Al Mada Ventures $110M Africa-focused VC fund launch
Al Mada Ventures raised $110M Venture capital fund launch led by Al Mada Holding Group on March 1, 2023.
- Primary
- Al Mada Ventures
- Counterparty
- Al Mada Holding Group
- Amount
- $110M
- Structure
- Venture capital fund launch
- Date
- March 1, 2023
- Sub-sector
- Insurtech
Africa-sourced capital addressing Series A/B funding gap and enabling corporate-startup collaboration in underserved sectors like insurtech.
Source: news.yahoo.com