Middle East Venture Capital Association (MEVCA) Welcomes e& capital to Its Community
The Middle East Venture Capital Association (MEVCA) proudly announced the addition of e& capital to its growing community of forward-thinking investors and innovation leaders. This move strengthens MEVCA’s mission to foster collaboration, investment, and technological advancement throughout the Middle East and North Africa (MENA) region and beyond.
e& capital serves as the corporate venture capital investment arm of e&, a company with a robust presence in the global telecommunications market. With operations spanning 20 countries and connecting 198 million subscribers, e& capital is uniquely positioned to accelerate high-potential startups by giving them access to an expansive, international ecosystem.
The investment focus of e& capital centers on supporting Series A and B stage companies with transformative visions across a range of sectors, including artificial intelligence (AI), fintech, ed-tech, enterprise SaaS, and more. Through tailored strategic investments and close partnerships with visionary founders, e& capital aims to drive substantial impact and sustainable scale.
By integrating its portfolio companies with the broader e& group, e& capital ignites new opportunities for startups to leverage global networks, innovative technology, and market experience. This collaboration not only amplifies regional growth but also bridges opportunities with markets worldwide.
In the announcement, Harrison Lung, Group Chief Strategy Officer of e&, stated:
“Joining MEVCA demonstrates our commitment to the MENA technology ecosystem. At e& capital, we view strategic investment capital not only as a means to fund growth but also as a way to strengthen collaboration with our operating companies and deliver long-term value for our shareholders.”
Team V.4-LKDN-UAE
