PE fund by Q1 2025

Finance

17 October, 2024

Jada-backed Artal Capital eyes final close of maiden PE fund by Q1 2025

Artal Capital, a Riyadh-based multi-asset investment firm that manages assets worth $600 million and marked the first close of its ......

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SVC backs VC portfolio firm in second LP bet this year

Finance

16 October, 2024

SVC backs VC portfolio firm in second LP bet this year

Riyadh’s state-owned Saudi Venture Capital (SVC), which manages assets worth $2.2 billion, has struck its second limited partner-style bet this ......

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Fintech to remain key investment theme in MENA: Panellists at LP Summit Dubai 2024

TMT

07 October, 2024

Fintech to remain key investment theme in MENA: Panellists at LP Summit Dubai 2024

Fintech, which has emerged as one of the most funded sectors in the Middle East and North Africa region, will ......

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MENA Digest: Saudi's Al Menu leads funding activity; Global Ventures onboards new LP

TMT

04 October, 2024

MENA Digest: Saudi's Al Menu leads funding activity; Global Ventures onboards new LP

Saudi Arabian foodtech SaaS firm Al Menu led startup funding activities in the Middle East and North Africa region this ......