Industry Newsroom

Arzan VC Reaches USD20m First Close for Second Fund

Kuwait-based Arzan Venture Capital has announced a USD20m first close for its second fund targeting Middle Eastern and North African startups. Investors include Saudi Public Investment Fund’s Jada, an additional sovereign wealth fund, international wealth managers, and Arzan Financial Group. The fund has already invested in 13 startups since August 2019. Read more