- The fund will be looking for different investment opportunities in the MENA region and selected Abu Dhabi as the best hub to accelerate activities.
Founded by Serg Bell, Constructor Capital is a science-based VC fund that backs startups in the software and deep technology sectors. The fund has reportedly started operations in the Emirates. HeadThe fund now counts Singapore, Switzerland, Germany, and now UAE among its main offices.
The opening ceremony was followed by a networking lunch at Rosewood Hotel this week, joined by a stellar group of public authorities, politicians, Nobel prize winners, entrepreneurs, and partners. Constructor capital core team includes Serg Bell, General Partner, and Founder; Matthias Winter, Managing Partner; Marie Lepske, VP for Business Development and Chief of Staff; and Vikash Shah, General Partner – were joined by Ahmed Al Zarouni, Vice-President of Investment Corporation Of Dubai (ICD); Andrej Majcen, Co-Founder and CEO of Bitcoin Suisse; Arthur Mattli, Ambassador of the Swiss Confederation to the UAE and the Kingdom of Bahrain; Ammar Jarrar, Associate Director Khalifa University, Abu Dhabi Maritime Academy; Ashwin Joshi, Director, New York University Abu Dhabi; Khaled W Abou Kassem, CEO and founder of AlGooru; Pasha Ershow, Senior VP APJ & MEA Sales and Global Channel at Acronis; Takuya Kitagawa, president of QuEra; Talgat Kantayev, CEO and co-founder of InvestBanq among others.
This move is especially significant as Constructor deepens its involvement in quantum technology, leveraging UAE’s robust tech ecosystem to drive advancements that will define the future of venture capital and global markets. The expectations are set high, as the fund aims to harness and contribute to the remarkable potential of this dynamic region.
Constructor Capital has a history of founding and scaling companies, especially in the B2B SaaS/Cloud sector, with over $1B in funding secured over 30 years. What differs Constructor Capital from VC funds is that its partners come from entrepreneurship. The group only invests in startups they can run themselves. The team has an unbeatable network of scientists with an average h-index of 88 including 5 Nobel prize winners and has successfully established over 10 companies in the B2B SaaS/Cloud sector.
Speaking of the development, Matthias Winter, Managing Partner of Constructor Capital.
“We are incredibly excited to open our office here in Abu Dhabi. The Gulf region is fast growing, has a young population, and provides an amazing ecosystem for tech companies and funds like ours. This why we decided to double down here and invest significant time and resources in the region”, said Winter
Constructor Capital focuses on early-stage startups across three major verticals: Deeptech, B2B SaaS, and EdTech globally. The fund prioritizes its investments in MENA, Asia, and Europe mainly.
The fund has made pioneering investments in quantum computing, holding a significant stake in QuEra, (one of the leading quantum computing companies in the world, that is expected to attain a valuation of $10 billion in 5-7 years).
Constructor Capital has made two investments in the MENA region: Nexford University, Egypt; and AlGooru, AI-backed edtech startup based in Saudi Arabia.
“In establishing our new office in Abu Dhabi, we are not just expanding geographically but are investing in a future rich with potential. This step represents our commitment to tapping into the vibrant ecosystem of innovation that thrives here. We anticipate that our presence in UAE will enable us to forge new partnerships and explore opportunities that align with our vision of pioneering change and fostering sustainable growth across the region.” Winter concludes.