Most Active VC Firms Based in the UAE

Exploring the Key Players Driving Innovation and Growth in the UAE's Vibrant Startup Ecosystem

The United Arab Emirates has rapidly emerged as a thriving hub for venture capital, with numerous firms playing pivotal roles in shaping the startup ecosystem. From fintech to healthtech and beyond, these VC firms are not only fueling innovation but also driving economic growth across the region. In this article, we spotlight some of the most active venture capital firms in the UAE, highlighting their leadership, investment focus, and standout portfolio companies.

Beco Capital

  • 🏦 HQ: United Arab Emirates

  • 🎯 Target Sectors: Consumer, Enterprise, Fintech, healthcare, Web3

  • 👨‍💻👩‍💻 Leadership: Dany Farha, Yousef Hammad,

  • 🔢 Number of Investments: 50-100

  • 💰️ Number of Exits: 1-10

  • 👜 Notable Portfolio companies: Careem, Ajar, Bayzat, RemotePass, NasAcademy, MaxAb

Dtec Ventures

  • 🏦 HQ: Dubai, UAE

  • 👨‍💻👩‍💻 Leadership: William Chappell

  • 🔢 Number of Investments: 10-50

  • 💰️ Number of Exits: 1-10

  • 👜 Notable Portfolio companies: Vuz, Paymennt, Orgam

Dubai Future District Fund

  • 🏦 HQ: Dubai, UAE

  • 👨‍💻👩‍💻 Leadership: Nader Al Bastaki, Amer Fatayer

  • 🔢 Number of Investments: 10-50

  • 💸 AUM: $272 million

  • 👜 Notable Portfolio companies: NymCard, Vuz, MamoPay

EQ2 Ventures

  • 🏦 HQ: Dubai, UAE

  • 👨‍💻👩‍💻 Leadership: Patrick Thiriet

  • 🔢 Number of Investments: 10-50

  • 💰️ Number of Exits: 1-10

  • 👜 Notable Portfolio companies: Eyewa, ArabyAds, Abwaab

Global Ventures

  • 🏦 HQ: United Arab Emirates

  • 🎯 Target Sectors: Web3, Mobility & Logistics, Infotech, Future of Work, E-commerce, Agritech, Fintech, Digital Health, Edtech, Food-tech, Insurtech, and Cyber Security

  • 👨‍💻👩‍💻 Leadership: Noor Sweid

  • 🔢 Number of Investments: 50-100

  • 💰️ Number of Exits: 1-10

  • 👜 Notable Portfolio companies: Tabby, Lean, Thndr

Middle East Venture Partners

  • 🏦 HQ: United Arab Emirates

  • 🎯 Target Sectors: E-commerce Marketplaces, Mobility, New Media, Enterprise, SaaS, BaaS, IoT, E-education, E-health, Others

  • 👨‍💻👩‍💻 Leadership: Ali Almajthoob, Ankit Sarwahi, Sarrah Aljuaid

  • 🔢 Number of Investments: 50-100

  • 💰️ Number of Exits: 1-10

  • 👜 Notable Portfolio companies: Anghami, Hala, Nana

Nuwa Capital

  • 🏦 HQ: Dubai, UAE

  • 👨‍💻👩‍💻 Leadership: Khaled Talhouni

  • 🔢 Number of Investments: 10-50

  • 💰️ Number of Exits: 1-10

  • 👜 Notable Portfolio companies: Calo, Eyewa, Homzmart

Oryx Fund

  • 🏦 HQ: Abu Dhabi, UAE

  • 👨‍💻👩‍💻 Leadership: Ali Qaiser, Ivo Detelinov

  • 🔢 Number of Investments: 10-50

  • 👜 Notable Portfolio companies: GrubTech, Alma Health, Holo

Shorooq Partners

  • 🏦 HQ: United Arab Emirates

  • 🎯 Target Sectors: Fintech, Software, Platforms, and Frontier Tech

  • 👨‍💻👩‍💻 Leadership: Mahmoud Adi, Shane Shin

  • 🔢 Number of Investments: 100-150

  • 💰️Number of Exits: 1-10

  • 👜 Notable Portfolio companies: Tamara, Trukker, Lean Technologies

VentureSouq

  • 🏦 HQ: United Arab Emirates

  • 🎯 Target Sectors: FinTech and ClimateTech

  • 👨‍💻👩‍💻 Leadership: Suneel Gokhale, Sonia Weymuller, Sonia Gokhale, Tammer Qaddumi

  • 🔢 Number of Investments: 150-200

  • 💰️ Number of Exits: 1-10

  • 👜 Notable Portfolio companies: Andela, Baraka, Huspy

VY Capital

  • 🏦 HQ: Dubai, UAE

  • 👨‍💻👩‍💻 Leadership: Alexander Tamas

  • 🔢 Number of Investments: 50-100

  • 💰️ Number of Exits: 1-10

  • 👜 Notable Portfolio companies: X, Reddit, XAI

Wamda Capital

  • 🏦 HQ: United Arab Emirates

  • 🎯 Target Sectors: Fintech, Education, Consumer, Real Estate, and more.

  • 👨‍💻👩‍💻 Leadership: Fadi Ghandour, Fares Ghandour

  • 🔢 Number of Investments: 100-150

  • 💰️ Number of Exits: 1-10

  • 👜 Notable Portfolio companies: Tabby, Hala, Moove, Clara

The UAE's venture capital landscape is dynamic and diverse, with firms like Beco Capital, Global Ventures, and Wamda Capital leading the charge in backing innovative startups. Their investments span a wide range of sectors, from fintech to consumer tech, each contributing to the country's growing reputation as a global startup hub. As these firms continue to invest and support the next generation of entrepreneurs, the UAE is poised to remain at the forefront of the region's venture capital scene.