Start-up Matching Fund
Ghadan Ventures (GV) is an AED 535Mn fund that seeks to support growth of Abu Dhabi’s start-up and VC ecosystem. The fund is offering a source of capital that will amplify the funding activity taking place in the Emirate through two initiatives:.
- The New Managers Fund
- The Start-up Matching Fund
Goals & Objectives
The Start-Up Matching Fund has been developed to invest in innovative seed and early-stage start-ups based in Abu Dhabi. The Fund is helping to create more sources of funding for early stage companies and stimulating Abu Dhabi’s VC ecosystem.
The Fund will match a start-up’s lead VC Investor’s terms and commitment amount. This means that for every AED 1 the lead VC commits, ADIO will invest an additional AED 1, up to AED 10Mn for seed rounds, and AED 50Mn for Series ‘A’, per round.
Start-ups interest in applying for funding should meet the following criteria:
- Seed Funding: typical ticket size between AED 5Mn and AED 10Mn
- Series ‘A’ Funding: ticket size up to AED 50Mn (larger sizes will be considered on a case by case basis).
- Start-up Location: wholly based in Abu Dhabi
To apply, please download the application form and email it once filled to email@example.com.