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Propeller Launches $50M Fund III for MENA-US AI Startups
Summary by Fintechnews Middle East
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1 Articles
Propeller Launches $50M Fund III for MENA-US AI Startups
Propeller, a venture capital firm focused on AI infrastructure, has launched its US$50 million Fund III. The fund aims to connect technical and entrepreneurial talent in the MENA region with opportunities in Silicon Valley, while linking AI startups in the US with organisations developing large-scale AI infrastructure projects in the Middle East. Headquartered in Jordan, Propeller operates in Amman, Riyadh, Boston, and Silicon Valley. Fund III w…
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