# Top 20 VC (Venture Capital) Funds in Tunisia in May 2026

## Flat6Labs Tunisia
- Type: VC Fund
- Location: Tunis, Tunis, Tunisia
- Relevant deals: 22
- Stages: Pre-Seed, Seed
- Focus: E-Commerce, Retail, Education

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
- Type: VC Fund
- Location: Gîza, Al Jizah, Egypt
- Relevant deals: 9
- Stages: Seed, Pre-Seed
- Focus: Software, E-Commerce, Apps

Flat6Labs is the MENA region’s leading seed and early stage venture capital firm, currently running the most renowned startup programs in the region. Annually, Flat6Labs invests in more than 100 innovative and technology-driven startups enabling thousands of passionate entrepreneurs to achieve their daring ambitions and ultimately becoming theirinstitutional co-founders. Flat6Labs manages a number of seed funds with a total AUM in excess of $85M. More than 25 leading institutions have invested into the Flat6Labs managed funds; believing in the asset class and Flat6Labs’ proven track record as the market leader.. Flat6Labs provides a wide range of investment ticket sizes ranging from $50K to $500k, supporting startups through their early journeys from Pre-Seed all the way to Pre-Series A stages. Alongside to the investments, Flat6Labs’ exceptional startup programs, executed to cater specifically for the needs of the innovative entrepreneurs, helps them accelerate their growth by providing them with a plethora of support services and connecting them to unparalleled opportunities with an expansive network comprising hundreds of business mentors, investors and corporates. Launched and headquartered in Cairo since 2011, Flat6Labs has multiple offices across the region; with ongoing plans to expand into other emerging markets.

## AfricInvest
- Type: VC Fund
- Location: Tunis, Tunis, Tunisia
- Relevant deals: 4
- Stages: Private Equity, Series A
- Focus: Manufacturing, Financial Services, FinTech

AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based inseven offices.AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare.

## 216 Capital
- Type: VC Fund
- Location: Tunis, Tunis, Tunisia
- Relevant deals: 3
- Stages: Seed
- Focus: Energy, Fashion, Analytics

We are a team of international tech entrepreneurs and startups experts funding great founders at Pre-Seed and Seed stages from Tunisia and beyond.
We want to connect with teams transforming the world with technology.
Contact us to take your startup to the next level.

## Proparco
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 3
- Stages: Debt Financing, Series B
- Focus: Financial Services, Finance, Energy

Proparco is devoted to private sector funding in the sustainable development sector.

## Launch Africa
- Type: VC Fund
- Location: Ebène, Plaines Wilhems, Mauritius
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Financial Services, FinTech, Information Technology

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa.

## European Bank for Reconstruction and Development
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Debt Financing, Series A, Series B
- Focus: Financial Services, Banking, Finance

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

## UGFS
- Type: VC Fund
- Location: Tunis, Tunis, Tunisia
- Relevant deals: 2
- Stages: Seed
- Focus: Software, Marketplace, Mobile Apps

United Gulf Financial Services-North Africa, established on November 2008, is an asset management company licensed by and working under the control of Tunisian Capital Market Authorities CMF.They offer a comprehensive access to the Tunisian financial market. They provide services through their different business platforms: private equity, assetmanagement, advisory and corporate finance.Their clients are investors such as individuals, corporations and financial institutions.

## Orange Ventures
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Seed, Series B, Series C
- Focus: Software, FinTech, Financial Services

Orange Ventures is the Venture Capital Fund of the Orange Group, with 350m euros under management

## Maxula Seed Fund
- Type: VC Fund
- Location: Tunis, Tunis, Tunisia
- Relevant deals: 2
- Stages: Seed
- Focus: SaaS, AgTech, Gaming

Maxula Seed Fund is to offer both financings to startups to develop their activity and new ideas to the companies.

## Cathay Innovation
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: Software, Artificial Intelligence, FinTech

A Global Venture Capital Platform Connecting Innovators Everywhere

## Zitouna Capital
- Type: VC Fund
- Location: Jeddah, Makkah, Saudi Arabia
- Relevant deals: 1
- Stages: Seed
- Focus: Analytics, Information Services, Management Consulting

Zitouna Capital is a islamic microfinancing firm.

## CrossBoundary
- Type: VC Fund
- Location: Nairobi, Nairobi Area, Kenya
- Relevant deals: 1
- Stages: Seed
- Focus: Energy, Analytics, Renewable Energy

CrossBoundary Energy's renewable energy solutions help decarbonize enterprise by providing cleaner, cheaper and more reliable power.

## DAAL
- Type: VC Fund
- Location: Al Khobar, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Convertible Note, Pre-Seed
- Focus: E-Commerce, Software, SaaS

The aim of Daal is to create excellent opportunities for investment by providing mentorship and business development insights to companies within the IT space.

## CDC Gestion
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Analytics, Information Services, Management Consulting

A mutual fund management company.

## Vision Ventures
- Type: VC Fund
- Location: Dammam, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, Software, Information Technology

Vision Ventures (VV) is an early stage venture capital firm founded by experienced entrepreneurs. Its slogan is:"By Entrepreneurs for Entrepreneurs". We invest in innovative startups in the Seed and Series A across a wide range of verticals. We help startups realize their dreams and make a difference in a noisy world. We are an energeticteam that has a wealth of experience in starting companies and steering them to success and hyper growth. Our combined experience spans over 90 years in multiple countries which gives us extensive experience in multi-national, multi-cultural teams. We provide startups with hands on assistance and guidance on marketing, sales, product/service development, financial planning and management, expansion & growth strategy, and more.

## Kepple Africa Ventures
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Financial Services, FinTech, Software

Kepple Africa Ventures is an early-stage venture capital firm.

## Wamda
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Information Technology, Logistics, EdTech

Wamda is a platform of programs and networks that aims to accelerate entrepreneurship ecosystems across MENA.

## Capsa Capital Partners
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Insurance, Automotive, Financial Services

Capsa Capital Partners is an Asset Management firm

## BH Equity
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Software, Web Development

BH Equity operates as a venture capital investment company.

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