Kuwait-based Kamco Invest and TechInvest plan to launch a follow-on venture vehicle called The JEDI Opportunity Fund. The fund is targeting between 100 million and 150 million dollars to back startups, building on the firms’ earlier collaboration. The launch timing was not disclosed by TechInvest chief executive Fahad AlSharekh during remarks at MoneyTech Summit 2025.
A Second Act for the JEDI Strategy
The new vehicle follows the JEDI Fund, a 45 million dollar program the partners introduced about four years ago. That earlier fund concentrated on technology startups in the United States, with a particular emphasis on Silicon Valley companies. The Opportunity Fund is positioned as the next phase of the same thesis, with a larger capital base and a sharper focus on proven performers.
Size, Focus, and Reinvestment Plan
AlSharekh said the Opportunity Fund aims to be capitalized in a range that reflects stronger investor appetite and a deeper pipeline. The strategy includes reinvesting in a select group of portfolio companies from the first JEDI Fund, chosen for strong traction and execution. By concentrating capital into winners, the managers are signaling a disciplined approach to portfolio construction and risk management.
Why Back Existing Winners Now
Recycling capital into high-performing holdings can compress underwriting risk and shorten time to value creation. Startups that have already cleared product-market fit and revenue milestones may require growth rounds to scale, professionalize operations, and expand geographically. The Opportunity Fund’s design suggests the managers intend to capture that step-up while leveraging established information advantages.
Market Setting and Competitive Posture
Venture markets remain selective, and managers with differentiated sourcing and follow-on rights hold an edge. The partners’ track record in U.S. tech, especially in Silicon Valley, provides access to networks that are difficult to replicate. With larger check sizes, the new fund can lead or co-lead rounds where governance, pricing, and follow-on capacity matter.
Kamco Invest’s Platform and Footprint
Founded in 1998 and headquartered in Kuwait, Kamco Invest operates across asset management, investment banking, and brokerage. The firm is listed on the Kuwait Stock Exchange and reports a presence in the United Kingdom, Saudi Arabia, the United Arab Emirates, and Jordan. Its multi-market platform and product breadth give it institutional reach that can support fundraising, diligence, and portfolio value creation.
TechInvest’s Role and Alliances
TechInvest, founded by Fahad AlSharekh and Walid Kamhawi, works through alliances with asset management partners to deliver investment solutions. Over the past decade, it has focused on curated access to growth opportunities and manager selection. The collaboration with Kamco Invest aligns advisory capabilities with balance-sheet scale, improving the odds of repeatable execution.
What to Watch Next
Key variables will include final fund size, pace of capital deployment, and the mix between reinvestments and new names. Investors will also look for evidence of operational support, governance improvements, and disciplined valuation entry points across portfolio rounds. Formal launch details and the first close remain to be announced, setting the stage for subsequent disclosures.
The JEDI Opportunity Fund represents a scaled continuation of Kamco Invest and TechInvest’s venture strategy, anchored by a plan to double down on outperforming companies. If the managers execute on reinvestment discipline while sourcing new high-conviction deals, the vehicle could accelerate value realization across the existing portfolio. The coming months should clarify timing, commitments, and the first set of transactions that will define the fund’s trajectory.
Source: Zawya