# Top 20 Consumer VC (Venture Capital) Funds in Jordan in October 2023 ## Innovative Startups and SME’s Fund (ISSF) - Type: VC Fund - Location: Amman, Amman, Jordan - Relevant deals: 4 - Stages: Seed, Pre-Seed - Focus: E-Commerce, Health Care, Food and Beverage The Innovative Startups and SMEs Fund (“ISSF”) is a private sector managed fund making investments in innovative startups and early stage SMEs. The World Bank has invested USD 50 million in the Fund which was complimented by the Central Bank of Jordan with an additional USD 48 million bringing the total working capital of the ISSF to USD 98million. ## Silicon Badia - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, SaaS, Information Technology Silicon Badia is a venture capital firm providing networks and support to leading technology entrepreneurs around the world. ## Jabbar Internet Group - Type: VC Fund - Location: Dubai, Dubai, United Arab Emirates - Relevant deals: 3 - Stages: Seed, Series A, Pre-Seed - Focus: E-Commerce, Retail, Information Technology The exit of Souq to Amazon is the largest tech transaction of the region, and Souq continues to pave the way in e-commerce in the region. Souq was built from the ground up by the same team at Jabbar, who built the Maktoob portal before that. Maktoob was born out of a simple idea but with a vision that the Arabic Internet will grow and become anintegral part of everybody's life, and grew to become the largest Arabic Internet property before Yahoo acquired it.Both the Souq and Maktoob stories have become inspiring success stories in the region, where budding entrepreneurs and VC's alike, look to our team for inspiration and new ideas.Today Jabbar continues to grow and pave the way for tech in the region. It is in this spirit that we embrace any entrepreneur who is willing to innovate and take risks in order to create something great. Jabbar nurtures such individuals and supports nascent ideas that are in line with its mission. So join our journey :-) ## Algebra Ventures - Type: VC Fund - Location: Cairo, Al Qahirah, Egypt - Relevant deals: 2 - Stages: Series A, Seed - Focus: Marketplace, E-Commerce, Software Algebra Ventures invests in technology startups that leverage innovation to transform large markets. They seek high-growth companies, led by passionate and capable teams, that have a unique value proposition, and that can generate significant economic returns.Algebra Ventures looks for entrepreneurial teams that possess vision and insight as wellas the execution skills needed to build scalable companies. Algebra Ventures focuses on Series A and Series B rounds in Egypt although they do not exclude investments in earlier-stage startups or in other parts of the MENA region. They prefer to meet startups early on and get to know the team as the opportunity is shaping up. ## DASH Ventures - Type: VC Fund - Location: Amman, Amman, Jordan - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: E-Commerce, Financial Services, FinTech DASH Ventures is a Venture Capital firm operating at the forefront of MENA’s rapidly transforming economic landscape. ## Edgo VC - Type: VC Fund - Location: Amman, Amman, Jordan - Relevant deals: 1 - Stages: Series A - Focus: FinTech, Finance, Computer Edgo VC is the venture capital arm of Edgo, under which the group’s direct and indirect venture capital activities are consolidated. Edgo VC takes an opportunistic approach to venture capital investing and is sector, stage, and region agnostic. ## Badia Impact Fund - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: Shopping, E-Commerce, Consumer Goods Badia Impact Fund is a closed-end venture capital fund seeking to invest start-up and expansion capital in seed, early and growth stage information and communications technology (ICT) small and medium-sized enterprises located mainly in Jordan. ## Khwarizmi Ventures - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: E-Commerce, Software, FinTech Khwarizmi Ventures is a venture capital firm that seeks investments in startups with a passion for algorithms. It seeks to help create their vision, as they embark on a journey together that aligns their goals to improve quality of life using technology powered by algorithms.Ever since its launch in 2018, it has seed funded startups, assistedfounders, and scaled up several companies. ## Select Ventures Holdings - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: E-Commerce, Electronics, Sporting Goods Select Ventures Holdings is a UAE-based investment management firm. ## Financial Horizon Group - Type: VC Fund - Location: Khobar, Ash Sharqiyah, Saudi Arabia - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, FinTech, Finance Financial Horizon Group is a family office that was established in 2014 in the Kingdom of Saudi Arabia. Its services vary from Investment, Recruitment, and Consultancy. ## Vision Ventures - Type: VC Fund - Location: Dammam, Ash Sharqiyah, Saudi Arabia - Relevant deals: 1 - Stages: Seed, Series A - Focus: E-Commerce, Software, Information Technology Vision Ventures (VV) is an early stage venture capital firm founded by experienced entrepreneurs. Its slogan is:"By Entrepreneurs for Entrepreneurs". We invest in innovative startups in the Seed and Series A across a wide range of verticals. We help startups realize their dreams and make a difference in a noisy world. We are an energeticteam that has a wealth of experience in starting companies and steering them to success and hyper growth. Our combined experience spans over 90 years in multiple countries which gives us extensive experience in multi-national, multi-cultural teams. We provide startups with hands on assistance and guidance on marketing, sales, product/service development, financial planning and management, expansion & growth strategy, and more. ## SANAD Fund - Type: VC Fund - Location: Frankfurt, Hessen, Germany - Relevant deals: 1 - Stages: Pre-Seed, Series A - Focus: SaaS, Computer, Internet The SANAD* Fund for MSME views the micro, small and medium enterprise sector as an engine of economic development, job creation and prosperity in the Middle East and North Africa (MENA). This also makes it a vast and as yet untapped investment opportunity.To realize this potential, SANAD provides debt and equity financing to local partnerinstitutions for on-lending to micro, small and medium enterprises (MSMEs) and fueling their growth. ## Wamda Capital - Type: VC Fund - Location: Dubai, Dubai, United Arab Emirates - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: E-Commerce, Internet, Financial Services Wamda Capital is the MENA region's leading venture capital firm investing in exceptional entrepreneurs building the region's most promising high growth technology businesses. We invest both at the growth and seed stages with the aim of taking portfolio companies through successive rounds of financing through to exit. ## Propeller Inc. - Type: VC Fund - Location: Amman, Amman, Jordan - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Computer Capital is important, but your first customers, hires and product are fundamental to building great companies. As builders ourselves, we understand that product-market fit is the only thing that matters. ## Hummingbird Ventures - Type: VC Fund - Location: Gent, Oost-Vlaanderen, Belgium - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, E-Commerce, Financial Services Supporting Exceptional entrepreneurs. We value emotional intelligence as much as data, growing internal culture as much as growing revenue, and forming strong, personal bonds with founders. We recognize patterns where other don't. ## Flat6Labs - Type: VC Fund - Location: Gîza, Al Jizah, Egypt - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, E-Commerce, Apps Flat6Labs is the MENA region’s leading seed and early stage venture capital firm, currently running the most renowned startup programs in the region. Annually, Flat6Labs invests in more than 100 innovative and technology-driven startups enabling thousands of passionate entrepreneurs to achieve their daring ambitions and ultimately becoming theirinstitutional co-founders. Flat6Labs manages a number of seed funds with a total AUM in excess of $85M. More than 25 leading institutions have invested into the Flat6Labs managed funds; believing in the asset class and Flat6Labs’ proven track record as the market leader.. Flat6Labs provides a wide range of investment ticket sizes ranging from $50K to $500k, supporting startups through their early journeys from Pre-Seed all the way to Pre-Series A stages. Alongside to the investments, Flat6Labs’ exceptional startup programs, executed to cater specifically for the needs of the innovative entrepreneurs, helps them accelerate their growth by providing them with a plethora of support services and connecting them to unparalleled opportunities with an expansive network comprising hundreds of business mentors, investors and corporates. Launched and headquartered in Cairo since 2011, Flat6Labs has multiple offices across the region; with ongoing plans to expand into other emerging markets. ## Ibtikar Fund - Type: VC Fund - Location: Ramallah, West Bank, Palestinian Territory - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: E-Commerce, Artificial Intelligence, Health Care Ibtikar (Innovation, in Arabic) is a disruptive fund that will invest in innovative Palestinian companies. Ibtikar’s investments begin at the seed level through local accelerators, continue in post-acceleration phases and can also include series A investments in its portfolio companies. Through this investment strategy we aim to close a criticalfunding gap between acceleration and VC and other later-stage investors. Our goal is to maximize return for our investors by helping high-potential Palestinian companies answer regional and global needs. We will do this through direct support from our management team and select group of advisors, and will leverage the strong network of our investors and partners for the benefit of each of our portfolio companies. ## Etihad Bank - Type: VC Fund - Relevant deals: 1 - Focus: Computer, Software, Staffing Agency Bank ## HALA Ventures - Type: VC Fund - Location: Khobar, Ash Sharqiyah, Saudi Arabia - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: FinTech, Software, Predictive Analytics Technology VC that empowers GCC’s startups in their early-growth stages. ## MVI (MENA Venture Investments) - Type: VC Fund - Location: Dubai, Dubai, United Arab Emirates - Relevant deals: 1 - Stages: Seed, Series A - Focus: E-Commerce, Internet, Software Mena Venture Investments (MVI) is an angel fund that invests in early stage startups with strong growth potential in the Middle East and North Africa (MENA) Region and beyond. We work with entrepreneurs to build solid, scalable businesses and ensure access to capital at early stages of a venture to fuel their growth. Beyond financial investment,MVI offers support through mentorship, access to markets, networks, and clients, as well as cross-border operational support. # 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