Enhance Ventures launches $30M Builders Fund to aid the Future of finance and commerce for MENAPT

Enhance Ventures launches $30M Builders Fund to aid the Future of finance and commerce for MENAPT

Enhance Ventures has launched its $30M Builders Fund, which will invest in the company’s next set of ventures for the future of finance and commerce in the Middle East. Through the fund, the company plans to create 5,000 high tech jobs, produce 500 business leaders, train 50 capable founders, and be the institutional cofounder to at least 5 major exits in the region in the next 5-10 years.

Launched in 2016, Enhance focuses on building innovative digital businesses for the Middle East, North Africa, Pakistan and Turkey (MENAPT). The company is Saudi-first when it comes to launching and growing businesses, with a sizable team in Riyadh, while it has a special focus on the UAE and the rest of the GCC. It also has a technology centre in Istanbul, and satellite offices in Cairo, Amman and Beirut.