Iliad Partners Launches $50M Fund to Invest in B2B Software Companies

UAE-based venture capital firm Iliad Partners has announced the launch and first close of its $50 million Iliad Partners Tech Ventures Fund I. 

The Iliad Fund will invest in early-stage B2B software startups driving digitisation and innovation in target verticals including fintech, logistics, and proptech at the Pre-Series A and Series A stages in MENA, with a primary focus on Saudi Arabia and the UAE. It will also allocate 10% of the fund to Europe, with a focus on Greece, to support startups expanding into MENA.

For the full press release, click here.