ADQ Holdings Launches $200 Million Fund for Startups

The Holding Company (ADQ) has launched a new $200 million fund to invest in start-ups, as the Emirate of Abu Dhabi deepens its presence in the technology sector.
According to a statement, more daring companies under the ADQ umbrella will focus on investing in digital assets, fintech and supply chains.
The new fund is looking to enter as a partner with the founders of companies, providing capital, from the pre-establishment stage to growth, through the stages of product design, regulatory support and market access to build sustainable technology companies. (Bloomberg)