Strategic Partnership Between Dubai Angel Investors and MEVP to Fuel Growth of Regional Startup
The partnership also includes the continuation of the “DAI Pitch Nights” event, which offers a unique platform for entrepreneurs to showcase their projects to a group of investors.
As part of the agreement, MEVP will dedicate a specialized team to manage the portfolio and appoint one of its partners to DAI‘s board of directors. This setup allows MEVP to leverage its venture capital expertise to boost returns and drive investment growth.
About Dubai Angel Investors and MEVP
Dubai Angel Investors is an investment network that brings together over 100 specialized investors, with investments ranging from $50,000 to $250,000, focusing on supporting tech startups.
MEVP, on the other hand, manages four regional investment funds focused on technology, with assets worth $300 million and co-investments valued at $1.6 billion. The company has a team of 21 investment specialists and has strategically invested in over 70 companies across the Middle East, Sub-Saharan Africa, Pakistan, and Turkey.
This partnership represents a robust step towards strengthening the entrepreneurial ecosystem in the region and expanding investment in promising startups.
