#BinanceTurns8 #ShariaEarn What is TURN8?

• Background & Focus

Founded in 2012 (accelerator launched in 2013) by DP World and Innovation360 in Dubai, TURN8 supports early-stage technology startups in the MENA region().

• Accelerator + VC-as-a-Service model

It runs a “Rapid Fire” 120-day seed accelerator, followed by ongoing mentorship and follow-on funding—blending accelerator and venture capital in one offering .

• $60 M Dual-Stage VC Fund (2016)

They launched a $60 million fund: allocating $100K–$500K per deal, using two streams—$20 M dedicated to accelerator-stage startups and $40 M for follow-on (Series A-type) funding for those who graduate .

• Geographic reach & strategy

While headquartered in Dubai, TURN8 invests across MENA, including Egypt, Morocco, Tunisia and beyond .

Why It Matters

• Strong regional presence: Among the largest seed investors in MENA, having supported 60+ startups and raised substantial co-investment funding().

• Tailored support: Combines mentorship, accelerator programming, and capital, significantly reducing early-stage funding gaps in the region.

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In Summary

• TURN8: Dubai-based VC-as-a-Service and accelerator, founded 2012–2013.

• Fund size: $60 million targeting seed to Series A stages.

• Geography: MENA region focus with global ambitions, 58 investments, 33 exits.

• Team: Industry veterans backed by corporate anchor DP World.