VentureRock launches $300 million fund in Abu Dhabi

abu-dhabi venturerock fund abu

VentureRock launches $300 million fund in Abu Dhabi

VentureRock is launching a $300M Fund-of-Funds in Abu Dhabi, supported by The Private Investment Group, to encourage and grow the market-leaders that will shape the world of tomorrow in deeptech, cleantech, healthtech and Smart City technology. The new Fund-of-Funds will invest in early-stage startups that leverage technology, science and innovation to build sustainable, impact-driven solutions and unlock new-age business models for retail, real-estate, logistics, fintech and agriculture through VentureRock’s Special Purpose Investment Company (SPIC) structure, that implements the legal and operational processes needed to safeguard the ventures’ success.

VentureRock’s Dubai Hub is bringing not only capital but also technology, talent and knowledge around early-stage startup investing and venture-building to the region. The hub is also running its own venture building studio comprised of the Founders Lab and Builders Lab, and will become the launching pad for its portfolio companies from Amsterdam and Singapore to expand their operations to the Middle East.

Goldman Sachs thinks these 6 global stocks could rally by 60% or more

UAE adopts its largest legislative reform in its history via 40 new laws and changes

Goldman Sachs says these 6 energy stocks still have plenty of room to run

Sheikh Mohammed approves housing projects worth Dhs3.8 billion in Dubai