New venture capital pot aims to invest in high-growth, globally-minded tech startups across all funding stages
A Step For Startup Ecosystem
Startup founders, time to break out those pitch decks – Dubai is launching a juicy $136 million VC fund! 💰
The Dubai Integrated Economic Zones Authority (DIEZ) announced the new money pot that will invest in startups from pre-seed to series B. Jackpot!
DIEZ is looking for high-growth tech startups aiming to go global. So if your company is poised to be the next big thing, get ready to tap that sweet, sweet Dubai dough. 📈
Drive Innovation and Progress
The chairman said the fund will boost Dubai’s rep as a hub for innovative firms worldwide. Not a bad place to scale your business with beaches, towers, AND piles of cash! 🏖️
It’s the first fund launched under DIEZ’s venture capital arm Oraseya Capital. They’ve already backed some hot startups like AI platform Writer, legal marketplace Lawhive, and workspace booker LetsWork.
Dubai’s Visionary Leap
So polish those decks and book your flights, founders! With this new infusion of capital, Dubai is rolling out the red carpet for bold startups looking to take over the world. 🚀
Whether you’re pre-seed or series B, this fund wants to shower you with the money and connections you need to grow.
So grab your passport and sunglasses – your startup’s Dubai adventure awaits! Time to make it rain, desert-style. 🌵💎
