Modus acquires Saudi Arabia-based Agile Ventures to expand its network of Venture Builders to KSA
RIYADH, Saudi Arabia, Oct. 24, 2022 /PRNewswire/ -- Modus has announced its acquisition of Saudi Arabia-based Agile Ventures to expand its Venture Builder (VB) network to the Kingdom.
- RIYADH, Saudi Arabia, Oct. 24, 2022 /PRNewswire/ -- Modus has announced its acquisition of Saudi Arabia-based Agile Ventures to expand its Venture Builder (VB) network to the Kingdom.
- New York-based Modus is a Venture Platform operating in MENA comprising VC funds, Venture Builders, and a Corporate Innovation arm.
- The acquisition will allow Modus to launch Venture Builders in KSA to build with, and invest in the country's most talented founders.
- The acquisition of Agile Ventures marks Modus' official expansion and set up in the Saudi market.