We’ve just made our 47th investment which is also the 4th investment of our AVC Fund III.   It only makes sense that this issue will be all about HulexoA, the award-winning ERP solution based in Abu Dhabi, currently eyeing Kuwait and Saudi.   Welcome to the...

Is it a surprise that, for the third half-year in a row, Saudi attracted the most of the capital deployed in the MENA region? Nope.   The big surprise though? Funding for Saudi fintechs grew by 360% (vs. H1’23) and it remains the most transacted sector.  ...

I can hardly believe that our AVC II is done investing. Its investment period was over in Q3 of last year.   AVC II is a body of over 2,300 screened decks, almost 1,200 first calls and over 170 deal briefs. All spread across 5 years. Considering that our focus...

Turns out my last month’s newsletter was a good prelude to Swvl's news of their $3.1m net profit in 2023 from few days ago.   Today I want to talk about the future, why the future is a verb and why Japanese have a word for companies older than 100 years. I'll...

Are you following up on the latest tech stock resurrection on the block?   It’s been exactly 7 years since the company was established and 2 years since its debut on Nasdaq, which was followed by a valuation drop from the initial $1.5 billion to $16 million in...

I’m not sure how many of you know the story of Pentugram, the startup I had co-founded along with Miled Elias. Pentugram got acquired by KSA’s RasMal and we announced the transaction last week at LEAP.   Here’s the story of my latest personal exit.    ...