Middle East Venture Partners raises $30 million to invest in startups

Middle East Venture Partners, a venture capital firm based in Dubai and Beirut, has announced the second close of its fund Middle East Venture Fund II (MEVF II) at more than $30 million.

The Fund is MEVP's fourth venture capital fund, increasing the firm's total Assets Under Management to $120 million. With offices in Beirut, Dubai and Silicon Valley, MEVP is one of the largest VC firm in this region, with cross border investment appetite. Since inception, Middle East Venture Partners has invested in 28 companies.

Middle East Venture Partners is listed in the Middle East Investors Directory with the code SINJA31.

More details follows