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Jordan

+3

Propeller launches $50M Fund III to back AI infrastructure and AI-native software across US and MENA

Nov 26, 2025

•

2 min read

Propeller launches $50M Fund III to back AI infrastructure and AI-native software across US and MENA

Founded in 2017 by Zaid Farekh and Tambi Jalouqa, Propeller operates across Amman, Riyadh, Boston, and Silicon Valley, positioning itself as a bridge between MENA AI builders and US growth markets.

Jamie Lane
Jamie Lane

Startups

+3

Irish firm Quintas Capital invests $18 million in UAE e-commerce business Petal Group

Nov 11, 2025

•

2 min read

Irish firm Quintas Capital invests $18 million in UAE e-commerce business Petal Group

The deal marks Quintas Capital’s first managed equity investment as it eyes cross-border growth across the Irish–Middle Eastern corridor.

Jamie Lane
Jamie Lane

Startups

+3

Saudi VC firm SVC eyes $3 billion target by 2030 as over a dozen portfolio companies prepare IPOs

Nov 7, 2025

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2 min read

Saudi VC firm SVC eyes $3 billion target by 2030 as over a dozen portfolio companies prepare IPOs

SVC Chief Executive Nabeel Koshak revealed that more than 13 of the companies in its portfolio have begun preparations for an initial public offering on the sidelines of the Private Capital Forum in Riyadh.

Jamie Lane
Jamie Lane

Saudi Arabia

+2

SAB Invest partners with Stride Ventures to expand startup and private credit financing in Saudi Arabia

Oct 31, 2025

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2 min read

SAB Invest partners with Stride Ventures to expand startup and private credit financing in Saudi Arabia

The collaboration marks SAB Invest’s move into startup-focused investments and SME financing.

Jamie Lane
Jamie Lane

Saudi Arabia

+4

Key Capital’s London Trek and the Architecture of Gulf Capital Flows

Oct 22, 2025

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12 min read

Key Capital’s London Trek and the Architecture of Gulf Capital Flows

As global investors look to deploy into the Gulf, Key Capital’s London Trek has quietly become one of the region’s most effective bridges between mandate and deployment. Behind its small, curated format sits a deliberate architecture designed to convert interest into capital flow.

Jamie Lane
Jamie Lane

News

+2

Crescent Enterprises launches $68M investment programme to scale CE-Creates venture studio

Oct 21, 2025

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2 min read

Crescent Enterprises launches $68M investment programme to scale CE-Creates venture studio

The move comes alongside the appointment of Rakhil Fernando as Head of CE-Creates, signalling a more aggressive build-out of the platform.

Jamie Lane
Jamie Lane

News

+2

Investcorp closes $750M Golden Horizon Fund with CIC to target GCC-China growth

Oct 15, 2025

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2 min read

Investcorp closes $750M Golden Horizon Fund with CIC to target GCC-China growth

The fund will focus on sectors including consumer, healthcare, logistics, and business services. It targets established companies with scale and maturity, with a clear path to IPOs or strategic exits within three to five years.

Jamie Lane
Jamie Lane

Saudi Arabia

+1

Saudi Arabia’s Sukna Capital partners with PFG on $50M non-dilutive financing platform

Oct 3, 2025

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2 min read

Saudi Arabia’s Sukna Capital partners with PFG on $50M non-dilutive financing platform

The partnership will expand Sukna’s Sukna Fund for Direct Financing (SFDF), the Kingdom’s first open-ended direct lending vehicle.

Jamie Lane
Jamie Lane

News

+2

BECO Capital closes $370M across two funds to back Gulf founders from pre-seed to IPO

Sep 29, 2025

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2 min read

BECO Capital closes $370M across two funds to back Gulf founders from pre-seed to IPO

The raise includes $120 million for BECO Fund IV, the firm’s fourth early-stage vehicle, and a $250 million Growth Fund targeting companies from Series B to pre-IPO.

Jamie Lane
Jamie Lane

Startups

+2

MENA's top founders head to London as Key Capital builds cross-border investor bridge

Sep 29, 2025

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3 min read

MENA's top founders head to London as Key Capital builds cross-border investor bridge

The event builds on two earlier editions, which facilitated more than 200 meetings between 30+ global investors and 40 MENA startups in 2024.

Jamie Lane
Jamie Lane

News

+1

PayPal to deploy $100M in MENA and Africa through ventures, acquisitions, and tech rollouts

Sep 26, 2025

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2 min read

PayPal to deploy $100M in MENA and Africa through ventures, acquisitions, and tech rollouts

The announcement follows the launch of its first regional hub in Dubai earlier this year, set up to provide businesses with seamless payments, enhanced security, and access to global markets.

Jamie Lane
Jamie Lane

Startups

+4

Presight and Shorooq launch $100M global AI fund to accelerate innovation

Sep 23, 2025

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2 min read

Presight and Shorooq launch $100M global AI fund to accelerate innovation

The vehicle will target AI and analytics startups across multiple stages, with an investment focus spanning smart cities, energy, fintech, AI/ML, AR/VR, gaming, Industry 4.0, and deep tech.

Jamie Lane
Jamie Lane

Startups

+3

anb Capital and Lexham Partners launch $200M growth fund targeting MENA tech startups

Sep 8, 2025

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2 min read

anb Capital and Lexham Partners launch $200M growth fund targeting MENA tech startups

The vehicle will back firms at the growth and pre-IPO stage through a mix of equity and secondary transactions, prioritising businesses with scalable platforms and alignment to Saudi Vision 2030’s digital transformation agenda.

Jamie Lane
Jamie Lane

SWFs

+5

Qatar’s QIA backs Anthropic’s record $13B round at $183B valuation

Sep 3, 2025

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3 min read

Qatar’s QIA backs Anthropic’s record $13B round at $183B valuation

The raise, led by Iconiq Capital with co-leads Fidelity Management & Research Company and Lightspeed Venture Partners, nearly triples Anthropic’s valuation from just six months ago.

Jamie Lane
Jamie Lane

SWFs

+5

Mistral eyes $1B raise as Gulf ties deepen with Sanabil, Damac, and potential backing from Mubadala, MGX, and PIF

Aug 28, 2025

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3 min read

Mistral eyes $1B raise as Gulf ties deepen with Sanabil, Damac, and potential backing from Mubadala, MGX, and PIF

The startup’s current Gulf investors include Saudi Arabia’s Sanabil and UAE’s Damac, with reported talks underway with Mubadala, Abu Dhabi’s new AI investment vehicle MGX, and potentially Saudi Arabia’s Public Investment Fund (PIF).

Jamie Lane
Jamie Lane

Interview

+3

Inside the shifting landscape of debt financing in the Gulf

Aug 27, 2025

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10 min read

Inside the shifting landscape of debt financing in the Gulf

Armineh Baghoomian, Managing Director and EMEA Head at PFG, reflects on the $300M they’ve deployed across MENA, the region’s debt literacy evolution, why Tabby was an obvious bet, the typical ranges in the Gulf for spreads, fees, warrants, and covenants, the green (and red) flags they watch for when founders come knocking, and what excites her most about RNPL and B2B BNPL.

Jamie Lane
Jamie Lane

News

+2

VC React Podcast (Episode #48)

Aug 26, 2025

•

2 min read

VC React Podcast (Episode #48)

This week on VC React, we unpack Robinhood’s push into the GCC, ask whether global unicorns upend MENA’s copycat playbook or force founders to compete head-on, dissect Impact46’s gaming spree, probe Merak’s full-stack capital model, and debate whether Saudi developers should lead with local stories or go global first.

Jamie Lane
Jamie Lane

Gaming

+3

Impact46 invests $53M in Saudi gaming studio Kammelna

Aug 24, 2025

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2 min read

Impact46 invests $53M in Saudi gaming studio Kammelna

Kammelna has built a strong position in culturally rooted Saudi games, with Baloot and Jackaroo downloaded more than 6 million times and over 1 million monthly active users

Jamie Lane
Jamie Lane

Gaming

+4

Impact46 invests $6.6M+ across five gaming studios from its $40M fund

Aug 11, 2025

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2 min read

Impact46 invests $6.6M+ across five gaming studios from its $40M fund

The bets span mobile, PC, console, VR, and hybrid-casual development, with a focus on culturally localised content that can travel globally.

Jamie Lane
Jamie Lane

News

+3

Abu Dhabi’s MGX ramps up global AI bets with eyes on $25B fund

Aug 8, 2025

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4 min read

Abu Dhabi’s MGX ramps up global AI bets with eyes on $25B fund

The Abu Dhabi AI investment vehicle backed by Mubadala and G42 is also negotiating a $1 billion stake in French startup Mistral and looks set to join a planned $3–5 billion round for Anthropic at a $170 billion valuation.

Jamie Lane
Jamie Lane

Saudi Arabia

+2

Afaq Capital acquires full VC portfolio in region’s first secondary entry‐exit deal

Aug 4, 2025

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2 min read

Afaq Capital acquires full VC portfolio in region’s first secondary entry‐exit deal

The portfolio was originally assembled by Hassan Ikram during his time as co‐founder and CIO at Falak Investment Hub, investing across multiple sectors and backing startups through their growth stages

Jamie Lane
Jamie Lane

News

+2

Mubadala backs US AI firm Anaconda in $150M round

Aug 4, 2025

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2 min read

Mubadala backs US AI firm Anaconda in $150M round

Anaconda provides enterprises with a secure, enterprise‐grade distribution of Python bundled with pre‐installed packages and tools tailored for data science, machine learning, and AI development.

Jamie Lane
Jamie Lane

Jordan

+2

Endeavor Jordan Appoints Tamer Al-Salah as Managing Director

Aug 3, 2025

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2 min read

Endeavor Jordan Appoints Tamer Al-Salah as Managing Director

Al‐Salah returns to the organisation where he began his career in entrepreneurship support, later holding roles at the EBRD and serving as MD of Beyond Capital.

Jamie Lane
Jamie Lane

Analysis

+1

MENA’s new playbook for non‐dilutive funding

Aug 1, 2025

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4 min read

MENA’s new playbook for non‐dilutive funding

Murabaha mark‐ups instead of interest, revenue‐share buybacks instead of rigid instalments, and new structures like NICE and WAQFA that keep funding both founder‐friendly and Shariah‐compliant.

Jamie Lane
Jamie Lane

Analysis

+3

The rise and rise of venture debt across the Gulf

Jul 30, 2025

•

7 min read

The rise and rise of venture debt across the Gulf

What's behind the increase in new venture debt funds launching across the Gulf, promising “founder-first,” non-dilutive capital? Who are the players rewriting the playbook? And what does all of this mean for founders, investors, and LPs?

Jamie Lane
Jamie Lane
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