Aramco Ventures boosted by $4bn fund allocation
venture capital arm
Latest in venture capital arm
Abu Dhabi
Second cycle of Ignite Accelerator Programme for innovative startups launched by Flat6Labs, DisruptAD
In addition to offering seed funding of up to$149,740, and subsequent funding of up to $544,500, the programme gives selected start-ups tailored support, world-class mentorship, and considerable access to ADQ’s network and resources
CE-Ventures
UAE-based CE-Ventures to double start-up funding to hit AED1bn by 2022
Corporate venture capital platform of Crescent Enterprises has already invested over AED500m in 32 start-ups and VC funds across the MENA region, the US, India, and Southeast Asia
BECO Capital
Venture capital firm BECO Capital closes second fund at $100m
To date, the firm has made 22 investments across two funds, which have collectively raised over $1 billion in follow-on capital
Badr Jafar
‘New era’ for corporate VCs in the Middle East, says Badr Jafar
Crescent Enterprises’ corporate VC arm, CE Ventures, plans to invest $150 million around the world by 2020