The Egypt-based VC firm Glint has completed the first close of its second venture fund, which will invest in early-stage startups, at US$3 million. It has now announced the first close of its second fund, at US$3 million, anchored by Wadi Degla Group. It will focus on supporting startups through its proprietary venture studio model. “Glint’s second fund represents an important step to further develop our ecosystem designed to support Egyptian tech-based startups looking to penetrate the regional and international markets,” said Aboualam. We are thrilled to start working with our new LPs as well as continue working with our returning investors.”
