COTU Ventures, a venture capital firm offering capital for early stage startups, has raised investment from Dubai Future District Fund (DFDF).

The announcement was made via the professional networking platform, LinkedIn.

So far in 2022, COTU has invested in four startups based in the UAE. These include fintechs: Supy and Zenda; proptech Huspy and edtech Qureos.

COTU was founded in 2020 by Amir Farha, who was also the co-founder and managing partner of the Dubai-based BECO Capital, which has backed several big names such as Kitopi, Careem and SWVL.