Capria Ventures, a Seattle-based global investment fund-of-funds, has invested in the second fund of Global Ventures, a UAE-based venture capital firm.
Led by Noor Sweid and Basil Moftah, Global Ventures is a UAE-based venture capital firm whichj invests in the regional venture, and innovation ecosystem with growth opportunities in the digital health, FinTech, EdTech and AgriTech sectors. Global Ventures’ portfolio companies include Arrow Labs, Buseet, Elmenus, Flora Now, Helium Health, Holiday Me, Kitopi, Lean, Mamo Pay, Mumzworld, Much:on, Ogram, Paymob, Spider Silk, Tabby, Tribal and Zension.
Capria has over US$100m in assets under management invested directly in India via Unitus Ventures, and in other markets via partners of the Capria Fund which takes anchor GP and LP positions. The firm is backed by international investors, including Vulcan Capital, the Ford Foundation, Bill Gates, the World Bank’s International Finance Corporation, Unitus Labs, and other impact investors. Its network of investing partners collectively manage over US$400 million in assets, deployed in early stage / growth companies in Latin America, Africa, and Asia.
Capria has offices in Seattle, Paris, Bangalore, and Nairobi.
FinSMEs
14/12/2020