Startups
Abu Dhabi Growth Fund (ADG) is a growth focused sovereign investment fund established in July 2021. ADG’s mandate is to pursue a differentiated strategy with the aim to generate high financial returns for its shareholder, the Abu Dhabi Government.
With an agile approach to investing, ADG deploys capital primarily into illiquid and liquid equity strategies while being sector and geography agnostic. In line with its growth mandate, ADG invests mainly in private equity, venture capital, hedge funds and public equities.
With an agile approach to investing, ADG deploys capital primarily into illiquid and liquid equity strategies while being sector and geography agnostic. In line with its growth mandate, ADG invests mainly in private equity, venture capital, hedge funds and public equities.
Overview
Location
United Arab Emirates, Abu Dhabi Emirate, Abu Dhabi
Employees
11-50
Founded date
2021
Mentions in press and media 6
| Date | Title | Description |
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| Aug 18, 2022 | Abu Dhabi’s Group 42 launches $10B fund to invest in ‘high-growth’ tech startups Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community that includes Amazon Web Services and Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO ...... | Abu Dhabi-based artificial intelligence firm Group 42, which is backed by Mubadala Investment Co. and Silver Lake Technology Management LLC, is setting up a new, $10 billion fund focused on technology investments in emerging markets. The G4... |
| Apr 21, 2022 | Brief: UPSIDE Foods bags $400m in cultivated meat’s largest funding to date | US-based UPSIDE Foods (formerly Memphis Meats) has closed a $400 million Series C in the largest funding round for a cultivated meat company to-date. Temasek and Abu Dhabi Growth Fund (ADG) led the round with participation from “a broad coa... |
| Mar 24, 2022 | The Week in Agrifoodtech: African startups Apollo, Wasoko & ThriveAgric close big-ticket rounds | This has been a watershed week for African agrifoodtech, with a string of startups from the continent closing eight and nine-figure US dollar rounds over the past few days. Kenya’s Wasoko and Apollo Agriculture raised $125 million and $40 m... |
| Mar 17, 2022 | Getir officially announces $768 million Series E round, now at decacorn $11.8 billion valuation | Turkish on-demand delivery kingpin Getir has confirmed reports on its $768 million Series E round at an $11.8 billion valuation. In so much, the investment sees Getir become Europe’s first grocery delivery decacorn. The funding will be used... |
| Getir officially announces $768 million Series E round, now at decacorn $11.8 billion valuation | Turkish on-demand delivery kingpin Getir has confirmed reports on its $768 million Series E round at an $11.8 billion valuation. In so much, the investment sees Getir become Europe’s first grocery delivery decacorn. The funding will be used... |
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FAQ about Abu Dhabi Growth Fund (ADG)
When was Abu Dhabi Growth Fund (ADG) founded?
Abu Dhabi Growth Fund (ADG) was founded in 2021.
What has the press written about Abu Dhabi Growth Fund (ADG)?
Parsers VC has collected 6 articles mentioning Abu Dhabi Growth Fund (ADG), among them “Abu Dhabi’s Group 42 launches $10B fund to invest in ‘high-growth’ tech startups Show your support for our mission by joining our Cube Club and Cube Event Co...” (Aug 18, 2022) and “Brief: UPSIDE Foods bags $400m in cultivated meat’s largest funding to date” (Apr 21, 2022).
Is Abu Dhabi Growth Fund (ADG) still active?
Yes, Abu Dhabi Growth Fund (ADG) is active; its latest activity on Parsers VC dates from Nov 16, 2022.