logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. 500 Global launches MENA-focused fund to foster tech startups

500 Global launches MENA-focused fund to foster tech startups

NOHA.GAD
Jan 23, 2025
500 Global launched a MENA-focused fund, 500 MENA, to foster high-growth tech startups

Dubai - Sharikat Mubasher: The leading global venture capital firm, 500 Global, launched a new fund dedicated to investing in high-growth technology startups across the Middle East and North Africa (MENA) region.

The 500 MENA fund will invest primarily in startups with proven product-market fit and significant growth potential, addressing the critical funding gap MENA founders face, particularly in the expansion stage, the company announced in a press release today.

The new fund aims to actively support these companies through their extended international network and comprehensive platform, empowering them to build and scale innovative solutions regionally and globally.

Amjad Ahmad, Managing Partner of 500 Global MENA, and Emerging Market Advisor, will lead the fund. He will be supported on the investment committee by Courtney Powell, Chief Operating Officer and Managing Partner at 500 Global.

Commenting on this milestone, Ahmed said: “We are thrilled to fuel the next wave of tech champions in the MENA region, driving innovation and economic growth as digital transformation accelerates across key economies. Our partnership with talented founders aims to empower them to innovate, build, and scale.”

The fund is backed by prominent Saudi institutional investors, including Jada Fund of Funds and Saudi Venture Capital (SVC).

500 Global has been pivotal in shaping MENA’s startup ecosystem since it began deploying capital in the region in 2012. With a strong focus on early-stage investments and a founder-centric approach, the company has a proven track record of success. 

Tags

MENA
Tech startup
Investments
500 MENA
Funding
Share

Attract clients with your ad

Start Now

Trending

Khazna secures consumer finance license through Pharos acquisition
MUBASHER
OIA leads international alliance to launch $500m investment fund
MUBASHER
Ghanem secures additional $1.5mn to expand fractional real estate ownership
Riyadh – Sharikat Mubasher: Ghanem, a Saudi digital real estate platform specializing in fractional ownership, announced it has raised an additional $1.5 million in a pre-seed extension, bringing its total funding to $8.6 million.As per a recent press release by the company, this extension attracted real estate companies and strategic angel investors, adding their collateral expertise to support the development of the fractional ownership platform in the Kingdom.The latest funding follows an initial $7.1 million round secured from Al-Romaih Group, a Saudi investment group with experience in real estate and financial services. Ghanem operates under the regulatory oversight of the Real Estate General Authority’s (REGA) Regulatory Sandbox.The company said it has completed several property transactions and maintained monthly rental income distributions to investors. Its first income-generating property offering resulted in digital fractional ownership deeds being issued to 580 investors.Ghanem plans to continue developing its product, diversifying its property investment opportunities and building partnerships to expand fractional real estate ownership in Saudi Arabia.
MINT by EGBANK startups attract $4mn in investments in 2025
MUBASHER
INVE secures $300K in pre-seed funding from Outliers Venture Capital
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Oct 22, 2026
Ziina obtains CBUAE licenses across payments, stored value, exchange
Read More
Private Equities News
Calendar Icon
Oct 22, 2026
HUMAIN, DataVolt sign deal with Nebius to advance NEOM’s Oxagon AI infrastructure
Read More
Private Equities News
Calendar Icon
Oct 21, 2026
Flat6Labs, Idealab.ai partner to bring 1.2 million business ideas to entrepreneurs
Read More
Private Equities News
Calendar Icon
Oct 21, 2026
QSTP, Microsoft partner to support Qatar startups with AI tools
Read More
Private Equities News
Calendar Icon
Oct 20, 2026
OIC approves Saudi proposal to establish Cybersecurity Ministers Council in Riyadh
Read More
Private Equities News
Calendar Icon
Oct 20, 2026
FII Institute postpones FII10 conference to 2027
Read More
Private Equities News
Calendar Icon
Oct 19, 2026
NearPay SoftPOS obtains Jaywan Contactless L2 approval
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher