Magnus Ventures is based across the region and supports ambitious pre-seed and early stage founders, typically with an initial investment of up to $500,000. The company has a unique approach, dedicated to making VC accessible to entrepreneurial talent that is often overlooked and underfunded, and aims to support groundbreaking and disruptive ideas. Founded by Ashraf Kalim and Zain Moosa, the firm has over 20 years of combined experience in angel and venture capital investing worldwide.
Dubai, United Arab Emirates October 15, 2022 –(PR.com)– Through the M-II Ignition Fund, the VC firm’s mission is to support innovators with breakthrough ideas and to support those ideas that are all too often overlooked and underfunded but create impactful change, including a sectoral focus on startup -ups focusing on climate change resilience.
Speaking to the media, co-founder and CEO Zain Moosa said, “It will be used to fund young entrepreneurs who are solving some of society’s biggest problems,” with a particular focus on climate, healthcare and ageing, economic empowerment and services Markets of the next billion.
Founded in 2010, Magnus Group & affiliated companies aim to increase the provision of equity to promising early-stage MENAP companies
Supporting new and aspiring entrepreneurs who have been left behind due to
Gap in early-stage equity availability. We have invested and accelerated 14 early-stage companies across all industries.
Magnus Group founder Ashraf Kalim said on the occasion: “What started as a passionate project to support entrepreneurs following the relief efforts of Pakistan’s worst earthquake to date has grown into a cross-industry investment and venture portfolio.”
Contact information:
Magnus Ventures
Zain Moosa
+971554423007
Contact via email
magnus-ventures.com
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