du Ventures Fund I | 2018 VC Fund

du Ventures

Status

ACTIVE

Global HQ

Dubai, United Arab Emirates

Countries of investment

United Arab Emirates
Saudi Arabia
Egypt
Jordan
Bahrain
Qatar
Kuwait
Oman
India

Investment stages

Seed
Series A
Series B

Industries

Telecommunications
ICT
Digital Infrastructure
FinTech
AI
Emerging Technology
Smart Cities
IoT

About
du Ventures is a Dubai-based corporate VC focused on MENA region technology startups. Their focus spans telecommunications, ICT, digital infrastructure, FinTech, AI, and emerging technology across the United Arab Emirates, Saudi Arabia, Egypt, Jordan, Bahrain, Qatar, Kuwait, Oman, and India. The firm supports founders from Seed through Series B.

Min check size: $500K
Max check size: $2.5M
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Investment Thesis

du Ventures is an early-stage corporate venture capital firm deploying capital across telecommunications, ICT, digital infrastructure, FinTech, AI, and emerging technology sectors with a focus on the MENA region. They invest in technology startups aligned with parent company du (EITC)'s strategic priorities across the UAE and broader MENA innovation ecosystem. The firm differentiates itself through its parent company du (Emirates Integrated Telecommunications Company)'s leading UAE telecommunications position, sovereign-aligned positioning, and strategic distribution access to UAE business and consumer markets.

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Manager's Experience

Fahad Al Hassawi (CEO of du) leads Emirates Integrated Telecommunications Company (du), one of the United Arab Emirates' two licensed telecommunications operators serving 8+ million subscribers across mobile, fixed-line, broadband, and television services. He brings extensive telecommunications operating leadership with strategic responsibility for du Ventures' corporate venture capital activities. The investment team operates under du parent company leadership with strategic priorities aligned to UAE digital infrastructure, smart cities, FinTech, and emerging technology adoption across the MENA region.