Tue, 21-Oct-2025

Venture Souq launches $50 million fintech fund

fitness fund

RIYADH: Venture Souq, the venture capital firm, has launched the first sector-specific fund focused on fintech in the Middle East, North Africa, Afghanistan and Pakistan region, Asharq Business reported. The Middle East and North Africa Fintech Fund I is a $50 million fund that invests in fintech and software as a service startups. It focuses on sub-sectors … Read more

PepsiCo launches MENA edition of $300K startup accelerator

PepsiCo

DUBAI: Global food and beverage giant PepsiCo is calling Middle East and North Africa-based entrepreneurs to join its sustainability-focused accelerator programme, Arab News reported. The programme, which was first launched in 2017, will deploy up to 1.1 million dirhams ($300,000) to startups who will meet the criteria, Eugene Willemsen, chief executive officer of PepsiCo Africa, Middle East, … Read more