MEVP Investor Conference explores MENA tech startups’ growth potential

capital, tech, inve, growth, region,
Gulf
  • Date: 25-Nov-2021
  • Source: GCC Business…
  • Sector: Technology
  • Country: Gulf
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MEVP Investor Conference explores MENA tech startups’ growth potential

Representational Image MEVP, a Middle East-focused venture capital firm that invests in innovative companies in the early and growth stages, has conducted its Annual Investor Conference in Dubai in order to explore opportunities and growth prospects in the Middle East and North Africa (MENA) tech ecosystem. The conference emphasized the need for dedicated capital for regional tech entrepreneurs to create and raise local champions, as well as continued support through specialized expertise, and operational backing to enable them to reach their next level of growth. Walid HannaFounder & CEOMEVP “MEVP has been the pioneer and leading force behind the region’s venture capital investment industry for 11 years, and we will continue to nurture the growth of the region’s tech-focused entrepreneurial space. Despite the market evolution, there remains a significant lag in the amount of local capital available for growth stage venture capital funding – especially at such an opportune time for the region. Globally, we are noticing increased interest from international tech companies and venture capital investors who are eyeing favorable fundamentals reinforced by an acceleration in digitization. This emphasizes our ambitions to continue being a key player and position the region’s startup ecosystem as one of the most attractive…

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