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Jada to invest in Merak Capital 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). Merak Capital launched one of the first VC funds operating under the jurisdiction of the Capital Market Authority (CMA) in Saudi Arabia, focusing 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. Adel Al Ateeq, CEO of Jada, commented on the commitment: “Jada’s commitment to Merak Capital demonstrates our appetite for Emerging Managers, which is a testament to our core belief that emerging fund managers can propel Saudi’s venture capital sector forwards, once they have the right structures, strategy, governance and alignment ....
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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It looks like this was the result of either: A mistyped address A broken link on our site A broken link on a search engine results page A broken link on someone else s page Some things to try: Use the navigation menu at the top Most Read ....
Saudi company Qoyod, a cloud-based accounting software provider for small- and medium-sized businesses (SMB) in the Kingdom and the region, has announced an investment round of $2.1 million led by Merak Capital, and with the participation of other investors. Founded by Abdullah Aldayel in 2016, Qoyod enables thousands of businesses to manage their day-to-day accounting and finance operations, with access to powerful real-time reporting and analytics tools. Qoyod believes that it is well-positioned to be the one-stop financial solution for SMEs in the region. A few product roll-outs are in the pipeline, offering more comprehensive features that connect business owners to complementary financial products and services. ....