DU

Dubai Future District Fund

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AED 1 billion venture capital fund launched by Dubai to back technology startups

Fintech Dubai, UAE Founded 2021

About Dubai Future District Fund

Dubai Future District Fund is a venture capital fund launched by the Dubai government in 2021 with a commitment of AED 1 billion. Its goal is to support the growth of technology startups in Dubai.

The fund invests in startups directly and in other venture capital funds, with a focus on companies that are based in Dubai or willing to establish a presence in the emirate.

It is linked to Dubai Future District, an initiative that brings together innovation hubs and economic zones across areas such as DIFC, the Museum of the Future and Emirates Towers.

Government-backed funds play an important role in developing startup ecosystems. By investing alongside private venture capital firms, they can help increase the amount of funding available and attract international investors.

The fund has invested in startups across sectors such as fintech, proptech, logistics, health and software, at various stages from seed to growth.

Dubai's economic agenda aims to make the emirate one of the world's leading cities for business and innovation, with plans to grow the digital economy significantly.

Startups UAE lists Dubai Future District Fund among the UAE's venture capital investors.
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