Top 5 Mobile VC (Venture Capital) Funds in Lebanon in October 2023
Top 5 Mobile VC (Venture Capital) Funds in Lebanon in October 2023
| Investor | Mobile Lebanon investments |
|---|---|
| Phoenician VC | 4 |
| Middle East Venture Partners (MEVP) | 3 |
| Crescent Capital | 1 |
| Kafalat iSME | 1 |
| Mulcan International Investments. | 1 |
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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 ...
Show more...Investment focus
- Financial Services, Software, FinTech
- Seed, Series A, Funding Round
- Lebanon, United Arab Emirates, Egypt
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.
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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- E-Commerce, Software, SaaS
- Series A, Seed, Series B
- United Arab Emirates, Lebanon, United States
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.
Crescent Capital is a Belfast based venture capital fund manager
Show more...Investment focus
- Manufacturing, Medical, Enterprise Software
- Seed, Series B, Funding Round
- United States, United Kingdom, Lebanon
Portfolio highlights
- Ostaz — Ostaz is a mobile and peer-to-peer educational platform connecting students seeking help in a specific course to qualified private tutors.
- PayHalal — Islamic Fintech in internet payments gateway space and ewallet issuing space . Services include merchant acquiring. We are licensed by Malaysian Central Bank for merchant acquiring. PayHalal offers PSaaS for Islamic Digital Banks and payment gateways in the halal space.
- Photonic Measurements — Photonic Measurements is a UV254 device designer and manufacturer based in Lisburn in N.Ireland. Full range of products including analysers, probes/sensors and dip probes
The iSME Programme is a USD 30 million initiative funded by the Government of Lebanon and the World Bank.
Show more...Investment focus
- Education, Grocery, Internet
- Series A, Seed
- Lebanon
Portfolio highlights
- Toters — Fast & easy delivery. GET THE APP
- Ostaz — Ostaz is a mobile and peer-to-peer educational platform connecting students seeking help in a specific course to qualified private tutors.
- Kamkalima — Arabic e-Learning platform that provides high-tech & interactive educational content in line with the modern academic systems.
MULCAN is the ideal partner for businesses seeking liquidity, growth capital or recapitalization.
Show more...Investment focus
- Education, 3D Printing, Health Care
- Seed, Series A, Series B
- Germany, Lebanon
Portfolio highlights
- Ostaz — Ostaz is a mobile and peer-to-peer educational platform connecting students seeking help in a specific course to qualified private tutors.
- Mecuris — Mecuris strives to be the key enabler for digitally manufactured O&P solutions worldwide. They empower O&P professionals to co-create customised O&P products and enrich wearer’s lives within 24 hours.To reach this goal, they team up with O&P professionals to co-create - with users and wearers - customised O&P products. Theirdigital mindset and 3D printing know-how synergise in the Mecuris Solution Platform, which simplifies the work of O&P professionals and enriches wearers’ lives.The Mecuris Solution Platform uses patient data and scans to semi-automatically individualise 3D designs of patient aids. It makes them ready-to-print at a local 3D printing hub. This enables a 100% customised fit, functionality and look. They thereby cut production times by 75% for the medical practitioners and wearers.
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