# Global Development Group

> Global Development Group is a VC fund in Abu Dhabi backing Internet and Information Technology. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Abu Dhabi, United Arab Emirates
- Total investments: 2
- Last investment: Feb 2023
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/global-development-group---gdg
- Website: https://gdguae.com
- Facebook: https://www.facebook.com/GDGUAE

Global Development Group is a VC fund in Abu Dhabi focused on Internet and Information Technology. Global Development Group invests in businesses and other vehicles which are designed to generate a financial return.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Internet | 1 | 50% |
| Information Technology | 1 | 50% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Pre-Seed | 1 | 50% |
| Venture - Series Unknown | 1 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 1 | 50% |
| United Arab Emirates | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Blockfenders | Blockfenders is a startup with a blockchain-powered platform that promises to help businesses share data more securely with one another. | $1.5M | Pre-Seed | Feb 07, 2023 |  |
| Zand | Zand is a digital bank to provide both retail and corporate banking |  | Venture - Series Unknown | Feb 15, 2022 |  |

2 of 2 investments shown.

## Co-investors
- [Aditya Birla Group](https://shizune.co/investors/profile/aditya-birla-group) — VC Fund, 1 deal together
- Al Hail Holding — VC Fund, 1 deal together
- AL Sayyah & Sons investment — VC Fund, 1 deal together
- [Arka Venture Labs](https://shizune.co/investors/profile/arka-ventures-labs) — VC Fund, 1 deal together
- [Blume Ventures](https://shizune.co/investors/profile/blume-ventures) — VC Fund, 1 deal together
- [DeVC](https://shizune.co/investors/profile/devc) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund

## FAQ

### What does Global Development Group invest in?

Global Development Group invests primarily in Internet and Information Technology startups, most often at Pre-Seed and Venture - Series Unknown stage. Most of the 2 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Global Development Group last invest?

The most recent investment recorded for Global Development Group closed in Feb 2023. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co