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

UAE-based venture capital firm BY Venture Partners has closed its third fund at $60 million, bringing its total assets under management (AUM) to more than $200 million. The fund is anchored by the Dubai Future District Fund (DFDF), with participation from MultiLane, Transmed Capital, Idriss Family Office and other institutional and private investors. Led by founding partners Ghaith Yafi, Abdallah Yafi, Rami Jisr and Sohrab Jahanbani, BY Venture Partners invests in early-stage technology startups

By Wamda

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