SpeedInvest launches new fund aimed at Africa, Middle East growth-stage ventures

Speedinvest, a globally active European venture capital firm, has announced its first flagship fund investing in early growth-stage companies across the Middle East and Africa. 

With more than EUR1.2 billion (US$1.4 billion) in AuM and offices across EMEA, SpeedInvest backs founders from pre–seed to growth with long-term conviction, providing day-one access to its global network of corporate customers, experts, industry leaders, and top-tier follow-on investors to scale smarter and faster. 

Its new fund for early growth-stage companies across the Middle East and Africa is backed by Qatar Investment Authority (QIA), Mubadala Investment Company, the European Investment Bank (EIB Global), and more. It formalises Speedinvest’s long-standing investment activity in the region and reflects a strategic extension of its European platform. 

This is supported by dedicated capital, local teams, and long-term partnerships designed to benefit both European and MEA-based startups as they scale globally.

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“We are thrilled to welcome QIA, Mubadala, and EIB as investors supporting our Middle East and Africa strategy,” said Oliver Holle, CEO and managing partner of Speedinvest. 

“This demonstrates their belief in the region’s potential and Speedinvest’s ability to identify and support exceptional founders. We’re committed for the long haul, deploying patient, sector-focused capital to back visionary entrepreneurs across the Middle East and Africa, while bringing the added benefit of access to our broader global network and European portfolio to help founders build enduring global companies. At a time of increasing global fragmentation, building strong, diversified bridges between Europe and other strategic regions is becoming ever more important, for our founders, companies, and the broader innovation ecosystems on both sides.”

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