Dubai Venture Capital Firms

Dubai advisory and capital firm Tahseen Consulting and a consortium has acquired stake in OlaClick, a Peru-based for $2 million.

OlaClick is established in 2020 and is a web-based digital menu solution that helps businesses receive online orders through WhatsApp. (Established in 2012 Tahseen Consulting is a specialized advisor on strategic and organizational issues at the intersection of technology, government, and public policy. Walid Aradi and Wes Schwalje are the co-founders)

Tahseen Consulting is listed in the Middle East Investors Directory with the code JM13.

Dubai venture capital firm Global Millennial Capital has acquired stake in Blue Studios, a US-based ed-tech venture. The amount is not disclosed but Millennial Capital had raised $3 million for its fund before.

Blue Studios Inc established in 2019 is a subscription-based digital education platform with a business model that falls at the intersection of e-commerce and ed-tech, providing on demand classes online.

(Established in 2016, and backed by Al Attiyah family office, Global Millennial Capital invests in scalable, tech enabled and consumer-centric early-stage opportunities all over the world. It is headed by Andreea Danila Dash.)

Global Millennial Capital is listed in the Middle East Investors Directory with the code JB43.

Dubai venture capital fund Sahra Growth Capital and a consortium has acquired stake in Qredo, a London-based decentralized digital asset management firm, for $11 million.

Established in 2011 and headquartered in London with development offices in Sofia, Bulgaria, Qredo is a cross-chain protocol for asset managers and traders active in the digital asset markets. (Sahra Growth Capital is a Dubai-based venture fund investing in frontier technology companies with a specialization in SaaS technologies. Jamal Al-Barrack is their Managing Partner.)

Sahra Growth Capital is listed in the Middle East Investors Directory with the code CJ8.

Dubai venture capital firm Global Millennial Capital has acquired stake in Unifimoney, a mobile-based investment and money management platform. The amount is not disclosed but Millennial Capital had raised $3 million for its fund before.

Established in 2019 and based in San Francisco, Unifimoney provides a digital mobile account with a checking account, credit card and investing package.

(Established in 2016, and backed by Al Attiyah family office, Global Millennial Capital invests in scalable, tech enabled and consumer-centric early-stage opportunities all over the world. It is headed by Andreea Danila Dash.)

Global Millennial Capital is listed in the Middle East Investors Directory with the code JB43.

Dubai venture capital firm Mindshift Capital has participated in Series C fundraising of OtoNexus Medical Technologies, a US-based medical device maker. The amount is not disclosed but the firm total fundraising is now $13 million.

OtoNexus Medical is headquartered near Seattle and is a technology innovator developing an ultrasound based medical device to allow clinicians to instantly assess middle ear infections. (Mindshift Capital is based in Dubai and is focused on post-seed early-stage companies in the U.S., Europe and Middle East. It is led by Heather Henyon a venture investor with different direct and fund investments in the US, Europe and Middle East.)

Mindshift Capital is listed in the Middle East Investors Directory with the code BR15.

Amanat, Dubai-based healthcare and education investment company, invests $5 million in Conscious Content Media (BEGiN), a US-based education technology company.

Amanat was established in 2014 at Dubai. Listed on the Dubai Financial Market since 2014, Amanat has a mandate to establish, acquire and incorporate companies working in the healthcare and education sectors within the GCC and beyond. (BEGiN is a US based company founded in 2018. Conscious Content Media is a family of filmmakers and artists and an education technology company that creates learning products to bring children the highest quality education).

Amanat is listed in the Middle East Investors Directory with the code JA12.

Dubai venture capital firm Wamda Capital and a consortium are investing $5 million in Tarfin, an agriculture fintech startup based in Turkey.

Tarfin, an online supplier of farm input founded in February 2017 with total funding amount of $6.3 million. Tarfin as a fintech startup supplies farmers with equipment, fertilisers and seeds using its cloud based technology and algorithms. The company is funded by 6 investors and Wamda Capital and Elevator Ventures are the most recent ones.

Wamda Capital founded in 2014 and till now has made 67 investments. Wamda Capital invests in technology companies and startups across the world and currently manages a $75 million growth capital fund.

Wamda Capital is listed in the Middle East Investors Directory with the code OS32.

Dubai investors of TS Investment and a consortium of investors have acquired stake in Amyloid Solution, a South Korean firm for $ million.

Based in South Korea, Amyloid Solution is a developer of therapy intended to overcome Alzheimer by developing modifying treatments. Other investors in this round include Korea Development Bank, Yuhan Corporation and Kclavis. TS Investment is a Dubai investment firm based in Jumeirah Lake Towers, with investments in construction, trading, real estate & F&B. (more details at this translated news from Korea)

To see a list and email addresses of investment firms similar to TS Investment check the Middle East Investors Directory.