Overview
International venture capital firm investing in emerging markets.
Founded
2018
Deals · 12mo
3
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Paymob | Sep 2026Participated | $35 MSeries C | |
Maalexi | Jun 2026Led | $3 MOther Equity | |
ICEYE | May 2026Participated | $348 MDebt | |
PoliCloud | Jun 2025Led | $9 MSeed | |
Tarjama | May 2025Led | $15 MSeries A | |
Iyris | May 2024Participated | $16 MSeries A | |
Hakbah | Jan 2024Participated | $5 MSeries A | |
Maalexi | Jan 2024Led | $3 MSeries A | |
Immensa | Nov 2023Led | $20 MSeries B | |
spiderSilk | Nov 2023Participated | $9 MOther Equity | |
Almouneer | Oct 2023Led | $4 MSeed | |
Elsa | Sep 2023Participated | $23 MSeries C | |
Paymob | Sep 2026Participated | $35 MSeries C | |
Maalexi | Jun 2026Led | $3 MOther Equity | |
ICEYE | May 2026Participated | $348 MDebt | |
PoliCloud | Jun 2025Led | $9 MSeed | |
Tarjama | May 2025Led | $15 MSeries A | |
Iyris | May 2024Participated | $16 MSeries A | |
Hakbah | Jan 2024Participated | $5 MSeries A | |
Maalexi | Jan 2024Led | $3 MSeries A | |
Immensa | Nov 2023Led | $20 MSeries B | |
spiderSilk | Nov 2023Participated | $9 MOther Equity | |
Almouneer | Oct 2023Led | $4 MSeed | |
Elsa | Sep 2023Participated | $23 MSeries C |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 8 | 3 |
| Series A | 9 | 9 |
| Series B | 4 | 5 |
| Series C+ | 0 | 3 |
| Other Equity | 2 | 2 |
| Debt | 0 | 1 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Feb '20 | 2 |
| Mar '20 | 0 |
| Apr '20 | 0 |
| May '20 | 1 |
| Jun '20 | 0 |
| Jul '20 | 0 |
| Aug '20 | 0 |
| Sep '20 | 0 |
| Oct '20 | 0 |
| Nov '20 | 0 |
| Dec '20 | 1 |
| Jan '21 | 1 |
| Feb '21 | 1 |
| Mar '21 | 0 |
| Apr '21 | 3 |
| May '21 | 1 |
| Jun '21 | 2 |
| Jul '21 | 0 |
| Aug '21 | 1 |
| Sep '21 | 1 |
| Oct '21 | 0 |
| Nov '21 | 2 |
| Dec '21 | 2 |
| Jan '22 | 0 |
| Feb '22 | 1 |
| Mar '22 | 1 |
| Apr '22 | 1 |
| May '22 | 1 |
| Jun '22 | 3 |
| Jul '22 | 1 |
| Aug '22 | 1 |
| Sep '22 | 3 |
| Oct '22 | 1 |
| Nov '22 | 0 |
| Dec '22 | 0 |
| Jan '23 | 0 |
| Feb '23 | 1 |
| Mar '23 | 0 |
| Apr '23 | 0 |
| May '23 | 0 |
| Jun '23 | 2 |
| Jul '23 | 0 |
| Aug '23 | 0 |
| Sep '23 | 1 |
| Oct '23 | 1 |
| Nov '23 | 2 |
| Dec '23 | 0 |
| Jan '24 | 2 |
| Feb '24 | 0 |
| Mar '24 | 0 |
| Apr '24 | 0 |
| May '24 | 1 |
| Jun '24 | 0 |
| Jul '24 | 0 |
| Aug '24 | 0 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 0 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 1 |
| Jun '25 | 1 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 1 |
| Jun '26 | 1 |
| Jul '26 | 0 |
| Aug '26 | 0 |
| Sep '26 | 1 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| Fintech | 19 |
| Networks, Cloud & Communication | 13 |
| Enterprise Software | 12 |
| Health & Life Sciences | 11 |
| Professional Services | 10 |
| Education & Workforce | 6 |
| E-Commerce & Retail | 6 |
| AI & Machine Learning | 6 |
| AR/VR | 3 |
| Data, Analytics & IT | 3 |
| Crypto & Blockchain | 3 |
| Food & Agriculture | 3 |
| Cybersecurity & Privacy | 2 |
| Clean Energy & Sustainability | 2 |
| Consumer & Lifestyle | 2 |
| Marketing & Advertising | 2 |
| Manufacturing | 2 |
| Travel & Hospitality | 1 |
| Space & Frontier Tech | 1 |
| Transportation & Logistics | 1 |
| Hardware & Robotics | 1 |
| Media & Entertainment | 1 |
| Social & Community Platforms | 1 |
| Developer Tools | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 12 |
| $5M-$10M | 10 |
| $10M-$25M | 12 |
| $25M-$50M | 7 |
| $50M-$100M | 3 |
| $100M-$250M | 0 |
| $250M-$500M | 2 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 10 of 10 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 14 |
| Egypt | 11 |
| Europe | 7 |
| United Arab Emirates | 4 |
| Nigeria | 3 |
| Saudi Arabia | 3 |
| Philippines | 1 |
| Kenya | 1 |
| Pakistan | 1 |
| India | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| BECO Capital | 4 |
| Endeavor Catalyst | 4 |
| 500 Global | 3 |
| A15 | 3 |
| Mubadala Investment Company | 3 |
| STV | 3 |
| Tencent | 3 |
| VentureSouq | 3 |
| 4DX Ventures | 2 |
| British International Investment | 2 |
| Eight Roads Ventures | 2 |
| Endure Capital | 2 |
| F-Prime Capital | 2 |
| FJ Labs | 2 |
| FMO | 2 |
| Future Africa | 2 |
| Ingressive Capital | 2 |
| Kepple Africa Ventures | 2 |
| Maverick Ventures | 2 |
| P1 Ventures | 2 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 23 | 50% |
| Participating | 23 | 50% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 12 | 52% |
| Co-led | 11 | 48% |
Team
Managing Director
General Partner
Administrative Assistant
Content Consultant
Technology Consultant
Founder & Managing Partner
Associate
Analyst