Dubai angel investors Arya Bolurfrushan and Paul Kenny just announced the launch of a new venture capital firm, Emerge Ventures, with three investments already made from their pipeline.
Paul Kenny is the ex-CEO of daily deal site Cobone which was sold for a reported $40 million to Tiger Management. Arya Bolurfrushan of Bolurfrushan family, a prominent industrial and mercantile family of Iranian origin, is a young Harvard-educated angel investor with a track record of 24 investments. (Emerge Ventures has already made its first three investments: The Impact Hub, an incubator, Lumba, a silicon valley based mobile gaming company, and Elevision, a digital media network.)
Emerge Ventures is listed in the Middle East Investors Directory with the code SINDE1.
More details follows