Top 5 Impact VC Funds &amp; Investors in Lebanon (October 2023)

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.

Investment focus

Industry: E-Commerce, Internet, Financial Services
Stage:Seed, Series A, Series B
Geography: United Arab Emirates, Jordan, Turkey

Investor stats

Total investments: 100
Round size: Seed $500k–$3M; Series A $2M–$6.5M; Series B $3.5M–$47M
Lead/follow: 30% lead, 70% follow
Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

BitOasis — BitOasis is MENA's leading platform that allows you to securely buy, sell and trade crypto assets like Bitcoin, Ether, XRP and Bitcoin Cash at the best rates. Currently available in UAE, KSA, Bahrain, Kuwait, Oman, Jordan, Egypt and Morocco.
Believe — Believe Pte Ltd. is a global, Singapore-based FMCG conglomerate that provides market-ready solutions for customers by listening to their needs and designing products that suit their culture and life choices. From breakthrough personal care essentials to beauty products surpassing global standards, our worldwide team of experts use cutting-edgetechnology, scientifically proven methodologies and ancient knowledge to gift our customers
Wafeq وافق — Send invoices or purchase orders, manage your inventory and your payroll, and get over 30 reports to manage your company, all in one software.

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HIVOS is a Netherlands-based organization that seeks new solutions to persistent global issues.

Investment focus

Industry: News, Events, Crowdfunding
Stage:Seed, Series A
Geography: Egypt, Lebanon, United States

Investor stats

Total investments: 4
Round size: Seed $2.4M–$3.1M
Lead/follow: 0% lead, 100% follow

Portfolio highlights

Plstka — Plstka is solid waste management and recycling company that collects solid trash from gamification mobile app.
Zoomaal — Zoomaal is the leading crowdfunding platform in the Arab world.Zoomaal went live in July, 2013. Semi-finalist in the MIT Arab Enterprise Forum business plan competition, backed by four Middle Eastern venture capital firms and featured on CNN, Wamda, the International Herald Tribune and more, Zoomaal is at the forefront of Arab crowdfunding: helpingpeople empower Arab creativity and culture.
News Deeply — Founded in 2012, News Deeply is an innovative network of theme-driven information and community platforms, convening engaged, knowledgeable and passionate audiences.Led by an award-winning team of domain-expert journalists, our topical platforms combine real-time storytelling, investigative reporting and data, and expert-driven insights withonline and offline community interactions. Our readers and our partners include leaders from the private sector, government, civil society, and academia and research, as well as members of the engaged public.In an increasingly complicated information environment, we surface the vital insights and stakeholder connections that help to advance conversations and inform decision-making on the issues that matter, deeply, to the state of our world today.

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Alfanar is the Arab region's first venture philanthropy organisation. We support social enterprises in the Arab region by helping them to become sustainable.

Investment focus

Industry: Retail, Fashion, Recycling
Stage:Seed
Geography: Lebanon

Investor stats

Total investments: 1
Lead/follow: 0% lead, 100% follow

Portfolio highlights

FabricAID — FabricAID collects, sorts, and redistributes second-hand clothes at micro prices to marginalized communities reducing fabric waste.

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The Middle East/North Africa is the next great investment opportunity. The Middle East has a collective population larger than the US, the vast majority of whom are ‘digital natives‘ (e.g.; under 30) with great appetites for consumer technology products and services. The region boasts higher per capita GDP and more disposable income than Indiaor China. In short, the Middle East is one of the technology sector’s high-growth regions, and offers tremendous potential for expansion in mobile, internet, social media and eCommerce services.Like the BRIC’s and other emerging markets, local partners are key to success. Sawari Ventures is at home in the Middle East, and knows its culture, context and business climate. They have experience and relationships working with technology and investment leaders world-wide. They know how to translate local visionaries into global hits.

Investment focus

Industry: Financial Services, E-Commerce, Software
Stage:Seed, Series A, Series B
Geography: Egypt, United States, Lebanon

Investor stats

Total investments: 24
Round size: Seed $100k–$8.3M; Series A $2.1M–$4.5M; Series B $2.7M–$42M
Lead/follow: 56% lead, 44% follow
Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

Axis — axis for Business enables small businesses to seamlessly manage employee payroll, salary advances, and expenses - all from one place.
Almentor — almentor.net is a cutting-edge continuous e-learning platform curating top-rated video-based training programs delivered by leading subject matter experts and accessible through B2C and B2B channels to serve the needs of Arabs across the world. The platform was officially launched in January 2018 and currently offers the biggest Arabic high qualitycontinuous learning video library in the world, including paid courses, free talks, crash courses and books, primarily in Arabic.
Blnk — Blnk is a fintech firm that provides lending, financing, affordability, commission, reporting and settlement, and e-commerce services.

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