Iliad Partners Tech Ventures Fund I received funding from Jada Fund of Funds
The Iliad Partners Tech Ventures Fund I venture capital initiative has received funding from Jada Fund of Funds Company. With an emphasis on Saudi Arabia, this fund is prepared to make strategic investments in early-stage technology companies throughout the MENA region.
Jada’s investment demonstrates the company’s strategic approach to high-potential investments through venture capital and private equity, as well as its dedication to assisting Small and Medium Enterprises (SMEs) in Saudi Arabia. The fund was started by the venture capital firm Iliad Partners and has Jada’s support. Its target fund size is USD 50 million.
It has been demonstrated that Iliad Partners is committed to promoting creativity and assisting B2B startups. The Fund will use localized solutions to digitize important industries like FinTech, Logistics, PropTech, and EdTech. It is led by partners Christos Mastoras, Georges Boueiz, and Dalal Al-Mutlaq.