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MENA VC survives on bigger bets
Regional startup funding fell 22% y-o-y in 1H
Beco Capital launches USD 120 mn early-stage fund and USD 250 mn growth fund for Gulf startups
The raise includes the USD 120 mn Beco Fund IV, the firm’s fourth early-stage vehicle, and a USD 250 mn…
BlueFive targets USD 1 bn Asia fund launch in 4Q 2025
The fund will invest in Indonesia’s aviation and mining sectors alongside Chinese ports and airports
Azizi Group launches energy arm, with focus on Afghanistan
The new subsidiary will focus on emerging markets, with Afghanistan as a start.
Edge, Italy’s Leonardo to build tech center in Abu Dhabi
Plus: New proton therapy center
Promax United launches joint digital investment platform and stablecoin with Palm Global
The initiative is backed by over USD 1.5 tn in AA-and-AAA-rated real-world assets
UAE-backed Alterra pours USD 100 mn in Indian renewable energy firm Evren
This marks Alterra's first investment in the Global South
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