New $60m Venture Capital Fund to Invest in 120 MENA Startups

SourceDubai Chronicle
SectorFinancial Markets
CountryMiddle east

$60 million fund will invest in 120 early-stage tech startups across MENA region Focus sectors include FinTech, HealthTech and EduTech amid anticipated post-COVID tech boom A new $60 million venture capital fund led by an ex-Google executive and Silicon Valley venture capital firm veteran will invest in 120 early-stage startups across the MENA region amid an anticipated boom in tech post-COVID. Plus Venture Capital (+VC) will have key operations based in Bahrain, with offices in Saudi Arabia, the UAE and Egypt. +VC will invest in tech and tech enabled startups across all sectors, including FinTech, HealthTech and EduTech in addition to Logistics, Content and Ecommerce at a time when more...