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Top 5 Transportation VC (Venture Capital) Funds in Iraq in October 2023

A list of 5 VC (Venture Capital) funds that invest in Transportation startups based in Iraq. We rank investors based on the number of investments they made in Transportation companies from Iraq. We update this investor list every month.

Top 5 Transportation VC (Venture Capital) Funds in Iraq in October 2023

Investor Transportation Iraq investments
Global Founders Capital 2
Majid Al Futtaim Holdings LLC. 2
Kingsway Capital 2
Vostok Ventures 2
March Holding 2

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Investor list
Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 36 investments in the past 12 months

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

  • Financial Services, Software, FinTech
  • Seed, Series A, Pre-Seed
  • United States, Germany, United Kingdom

Portfolio highlights

  • Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
  • Momento — Momento is an insurtech company with the objective of revolutionizing the insurance industry in Latin America, starting with car insurance. We want to make insurance easy and accessible for the underserved population in LATAM.
  • Equilibrium Energy — Equilibrium Energy operates at the intersection of grid variability, market volatility, economic optimization, commercial structuring, trading, and risk management, across the end-to-end power value chain. Their ambition is to become a next-generation clean power company that reshapes the energy industry. They address inquiries through onlineapplications.
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Majid Al Futtaim Holdings LLC.
VC Fund · Dubai, Dubai, United Arab Emirates

Majid Al Futtaim is a leading integrated lifestyle provider with brands across industries such as shopping malls, Hotels, Cinema, Hypermarket & much more.

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Investment focus

  • Taxi Service, Transportation, Public Transportation
  • Seed
  • Iraq

Portfolio highlights

  • Baly — Baly is the cheapest and fastest taxi application in Baghdad.
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Kingsway Capital
VC Fund · London, England, United Kingdom · 5 investments in the past 12 months

Kingsway Capital is a investment management firm.

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Investment focus

  • Financial Services, FinTech, Cryptocurrency
  • Seed, Series B, Series A
  • United States, United Kingdom, Germany

Portfolio highlights

  • LandVault — In-Play is a non-intrusive monetization solution for games and digital spaces that puts player experience first.
  • TinyTap — TinyTap, the world's largest library of games by teachers, becomes a part of Animoca Brands to build an open education system on blockchain
  • Mocaverse — Mocaverse is the Animoca Brands membership NFT collection of 8,888 unique beings: The Mocas. Join the Mocas in the realms to Learn, Play, Do Good, and Build together as we champion our Web3 values!
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Vostok Ventures
VC Fund · Kyiv, Kyyiv, Ukraine

Vostok Ventures makes seed and early stage venture investments in IT projects from Eastern Europe. It focuses on mobile applications, e-commerce, cloud services, and the gaming industry. Vostok Ventures was co-founded by Michael Kharenko and Svyatoslav Pogrebnoy, and is based in Kyiv, Ukraine.

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Investment focus

  • Transportation, Bakery, Mobile Apps
  • Series B, Seed, Series A
  • Egypt, Iraq, Ukraine

Portfolio highlights

  • Baly — Baly is the cheapest and fastest taxi application in Baghdad.
  • Swvl — Swvl | Book Your Daily Ride or Make Money Driving Now
  • Breadfast — Fast & smooth shopping experience for the household.
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March Holding
VC Fund · Dubai, Dubai, United Arab Emirates

March Holding makes Investment in Commercial Enterprises & Management.

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Investment focus

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

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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