Dubai VC arm targets investments in 100 startups in five years

Dubai’s recently-launched venture capital arm, Oraseya Capital, intends to invest in over 100 start-ups within the next four to five years, a senior executive told AsianInvestor. The start-ups can be based in the United Arab Emirates or in other regions, including Asia. “Our primary focus is on the UAE, meaning we invest in startups that have a connection to the country—either through the founders being based here or by commercially serving the UAE’s economy. Startups in Asia ca…