Prince Khaled’s KBW Ventures to increase investments in US tech sector - The National:
KBW Ventures is looking to increase its investments in the US technology sector, its chairman Prince Khaled bin Alwaleed bin Talal said.
The venture capital arm of Dubai-based KBW Investments has already invested in 24 companies in e-gaming, e-commerce and the plant-based protein sector, among others, so far this year. It is planning to invest in five more companies by the end of 2019.
“Last month, we closed five investments and we are looking to increase our investments in the US. By the end of this year, we will have investments in about 30 companies,” Prince Khaled told The National. He did not provide details about the total value of the investments or the name of the companies.
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