Wamda

Egypt

Glint Fund II completes initial close at $3 million

Egypt-based investment firm Glint has completed the first close of its second venture fund at $3 million, supported by Wadi Degla...

Glint VC fund

Regional

P1 Ventures closes $35 million for its second fund

US-based and pan-African VC fund P1 Ventures has completed the second close of its second fund at $35 million, aiming to reach $50...

P1 Ventures VC fund ifc

Regional

P1 Ventures completes first close of second fund at $25 million

US-based and pan-African VC fund P1 Ventures has completed the first $25 million close of its second fund. Founded in 2020 by Mikael...

P1 Ventures VC fund

Regional

Singapore’s Antler launches $60 million Menap Fund

Singapore-based VC firm Antler has launched a $60 million Middle East North Africa and Pakistan (Menap)-focused fund to invest in the...

Antler MENAP VC fund

U.A.E

Illuminati Capital raises $50 million to back Web3 startups

UAE-based crypto VC fund Illuminati Capital, has raised $50 million for a fund that aims to invest in early-stage blockchain and...

Illuminati Capital VC fund Web 3.0

Regional

Flat6Labs launches $95 million Seed fund to back early-stage startups in Africa

Seed investor and accelerator Flat6Labs, has launched a new $95 million Africa Seed Fund (ASF) to nurture the growth and development of...

Flat6Labs Africa Seed Fund ASF

Morocco

Morocco’s BMCE Capital launches $4.5 million fund to support local ecosystem

Morocco-based BMCE Capital Investment has launched a $4.5 million VC fund dedicated to financing Moroccan startups at the Seed...

BMCE Capital Investment VC fund

Algeria

Algeria Venture and AIF launch $10 million VC fund

Algeria-based accelerator Algeria Venture (A-Venture) and the Algeria Investment Fund (AIF) have partnered to launch a VC fund targeting...

Algeria Venture Algeria Investment Fund VC fund

Saudi Arabia

Saudi Aramco launches $1 billion Prosperity7 Ventures fund

Saudi Arabia’s Aramco has launched Prosperity7 Ventures, a $1 billion global VC fund, with a long-term view to supporting the...

Aramco Prosperity7 Ventures VC fund

Jordan

Propeller launches new fund to invest in early-stage startups

Jordan-based venture capital (VC) firm Propeller, has announced the first close of its second fund which will focus on pre-Seed and...

Propeller VC fund VC

U.A.E

Access Bridge Ventures launches with first close of its $25 million fund

Access Bridge Ventures (ABV), a newly launched regionally focused early-stage venture capital fund, has made its first close. The fund,...

ABV VC fund

Egypt

Raya Holding to launch EGP 100 million fintech-focused fund

Source: WAYA Raya Holding announced that it will invest EGP 100 million to establish a direct investment fund specifically for...

Raya holding Fintech VC fund

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