Arab Angel Fund is a venture capital company specializing in seed and series A investments with start-up companies that have the potential to make an international impact. It has a history of investing in industries such as healthcare, software as as service, financial technology, and direct-to-consumer enterprises. The partners of the company have also stated that they are interested in investing in companies that utilize technology, such as artificial intelligence and robotics.
The company focuses on investing in start-ups that commercial relevance to the MENA and the Gulf Cooperation Council (GCC) regions. It has had two funds: the Arab Angel Fund 1 (AAF 1) and the Arab Angel Fund 2 (also known as Yasi Ventures). The AAF 1 raised $25 million in 2017 and was comprised of funds from investors located in the United Arab Emirates, Saudi Arabia, Egypt, Turkey, and more. Companies in which the firm has invested in are Better View, Hello Heart, Landed, sense photonics, and Wonder.
Abdulla Al Suwaidi
H.E. Hisham Al Gurg
H.E. Saud Al Nowais
Founder and General Partner
Yazen Abu Gulal
Arab Angel Fund Closes $25 Million Fund To Help US Startups Enter And Grow In MENA Market
October 9, 2017