Alpha Dhabi Commits USD2.5b to Alpha Wave Ventures II

Abu Dhabi-listed Alpha Dhabi Holding committed USD2.5b to Alpha Wave Ventures II, a venture fund launched by Chimera Capital and Alpha Wave. The vehicle will invest in high growth, tech-enabled and tech-driven companies across AI, fintech, life sciences, consumer internet and B2B globally. Read more… Read More

GPCA Quarterly Industry Data & Analysis

GPCA’s Industry Data & Analysis is available on a quarterly basis exclusively for GPCA members. GPCA members can log in to download the Q1 2022 Industry Data & Analysis Excel file. In addition, members can access the GPC Analytics platform to view and download GPCA’s complete fund- and… Read More

UAE’s Kitopi Raises USD300m Series C+

UAE-based cloud kitchen startup Kitopi raised a USD300m Series C extension, bringing total capital raised in the round to USD715m. SoftBank Vision Fund 2 led the company’s USD415m Series C in July 2021, with participation from Chimera, DisruptAD, B Riley, Dogus Group, Next Play Capital and Nordstar. Read More

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