š COTU Ventures Secures $54M Fund to Fuel MENA Startups from Pre-Seed to Seed Stages š°š
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#venture capital
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Dubai-based COTU Ventures has raised a stellar $54 million for its debut fund, aiming to propel early-stage startups in the Middle East through pre-seed to seed stages. š Discover how the firm actively supports fintech and B2B software, fostering innovation and growth in the region's dynamic tech ecosystem. š”š
COTU Ventures, based in Dubai, has successfully closed a $54 million fund dedicated to supporting early-stage startups in the Middle East. The venture capital firm, focusing on pre-seed to seed stages, has actively invested in over 20 startups across the GCC, particularly in the UAE and Saudi Arabia. With a penchant for fintech and B2B software, COTU Ventures aims to democratize financial services and drive competitiveness in the market. Founder Amir Farha emphasizes a founder-centric approach, fostering trust and providing comprehensive support beyond funding. Limited partners include prominent names like Lunate, Mubadala, and Dubai Future District Fund. šš°š
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