SC Ventures, the innovation and venture arm of Standard Chartered, based in Singapore, has partnered with the Dubai International Financial Centre (DIFC) Innovation Hub to establish the National Venture Studio in Dubai. This initiative is designed to foster innovation and support venture creation in the region as the UAE enhances its position as a global...
Dubai-based business advisory firm Terex Ventures successfully wrapped up its Official Demo Day Series at Zentral, World Trade Center (WTC), Dubai. The event attracted a global network of venture capitalists, angel investors, and family offices from the UAE, India, Europe, and beyond. This Demo Day focused on high-impact startups that are addressing real-world challenges in...
Animoca Brands, a venture capital and software company known for its investment in the popular game Axie Infinity, is set to launch funds specifically aimed at supporting start-ups in the United Arab Emirates (UAE). This initiative marks the company’s entry into the Middle East market, where it plans to establish its first regional office in...
Hub71, the tech ecosystem based in Abu Dhabi, announced on Thursday that startups within its network secured a record $2.17 billion (Dh8.02 billion) in funding during 2024. This amount marks a significant 44.7% increase compared to the $1.5 billion raised in 2023. Additionally, the revenue generated by these startups rose to $1.2 billion, up from...
Family offices in the GCC are evolving significantly, transitioning from their traditional roles of wealth management to actively engaging in high-growth investment strategies. According to a new report by LOGIC Consulting titled “Beyond Wealth: How Family Offices Are Shaping the Future of Investment,” 78 percent of family offices worldwide plan to invest in digital assets...
Venture capital investment in the Middle East and North Africa experienced a significant surge in the first quarter of 2025, with startups raising a total of $678 million, marking the strongest quarter since the end of 2023. This growth was attributed to recent interest rate cuts that improved investor sentiment, according to data from the...
The Innovative Startups and SMEs Fund (ISSF), recognized as the largest investment fund of its kind in Jordan, has announced a significant investment of USD 3 million in the Antler MENAP Fund LP. This early-stage venture capital fund, which amounts to USD 60 million, is focused on making pre-seed to Series A investments throughout the...
The technology sector in the United Arab Emirates saw a remarkable increase in funding during the first quarter of 2025, according to Tracxn’s Q1 2025 UAE Tech Funding Report. The total amount raised reached $872 million, which marks a substantial 194% rise from $297 million in the previous quarter. Furthermore, this figure represents an impressive...