Kuwait VC SWE Invests in NeuString

Established in November 2002, the National Technology Enterprises Company (NTEC) is a sovereign wealth enterprise of the Kuwait Investment Authority (KIA) that invests in technology companies and venture capital funds. NeuString received Series B financing from investors such as NTEC, Intel Capital, along with new and existing private shareholders. NTEC was capitalized with US$ 350 million and has invested in over 23 direct investments and 10 venture capital funds.

NeuString is a software company based in Dubai.

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