anb capital and London-based Lexham Partners have announced the launch of a $200 million Growth Fund dedicated exclusively to the MENA region, with a strategic focus on the Kingdom of Saudi Arabia. The fund will back category-defining technology companies at the growth and pre-IPO stages.
By the Numbers
The new fund is a significant vehicle for late-stage venture capital in the region:
- $200 Million: The total size of the new Growth Fund.
- Investment Stage: The fund will focus on growth and pre-IPO stage technology companies.
- Investment Strategy: It will deploy capital through a combination of secondary transactions and growth equity investments.
A Golden Era for Growth Investing in MENA
The fund will prioritize businesses with strong fundamentals, scalable platforms, and clear alignment with Saudi Arabia’s Vision 2030 digital transformation agenda. By mobilizing institutional capital at scale, the fund aims to expand access to growth financing, strengthen the region’s venture ecosystem, and accelerate the development of MENA capital markets.
“The MENA region is entering a golden era for growth investing,” said Dominic Perks, Managing Partner at Lexham Partners. “We see a powerful combination of entrepreneurial talent, capital inflows, and structural reforms creating exceptional opportunities to back the next generation of category-defining technology companies. This fund gives us the scale to partner with ambitious founders and help them build businesses that can achieve global significance”.
A Partnership of Regional and Global Expertise
Lexham Partners is a London-based venture capital and growth investment firm with deep expertise across AI, Deeptech, Healthtech, and Fintech. Its portfolio includes pioneering companies such as the graphene technology firm Paragraf and the self-driving software leader Oxa. This partnership with anb capital will connect regional investment opportunities with global expertise and capital.
Source: Zawya
