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(MENAFN - Khaleej Times) Dubai and Riyadh-based Nuwa Capital, a venture capital firm, has announced the first close of its flagship fund Nuwa Ventures Fund I (NVFI), having raised three-quarters of its $100 million target in less than a year since its launch. The fund primarily targets rapidly growing markets in Mena and neighbouring geographies, including Turkey, Pakistan, and Sub-Saharan Africa. Nuwa Capital was founded in February 2020 by Khaled Talhouni, Sarah Abu Risheh, and Stephanie Nour Prince in response to a lack of impactful operational and strategic support from investors. To this effect, the fund has launched the ‘Nuwa Network , a close-knit network of founders and operational experts, to help startups navigate challenges with scaling and expansion, among others. ....
Nuwa Capital concludes first close of its flagship fund [email protected] Filed on February 17, 2021 New fund seeks to bring founders and investors closer together after founding partners identified a gap in the region’s investment ecosystem that left many startups wanting for more Dubai and Riyadh-based Nuwa Capital, a venture capital firm, has announced the first close of its flagship fund Nuwa Ventures Fund I (NVFI), having raised three-quarters of its $100 million target in less than a year since its launch. The fund primarily targets rapidly growing markets in Mena and neighbouring geographies, including Turkey, Pakistan, and Sub-Saharan Africa. ....
Nuwa Capital aims to close $100m fund by end of year as it taps into Mena's tech boom thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.