Dubai’s COTU Ventures launches $54M fund for MENA-based startups

Dubai-based venture capital firm COTU Ventures has launched its first $54 million fund to invest in early-stage startups in Middle East and North Africa (MENA).The firm said that while its fund is “sector-agnostic”, it hopes to invest in startups that are in pre-seed or seed stages and is looking to invest between $500,000 to $1.5 million.