As an early stage venture capital firm in the UAE, our vision is to reinvent the Middle East through innovation and technology entrepreneurship.
Whether at the Seed, or through to Series B, we love investing and supporting early stage technology ventures in the Middle East. As ex-entrepreneurs ourselves, we know it’s not always easy to get a startup off the ground. We were in your shoes once upon a time, and we’ve gone through the journey too, from the kernel of an idea, and all the way through to raising funds to build something special.
We like Bold and Daring Founders looking to tackle whitespaces with Deep Regional markets or founders emanating from the region with Global Aspirations that have demonstrated Product Market Fit.
We are sector agnostic, we follow the best visionary founders building lasting and robust technology and technology enabled businesses. We do however have an affinity for businesses which demonstrate high defensibility through moats, switching costs and capital efficient models.
We like to lead Late Seed, pre Series A, and Series A rounds where we aim for an initial ownership of at least 15% with greater flexibility towards more capital efficient business models.
Our ideal initial investment is up to $2m. However, we can go as high as $5m depending on ownership and how much Product Market Fit is demonstrated.
We only invest in founders and/or engineering teams that are based in the GCC, Egypt, Jordan and Lebanon. Venture capital requires proximity, especially at the stages where we help create value from Late Seed through to Series B and so being physically close to the founding team is important for us to compound value creation for you.