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Top 50 Internet Startup Investors in United Arab Emirates (May 2026)

The most active venture capital funds and angel investors investing in United Arab Emirates Internet startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in United Arab Emirates Internet startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Wamda Capital
VC Fund
17 United Arab Emirates, Jordan, Turkey Seed, Series A, Series B E-Commerce, Internet, Financial Services $500k–$47M
Shorooq Partners
VC Fund
9 United Arab Emirates, Pakistan, United States Seed, Series A, Pre-Seed Financial Services, E-Commerce, FinTech $200k–$23M
BECO Capital
VC Fund
7 United Arab Emirates, United States, Egypt Seed, Series A, Series B E-Commerce, Financial Services, Information Technology $800k–$60M
Flat6Labs
VC Fund
6 Egypt, United Arab Emirates, Saudi Arabia Seed, Pre-Seed Software, E-Commerce, Apps $15k–$300k
Jabbar Internet Group
VC Fund
5 United Arab Emirates, Jordan, Pakistan Seed, Series A, Pre-Seed E-Commerce, Retail, Information Technology $284k–$25M
B&Y Venture Partners
VC Fund
4 United Arab Emirates, United States, United Kingdom Series A, Seed, Series B E-Commerce, Information Technology, Software $1M–$13M
Raed Ventures
VC Fund
3 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed E-Commerce, Software, Financial Services $490k–$21M
Dtec Ventures
VC Fund
3 United Arab Emirates, United States, Oman Seed, Series A, Pre-Seed E-Commerce, Marketplace, Apps $100k–$3M
Arzan Venture Capital
VC Fund
3 United Arab Emirates, Egypt, Saudi Arabia Seed, Series A, Series B Software, E-Commerce, SaaS $600k–$50M
Middle East Venture Partners (MEVP)
VC Fund
3 United Arab Emirates, Lebanon, United States Series A, Seed, Series B E-Commerce, Software, SaaS $300k–$35M
VentureSouq
VC Fund
3 United States, United Arab Emirates, Saudi Arabia Seed, Series A, Series B FinTech, Financial Services, Software $250k–$50M
Phoenician VC
VC Fund
3 Lebanon, United Arab Emirates, Egypt Seed, Series A Financial Services, Software, FinTech $700k–$6M
Algebra Ventures
VC Fund
2 Egypt, Jordan, United Arab Emirates Series A, Seed Marketplace, E-Commerce, Software $300k–$25M
Musaab Hakami
Angel
2 United States, Saudi Arabia, United Arab Emirates Seed, Pre-Seed, Series A Financial Services, FinTech, Software $50k–$6M
Global Ventures
VC Fund
2 United Arab Emirates, Egypt, United States Series A, Seed, Series B Health Care, FinTech, Financial Services $870k–$60M
Chalhoub Group
VC Fund
2 United Arab Emirates Series A Apps, Software, E-Commerce
GTA Ventures
VC Fund
2 United States, India, Vietnam Corporate Round, Seed, Series A Blockchain, Cryptocurrency, FinTech $2.1M–$2.9M
Endeavor Catalyst
VC Fund
2 United States, Brazil, Mexico Series B, Series A, Series C E-Commerce, Software, Information Technology $5.3M–$150M
DASH Ventures
VC Fund
2 Jordan, United States, United Arab Emirates Seed, Series A, Series B E-Commerce, Financial Services, FinTech $500k–$30M
Inspire Ventures
VC Fund
2 Saudi Arabia, United Arab Emirates Seed, Convertible Note Information Technology, Internet, Wearables $550k–$1.6M
Abunayyan Holding
VC Fund
2 Saudi Arabia, United Arab Emirates Series A, Seed Information Technology, Internet, Food and Beverage $1.3M–$9M
Consolidated Contractors Company
VC Fund
2 United Arab Emirates Seed Wearables, Construction, Internet of Things $300k–$1.6M
Integrated Networks
VC Fund
2 United Arab Emirates, Saudi Arabia Seed, Series A FinTech, Mobile, Internet $1M–$2.3M
Walid Hanna
Angel
2 Lebanon, United Arab Emirates Seed Search Engine, Billing, Internet
Crescent Enterprises
VC Fund
2 United Arab Emirates Seed, Series A Delivery, Restaurants, Food Delivery
Faith Capital
VC Fund
2 United Arab Emirates, Kuwait, Bahrain Seed, Series A, Series B E-Commerce, Internet, Software $100k–$8M
Graphene Ventures
VC Fund
2 United States, Brazil, United Kingdom Seed, Series A, Series B Software, Health Care, E-Commerce $1.4M–$13M
HALA Ventures
VC Fund
2 United Arab Emirates, Saudi Arabia, Egypt Seed, Series A, Pre-Seed FinTech, Software, Predictive Analytics $284k–$9M
Sahra Growth Capital
VC Fund
2 United States, United Arab Emirates, India Seed, Series A, Series B Software, SaaS, E-Commerce $520k–$206M
Enabling Future
VC Fund
2 United Arab Emirates, United States, The Netherlands Seed, Angel Software, Information Technology, Health Care $500k–$1M
JP Morgan
VC Fund
1 United States, United Kingdom, India Debt Financing, Series A Financial Services, FinTech, Software $5.8M–$825M
Ceras Ventures
VC Fund
1 United States, Singapore, Germany Seed, Series A Blockchain, Cryptocurrency, FinTech $1.3M–$6M
March Holding
VC Fund
1 United Arab Emirates, Iraq, Turkey Seed, Series A, Convertible Note Public Transportation, Transportation, Information Technology
Omar Aljeraisi
Angel
1 United Arab Emirates Seed FinTech, Internet
Yan Hascoët
Angel
1 France, United Arab Emirates Angel, Seed, Series A Banking, Finance, Cannabis
Al Ghussain
Angel
1 United Arab Emirates Seed Internet, Recruiting, Career Planning
Crealize
VC Fund
1 Germany, United Arab Emirates Pre-Seed, Series A, Series B Education, Automotive, E-Commerce
Crescent Enterprises Venture Capital
VC Fund
1 United Arab Emirates, India Series B, Series D, Grant E-Commerce, Food Delivery, E-Commerce Platforms $18M–$60M
Propeller Inc.
VC Fund
1 Jordan, Egypt, United States Seed, Pre-Seed Software, Information Technology, Computer $350k–$3.5M
Cypher Capital
VC Fund
1 United Arab Emirates, South Korea, Saint Kitts and Nevis Seed Blockchain, Cryptocurrency, Gaming $1M–$1.5M
Greylock
VC Fund
1 United States, United Kingdom, Israel Series A, Series B, Seed Software, Information Technology, Enterprise Software $1M–$50M
Impact46
VC Fund
1 Saudi Arabia, United Arab Emirates, Oman Seed, Series A E-Commerce, Financial Services, Predictive Analytics $1.3M–$37M
Christian Kunz
Angel
1 United Arab Emirates Seed FinTech, Internet
Mazin Alzaidi
Angel
1 United Arab Emirates Seed FinTech, Internet
Enterprise Fund
VC Fund
1 United Kingdom, United Arab Emirates Seed, Series A SEM, Apps, Software
Viola Ventures
VC Fund
1 United States, Israel, United Kingdom Series B, Series A, Series C Software, FinTech, Information Technology $3M–$22M
Harveen Narulla
Angel
1 Singapore, India, United Arab Emirates Seed E-Commerce, FinTech, Financial Services $320k–$2M
Seera
VC Fund
1 United Arab Emirates, Saudi Arabia Series A, Series B, Series C Internet, Shopping, Logistics $7.5M–$67M
Resonance
VC Fund
1 France, United Kingdom, United Arab Emirates Pre-Seed, Series A Privacy, Software, Developer APIs $2.3M–$5.4M
Sinteza Venture Studio
VC Fund
1 United Arab Emirates Pre-Seed B2B, SEO, SaaS
Access all 99 investors in United Arab Emirates Internet startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Wamda Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 17 investments in United Arab Emirates Internet startups

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.

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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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Shorooq Partners
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 9 investments in United Arab Emirates Internet startups, 12 in the past 12 months

Shorooq Partners is the leading tech investor in the region, inspired by the best entrepreneurs, investors and practices from around the world.

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Investment focus

  • Industry: Financial Services, E-Commerce, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, Pakistan, United States

Investor stats

  • Total investments: 112
  • Round size: Seed $200k–$4.5M; Pre-Seed $3M–$4.5M; Series A $2M–$23M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Dtonic — Efficient Spatio-Temporal Big Data Processing across Smart-X Industries
  • The Food Lab — The Food Lab is a cloud kitchen platform but describes itself as an infrastructure company for restaurants in Egypt — about 400,000 in number — in the food & beverage (F&B) space. The company provides a full suite of end-to-end services, including cloud kitchen (kitchen as a service) and procurement.
  • Retailo Technologies — Retailo is an online regional B2B marketplace platform that serves small and medium-sized retail businesses, including kiryana and baqala stores, in the MENAP region. We are using technology to digitize and streamline the retail sector to make it more efficient.
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BECO Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 7 investments in United Arab Emirates Internet startups

BECO Capital provides growth capital and hands-on operational support for early-stage technology companies. It is a technology-focused venture capital that supports entrepreneurs and financial sectors to raise funds.The company helps small companies with growth capital and hands-on operational mentorship in their early stage of development. Itwas founded in 2012 and is based in Dubai, United Arab Emirates.BECO Capital was founded on February 1, 2014, by Dany Farha and Amir Farha, and it is headquartered in Dubai.

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Investment focus

  • Industry: E-Commerce, Financial Services, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, United States, Egypt

Investor stats

  • Total investments: 86
  • Round size: Seed $800k–$6.4M; Series A $1M–$27M; Series B $5M–$60M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • MaxAB — The Region's Leading Retailer Super App At MaxAB, we change how the supply chain works through our B2B food & grocery e-commerce platform At MaxAB, we change how the supply chain works through our B2B food
  • Kemet Trading — Kemet Trading provides institutional-grade infrastructure for digital asset derivatives trading; optimizing access to liquidity, data, trade execution and post-trade workflows.
  • Pine Street Labs — A non-custodial API for managing wallets. Built for enterprises.
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Flat6Labs
VC Fund · Gîza, Al Jizah, Egypt · 6 investments in United Arab Emirates Internet startups, 8 in the past 12 months

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.

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Investment focus

  • Industry: Software, E-Commerce, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Egypt, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 123
  • Round size: Seed $15k–$300k; Pre-Seed $32k–$230k
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Midient — We help restaurants collect, analyze, and act on their customer data to increase customer satisfaction and increase revenue.
  • Growdash — Growdash is a business intelligence and analytics tool built specifically for restaurants to support profitable growth strategic decisions across online sales channels.
  • Agel — Agel aim at reshaping the traditional financial services business model, operational model and customer experience to unlock a unique finance avenue for (“MSMEs”), with a core preposition of availing industry-agnostic merchandise credit limit for Merchants within Agel network in a manner that is Digital, Cashless and Sharia compliant, aligning withthe UN Global (“SDG”) goals, and Egypt’s 2030 plan towards financial inclusion and sustainability.our goals are: - Empowering MSMEs growth, - Accelerating Financial Inclusion, - Eradicating Informal Economy, - Raising Financial literacy
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Jabbar Internet Group
VC Fund · Dubai, Dubai, United Arab Emirates · 5 investments in United Arab Emirates Internet startups

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 :-)

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Investment focus

  • Industry: E-Commerce, Retail, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, Jordan, Pakistan

Investor stats

  • Total investments: 35
  • Round size: Seed $284k–$1M; Series A $800k–$25M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Repzo — Repzo is a mobile sales CRM (customer relationship management) app . Simply put, this application turns your smartphone or tablet into the ultimate standalone field force management tool.
  • Bookme.pk — Pakistan's leading online ticket booking platform. Buy E-tickets for bus, flight, movie, hotel & cricket with discounts and deals.
  • Jiye Technologies — Jiye Technologies is revolutionizing Agri Marketplaces of Pakistan
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B&Y Venture Partners
VC Fund · Beirut, Beyrouth, Lebanon · 4 investments in United Arab Emirates Internet startups

B&Y Venture Partners is a MENA based Venture Capital firm that invests globally at both seed and growth stage. We invest in visionary and high-impact founders aiming to create new markets or transform existing ones.

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Investment focus

  • Industry: E-Commerce, Information Technology, Software
  • Stage:Series A, Seed, Series B
  • Geography: United Arab Emirates, United States, United Kingdom

Investor stats

  • Total investments: 40
  • Round size: Seed $1M–$10M; Series A $2.5M–$13M; Series B $5M–$6.2M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Bridged Media — Bridge the gap between empathy to action to boost your engagement and retention on text, audio, and video. The easiest way to help your audience create an impact.
  • Laced — Discover the latest sneaker releases with Laced. The UK and Europe's authentic sneaker marketplace, discover coveted styles from Nike, Air Jordan, Yeezy, New Balance and more. Buy and sell now with Laced.
  • Finverity — Finverity provides technology, working capital and expertise to give banks, NBFIs, financiers and companies a strategic advantage in supply chain finance.
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Raed Ventures
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia · 3 investments in United Arab Emirates Internet startups

We partner with exceptional founders building breakthrough companies and creating scalable impact in MENA region

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 57
  • Round size: Seed $600k–$7M; Pre-Seed $490k–$11M; Series A $2.3M–$21M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Mozn — Confidently screen customers, monitor transactions and assess risk with powerful AI and seamless automation.
  • Sylndr — Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions.
  • 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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Dtec Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 3 investments in United Arab Emirates Internet startups

Dtec Ventures is the venture capital unit of Dubai Silicon Oasis Authority and an integral part of the Dtec ecosystem. We invest in early-stage technology businesses in the MENA region with a nucleus in Dubai, that are disrupting or enabling traditional industries.

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Investment focus

  • Industry: E-Commerce, Marketplace, Apps
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, United States, Oman

Investor stats

  • Total investments: 24
  • Round size: Seed $100k–$3M; Pre-Seed $200k–$2.5M; Series A $2M–$3M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Letswork — Work, meet and connect from the best coworking spaces, cafes and hotels across the UAE and Bahrain. Buy a membership, book meeting rooms or rent an office via the Letswork app.
  • AlgoDriven — AlgoDriven is an automotive data platform that helps car dealers, classifieds, banks and insurance companies accurately identify and price used cars. Car dealers use our patented mobile app, EvalExpert to appraise their cars, while enterprise clients access our platform through our APIs
  • Ghost Financial — Ghost Financial is a comprehensive financing and business services platform to support ghost kitchen and restaurant ventures by offering financial products such as insurance, payroll, credit cards and expansion loans for startup & growing kitchens.
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Arzan Venture Capital
VC Fund · Kuwait, Al Kuwayt, Kuwait · 3 investments in United Arab Emirates Internet startups

Arzan Venture Capital (Arzan VC) is a Kuwait-born VC firm that has been investing in startups with a MENA angle since 2014, making it one of the earliest VC firms in the region. Arzan VC's portfolio includes 30+ startups. The firm invests in young, fast-growing and innovative tech teams and it remains committed to building long-lastingrelationships with the region’s most talented entrepreneurs at an early stage.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Egypt, Saudi Arabia

Investor stats

  • Total investments: 32
  • Round size: Seed $600k–$3.5M; Series A $3.5M–$6.9M; Series B $4.6M–$50M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Zid زد — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
  • Gameball — Gameball is a one-stop platform to market your products and keep your customers engaged, leading to boosted conversion and increased RoI with a data-driven success strategy.
  • Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.
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Middle East Venture Partners (MEVP)
VC Fund · Dubai, Dubai, United Arab Emirates · 3 investments in United Arab Emirates Internet startups

MEVP is a Middle East-focused venture capital firm that invests in the early and growth stages of innovative tech companies run by talented entrepreneurs in the Middle East with a focus on the GCC and Levant countries. With a team of 20 VC professionals across offices in Dubai, Beirut, Bahrain, Abu Dhabi, and Riyadh, MEVP manages 5 regional funds with more than USD 260 million in Assets Under Management. MEVP is the largest and most established VC firm in the region, with clear cross border investment appetite.

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Investment focus

  • Industry: E-Commerce, Software, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United Arab Emirates, Lebanon, United States

Investor stats

  • Total investments: 88
  • Round size: Seed $300k–$2.8M; Series A $1.3M–$6M; Series B $2M–$35M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • invygo — Invygo is MENA's first & largest car subscription service creating accessible mobility options through an all-inclusive monthly subscription, all in a seamless app-based experience.For consumers: we provide them access to passenger cars without any financial burdens through a customizable month-to-month subscription through a mobile appFor Dealers: through our technology, they get access to a new business model that helps them generate revenue and reduce their depreciation and operational cost The company was founded in 2018 by Eslam Hussein and Pulkit Ganjoo in Dubai, UAE.
  • Yodawy — Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.
  • Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates · 3 investments in United Arab Emirates Internet startups

VentureSouq operates a large co-investment platform with a global investment portfolio.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 139
  • Round size: Seed $250k–$6.5M; Series A $6M–$30M; Series B $5M–$50M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • D3 — D3 - DNS Domains for Web3
  • Silkhaus — A seamless, sophisticated experience you can rely on. Choose from the wide variety of furnished Boutique Flats and apartments for short and long-term stays from Silkhaus.
  • Metriport — Metriport helps digital health companies access and manage patient health and medical data, through an open-source and universal API.
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Phoenician VC
VC Fund · Beirut, Beyrouth, Lebanon · 3 investments in United Arab Emirates Internet startups

Founded in 2015, Phoenician Funds is at the heart of thriving capitals of digital innovation and startup ecosystems in the Middle East and North Africa ...

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A
  • Geography: Lebanon, United Arab Emirates, Egypt

Investor stats

  • Total investments: 23
  • Round size: Seed $700k–$3M; Series A $1.5M–$6M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Go Rise — Go Rise is a start-up building a financial services platform for migrants.
  • Ostaz — Ostaz is a mobile and peer-to-peer educational platform connecting students seeking help in a specific course to qualified private tutors.
  • TWIG — TWIG is a Bank Agnostic Automated Savings Platform in the MENA region. Our flagship app provides Automated Saving Plans to help users save better; a Smart Budgeting tool with tailored insights; and Smart, customizable and user-specific Goals.
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Algebra Ventures
VC Fund · Cairo, Al Qahirah, Egypt · 2 investments in United Arab Emirates Internet startups

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.

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Investment focus

  • Industry: Marketplace, E-Commerce, Software
  • Stage:Series A, Seed
  • Geography: Egypt, Jordan, United Arab Emirates

Investor stats

  • Total investments: 41
  • Round size: Seed $300k–$3.5M; Series A $750k–$25M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Khazna — Khazna is an Egyptian company that aims to improve and expand financial services for Egyptians through the mobile application.
  • Sylndr — Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions.
  • Shift EV — Electrifying fleets in emerging markets.
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Musaab Hakami
Angel · San Francisco, California, United States · 2 investments in United Arab Emirates Internet startups

GP. Ex-Entrepreneur. Ex-Computer Engineer. Angel Investor. BoD. Ex-CCO & CFO @trySaryApp

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 29
  • Round size: Seed $780k–$6M; Pre-Seed $50k–$586k
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Pluto Card — Unlimited corporate cards with spend controls, petty cash management and automated receipt collection built for businesses in MENA (UAE, Saudi Arabia & more).
  • Funding Souq — Funding Souq connects established SMEs in Saudi Arabia and the UAE with retail and institutional investors worldwide. Investors earn up to 15% per annum
  • Groundfloor — Building the infrastructure for IRL community
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Global Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in United Arab Emirates Internet startups

We back global-minded, growth-stage and technology-focused founders in emerging markets and the world.

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Investment focus

  • Industry: Health Care, FinTech, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: United Arab Emirates, Egypt, United States

Investor stats

  • Total investments: 78
  • Round size: Seed $870k–$13M; Series A $2M–$34M; Series B $8M–$60M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Hakbah — Hakbah is a Fintech startup focusing on an alternative financial saving. Hakbah is modernizing financial saving via its intelligent platform by offering a comprehensive one-stop-shop solution for Savings Groups to initiate, manage, join, and pay directly within the mobile app.
  • Yodawy — Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.
  • Helium Health — Helium Health empowers healthcare providers in Africa with digital tools, financing solutions, and data partnerships. Learn more about our innovative solutions.
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Chalhoub Group
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in United Arab Emirates Internet startups

Discover the world of Chalhoub Group, the leader in luxury retail and innovative solutions. Explore our collection of luxury brands, services and initiatives shaping the industry today

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Investment focus

  • Industry: Apps, Software, E-Commerce
  • Stage:Series A
  • Geography: United Arab Emirates

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Zbooni — Customers are most receptive on social and messaging apps today. Bring the checkout experience to them, in real-time.
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GTA Ventures
VC Fund · Ho Chi Minh City, NA - Vietnam, Vietnam · 2 investments in United Arab Emirates Internet startups

GTA Ventures is a pioneer and the premier crypto assets venture, project accelerator, and community builder based in Vietnam. We aim to bring together the leading participants for the blockchain industry in Vietnam. GTA Ventures is a VC that supports cryptocurrency projects in the early stage. GTA Ventures will provide marketing solutions helpingprojects to expand their reach in the industry.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Corporate Round, Seed, Series A
  • Geography: United States, India, Vietnam

Investor stats

  • Total investments: 15
  • Round size: Seed $2.1M–$2.9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ancient8 — Ancient8 Chain is a gaming-focused community-driven Ethereum layer 2 built to onboard the next 100M Web3 citizens.
  • Aura Network — Aura Network is a scalable, agile and effortless Layer-1 blockchain with a comprehensive ecosystem built to accelerate global NFTs adoption.
  • Deliq Finance — Deliq Finance is a decentralized liquidity provisioning protocol that provides outsourcing services for the Avalanche ecosystem.
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Endeavor Catalyst
VC Fund · New York, New York, United States · 2 investments in United Arab Emirates Internet startups, 17 in the past 12 months

Endeavor Catalyst is the rules-based, co-investment fund of Endeavor, set up to invest exclusively in Endeavor Entrepreneur-led companies and to sustain Endeavor’s long-term operations in a mission-aligned way. Launched in 2012, Endeavor Catalyst has ~$500M+ AUM across four funds and has made 260+ investments to date in 35+ different markets. TodayThe Endeavor Catalyst portfolio has 53 companies valued at $1B+. Investments include Globant (NYSE:GLOB), Rappi, and Creditas in Latin America; Yemeksepeti.com and Careem in MENA; and Bukalapak and Carro in Indonesia.

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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: United States, Brazil, Mexico

Investor stats

  • Total investments: 264
  • Round size: Series A $5.3M–$35M; Series B $8M–$107M; Series C $12M–$150M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Sami — Sami is a Brazil-based health plan startup that provides a technology-based solution intended to be used in the healthcare sector. The company focuses on making health care simpler, more efficient, and friendlier by using simplified solutions, thus, providing patients with reduced costs for their medical care needs. Their mission is to transformBrazilian health into something simple, easy, reliable, and accessible, which helps each person to be their best version.Founded by Vitor Asseituno and Luiz Guilherme Berardo in 2018 and is based in São Paulo, Brazil.
  • Thunes — Payment infrastructure for a connected world.
  • InvGate — InvGate is the solution to build a modern service desk and empower IT with total visibility of your IT estate.
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DASH Ventures
VC Fund · Amman, Amman, Jordan · 2 investments in United Arab Emirates Internet startups

DASH Ventures is a Venture Capital firm operating at the forefront of MENA’s rapidly transforming economic landscape.

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Investment focus

  • Industry: E-Commerce, Financial Services, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: Jordan, United States, United Arab Emirates

Investor stats

  • Total investments: 18
  • Round size: Seed $500k–$2.3M; Series A $2.3M–$6M; Series B $5M–$30M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • liwwa — liwwa connects small businesses in need of capital with people who want to invest in them. The company’s peer-to-peer lease-to-own model addresses the capital access and interest-free investor return opportunities. Liwwa conducts in-house reviews of a small business's creditability and enables them to pay a monthly fee to investors. Foundedin 2013, Liwwa raised seed funding with DASH Ventures, al Etihad, and MENA Venture Investments, which it plans to use to hire several new team members, including an underwriting team and to support a new product offering.
  • Caplight — Caplight is a platform that enables institutional investors to buy and sell derivatives of private equity.For the first time in the private markets, institutional investors can hedge positions, generate income on assets, and access true liquidity with public settlement-like mechanics.Caplight serves a broad range of QIBs including hedge funds,VC funds, family offices, pensions, endowments, mutual funds, and insurance firms.Securities are offered by North Capital Private Securities, member FINRA/SIPC, a partner of Caplight Markets LLC.
  • Wellx — Turn your health into currency. At Wellx, we're focused on making you healthier. Insurance helps us make it happen.
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Inspire Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in United Arab Emirates Internet startups

Venture Capital Company based in Riyadh, Saudi Arabia that Invests in Seed & Early-Growth stage companies

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Investment focus

  • Industry: Information Technology, Internet, Wearables
  • Stage:Seed, Convertible Note
  • Geography: Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 4
  • Round size: Seed $550k–$1.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Salla — Salla a Saudi-based e-commerce platform that allows users to set up their e-commerce store in Arabic and sell their products and services to customers. In addition, users can set up their own branded store (with their own domain name) by selecting a design of their liking available on Salla. The owners of the e-commerce stores can then manage theirinventory by using Salla’s website or app. Salla provides different types of reports and tools that help store owners with automatic invoices, integration, Instagram, customer database, the ability to block customers, pin favorite products, have offers and discounts, and more.
  • Gathern — Gathern is a booking platform of private villas, chalets, rest houses, camps, resorts, farms and other places suitable for gatherings.
  • WakeCap Technologies — WakeCap Technologies RTLS is an IoT-based enterprise solution designed to support the digitization process of work sites, Construction, Oil and Gas, Industrial, Manufacture.
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Abunayyan Holding
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in United Arab Emirates Internet startups

Abunayyan Holding are turnkey partners who provide integrated solutions in water, power and energy applications in Saudi Arabia, the Middle East and Africa.

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Investment focus

  • Industry: Information Technology, Internet, Food and Beverage
  • Stage:Series A, Seed
  • Geography: Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 5
  • Round size: Series A $1.3M–$9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Saee — At saee we delivering smiles through fulfilling online orders. Also integrate with saee.sa and deliver your shipments and track the couriers.
  • Lucidya — Lucidya is a tool for social media analytics powered by artificial intelligence and big data solution. lucidya have many uses like market research, benchmarking, crisis management , product development ..etc
  • MUNCH:ON — MUNCH:ON is a food tech startup that has cracked the subscription space in the UAE & KSA, focusing on offering meals from the best restaurants at a significant discount and with free delivery. The company has invested heavily in its scheduling, bundling and order prediction software which has enabled it to achieve massive cost savings for itsrestaurant partners that they then pass on to their users, often offering up to a 55% discount vs. restaurants' regular price. Whether it's employees ordering from their company's curated menu or users ordering for their families at home, the platform takes the usual hassle and cost out of food delivery in a financially (and environmentally) sustainable manner for all stakeholders
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Consolidated Contractors Company
VC Fund · Algiers, Alger, Algeria · 2 investments in United Arab Emirates Internet startups

CCC is the top construction company in Middle East as per the ENR list of top 250 international contractors, carrying out construction, engineering, procurement, development and investment activities.

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Investment focus

  • Industry: Wearables, Construction, Internet of Things
  • Stage:Seed
  • Geography: United Arab Emirates

Investor stats

  • Total investments: 2
  • Round size: Seed $300k–$1.6M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • WakeCap Technologies — WakeCap Technologies RTLS is an IoT-based enterprise solution designed to support the digitization process of work sites, Construction, Oil and Gas, Industrial, Manufacture.
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Integrated Networks
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in United Arab Emirates Internet startups

INTEGRATED NETWORKS CO. LTD. “INET” is a private organization founded in 2001 by a group of prominent Saudi investors, with an aim to provide unique blend of system integration using top-of-the-line products, revolutionary technology and proven expertise & experience.Authorized service provider licensed by Saudi Arabian Monetary Agency forproviding Payment Solutions, including; Point-of-Sales connectivity & management, ecommerce and Loyalty Solutions.Authorized Service Provider licensed by Communication and Information Technology Commission for providing Internet Services as well as network operation services.

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Investment focus

  • Industry: FinTech, Mobile, Internet
  • Stage:Seed, Series A
  • Geography: United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 6
  • Round size: Seed $1M–$2.3M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Enhance Ventures — Enhance is already live in 7 countries and can rapidly develop vertical marketplaces across Middle East, North Africa, Pakistan and Turkey with a higher chance of success.
  • Magnitt — Magnitt is a startup directory that connects investors, mentors, and emerging companies in the Middle East. The discovery platform is a database with over 5,500 MENA startups and over 200 investors.
  • Joi Gifts — Joi Gifts is the best online gift shop for any occasion. Send flowers, cakes, and more with same-day delivery in KSA, UAE, Jordan, Egypt and Middle East.
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Walid Hanna
Angel · Dubai, Dubai, United Arab Emirates · 2 investments in United Arab Emirates Internet startups

Walid Hanna is Founder and CEO at Middle East Venture Partners (MEVP)

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Investment focus

  • Industry: Search Engine, Billing, Internet
  • Stage:Seed
  • Geography: Lebanon, United Arab Emirates

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ARAMOZ — Optimized for the Arab world, Aramoz ® is a powerful job search engine that provides exceptionally extensive, accurate and relevant results. Using a unique blend of sophisticated search technologies and precious human input, Aramoz provides users with unmatched effectiveness. But don’t take our word for it. Just try and compare for yourself…
  • OX FACTORY — I found a great domain name for sale on Dan.com. Check it out!
  • INFOGRAPHIQS — Infographiqs ® is a powerful infographic search engine that provides an exceptional degree of extensiveness, accuracy and relevance. Optimized for infographics only using a unique blend of sophisticated search technologies and precious human input, Infographiqs provides unmatched effectiveness. Try it and compare for yourself…
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Crescent Enterprises
VC Fund · Sharjah, Sharjah, United Arab Emirates · 2 investments in United Arab Emirates Internet startups

Crescent Enterprises operates across four distinct platforms, which work together in synergy to develop innovative, sustainable, and profitable businesses.

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Investment focus

  • Industry: Delivery, Restaurants, Food Delivery
  • Stage:Seed, Series A
  • Geography: United Arab Emirates

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Kitopi — Kitopi is a managed cloud kitchen platform that partners with restaurants to grow their business and expand their delivery reach.
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Faith Capital
VC Fund · Sharq Hawalli, Al Kuwayt, Kuwait · 2 investments in United Arab Emirates Internet startups

Faith Capital is a venture capital firm investing in talented MENA founders building long-term value by developing sound operations at home and abroad.A Kuwait based venture capital fund owned and managed by individuals with proven business experience and success in the GCC.The principal focus of Faith Capital is on e-commerce businesses,based in the region, which have high growth potential for the future.

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Kuwait, Bahrain

Investor stats

  • Total investments: 21
  • Round size: Seed $100k–$3.6M; Series A $3.5M–$8M
  • Lead/follow: 52% lead, 48% follow

Portfolio highlights

  • Nana — Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes.Nana wasestablished in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.
  • Playbook — Playbook accelerates career growth for women through expert-led Masterclasses and an engaged community that enables women to keep learning and leading.
  • One Click Delivery Services — One Click Delivery Services redefines last mile delivery throughout the region. By providing seamless and personalized delivery from local businesses to the consumer’s doorstep, They are closing the last-mile gap between merchants and their customers. Their entire last mile and on-demand delivery is technology-enabled, with a robust deliverymanagement system featuring GPS locations tracking and automated customer notifications.
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Graphene Ventures
VC Fund · Palo Alto, California, United States · 2 investments in United Arab Emirates Internet startups

Graphene - venture fund for innovative startups.

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Investment focus

  • Industry: Software, Health Care, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: United States, Brazil, United Kingdom

Investor stats

  • Total investments: 39
  • Round size: Seed $1.4M–$4.5M; Series A $6M–$13M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Bricksave — Real estate investment paying monthly returns from completed, fully managed property. Invest from just $1,000. Capital at risk. Click here
  • senhasegura — Protecting and controlling the use of generic and high privilege credentials, providing secure storage, access segregation and full traceability of use.
  • Smartlens — Smartlens, Inc. is a medical technology company making non-invasive soft contact lenses as a convenient and affordable way of diurnal IOP (eye pressure) measurement. Smartlens helps with screening, diagnosis, and treatment of Glaucoma - the leading cause of irreversible blindness.
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HALA Ventures
VC Fund · Khobar, Ash Sharqiyah, Saudi Arabia · 2 investments in United Arab Emirates Internet startups

Technology VC that empowers GCC’s startups in their early-growth stages.

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Investment focus

  • Industry: FinTech, Software, Predictive Analytics
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, Saudi Arabia, Egypt

Investor stats

  • Total investments: 25
  • Round size: Seed $284k–$5.6M; Pre-Seed $550k–$730k; Series A $500k–$9M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Torod — Torod is an API aggregator that enables E-store owners to select the best shipper based on price, insurance, destination, and item value, with a single click set-up.
  • Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
  • El-Dokan — El-Dokan is the first enterprise eCommerce software designed for large and growing retail stores in MENA to help them optimize their operations and improve their sales conversion.
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Sahra Growth Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in United Arab Emirates Internet startups

We are Sahra Growth Capital, a middle east based venture fund investing in frontier technology companies with a specialization in SaaS technologies. We bet on the next generation of unicorns, companies that are engorging on the technology space. We aim for unique founders, with distinct backgrounds, who are disrupting the traditional sectors.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Arab Emirates, India

Investor stats

  • Total investments: 25
  • Round size: Seed $520k–$19M; Series A $5.4M–$23M; Series B $31M–$206M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $80M in 2019

Portfolio highlights

  • Airalo — Airalo is the world’s first eSIM store for travellers to access over 190+ eSIMs at the most affordable, local rates from around the world, all via eSIM compatible smartphone, tablet or PC. Airalo offers you both connectivity and freedom - you’ll never have to carry multiple SIM cards or change your number again, no matter where you are in theworld.
  • Channels Inc. — Channels Inc. - Learn how you can leverage the Channels SaaS platform and apps to listen and understand your employees better while simplifying collaboration.
  • FocWell — FocWell is a psychology-based digital wellness platform powered by data, technology, and coaches that helps many people meet their wellness goals from mental health management to stress reduction
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Enabling Future
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in United Arab Emirates Internet startups

Enabling Future (EF) is a sector agnostic, family office backed Venture Capital firm head quartered in Dubai. EF provides seed and early stage funding to entrepreneurs who challenge conventional wisdom and look to create true disruption. Our goal is to enable entrepreneurs to build companies of the future. We provide our portfolio companies withcapital, experience, strategy and network.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Angel
  • Geography: United Arab Emirates, United States, The Netherlands

Investor stats

  • Total investments: 23
  • Round size: Seed $500k–$1M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • NÜWATER — NÜWATER was born out of a desire to combat the harmful impact that plastic bottles have on our environment today. With approximately 8 million tonnes of plastic ending up in the ocean every year, NÜWATER is a recyclable alternative to plastic bottled water. We'd like to put the UAE at the forefront of driving sustainability, to ensure ourfuture generations live in a cleaner, healthier, plastic free world. NÜWATER is sourced from an artesian spring 500 meters underground, one of the deepest springs in the world. Filtered through rich volcanic rock, NÜWATER supplies the body with essential minerals for life. In comparison to desalinated water - a process that is highly energy intensive, removes all the minerals and produces toxic waste in the process. We are proud to say our manufacturing process is 100% Carbon Neutral. We aim to be a Carbon Net Positive company by 2023. see less
  • Trifacta — Trifacta has joined Alteryx to help customers and partners bring even more value to their businesses, powered by breakthrough data analytic insights.
  • Volt Lines — Launched in April of 2018, Volt Lines is a subscription-based transportation network currently serving corporate customers in Istanbul, Turkey. A Volt Lines account gives its user access to unlimited rides on the ever-growing Volt Lines network of micro-transit.
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JP Morgan
VC Fund · New York, New York, United States · 1 investments in United Arab Emirates Internet startups, 24 in the past 12 months

J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years. Our business has been built upon our core principle of putting our clients’interests first.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Debt Financing, Series A
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 151
  • Round size: Series A $5.8M–$31M; Debt Financing $20M–$825M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Mirakl — Mirakl offers the industry’s advanced enterprise marketplace SaaS platform. With Mirakl, organizations across B2B and B2C industries can launch marketplaces faster, grow bigger, and operate with confidence as they exceed rising customer expectations. Platforms are the new competitive advantage in eCommerce, and the world’s most trusted brandschoose Mirakl for its comprehensive solution of technology, expertise, and the Mirakl Connect ecosystem to unlock the power of the platform business model for them. As a result, companies like ABB, Astore by AccorHotels, Best Buy Canada, Carrefour, Catch, Changi Airport, Darty, The Kroger Co., Leroy Merlin, Maisons du Monde, Metro, and Toyota Material Handling gain the speed, scale, and agility to win in the changing eCommerce landscape. For more information: www.mirakl.com.
  • MerQube — MerQube is a cloud native indexing platform designed for designing, calculating, and disseminating financial indices at scale. In the growing space of passive (index-linked) indexing, MerQube provides robust financial indices in the areas of equities, futures and options and ESG and has the expertise that spans market-capitalization weightedindices to risk-premia, volatility, thematics, and ESG.
  • New Era Cap — New Era Cap is a headwear and fashion apparel brand which offers products such as hand crafted caps and T-shirts.
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Ceras Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in United Arab Emirates Internet startups, 7 in the past 12 months

We are a global investment firm that focuses on the disruptive start-ups and provides support to Web 3.0 and blockchain companies.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Germany

Investor stats

  • Total investments: 31
  • Round size: Seed $1.3M–$6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Gameta — Gameta is a web3 company.
  • Magic Square — Discover, use, and manage all dApps, DeFi, NFTs, GameFi, and engage with the community in one convenient place. Magic Square - It's all there.
  • Pop Social — Pop Social is the ultimate social gateway to Web3. Experience a multi-chain social ecosystem and discover your online social lifestyle. Connect and engage with a decentralized global community to leverage content and ownership economy.
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March Holding
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in United Arab Emirates Internet startups

March Holding makes Investment in Commercial Enterprises & Management.

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Investment focus

  • Industry: Public Transportation, Transportation, Information Technology
  • Stage:Seed, Series A, Convertible Note
  • Geography: United Arab Emirates, Iraq, Turkey

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Baly — Baly is the cheapest and fastest taxi application in Baghdad.
  • Zbooni — Customers are most receptive on social and messaging apps today. Bring the checkout experience to them, in real-time.
  • Lyve Global — Get the ultimate e-commerce experience with Lyve Order. Enjoy consistent updates with new features and fixes, fully branded experiences, and fully localized solutions for global reach.
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Omar Aljeraisi
Angel · 1 investments in United Arab Emirates Internet startups

Omar Aljeraisi

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Investment focus

  • Industry: FinTech, Internet
  • Stage:Seed
  • Geography: United Arab Emirates

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Funding Souq — Funding Souq connects established SMEs in Saudi Arabia and the UAE with retail and institutional investors worldwide. Investors earn up to 15% per annum
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Yan Hascoët
Angel · 1 investments in United Arab Emirates Internet startups

Yan Hascoët

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Investment focus

  • Industry: Banking, Finance, Cannabis
  • Stage:Angel, Seed, Series A
  • Geography: France, United Arab Emirates

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Spades — Guests Scan a QR code to view the menu and Pay, they can also Split the amount and Tip the staff. Now faster than ever.
  • Memo Bank — Memo Bank is a new bank for small & medium-sized businesses.
  • Roof — Roof provides private co-living studios for students with common areas.
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Al Ghussain
Angel · 1 investments in United Arab Emirates Internet startups

Al Ghussain

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Investment focus

  • Industry: Internet, Recruiting, Career Planning
  • Stage:Seed
  • Geography: United Arab Emirates

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Bloovo — BLOOVO is an innovative online recruitment platform, which adopts algorithms in the recruitment process, offering unique recruitment solutions in an interactive manner to both employers and job seekers in the Gulf region. BLOOVO aims to eliminate the job-mismatch hurdles through the introduction of insightful algorithm-based features and theprovision of enhanced and more affordable services.
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Crealize
VC Fund · Essen, Nordrhein-Westfalen, Germany · 1 investments in United Arab Emirates Internet startups

We empower humans to crealize positive marks, cultivating a worldwide movement of entrepreneurs.

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Investment focus

  • Industry: Education, Automotive, E-Commerce
  • Stage:Pre-Seed, Series A, Series B
  • Geography: Germany, United Arab Emirates

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Seez ApS — Automotive tech products to make your dealerships truly digital.
  • Classcamp — Classcamp is building the next generation of online learning. Our unique group-learning format is 10x more engaging than conventional online courses, by leveraging community and human-to-human interaction. We're building the tooling required to run a next-gen online teaching business, as well a consumer-facing marketplace for discoveringnext-gen programs.
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Crescent Enterprises Venture Capital
VC Fund · Sharjah, Sharjah, United Arab Emirates · 1 investments in United Arab Emirates Internet startups

CE-Ventures is our corporate venture capital platform that invests in early to growth stage technology-enabled start-ups and select venture funds regionally and globally.

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Investment focus

  • Industry: E-Commerce, Food Delivery, E-Commerce Platforms
  • Stage:Series B, Series D, Grant
  • Geography: United Arab Emirates, India

Investor stats

  • Total investments: 8
  • Round size: Series B $20M–$60M; Series D $18M–$40M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Bookends — Buy and sell pre loved books! Bookends is an online book store and marketplace for used books in the UAE with a wide collection to cater all genre, language and ages.
  • Furlenco — Rent furniture & appliances from India's first online furniture rental company. Furnish your home with our thoughtfully designed furniture. Start living better now!
  • NorthLadder — Sell your phone for instant cash. Get on-the-spot payment for old or used electronics like phones, tablets, laptops, iPhones, and smartwatches. Free pick-up!
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Propeller Inc.
VC Fund · Amman, Amman, Jordan · 1 investments in United Arab Emirates Internet startups

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.

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Investment focus

  • Industry: Software, Information Technology, Computer
  • Stage:Seed, Pre-Seed
  • Geography: Jordan, Egypt, United States

Investor stats

  • Total investments: 9
  • Round size: Seed $350k–$3.5M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Maqsam — Maqsam is MENA’s friendliest cloud communication suite for SMBs and Enterprises, replacing a bulky and expensive hardware-based solution used by businesses to communicate with their clients with a simple cloud-based pay-as-you-go solution. Maqsam provides its clients with local numbers from more than 200+ cities around the world (with a focus onMENA), and offers high quality voice calls, SMS, Whatsapp messaging, and seamless integrations to 10+ popular cloud CRMs.
  • Gameball — Gameball is a one-stop platform to market your products and keep your customers engaged, leading to boosted conversion and increased RoI with a data-driven success strategy.
  • BusinessChat Technologies Holding limited — BusinessChat : Make WhatsApp your #1 sales channel using Marketing Campaigns, WhatsApp chatbot for 24/7 automated replies.
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Cypher Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in United Arab Emirates Internet startups, 8 in the past 12 months

Cypher Capital is a web3 and blockchain venture capital investment firm.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed
  • Geography: United Arab Emirates, South Korea, Saint Kitts and Nevis

Investor stats

  • Total investments: 8
  • Round size: Seed $1M–$1.5M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Lyvely — Lyvely is a social networking and content monetization platform that provides an integrated multimedia e-commerce and payments solution.
  • zkLink — zkLink is a unified middleware layer connecting L1 chains and L2 networks with zk-SNARKs technology, reshaping the crypto landscape for DeFi, NFT, and RWA trading.
  • Dspace — DSpace is a Web3 social protocol powered by AIGC, LBS, AR, and blockchain technologies, providing users with innovative Gamefi-integrated social interactions, bridging the gap between Web3 and physical reality.
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Greylock
VC Fund · Menlo Park, California, United States · 1 investments in United Arab Emirates Internet startups, 24 in the past 12 months

Greylock Partners is a leading venture capital firm based in Silicon Valley. We are early partners of remarkable teams building companies that matter.

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Investment focus

  • Industry: Software, Information Technology, Enterprise Software
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 605
  • Round size: Seed $1M–$5.5M; Series A $2.8M–$25M; Series B $11M–$50M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Frec — Next-level investing without a wealth advisor. Low-cost direct indexing with supercharged tax savings. Earn high interest on cash with Treasury.
  • PayJoy — Looking for a phone or a cash loan? PayJoy gives you credit with few requirements and in minutes. No late fees charged.
  • Upwind Security — Upwind Security creates and develops software and online tools that ensures security of cloud infrastructure. It manages runtime environments of the cloud platform.
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Impact46
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in United Arab Emirates Internet startups

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Investment focus

  • Industry: E-Commerce, Financial Services, Predictive Analytics
  • Stage:Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, Oman

Investor stats

  • Total investments: 46
  • Round size: Seed $1.3M–$5M; Series A $5M–$37M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Zid زد — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
  • DataLexing — DataLexing is an All-in-One Data-Driven productivity platform that brings Insights, Apps, Notifications, Forms, and Sheets together in one place.
  • Al Matar Group — Al Matar Group provides individuals and businesses with technical travel solutions.
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Christian Kunz
Angel · 1 investments in United Arab Emirates Internet startups

Christian Kunz, Head of Group Strategy and Innovation at Dubai International Financial Centre (DIFC) - Shaping the Future of Finance in the region.

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Investment focus

  • Industry: FinTech, Internet
  • Stage:Seed
  • Geography: United Arab Emirates

Investor stats

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

Portfolio highlights

  • Funding Souq — Funding Souq connects established SMEs in Saudi Arabia and the UAE with retail and institutional investors worldwide. Investors earn up to 15% per annum
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Mazin Alzaidi
Angel · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in United Arab Emirates Internet startups

Mazin Alzaidi, General Partner at STV.

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Investment focus

  • Industry: FinTech, Internet
  • Stage:Seed
  • Geography: United Arab Emirates

Investor stats

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

Portfolio highlights

  • Funding Souq — Funding Souq connects established SMEs in Saudi Arabia and the UAE with retail and institutional investors worldwide. Investors earn up to 15% per annum
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Enterprise Fund
VC Fund · 1 investments in United Arab Emirates Internet startups

Venture Capital & Private Equity

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Investment focus

  • Industry: SEM, Apps, Software
  • Stage:Seed, Series A
  • Geography: United Kingdom, United Arab Emirates

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Zbooni — Customers are most receptive on social and messaging apps today. Bring the checkout experience to them, in real-time.
  • Weaver.build — Weaver.build is a contractor marketplace for home renovations
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Viola Ventures
VC Fund · Herzliya, Tel Aviv, Israel · 1 investments in United Arab Emirates Internet startups, 8 in the past 12 months

Viola Ventures is a venture capital firm that invests in Israeli or Israeli-related early-stage techology companies, in key market segments including FinTech, Consumer, Enterprise Infrastructure & Applications, Frontier & Deep Technologies (automotive, IOT, AR/VR, drones), Robotics and AgTech.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: United States, Israel, United Kingdom

Investor stats

  • Total investments: 176
  • Round size: Series A $3M–$15M; Series B $5M–$22M; Series C $6M–$21M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Duetti — Duetti acquires music catalogs from independent artists a-la-carte with transparent, data-driven deals. Fund your career and breathe new life into tracks with uniquely intelligent marketing. Partner with us one track at a time, or even just a percentage of one.
  • Volumez — Volumez is SaaS composable data infrastructure. With Volumez, you can deploy applications in your cloud with precise control of IO characteristics using a fully declarative interface.
  • Alive — Alive is building a globally leading decentralized artificial intelligence platform supported by a global community of developers, individuals, economists and technologists.The Alive Foundation is a steward, and will support and grow the Alive community until it becomes self-sufficient. Time51 Labs helped launch Alive, and currently serve asadvisors to the Foundation and operators.
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Harveen Narulla
Angel · Singapore, Central Region, Singapore · 1 investments in United Arab Emirates Internet startups

Harveen is an entrepreneur. After an early career as a lawyer with top-tier firms in Singapore, he spent a decade in various lead roles in technology ventures. This included co-founding and heading Hatcher, a leading technology venture builder in Singapore, whose portfolio includes Dropsuite (ASX:DSE), Telr (Middle East’s fastest growingonline payment processor), SocialCops (India’s leading comprehensive big data play) and Hatcher+ (big data transforming venture capital investing). Harveen also co-founded Pan African Logistics (PAL), which has grown into a leading third-party logistics player in East Africa. Harveen’s key competences include assembling and aligning strong teams, marshaling resources to start and grow businesses, deal negotiation and acquisitions, spotting arbitrage opportunities, and interventionist and supporting board roles.

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Investment focus

  • Industry: E-Commerce, FinTech, Financial Services
  • Stage:Seed
  • Geography: Singapore, India, United Arab Emirates

Investor stats

  • Total investments: 6
  • Round size: Seed $320k–$2M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Telr — Established in 2014, Telr is an award-winning, Dubai-based start-up offering payment gateway solutions for SME’s, government bodies and large corporates. Its wholly owned, unique platform enables it to handle complex or unique payment methods or integrations. TELR was awarded with the prestigious Start-up of the Year award in 2014 only month’safter officially launching. In 2015 it won Best Payment Product in the Middle East award, whilst in 2017 it was awarded Innovative Vendor – Fintech at the 2017 GEC Awards in Dubai.With a fast-growing presence in the UAE, Saudi Arabia, and India, TELR is building a wider regional presence in the MENA Region. TELR enables businesses to transact in over 120 currencies with payment platform capabilities in 30 languages and it provides customers with a range of financial and business services that include social commerce, QR Codes, anti-fraud protection, Shopping Cart Integrations, and digital invoicing. TELR is the first PCI DSS Level 1 certified company in MENA (payment security standards council).
  • SocialCops — SocialCops are partner with leaders and organizations around the world to make data-driven decisions easier and more effective. Their work helps build a world with smarter cities, happier citizens, better policies, and a brighter future.Today's model of engaging with data — both the data they use and how they use it — is broken. Dataintelligence is the solution. It starts with finding all the data you need for your decision — extracted from elaborate internal systems, sourced from places you never would have thought to look, and unified with real-time data. they then transform this mass of data into intelligent insights that make the best decision obvious.SocialCops is backed by 500 Start-ups; Rajan Anandan, Managing Director of Google India; and Manoj Menon, Managing Director of Frost and Sullivan APAC. Its team consists of engineers and data scientists. The company won the love of the Forbes India '30 under 30', World Summit Youth Award, and IBM Smart Planet Challenge.
  • Inzen Studio — 5 game developers met at the Singapore-MIT Gambit Game Lab. They’d worked on a couple of kick-ass games before, ranging from a cult-hit fighting game that was almost violence perfected, to a popular vertical shooter involving some seriously enraged dots which you controlled by literally sketching out awesome attack formations. Though they had a lotof fun at the time, they wanted to create more immersive play experiences.. especially ones involving Giant Mecha Gorillas! Enter Inzen Studio.Starting in Oct 2012, Inzen Studio is now a band of 11 fired up developers across Singapore, Uruguay and China.Inzen draws inspiration from Asian entertainment throughout the years. Being big fans of manga, anime and the games that were released in the 90s, we cheered when Shōhoku faced off against Sannoh, we laughed when Ultraman forgot how to activate his powers and we felt awesome when we punched our Sega Saturn controllers like Segata Sanshiro.
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Seera
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in United Arab Emirates Internet startups

Seera is formerly known as Al Tayyar Travel Group is a travel and tourism company with a balanced portfolio of trusted brands that consistently exceeds customer expectations. The company is transforming the traditional travel agency model, by bringing its online capabilities and know-how into retail environments through Almosafer and Tajawal, theirConsumer Travel brands. They building the smartest, most intuitive business platform in the industry with Elaa, the travel management brand, with a key focus on creating better value for the corporate and government sector.Seera discover seamless and connected travel services for consumers through its two leading brands such as Almosafer and Tajawal. It was founded in 1980 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.

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Investment focus

  • Industry: Internet, Shopping, Logistics
  • Stage:Series A, Series B, Series C
  • Geography: United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 6
  • Round size: Series A $7.5M–$67M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Wadi — I found a great domain name for sale on Dan.com. Check it out!
  • Careem — Ride, order food and grocery, make mobile payments and more. We're the region's leading multi-service app.
  • Siwar — Siwar is a Saudi Arabia-based food tech startup with a special focus on ‘ready to eat’ food.
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Resonance
VC Fund · Paris, Ile-de-France, France · 1 investments in United Arab Emirates Internet startups

Resonance partners with early-stage founders, helping them to shake up their industry. Resonance is a €150m VC fund investing between €500k and €10m at Seed and Series A rounds in European tech firms.

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Investment focus

  • Industry: Privacy, Software, Developer APIs
  • Stage:Pre-Seed, Series A
  • Geography: France, United Kingdom, United Arab Emirates

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $2.3M–$5.4M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • ZELIQ — Meet the best leads and convert them faster than ever, thanks to AI. And a bit of love from Zeliq.
  • Animaj — Explore the future of storytelling where AI meets creativity at Animaj Lab. Join us on a journey to revolutionize kids' entertainment, crafting captivating content that keeps the digital-first generation engaged and inspired.
  • Revibe — Buy refurbished & used electronics (Smartphones, Laptops) in UAE at Revibe. Free delivery & 12 months warranty. Certified tech by our experts. Order Now!
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Sinteza Venture Studio
VC Fund · 1 investments in United Arab Emirates Internet startups

We invest and support Future of Work projects

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Investment focus

  • Industry: B2B, SEO, SaaS
  • Stage:Pre-Seed
  • Geography: United Arab Emirates

Investor stats

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

Portfolio highlights

  • Gloc.al — Decrease Customer Acquisition Cost Through GLOCAL Magic Software & 300+ Cities The Network!... Your Business Website Name Your Search Engine Traffic Will Fly!
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Internet Investor funding in United Arab Emirates at a glance

Stats across 83 deals from 99 investors.

99
investors
in United Arab Emirates Internet startups
83
deals
in United Arab Emirates Internet startups
$600k
median round
in United Arab Emirates Internet startups
32%
lead investors
lead at least one round
41%
Seed
most common funding stage
81/19
VC / Angel
share of investor count

Access all 99 investors in United Arab Emirates Internet startups.

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