The Strategic Development Fund (SDF) focuses on investing in strategic technology and industrial sectors to foster economic and industrial growth in the UAE while also achieving financial returns. Their strategy involves a hybrid investment approach, encompassing investments in next-generation technology companies globally and forming strategic partnerships to localize high-value technologies within the UAE.
38% of their portfolio is in Fintech. Average disclosed round size is $114.9M (across 8 rounds with reported amounts).
Portfolio
8
Fund Size
—
Top Stage
Series B
Last 12 Mo
1
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
8 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series C | $124M | Feb 2026 | |
| MMNT-Halan | Growth | $157.5M | Jul 2024 |
| Series D | $58M | Jul 2023 | |
| Series B | $75M | Apr 2023 | |
| Series B | $40M | Feb 2023 | |
| Series D | $145M | Nov 2021 | |
| MMNT-Halan | Unknown | $120M | Sep 2021 |
| Series C | $200M | — |
Top Co-Investors
Insight Partners2 shared
NightDragon2 shared
Razor's Edge2 shared
Adage Capital Management2 shared
Lorax Capital Partners2 shared
Endeavor Catalyst2 shared
Phaistos Investment Fund1 shared
EDBI1 shared
IronGrey1 shared
Yaletown Partners1 shared
ClearSky1 shared
BlackRock1 shared
Manhattan Venture Partners1 shared
Alumni Ventures Group1 shared
IFC1 shared
Google's Africa Investment Fund1 shared
Visa1 shared
LeapFrog Investments1 shared
Lightrock1 shared
Last updated: 16 April 2026
