Khwarizmi Ventures secures over $70m for second fund first close

3 articles · Updated · Bloomberg · May 6

The Riyadh-based firm has already started deploying capital, managing partner Abdulaziz Al-Turki said on Wednesday.
The fundraising comes as Saudi venture capital firms continue raising and investing despite disruption from the regional conflict.
Separately, Sadu Capital is targeting a fund of about $70 million this year, according to managing director Salem Washeely.

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