Raiven Capital Becomes Member of Middle East Venture Capital Association to Enhance Regional Innovation

Raiven Capital Joins MEVCA



Raiven Capital, an influential early-stage venture capital firm with a global outreach, has proudly announced its membership in the Middle East Venture Capital Association (MEVCA). This move highlights the firm's steadfast dedication to boosting startup investment within the Gulf Cooperation Council (GCC) region. The announcement coincided with the launch of Raiven's second fund, licensed by the Dubai Financial Services Authority (DFSA), further embedding the firm in the dynamic business landscape of the Dubai International Financial Centre (DIFC).

Paul Dugsin, Co-Founder of Raiven Capital, expressed the firm's enthusiasm, stating, “Raiven is honored to join MEVCA, the leading platform for VCs in the region.” He emphasized their approach of building ecosystems over mere portfolios, aligning their vision with the collaborative spirit that MEVCA fosters among venture capitalists and innovative founders in the Middle East. Omar AlKhawaja, Vice Chairman of MEVCA, welcomed Raiven into the community, praising their global perspective and operational expertise, which he noted would significantly enhance the evolving VC environment in the region.

Raiven's presence in the Middle East complements its existing operations in North America, where its inaugural fund was acknowledged as being in the top 10% of Canadian and U.S. venture capital funds according to a 2025 survey by Carta Fund Services. “We’re witnessing exceptional founders and groundbreaking innovations across the Middle East,” remarked Supreet Manchanda, another Co-Founder, highlighting Raiven's commitment to aiding these startups in achieving their growth potential through connecting them with necessary resources and expertise.

The company’s investment strategy remains focused on bold entrepreneurs who are not just innovating with artificial intelligence (AI) and the Internet of Things (IoT) but are also transforming traditional frameworks through these technologies. As Raiven builds robust connections throughout the GCC, the goal is to foster a new wave of technological advancements that align with global trends.

Furthermore, Raiven Capital’s emphasis on cooperation and inclusivity falls in line with the MEVCA’s mission to strengthen and connect the venture capital ecosystem in the Middle East. This collaborative approach is pivotal for driving sustainable growth and innovation across the region, with Raiven as a key player in initiating this upward trajectory.

In addition to their recent strategic membership, Raiven Capital has also relaunched its website to better reflect its evolving market presence and the expansion of its funds. The website is designed to provide insightful resources for potential investors and startups looking to harness the booming technological landscape of the Middle East and beyond.

With their commitment to excellence and innovation, Raiven Capital is well-positioned to influence the future of venture capital in the Middle East, driving impactful change and fostering an environment ripe for entrepreneurial growth. The firm's growing presence is a clear indication of the increasing significance of the Middle East in the global venture capital arena, marking a new chapter in collaborative investment and innovation between East and West.

Topics Financial Services & Investing)

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