Global Ventures, a UAE-based venture capital firm, has partnered with Capria Ventures, a Seattle-based global investment fund-of-funds that is backed by family offices, institutional investors and foundations.
Capria is backed by international investors, including Vulcan Capital, the Ford Foundation, Bill Gates, the World Bank’s International Finance Corporation, Unitus Labs, and other leading impact investors.
Global Ventures backs global-minded founders who lead growth-stage companies and use technology to transform emerging markets. It has invested in 25 companies, operating across 15 markets, using capital from its two funds. The second fund is focused on technology companies addressing critical needs and demands in recently accelerated industries. Global Ventures is a leading provider of capital and value creation for start-ups in the Middle East and Africa (“MEA”).
Capria has approved its investment in Global Ventures’ second fund. This represents