Nama Ventures launches $27 million fund to invest in Mena startups
Nama Ventures launches $27 million fund to invest in Mena startups The nearly $27 million fund will be raised from high-net-worth-individuals, family offices, and institutional investors and will support pre-seed and seed-stage start-ups in the Middle East and North Africa, with a focus on those in Saudi Arabia Nama Ventures, a Saudi Arabia-focused venture capital firm, is set to raise SAR100 million ($26.7 million) to beef up its investment fund, as the pandemic has created a spike in tech start-ups in the country. The fund will be raised from a host of high net worth individuals (HNIs), fam...
Source: wamda.com