By Tom Gara
The backer of the Middle East’s largest internet venture capital firm is establishing a company to fund investment in mobile technology in the region.
Accelerator Technology Holdings, a Jordanian firm, aims to complete an initial US$10 million (Dh36.7m) fundraising drive next week, after which it will hire a management team.
Accelerator has funded a number of the Arab world’s highest-profile internet startups through its venture fund, IV Holdings. (more)
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