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# Abu Dhabi’s ADQ launches a $100 million tech fund
- URL: https://www.techloy.com/adq-launches-a-100-million-tech-fund-in-partnership-with-jordans-ministry-of-digital-economy/
- Published: 2022-06-08T18:21:55.000Z
- Updated: 2022-12-08T01:14:41.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Money, Tech in UAE

[ADQ,](https://adq.ae/) a holding and investment company based in Abu Dhabi has launched a $100 million venture capital fund in partnership with the Ministry of Digital Economy and Entrepreneurship in Jordan. 

- The funds will be invested in technology companies and startups in IT, telecommunications, financial services, education, food, agriculture, healthcare, logistics, and clean energy among others.
- The funds will be primarily focused on Jordan with a target of strengthening its digital economy and increasing digital opportunities.
- ADQ invested $10 billion in three countries: Egypt, UAE, and Jordan last month to promote sustainable economic growth.