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BY Venture Partners closes $60 million Fund III to back early-stage AI startups

UAE-based venture capital firm BY Venture Partners has closed its third fund at $60 million, anchored by the Dubai Future District Fund (DFDF), with participation from MultiLane, Transmed Capital, the Idriss Family Office and other institutional and private investors. The close brings the firm's reported assets under management, including co-investment vehicles, to more than $200 million. Founded in 2015 by Ghaith Yafi, Abdallah Yafi, Rami Jisr and Sohrab Jahanbani, BY Venture Partners invests i

By Wamda

1 min read
BY Venture Partners closes $60 million Fund III to back early-stage AI startups
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