We back great teams that are building innovative start-ups and support them to grow and scale their companies to become regional champions and global winners in their categories
We don’t just invest and wait in our armchairs for return. We guide, help, and lead as needed to ensure you grow and scale your business to its full potential.
Business has always been about people. Tap into the expertise of our team of specialists, advisors, and partners to get your big idea to evolve and flourish.
We think founder-first because we were founders first. We partner up with the brightest teams in the region to improve the lives of millions across MENA and beyond.
We build and invest in innovative start-ups that advance economies and improve lives. We believe in business models that address key needs, in large markets, with innovative technologies, and defensible network effects.
Our diverse team has first-hand experience in the day-to-day tactical and strategic ins and outs of building, growing, and scaling start-ups, from the seedlings of an idea all the way to exit.
Founder & Managing Director
Founder & Board Member
Chief Financial Officer
Investment Manager
Finance Manager
Senior Investment Manager
Financial Planning & Analysis Manager
PR & Communications Manager
The founder of iMENA and CEO of OpenSooq, Adey Salamin, has been awarded the King Abdullah II Ibn Al-Hussein Medal for Excellence in recognition of his great role in the field of entrepreneurship, technology and applications.
UAE-based car subscription platform Carasti has announced that it raised $2 million. The round was co-led by Rua Growth Fund and Net ventures. Carasti was founded in 2019 as an online platform offering a flexible 1-24 month car subscription service. It gained popularity very first as the platform was designed to let users seamlessly choose, upgrade, downgrade, or swap their car seamlessly through their app.
Creative Zone has collaborated with Abu Dhabi Department of Economic Development and twenty-three other governmental and private entities, including Telr, to establish a mSME enabling platform titled “Setup in Abu Dhabi”.
Lucidya announces its second round of funding of $6 million led by Rua Growth Fund with participation from M.A.L Ventures and AlRashed Group, and other international Venture Capitals. Existing Lucidya investors also participated in the round, including Venture Souq.
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We back ambitious founders with the focus and energy to drive their teams to build companies that improve people’s lives and shape the future of the region’s vibrant digital economy.
