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A new Abu-Dhabi-based venture capital company completed the first close of its $25 million debut fund.
Access Bridge Ventures’ fund is being backed by Mubadala Capital, Saudi Venture Capital Company (SVC) and a number of other investors, including several prominent family offices , the company said. It will invest in early stage businesses across the Middle East, North Africa and Pakistan, according to co-founder and managing partner Issa Aghabi.
“We’ve developed a spectacular network of stakeholders over the years – be it investors, entrepreneurs we’ve supported and helped [or] government and sovereign stakeholders we’ve worked with in the past,” Mr Aghabi told