CHRISTOS MASTORAS I MANAGING PARTNER I ILIAD PARTNERS
The expanding range of success stories and exits is expected to attract more capital allocation to the VC asset class, and we’ll likely see more funds and larger funds emerge to complement existing players. Within this context, in the future, we expect to see more innovation emerge from the region and MENA startups that can scale and compete beyond MENA in global markets. This will be facilitated by increasing technical talent, governments such as Dubai making innovation a priority, and corporates seeking to access innovation among other things. We are already seeing initial evidence of this, and we hope to see more home-grown innovation in the future.