Middle East / North Africa

The sixth annual Rising Stars celebrates the achievements of people under the age of 40 in the venture capital industry. The deadline for nominations is November 15.

Venture funds raised a little less than $83bn in the first three quarters of this year, down from more than $95bn in the same period in 2023, according to exclusive research by Venture Capital Journal.

Investing in technologies that help Morocco's infrastructure operate more efficiently is among the opportunities that the firm sees in North Africa.

Wiz’s success could incentivize more cybersecurity start-ups to focus on addressing AI risks, which could help reduce companies’ trepidation about fully integrating AI into their workflows.

Better understanding the costs to integrate cybersecurity solutions into clients’ operations will enable VCs to improve the chances of portfolio companies capturing more market share, says Justin Somaini, YL Ventures' newest partner.

LPs from Fund I and II that have already committed to Fund III include the International Finance Corporation, German development bank DEG and the European Bank for Reconstruction and Development.

Investors in Fund II include the Grantham Foundation for the Protection of the Environment, the Dunn Family Charitable Foundation, Carbon Equity, Builders Vision and New Summit Investments.

LPs in Accel London VIII include the Delaware Public Employees' Retirement System, which committed $25 million.

Jada Fund of Funds, a subsidiary of Saudi Arabia's Public Investment Fund, is investing $266m in the latest venture debt fund from Partners for Growth.