ADQ holding company launches new Dhs11b venture fund at ADGM – Gulf Today

ADQ holding company launches new Dhs11b venture fund at ADGM – Gulf Today

By basing their business in the UAE's capital, companies will benefit from the exceptional digital infrastructure already in place as well as highly advanced regulatory frameworks and other R&D initiatives.. Alpha Wave Incubation Fund will further encourage Abu Dhabi's culture of entrepreneurship and help to promote its emerging position as a global innovation hub, in line with the Ghadan 21's accelerator programme's investment in Abu Dhabi's economy, knowledge system and communities," he added.. Mayank Singhal, ADQ Head of Venture Capital and Technology, said, "With the launch of Alpha Wave Incubation Fund, we have the opportunity to invest in outstanding start-ups that will generate sustainable, long-term financial returns while also drawing young founders and teams to Abu Dhabi.".