Nuwa Venture fund raises US$100 million from investors

Nuwa Venture fund raises US$100 million from investors

Nuwa Ventures Fund I ("NVFI“) raised three-quarters of its US$100 million target in less than a year since its launch from a selective pool of large groups and family offices who are leaders in their respective industries, such as healthcare, pharmaceutical, real estate, F&B, media, and logistics. Run by Nuwa Capital, the fund primarily targets rapidly growing markets in MENA and neighbouring geographies, including Turkey, Pakistan, and Sub-Saharan Africa.Nuwa Capital's uniqueness comes from its closeness to the investment and startup community in the Middle East, serving as a platform to build lasting and impactful relationships. It has built its value proposition around supporting founders and companies it invests in through a structured value creation framework with a network of operating partners and through connecting the fund's investors and Limited Partners, particularly corporate investors, with the startups that are effecting change in their respective industries. NVFI has launched the 'Nuwa Network', a close-knit network of founders and operational experts, to help startups navigate challenges with scaling and expansion, among others.Khaled Talhouni, Managing Partner at Nuwa Capital said, "We launched the fund in a year forever marked with the upending of how our economies and societies have traditionally functioned. At the heart