Venture capital: MEVP readjusts fourth fund
The Dubai-based fund focused on the MENA region and led by a former VP of Abraaj appears to be scaling back.
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▪ Venture capital: MEVP readjusts fourth fund
▪ The Dubai-based fund focused on the MENA region and led by a former VP of Abraaj appears to be scaling back.
▪ https://www.africabusinessplus.com/en/812928/venture-capital-mevp-readjusts-fourth-fund/
According to the European Investment Bank (EIB), the target for Middle East Venture Fund IV has changed significantly in recent months. It has now been announced at $96 million, almost a quarter less than the original $125 million target.
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