First half of year start-up funding in Middle East surges 

The number of start-up funding deals in the UAE surged in the first half of the year following Amazon’s high-profile acquisition of local online retailer and a US$150 million investment in the ride-hailing service Careem. The rise in the number of investments also comes amid intensifying efforts by governments in the region to help small […]

UK fund’s A$200M investment commitment validates Powerhouse university investment model

London Stock Exchange-listed IP Group’s decision to invest A$200 million over 10 years in commercialising scientific innovations from universities Down Under validates the business model of ASX-listed tech incubator Powerhouse Ventures, says its new chairman Russell Yardley. Powerhouse has a portfolio of 19 companies developing intellectual property spun out of New Zealand research institutions with […]