Global Ventures is a Dubai-headquartered venture capital firm founded in 2018 by Noor Sweid, investing in founders across emerging markets in the Middle East, Africa and Pakistan. It invests primarily at Series A with follow-on capacity, and has raised three funds: a US$50 million Fund I closed in early 2020, a Fund II that targeted US$100 million, and a Fund III reported at over US$150 million. Fund I led with fintech and Fund II with health technology; Fund III concentrates on supply chain technology, agritech, enterprise SaaS, artificial intelligence and deep tech. Limited partners have included Saudi Venture Capital, Jordan's Innovative Startups and SMEs Fund, Bupa Arabia, Agility Global's venture arm and Jada, the Saudi PIF-backed fund of funds.
Not publicly disclosed (US$300M AUM reported by Wamda, July 2024; Fund III reported at over US$150M by Wamda, January 2025) AUM62/100 Power Score™2018 FoundedDubai, United Arab Emirates
Founded in Dubai by Noor Sweid, previously Chief Investment Officer of the Dubai Future Foundation and Managing Partner at Leap Ventures.
2020
Closed Fund I at US$50 million to back revenue-generating startups across the Middle East and Africa; backers included Jada, the US$1 billion Saudi PIF-anchored fund of funds.
2021
Portfolio company Mumzworld acquired by Saudi Arabia's Tamer Group; Bupa Arabia committed new investment to Fund II.
2024
Reported approximately US$300 million in assets under management; Jordan's ISSF committed US$5 million to Fund III and Agility Global's corporate venture arm also backed the fund.
2025
Saudi Venture Capital (SVC) invested in Fund III, reported at over US$150 million and targeting supply chain technology, agritech, enterprise SaaS, AI and deep tech across Saudi Arabia, MENA and Sub-Saharan Africa.