Products
Data Sets
Integrations
Services
FUNDRAISING NEWS | December 11, 2024
Tags: Private Equity, Venture Capital, Fundraising
Iliad Partners has raised $50M at the first close of its newly launched Iliad Partners Tech Ventures Fund I.
The fund will target early-stage business-to-business software startups in the Middle East and North Africa (MENA) region, particularly in Saudi Arabia and the UAE. It also earmarked 10% of its total capital to Europe, particularly Greece, to support startups looking to expand in MENA.
The UAE-based venture capital firm’s latest fund attracted capital from investors including Saudi Arabia's sovereign wealth Public Investment Fund's subsidiary Jada Fund of Funds, the Olayan Family, Masarrah Investment Co., MLM Investments, the Constantakopoulos Family of Greece and other major family groups and family offices in the Gulf Cooperation Council and Europe.
Written By: Dakota
VC Shift4Good Closes First Fund Above Target at €220M
January 27, 2025
Gaming and Digital Entertainment VC Transcend to Launch Third Seed Fund
January 21, 2025
Apollo-backed New Catalyst Plans Sale of A Shares in Debut Fund
January 21, 2025
VCFA Raises $122.5M for Venture Secondaries Fund VII, Makes Two Promotions
January 16, 2025
Seed-stage VC Root Ventures Targets $250M for Fourth Fund
January 14, 2025
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2025 | Terms of Use | Privacy Policy
