Dubai-based Yango Group launched Yango Ventures, a $20 million corporate venture fund that aims to empower early-stage startups in emerging markets.
This initiative targets regions such as the Middle East, North Africa, Pakistan, Sub-Saharan Africa, and Latin America, where Yango Group has a strong presence.
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Yango Ventures invests in growth-stage tech
Yango Ventures will focus on seed to Series B investments in sectors like fintech, B2B software-as-a-service (SaaS), and online-to-offline (O2O) ventures. The fund aims to provide capital, strategic guidance, and mentorship to help startups scale effectively.
Daniil Shuleyko, CEO of Yango Group, stated, “We’re more than a tech company; we are an ecosystem committed to empowering entrepreneurs worldwide. At Yango Group, we believe that technology is not just about innovation — it’s a catalyst for tangible progress. Through Yango Ventures, we’re sharing our expertise and network to help startups scale, thrive, and drive meaningful change in their communities. Our mission is simple: let people grow with us. By supporting local talent with the right tools and resources, we aim to foster sustainable business growth and contribute to resilient, inclusive economies across the globe.”
Yango Ventures anticipates substantial returns from its investments, particularly from Series A startups, with targets ranging from ten to twenty times their initial investment over time. The fund’s approach is designed to support local talent without exerting control over the startups, offering guidance and connections as needed.
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Yango ventures: funding and expert sector support
Beyond financial support, Yango Ventures plans to leverage its expertise in mobility, fintech, and AI sectors to foster sustainable business growth. The fund aims to collaborate with other venture capital firms and institutions to enhance its investment capacity and expand its reach within these regions.
Additionally, Yango Ventures will organise networking events and partner with educational institutions to equip young professionals with industry-specific skills, contributing to developing resilient and inclusive economies.
Yango Group’s initiative comes when venture capital interest in emerging markets increases, providing a timely boost to startups seeking to scale and innovate in these regions. The fund’s initial allocation of $20 million may expand further based on the performance of its initial investments, reflecting the company’s ambition to grow its impact in these markets.