Profile
A key pillar in Arab Bank’s Digital Innovation Strategy, AB Ventures was set up in 2018 as the bank’s independent Corporate Venture Capital arm. AB Ventures demonstrates the bank’s commitment towards embracing digital innovation by investing directly in the next wave of innovative financial solutions, and – integrating them where relevant – into the financial services’ value chain across multiple markets.
Industry
Region of investment
AB Ventures Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
AB Ventures Fund I
|
Venture Capital (VC)
|
Financial Services
Fintech
IT Services
|
Pre-seed
Seed
|
North America
South America
Europe
Middle East
Africa
Asia
|
$5-10 m
|
$50 M
|
June 2018
|
|
AB Ventures Fund II
|
Venture Capital (VC)
|
Financial Services
Fintech
IT Services
|
Pre-seed
Seed
|
North America
South America
Europe
Middle East
Africa
Asia
Australia and others
|
$5-10 m
|
$75 M
|
March 2020
|
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FAQs about AB Ventures
Where is AB Ventures located?
AB Ventures is located in Island Park, New York, United States.
When was AB Ventures founded?
AB Ventures was founded in 2018.
What sectors and industries does AB Ventures invest in?
AB Ventures invests in companies and startups in Business Services (B2B), Consumer Products, Consumer Services (B2C), Financial Services, Fintech, Internet and Web Services, IT Services, SaaS, Software, Blockchain/Crypto.
What is AB Ventures geographical focus of investments?
AB Ventures invests in companies and startups in Middle East, Asia.
At what stages of companies and startups does AB Ventures typically invest in?
AB Ventures invests in companies and startups at Seed.
What is the usual amount of AB Ventures investment?
AB Ventures usually invests $0-1 m on average.
What is the amount of assets of under management (AUM) for AB Ventures?
AB Ventures has around $125m assets under management.
When was AB Ventures last fund created?
AB Ventures last fund was created/launched in 2020-03-20