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The firm, known for supporting founders from the initial stages of development to post-launch, actively invests in pre-seed and seed-stage startups across the Gulf Cooperation Council (GCC), with a focus on Saudi Arabia, Egypt, Pakistan, and the UAE. COTU Ventures boasts a portfolio of over 15 early-stage companies spanning various industries.
“We see immense potential for startups to address regional challenges through innovative tech solutions, particularly in high-margin sectors where technology can significantly impact efficiency,” said Amir Farha, Founder and General Partner at COTU Ventures.
While open to diverse sectors, COTU Ventures currently exhibits a particular interest in fintech and B2B software companies.
Some notable ventures in their portfolio include Huspy (UAE mortgage platform), MoneyHash (Egyptian fintech startup), Sirdab (Saudi Arabian on-demand storage), and Mayple (UAE delivery solution).
Prior to establishing COTU Ventures, Farha was instrumental in the success of Careem, a renowned Dubai-based ride-sharing platform, while serving as co-founder of BECO Capital, a UAE-based VC firm focused on early-stage investments in the MENA region. He departed BECO Capital to pursue his passion for early-stage ventures, leading to the creation of COTU Ventures.
COTU Ventures differentiates itself through its in-depth engagement with potential investments. This comprehensive approach allows the firm to build trust and establish strong connections with founders, gaining valuable insights to offer guidance on fundraising, startup development, and go-to-market strategies.
Additionally, COTU Ventures connects their backed startups with crucial stakeholders, including potential employees, customers, and future late-stage investors.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
A new company has been established to assist small and medium-sized enterprises (SMEs) in Zambia in securing long-term funding.
The KawiSafi Fund is set to receive a significant boost of $10 million from the African Development Bank Group (AfDB) to support climate-focused businesses in Africa.
The African Development Bank (AfDB) has announced a historic $11.1 billion in new investments for the 2024–2025 period, marking the highest annual commitment in its history.