New $60m Venture Capital Fund to Invest in 120 MENA Startups
- Date: 12-Oct-2020
- Source: Dubai Chronicle
- Sector:Financial Markets
- Country:Middle East
New $60m Venture Capital Fund to Invest in 120 MENA Startups
$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