Previous Post
Leading Iraqi Ecommerce Platform Orisdi Raises Six-Figure Bridge Round
Next Post
Open Banking Platform Tarabut Gateway Raises MENA’s Largest Fintech Seed Round of $13 Million

UK Venture Firm Hambro Perks Launches New $50 Million Fund to Invest in Early-Stage MENA Startups

The London-based firm will look to focus on fintech, healthtech and edtech with the Oryx Fund.

UK-based venture firm, Hambro Perks, has announced the launch of a new $50 million fund that will target early-stage startups in the MENA region. Based in the Abu Dhabi Global Market, the Oryx Fund will look to invest in fintech, healthtech and edtech, and arrives with investment  from Jada Fund of Funds, Saudi Venture Capital Company (SVC) and Riyadh Valley Company.

Hambro Perks isn’t a stranger to MENA, having set up bases in Riyadh as well as Abu Dhabi’s Hub71. The fund will be managed by co-founder and CEO of Hambro Perks, Dominic Perks (pictured right in main image), and managing director, Ali Qaiser, as well as Ivo Detelinov, the former Senior Portfolio Manager of the Riyadh Taqnia VC Fund. 

Already with existing investments in MENA startups, the Hambro Perks team believes that their experience in global investments and on-ground team puts the Oryx Fund in perfect position to back the continued waves of innovation coming out of the region.

“There is a wealth of talented entrepreneurs developing innovative businesses and we are excited about partnering with them to help them develop their ideas and scale their companies,” Dominic Perks said. “We are honoured to have received backing from renowned investors such as Jada Fund of Funds and SVC, and we share their belief in the potential for technology startups in the region.”

Founded in 2013 by Perks and his father, Rupert Perks (pictured left in main image), Hambro Perks boasts a portfolio of over 40 startups and companies. The Independent once described the firm as "an unlikely fusion of old and new City — clubby establishment networking alongside high-tech entrepreneurial energy."

Learn more about the Oryx Fund here.




Sign up for the daily Startup Digest.