Raiven Capital takes bold step into Middle East venture space by partnering with MEVCA and investing in Dubai’s fast-growing startup ecosystem

As global interest in Middle Eastern innovation continues to grow, one venture capital firm is doubling down on its presence in the region.

Raiven Capital, known for its forward-looking investments in cutting-edge technologies, has officially joined the Middle East Venture Capital Association (MEVCA), aligning itself with the region’s leading voice in startup and venture capital development.

Strengthening Ties in the GCC Startup Ecosystem

This move is more than just symbolic—it reflects Raiven Capital’s growing commitment to startups across the Gulf Cooperation Council (GCC).

The firm recently launched its second fund licensed by the Dubai Financial Services Authority (DFSA), based out of the Dubai International Financial Centre (DIFC), reinforcing its long-term strategy in the region.

By joining MEVCA, Raiven is now more deeply embedded in the networks and platforms that drive early-stage innovation in the Middle East.

Raiven Capital: A Global Vision with Local Impact

Headquartered across three major innovation hubs—Toronto, Palo Alto, and Dubai—Raiven Capital is led by Paul Dugsin and Supreet Manchanda.

The firm focuses on companies operating at the crossroads of Artificial Intelligence, the Internet of Things (IoT), and operational transformation.

Its investment approach is rooted in identifying startups that are not just building great products but are also reshaping industries.

Since 2020, Raiven has achieved multiple successful exits, a testament to its strategic foresight and ability to spot high-impact opportunities in AI, deeptech, digital platforms, and beyond.

What MEVCA Brings to the Table

MEVCA plays a vital role in nurturing the Middle East’s entrepreneurial landscape.

The association serves as a central platform for collaboration, knowledge-sharing, and policy advocacy among venture capitalists, investors, and founders.

By joining MEVCA, Raiven gains access to a community dedicated to accelerating venture capital growth and supporting transformative startups in the region.

So, What’s Next?

With Raiven Capital now firmly part of MEVCA, the future looks bright for both sides.

For Raiven, it opens new channels to collaborate, invest, and grow within a region known for its dynamic startup potential.

For MEVCA, the addition of a global VC player like Raiven strengthens its efforts to bring global capital, expertise, and momentum into the Middle East’s innovation economy.

As the ecosystem continues to evolve, all eyes will be on the deals, partnerships, and game-changing startups that emerge from this promising collaboration.