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Many more are leaving. Investors at Tiger Global, Paradigm, Lightspeed Venture Partners, Emergence Capital and Spark Capital have all announced plans to step back. Foundry Group, a venture firm in Boulder, Colorado, that has backed 200 companies since 2006, said in January that it would not raise another fund.
Big-name investors such as Reid Hoffman and Michael Moritz are pulling back, creating room for a new generation of tech power brokers.
UAE-based early-stage VC firm COTU Ventures launched a $54 million inaugural fund, which aims to support startups in the Middle East...
/PRNewswire/ -- COTU Ventures announced that it has raised $54 million to invest in extraordinary founders in MENA when they are at the earliest stages of...
COTU Ventures, a Dubai-based early-stage venture capital firm, has marked the final closing of its debut investment vehicle to back startups in the Middle East ......