Investments
2Funds
1About Mohammed Bin Rashid Innovation Fund
Mohammed Bin Rashid Innovation Fund is a United Arab Emirates federal government initiative led by the Ministry of Finance. The Fund focuses on innovating regional and global companies in seven major sectors: renewable and clean energy, transportation, education, technology, healthcare, space and water.
Mohammed Bin Rashid Innovation Fund Headquarter Location
United Arab Emirates
+971 2 6990800
Latest Mohammed Bin Rashid Innovation Fund News
Jun 14, 2022
The guarantee for a loan from MBRIF enables Quiqup to access affordable debt finance to continuously invest in their research and development capabilities and strengthen their innovative technology solution, as they plan to scale across the region
Mohammed Bin Rashid Innovation Fund Investments
2 Investments
Mohammed Bin Rashid Innovation Fund has made 2 investments. Their latest investment was in Quiqup as part of their Loan on March 3, 2022.
Mohammed Bin Rashid Innovation Fund Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
3/7/2022 | Loan | Quiqup | $1.36M | Yes | 6 | |
10/31/2017 | Grant |
Date | 3/7/2022 | 10/31/2017 |
|---|---|---|
Round | Loan | Grant |
Company | Quiqup | |
Amount | $1.36M | |
New? | Yes | |
Co-Investors | ||
Sources | 6 |
Mohammed Bin Rashid Innovation Fund Fund History
1 Fund History
Mohammed Bin Rashid Innovation Fund has 1 fund, including Mohammed Bin Rashid Innovation Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
10/29/2017 | Mohammed Bin Rashid Innovation Fund I | $549M | 1 |
Closing Date | 10/29/2017 |
|---|---|
Fund | Mohammed Bin Rashid Innovation Fund I |
Fund Type | |
Status | |
Amount | $549M |
Sources | 1 |
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