Venture debt firm Stride Ventures achieves first close for Abu Dhabi Global Market Fund V
Venture debt firm Stride Ventures has announced the first close of its Abu Dhabi Global Market (ADGM) Fund V. Through ADGM Fund V, Stride plans to triple its assets under management in the GCC to over USD 500 million by 2026.The venture debt firm has concluded transactions with ticket sizes averaging USD 10-15 million and claims a USD 110 million pipeline across sectors of fintech, healthtech, logistics and climate tech.
Want to receive such news items in your inbox? Click Here to sign up for a trial.