With the second closing, Iliad Fund nearly doubles its AUM and will be looking to accelerate its capital deployment in early-stage startups to execute its strategy at scale in the coming years. Athens, Greece — UAE-based venture capital firm Iliad Partners has announced the second closing of its USD 50 million Iliad Partners Tech Ventures Fund I. It will also allocate a portion of the Fund to Europe, primarily Greece, to support startups expanding into MENA. The involvement of Greece’s key financial institutions further strengthens Iliad Partners’ positioning as a strategic tech gateway between Europe and the Gulf, with Greece at the crossroads. Iliad Partners Management Limited is regulated by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) in Abu Dhabi, UAE.