The Blews. Blogs and News.
Proteinea's Pioneering Approach to AI-Designed Therapeutics
Proteinea’s application of AI in protein engineering and biotherapeutics design exemplifies the advancements we aim to foster. With the development of Ankh, an unprecedented protein transformer, Proteinea is advancing healthcare to become more proactive, precise, and personalized. This partnership underscores our commitment to nurturing innovations that promise a healthier tomorrow.
Shorooq Partners Announces Investment in Ad-Shield: Revolutionizing Adblock Recovery
We are excited to announce our latest investment in Ad-Shield, a provider of innovative adblock recovery solutions. Shorooq Partners lead this investment, highlighting our dedication to bridging groundbreaking technologies across Asia and the MENA region. With an astonishing 90%+ adblock recovery rate and global publishers onboarded in just a few months, Ad-Shield is reshaping the future of digital advertising.
Immensa: Spearheading AI in Smart Manufacturing
From transformative investments in digital warehousing to pioneering additive manufacturing for spare parts, Immensa has been committed to setting new industry standards in the MENA region. Read about their journey towards creating a more efficient and sustainable world through comprehensive application of AI across the manufacturing processes.
Unlocking New Horizons: Strengthening Korea-Middle East Ties
Amidst the GCC’s recent efforts to forge stronger economic ties with global counterparts, Shorooq Partners has played a pivotal role in bridging the gap between the Middle East and the Far East. Our colleagues, Shane Shin and Nathan Kwon, had an exclusive interview with the Korean Press EDAILY, offering insights into our firm's perspectives and aspirations.
The Vision: A Thriving Hub of Innovation and Talent Unleashed Investment in Pearl Semiconductor – Part 2
Why did we invest in Pearl Semiconductor? Shorooq Partners shares the Company’s grand vision – one that sees Egypt as a vibrant hub teeming with highly skilled design engineers. Our ambition for the Company reaches beyond technology; it’s about unlocking the untapped potential of the vast, yet underutilized talent pool, capable of innovating differentiated products.
Shorooq Partners Ushers a New Era of Innovation: Investing in Pearl Semiconductor
We are excited to unveil a new chapter in our journey – a venture into the semiconductor landscape with our investment in Pearl Semiconductor, a fabless semiconductor company specializing in Timing ICs and Reference Clocks. Before we delve deeper into this pioneering collaboration, let’s embark on Pearl’s journey in semiconductor innovation, a narrative that traces back to the early 1990s.
Empowering Creators in the Digital Age: Shorooq Partners' New Investment in Virtualness
We're thrilled to announce our latest investment in Virtualness. Virtualness, recognizing the impact of technology on the rise of the global creator economy, has embarked on a journey to amplify this impact with AI and blockchain towards a Web 3.0 future. Their belief is clear - everything that can transition from a physical form to digital will make that leap.
Clara's Innovative Cap Table Solution Takes the Stage
Clara, a legal operating system, digitizes and automates legal expertise, making it accessible and manageable for founders facing complex legal challenges. With features like a natural language chatbot for legal inquiries, automated contract creation, and visualization tools for cap tables, Clara has been instrumental in simplifying the legal complexities that entrepreneurs often encounter. But Clara doesn’t stop there.
Embracing a Day in the Life of Shorooq Partners – I Felt Good Today Part ll
What unites us is the fulfillment of spending our days empowered and surrounded by our portfolio companies. As venture capitalists, our job is to support companies that offer what we, as customers, need and want. Join me as I navigate a day in Riyadh, filled with moments of growth, collaboration, and curiosity.
Shorooq Partners Continues to Lead the South Korea-Middle East Corridor
Last month, Shorooq Partners was reported as the most active investor in the MEAPT (Middle East, Africa, Pakistan and Turkey) region by deployed capital and among the top by number of deals. But our investment activities do not stop inland – we recently invested in Dtonic, a Korean DeepTech company that specializes in data infrastructure software solutions for efficient spatio-temporal big data processing.
Bridging South Korea and MENA - Efforts and Developments
A few months ago, Shorooq Partners facilitated a trip for Saudi delegation to visit key stakeholders in Korea, including but not limited to sovereign wealth funds, unicorns, startups and asset managers. More recently, we have led another Saudi delegation trip to Korea and met with the country’s leading gaming companies, including Kakao Games, Krafton, and Com2uS.
Startup Series: Lendo – Serving SMEs Invoice Financing
As the Kingdom’s first-ever company to obtain the Saudi Central Bank (SAMA)’s license to operate as a Shari’ah-compliant debt crowdfunding company, Lendo has earned and demonstrated investors’ trust in its financing solutions as a preferred option for small businesses seeking quick access to capital.
Open Letter to the Tech Ecosystem
We can only imagine how difficult these past few weeks have been for the employees of Capiter and their families. As shareholders, we cannot emphasize enough how grateful we are for your hard work, support and patience.
Startup Series: Saudi’s Immensa Labs to accelerate adoption of additive manufacturing in the Middle East
While Immensa Labs is a key beneficiary of evolving AM and printer technologies, Immensa’s vision of building the region’s largest on-demand AM spare parts platform is nonetheless impeded by technical challenges as well as shortage of digital inventories.
Winning in Saudi, for Saudi
The great news is that local companies in Saudi Arabia have a high chance of successfully expanding into other countries in the Middle East and beyond because they are starting at the largest economy in the region amidst an unprecedented journey and support driven by the government’s Vision 2030.
Artificial Intelligence will change NPC's and the future of Metaverse
Some believe that AI will play a major role in changing how NPCs interact in the metaverse. NPCs are often used as guides or assistants, but they can also be used for other purposes such as marketing or customer service. With AI, NPCs could become more intelligent, realistic, and lifelike, providing a richer engaging experience for users.
NFTs and Decentralized Finance (Part II)
Decentralized finance using cryptocurrencies and NFTs is still an extremely nascent infrastructure - so nascent that the existing regulatory and legal environment does not accommodate digital assets.
OVERCOMING YOUR NFT FOMO (Part I)
If the news of an artist known as Beeple selling his digital art for a few million dollars didn’t surprise you in 2020, perhaps you were intrigued to hear about a music producer/DJ 3Lau selling his collection of music albums tokenized on the Ethereum blockchain for over $11million in February last year.