Launched in 2023, MEVF IV is MEVP's fourth regional fund targeting a size of USD 150m and anchored by the European Investment Bank. MEVF IV’s fund size makes it one of the few independent regional venture capital funds capable of committing large investment tickets addressing the growth needs of early-stage tech companies in MENA. The new fund’s deployment will focus on investing in innovative early-stage and growth-stage tech companies and enabling them to emerge as market leaders in Levant, North Africa and GCC.