Economy
UAE’s Enhance Ventures launches $30m Builders Fund targeting Middle East startups
Follow-ups -eshrag News:
Thu, 2022-07-28 17:12
RIYADH: UAE-based venture studio Enhance Ventures has launched a $30 million Builders Fund that will be focused on Middle Eastern startups.
With the new fund, the company aims to create 5,000 high-tech jobs, 500 business leaders, 50 capable founders, and be co-founder of at least five major exits in the region within the next ten years, Wamda reported.
Founded in 2016, Enhance Ventures is a studio firm targeting the Middle East, North Africa, Pakistan and Turkey region and focusing on finance and commerce ventures.
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