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Jada makes commitment to Merak Capital to support early stage tech startups in Saudi Arabia

Jada makes commitment to Merak Capital to support early stage tech startups in Saudi Arabia January 13, 2021 Adel Al Ateeq, CEO of Jada, and Merak Capital CEO Abdullah Altamami, during the agreement that will focus on the growth and scaling of small to medium enterprises (SMEs) and startups operating in the fields of the digital economy and infrastructure, financial technologies (FinTech) and emerging fourth industrial revolution (4IR) technologies. RIYADH Jada Fund of Funds Wednesday made an official commitment to Merak Technology Ventures Fund, which focuses on early-stage technology companies in the Kingdom, and is managed by Merak Capital, a blind pool venture capital (VC).

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