Tech Investors

Technology Development Fund

Technology Development Fund is an investing group that backs qaulifying tech sector companies.

Venture Investor Overview

Contact Information

Background Information

Overview

The Technology Development Fund is the first technology venture capital fund in the ME. Established in 2004, its current capital base is $50 million. The Fund aims to propel the growth of innovative, startup and early stage companies in the field of information technology. The Fund is managed by one of the leading investment banks in the MENA region, Efg-Hermes, http://www.efg-hermes.com, through its subsidiary Ideavelopers, http://www.ideavelopers.com.

Profile

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Last Transaction

5/23/2016

Transaction History

Our records indicate that Technology Development Fund invested in the VC transactions listed below. Dollar amounts are for the entire raise, which may include other investors.

Investor Contacts

Title

Name

Email & Social

General Partner

Ahmad Gomaa

        

Funds

No fund closings have been recorded for this company.

Portfolio Companies

Technology Development Fund has invested in the companies below, according to our database records. If we are missing a portfolio company, please let us know.

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Our tech investing data comes from VentureDeal.com, a leading supplier of tech investor funding data.

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