COTU Ventures launches $54M fund for pre-seed and seed startups in MENA
Dubai-based early-stage venture capital firm COTU Ventures is announcing that it has raised $54 million for its inaugural fund to support startups in the Middle East from pre-seed to seed stages.
With a final close achieved last year, COTU Ventures, which identifies and backs founders from the inception to post-product launch, invests between $500,000 to $1.5 million as an initial check.
Over the past two and a half years, COTU Ventures has actively deployed capital into startups across the GCC, focusing primarily on…