• About
  • Article PDF
  • White Papers
  • Listening Tours​
  • Contact
  • Support Us
  • Advertising & Sponsorships
Sunday, May 28, 2023
No Result
View All Result
  • Login
Times Of Entrepreneurship
Growth and Equity for a Changing World
Times Of Entrepreneurship
No Result
View All Result

Raed Ventures: A Foothold Into A Fast-Growing Digital Economy

by Elizabeth Macbride
August 31, 2020
in Finance
Reading Time: 1 min read
0
Share on FacebookShare on Twitter

Raed Ventures
Dammam, Saudi Arabia

Size: Currently raising a $150M fund, its second

What it is: Raed Ventures is an early-stage venture capital firm that backs founders building transformative companies in the Middle East/North Africa region. Since its establishment in 2016, Raed has invested in over 25 companies including Swvl, Mrsool, Noon Academy, Salla, Sary, and Trella, among others. Raed’s first fund was established as a corporate venture capital fund backed by Almajdouie Holding, a large Saudi conglomerate. Raed’s second fund was launched earlier this year, anchored by Jada Fund of Funds, Saudi Venture Capital Co., and Almajdouie Holding.

Minimum investment: $5 million for institutions, $1 million for individuals

Leadership: The firm is managed by Omar Almajdouie, Saed Nashef, and Talal Alasmari. Nashef is also co-founder of Sadara, the first venture capital fund targeting the Palestinian tech sector.

Investment style/track record: “This is an opportunity for investors to get exposure to one of the fastest-growing (emerging) digital economies in the world, while learning more about the region’s business and culture,” wrote Nashef by email.



This story and others on Times of E are made possible by a sponsorship from the Ewing Marion Kauffman Foundation. The Ewing Marion Kauffman Foundation is a private, nonpartisan foundation that provides access to opportunities that help people achieve financial stability, upward mobility, and economic prosperity – regardless of race, gender, or geography. The Kansas City, Mo.-based foundation uses its grantmaking, research, programs, and initiatives to support the start and growth of new businesses, a more prepared workforce, and stronger communities. For more information, visit www.kauffman.org and connect with www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn.

Elizabeth Macbride

Elizabeth Macbride

A business journalist for 20 years, am the founder of Times of Entrepreneurship and the co-author of The New Builders.

Related Posts

Venture Capital Spotlight: Zane Venture Fund in Atlanta Focuses on Diverse Founders in Southeast U.S.

Venture Capital Spotlight: Zane Venture Fund in Atlanta Focuses on Diverse Founders in Southeast U.S.

by Ellen Chang
May 4, 2023
0

Shila Burney is the founder of Zane Access and the founding and managing partner of Zane Venture Fund. Shila Burney...

Venture Spotlight:  VEST Her Ventures In Oklahoma Focuses on Future of Work, Care Economy

Venture Spotlight: VEST Her Ventures In Oklahoma Focuses on Future of Work, Care Economy

by Ellen Chang
March 30, 2023
0

Erika Lucas is the founder of StitchCrew and VEST Her Ventures in Oklahoma City, Oklahoma. Photo: courtesy of VEST After spending several years...

Silicon Valley Bank And The Tyranny Of The Commons

Silicon Valley Bank And The Tyranny Of The Commons

by Seth Levine
March 29, 2023
0

opened zipper and dollar bill with binary code This post originally appeared on VC Adventure, Seth Levine's blog. Like many...

Black man in a suit

VC Spotlight: Living Cities Raising $100M Fund of Funds To Help Close Wealth Gap

by Elizabeth Macbride
March 17, 2023
0

Joe Scantlebury, CEO of Living Cities If capital runs the world, then people of color need to have a bigger...

Venture Spotlight: Cake Ventures Invests in Demographic Change

Venture Spotlight: Cake Ventures Invests in Demographic Change

by Ellen Chang
March 2, 2023
0

Monique Woodard is the founder of Cake Ventures. Photo: Brendan Mainini Founded in 2021, Cake Ventures invests in areas where...

Venture Spotlight: Realist Ventures In Connecticut Focuses on Biotech, Healthcare

Venture Spotlight: Realist Ventures In Connecticut Focuses on Biotech, Healthcare

by Ellen Chang
January 26, 2023
0

Marie Rocha is the founder and general partner of Realist Ventures. Photo: Tiffany Hagler-Geard After spending over 20 years working...

Subscribe to Times of E’s Free Weekly Newsletter

Learn about the emerging ecosystem of diverse founders

Popular

  • Trailblazer: How Cotopaxi’s Founder Built a Cult Following and a $160M Salt Lake City-Based Company

    Trailblazer: How Cotopaxi’s Founder Built a Cult Following and a $160M Salt Lake City-Based Company

    0 shares
    Share 0 Tweet 0
  • Top 20 U.S. University Entrepreneurship Competitions

    0 shares
    Share 0 Tweet 0
  • Newsletter: Cotopaxi’s $160M Business Model; Atlanta VC Dollars; AI-Enabled Russian Propaganda

    0 shares
    Share 0 Tweet 0
  • Venture Capital Spotlight: Zane Venture Fund in Atlanta Focuses on Diverse Founders in Southeast U.S.

    0 shares
    Share 0 Tweet 0
  • Venture Capital Returns Are More Skewed Than People Realize

    0 shares
    Share 0 Tweet 0

Recent

Newsletter: Cotopaxi’s $160M Business Model; Atlanta VC Dollars; AI-Enabled Russian Propaganda

May 22, 2023
Editor’s Note:  One Guiding Principle for Bank Regulators

Editor’s Note: L’argent a une odeur

May 22, 2023
Trailblazer: How Cotopaxi’s Founder Built a Cult Following and a $160M Salt Lake City-Based Company

Trailblazer: How Cotopaxi’s Founder Built a Cult Following and a $160M Salt Lake City-Based Company

May 12, 2023

Recommended

  • Health
  • Climate
  • Deep Tech
  • Finance
  • Education
  • Women Entrepreneurs
  • Mentorship
A Few Days

A Few Days

3 years ago
Otsimo's founder Zafer Elcik

How A Turkish Startup Focused On Autism Education Reached A Global Market

3 years ago
  • About
  • Partner
  • Bespoke Research
  • Listening Tours​
  • Contact
  • Support Us
  • Privacy Policy

(703-966-7357)

© 2020 Mondial Publishing Inc. All Rights Reserved.

 
Facebook Twitter Linkedin
No Result
View All Result
  • Research
  • Finance
  • Women Entrepreneurs
  • New Builders
  • Ecosystem
  • Events
  • Newsletter
  • Editor’s Note

© 2022 Mondial Publishing Inc. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Support Times of E

Times of E covers the emerging ecosystem of diverse founders.

With your support of our journalism, you will receive our weekly newsletter and one of these resources for free: 

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?