COTU Ventures Launches $54 Million Fund to Back Startups
COTU Ventures is dedicated to supporting visionary founders from inception to post-product launch.
UAE-based early-stage VC firm COTU Ventures announces the launch of its first fund, securing $54 million to back startups across the Middle East from pre-seed to seed stages.[1]
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Having achieved its final close last year, COTU Ventures is dedicated to supporting founders from inception to post-product launch. The firm's investment strategy ranges from $500,000 to $2 million, with a provision for follow-on investments to nurture ventures.
COTU Ventures has been actively injecting capital into startups across the GCC, with a focus on key markets including the UAE, Saudi Arabia, Egypt, and Pakistan.
Founded in 2020 by Amir Farha, COTU Ventures has a portfolio comprising over 20 early-stage startups spanning diverse sectors.
Farha's journey in the venture capital landscape traces back to his tenure at BECO Capital, where he spearheaded investments in startups like Careem.
COTU Ventures' roster of limited partners includes entities such as Lunate, Mubadala, and the Dubai Future District Fund, alongside notable VCs and family offices.