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Dubai Angel Investors - DAI
https://www.dubaiangelinvestors.me/Last activity: 23.06.2020
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DAI invests in seed and early-stage technology companies with high growth potential. We are a fully-capitalised member-managed investment company made up of more than 100 power angels. We are passionate about entrepreneurs and teams that can take their ideas from proof of concept to traction to scale to exit with drive, energy, laser-focused determination and ambition. Together, we leverage our collective experience as well as our extensive network of contacts to add value to our investees through our ability to open doors and to mentor them. As initial investment, DAI typically deploys between $100,000 to $250,000 in our portfolio companies but our members can, and frequently do, personally co-invest alongside DAI. Total investment amounts can therefore range from $100,000 to $3,000,000 in a first round. We always look for opportunities to co-invest alongside established venture funds with whom we have close relationships. We are happy to act as lead investor where appropriate or required. Integral to our strategy is to double-down on our star performing portfolio companies by participating in the Series A or bridge rounds. We have already undertaken 8 follow-on investments in existing portfolio companies including 4 at Series A. We are very sector agnostic. As long as you are engaging with your customers via proprietary technology and you have a capital-efficient vision to scale the business, we will consider investing in your company.
Location: Kuwait, Al Asimah, Kuwait City
Employees: 51-200
Founded date: 2016
Investors 1
| Date | Name | Website |
| - | Genero Cap... | genero.ae |
Mentions in press and media 6
| Date | Title | Description |
| 23.06.2020 | Egypt’s MoneyFellows lands $4m Series A deal | This article is brought to you as part of a new partnership between two of Africa's foremost news and information platforms for African tech startups, Techpoint Africa and Ventureburn Share this article: Egyptian fintech platform MoneyFello... |
| 22.06.2020 | Egypt’s MoneyFellows lands $4m Series-A deal | Egyptian fintech platform MoneyFellows has secured $4-million in a Series-A investment from venture capital (VC) firms Partech and Sawari Ventures, as it works towards helping millions of new users reach their financial goals. The announce... |
| 22.06.2020 | Egypt’s MoneyFellows lands $4m Series-A deal | Egyptian fintech platform MoneyFellows has secured $4-million in a Series-A investment from venture capital (VC) firms Partech and Sawari Ventures, as it works towards helping millions of new users reach their financial goals. The announcem... |
| 05.08.2019 | Egyptian fintech MoneyFellows has raised over $1m | MoneyFellows, a Cairo-based collaborative group lending and savings platform, has raised over $1-million in a pre-Series-A funding round. Tech publication Menabytes reported in an exclusive article yesterday (4 August) that 500 Startups, Du... |
| 05.08.2019 | Egyptian fintech MoneyFellows has raised over $1m | MoneyFellows, a Cairo-based collaborative group lending and savings platform, has raised over $1-million in a pre-Series-A funding round. Tech publication Menabytes reported in an exclusive article yesterday (4 August) that 500 Startups, D... |
| 05.02.2019 | Helsinki-based GetJenny raises €2 million for its “human-directed” customer service AI chatbots | Customers today expect fast and reliable support 24/7, yet many customer service teams are strained by the volume of incoming requests. Helsinki-based GetJenny is an AI-based customer service platform that allows companies to automate conve... |