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National Development Fund

Impact46 announced at the LEAP conference the establishment of a new fund dedicated to investing in the gaming industry with a capital of 150 million Saudi Riyals. This initiative is brought to life through a strategic partnership with both the National Development Fund and the Social Development Bank. The fund is designed to support the growth of the gaming industry in Saudi Arabia by investing in game development companies and studios, whether they are local or international, and also to attract leading global companies to expand their operations in Saudi Arabia.

Impact46 Collaborate with NDF and SDB to Establish a US$40 Mn...

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Anbogen Therapeutics, a clinical-stage biotechnology company specializing in groundbreaking cancer drug development, today announced the successful completion of its Series A funding round. The lead investor is China Development Industrial Bank, with significant contributions from Taian Venture Capital, Maxpro and the National Development Fund (Business Angel Investment Program, and Implementation Project for Strengthening Investment in SMEs), with a total investment of approximately 12.5 million.

Anbogen Therapeutics Secures 12.5 Mn Series A Funding

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