Sharikat Mubasher: Global VC firm Speedinvest announced the launch of its first flagship fund dedicated to investing in early and growth-stage startups across the Middle East and Africa, marking a formal expansion of its long-standing activity in the region.

As per a recent press release, the fund is backed by major institutional investors, including Mubadala Investment Company, Qatar Investment Authority, and European Investment Bank, alongside other partners. The move reflects a strategic extension of Speedinvest’s European platform, supported by dedicated capital, local teams, and regional partnerships aimed at helping startups scale globally.

The firm has recently strengthened its regional presence, including joining QIA’s Fund of Funds program, signaling deeper engagement with the GCC startup ecosystem. The new capital will target sectors such as fintech, embedded finance, AI, climate, and digital infrastructure, with a particular focus on enabling financial and digital inclusion in Africa.

Founded over 15 years ago, Speedinvest has already backed several high-growth startups across MEA, including Moove, Khazna, and Flow48. The new fund formalizes these efforts, positioning the firm to scale its investment activity and strengthen cross-regional innovation ties between Europe, the Middle East, and Africa.