UK university companies eye Mideast investors

UK university companies eye Mideast investors

by Shane McGinley Available at:

The Dubai-based arm of a UK investment firm is targeting Middle East investors to fund spin-off companies and new technology developed in British universities, Arabian Business has learnt.

Envestors is a London-based investment firm which partners entrepreneurs seeking funds with suitable investors who have cash available to inject in new ventures. It was recently acquired by rival Braveheart Investment Group, which specialises in funding news technology, companies and inventions developed in British universities.

Braveheart is aiming to target investors in the UAE to fund these new university developed companies and technology, the head of the Dubai-based arm of Envestors told Arabian Business.

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