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Sheikh Tahnoon Bin Zayed

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UAE's Chimera Capital Closes Second VC Fund at $10 Billion
January 25th, 2022 - 10:03 GMT

UAE's Chimera Capital Closes Second VC Fund at $10 Billion

Chimera Capital, an Abu Dhabi asset management company, announced on Tuesday the closure of its second venture capital (VC) fund at $10 billion (Dh36.7bn). According to Chimera's statement, the new fund, Alpha Wave Ventures II, will focus on the financial tech, artificial intelligence, life sciences, consumer internet and B2B sectors. Chimera's CEO, Seif Fikry, told Bloomberg that the new fund that is co-managed by New York-based Alpha Wave (formerly known ...
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