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This year’s Arabnet Digital Summit, held on June3-5, was an entrepreneurial focal point to global investors and venture firms from almost all business backgrounds: technological, educational, automotive and, with the presence of CMEA Capital (Chemicals and Materials Enterprise Associates), life sciences background.

Araburnett, the “ArabNet + Leo Burnett MENA + The National” digital venture that allowed streaming  recording of all the action happening at the premier digital business conference in the Middle East, had a small chat with General Partner at CMEA Capital, Faisal Sohail.

“I’m here at Arabnet Dubai looking for investment with a lot of wonderful entrepreneurs who are building great companies that can go global,” said Sohail. “My interest here is to look for companies that can go beyond the region. First start with the region, dominate the region and then go beyond it.” Founded in 1989 by capitalist Tom Baruch, also the founder of Formation 8, CMEA Capital is a venture capital firm with a clear focus on life sciences, high technology, and energy and materials investments. The San Francisco based firm was reported by Forbes to manage over a billion dollars, a staggering amount that runs 120 energy & materials, information technology and life sciences companies.

Like many angel investors and global venture capitals, Sohail and his partners had flown overseas to the premier digital business conference in the region in hope of finding eligible startups and ventures that fit his domain.  “Already we’ve seen some really interesting examples,” Sohail ends the conversation with a hopeful note.

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