Deep Knowledge Group, pioneers of big data analytics system and dashboard solutions have published a report on the top 100 tech investors in the UAE of which 4.6% of their investments are in blockchain technology while 2.9% are in Artificial Intelligence and machine learning. The report makes several findings which include that 50% of the top 100 tech investors are venture capital entities with some of the well known blockchain investors including Crypto Oasis, Shurooq Partners, Seed Group, DisruptAD, Ghad Capital Parners, Mubadala and Ceras Ventures. More than 50% of the top Tech investors are based out of Dubai UAE with 29% of their investments going to the Middle East startups, 17% going to GCC based entities and 18% in Africa. 74% of the top 100 tech investors have invested less than $10 million per deal, while only 11% have invested over $50 million. In the last 12 months, Kube VC was the most active in terms of investments which totaled 48, followed closely by Maven

  While Qatar has not opened up to the crypto scene, its financial center is opening up to digital assets enabling them to tokenize asset classes to facilitate the needs of qualified investors with its digital assets framework. Henk Jan Hoogendoorn, Chief Financial Sector Officer, at Qatar Financial Center Authority speaking to Lara on the Block, stated, “ We are developing our digital assets framework to allow for public tokenization of assets, including securities, bonds, and real-estate.” He emphasizes that they will not go into crypto, NFTs (Non Fungible Tokens) or commodities at this time. Hoogendoorn had discussed digitization in the financial sector in Qatar as well as their digital assets project and the new Fintech strategy of QCB (Qatar Central Bank) during a fireside chat on Digitizing the Financial Sector in Qatar, moderated by Robert Wigley OStJ, BSc, Hon DBA. Furthermore, Aleksander Biesaga, Acting Project Manager, Roland Berger in a recent LinkedIn post noted,

In a recent survey entitled “MENA Investor Survey 2022-2023 for crypto Blockchain sector” carried out by laraontheblock with 83 MENA venture capitalists, fund managers, and family offices, 50% of those surveyed stated they will be allocating more funds to blockchain and crypto projects and entities in 2023. 19% of those surveyed stated in 2022 they had invested more than 50% of allocated capital and funds into crypto and Blockchain projects. The findings of the “MENA Investor Survey 2022-2023 for crypto Blockchain sector” sheds light on the different areas of interest for MENA investors which will give startups and entities a better view on whom and where capital will be heading by investors in the MENA region. This comes as cryptocurrency adoption has skyrocketed in the Middle East and North Africa (MENA) region. According to a survey by blockchain analytics platform Chainalysis, MENA countries have the fastest-growing cryptocurrency industry in the world, accounting for 9.2% o

    T r u e Gl o b al Ve n tu r es 4 P l u s (TG V 4 Pl u s) F u n d has closed i t s US$ 1 4 6m F o ll o w on F und . The Follow on Fund will double down on the TGV4 base fund investments, the likes of Animoca, Sandbox, Forge, Chromaway, CoinHouse, GCEX, and others. Interestingly 40 percent of the Follow on Fund was raised from partners in Middle East, India and Asia. Investment from Middle East partners was 3.4 percent of the 40 percent making their total participation 5 million USD. While portfolio companies such as GCEX, Enjinstarter and IoMob have established operations in Dubai UAE. TGV4 Plus has been partnering with MENA based investors including Cypher Capital and Crypto Oasis among others.      Valerie Hawley, Affiliate Founding Partner, Middle East True Global Ventures 4 Plus , told LaraOntheBlock, “More than 40% of the Follow on Fund has been raised from partners based in the Middle East, India and Asia, of those 3.4 percent were from Middle East Partners