eWTP Arabia Capital Technology Fund I excels in VC performance

Web DeskMay 20, 2024 03:18 PMbusiness
  • Ranked 5th in US$250M to US$499M VC fund category for 2015-2020 IRR
  • Focus on Middle East and North Africa market yields successful investments
  • Acknowledged for fostering innovation and contributing to Saudi digital ecosystem
eWTP Arabia Capital Technology Fund I excels in VC performanceImage Credits: en_prnasisa
eWTP Arabia Capital's Technology Fund I, managed by a leading private equity firm, achieves top VC performance ranking in the US$250M to US$499M category. The fund's success is attributed to its strategic focus on the Middle East and North Africa market, particularly in Saudi Arabia, driving innovation and growth in the region.

eWTP Arabia Capital Technology Fund I, managed by eWTP Arabia Capital, a leading private equity firm in the Middle East, has achieved significant recognition for its outstanding performance. The fund has been ranked as the fifth top-performing VC fund in the US$250 Million to US$499 Million category based on net Internal Rate of Return (IRR) for vintages between 2015-2020, as per the Preqin League Tables.

The success of the fund underscores the commitment and expertise of the team at eWTP Arabia Capital, showcasing the strength of their investment strategy. Their focus on the growth potential of the Middle East and North Africa market, particularly in Saudi Arabia, has proven to be fruitful. eWTP Arabia Capital is dedicated to supporting entrepreneurs and delivering value to investors, thereby driving technological advancement in the region.

The firm's dedication to fostering innovation and contributing to the Saudi digital ecosystem has been acknowledged by Preqin, solidifying its position as a leader in the industry. This recognition highlights the firm's ability to identify promising market opportunities and generate returns for its investors.

Established in 2019, eWTP Arabia Capital has emerged as a key player bridging Asia and the Middle East. Their Technology Fund I has made significant investments in over 18 companies, with notable successes in Saudi Arabia, including J&T Express, Raha, Sahm, and COFE.

Founded in 2019, eWTP Arabia Capital is an investment firm based in Saudi Arabia and China, backed by regional and international investors. The firm plays a vital role in nurturing strong local digital ecosystems in the MENA region by partnering with leading international businesses and facilitating their entry into the region. With investments in over 18 companies, 13 of which have successfully established themselves in Saudi Arabia, eWTP Arabia Capital continues to drive innovation and growth in the region.

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