Abu Dhabi has a growing startup investment industry. Abu Dhabi, with its strategic location, affords both startup investors and startups unique access to both talent and customers throughout the region. With more than half the worlds population in reach of an 8 hour flight, Abu Dhabi is poised to be a central hub for startup growth in the coming years.
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.
To boost the UAE economy’s competitiveness, a group of young investors has launched the “Emirates Angels Investors Association” to help accelerate the growth of start-ups and facilitate investors' investment and entrepreneurship in the country. Angel Investors in Abu Dhabi The Emirates Angels Investors Association has brought together some of the country’s leading young local investors to connect innovators and thought leaders with investors and bridge existing gaps. The Board members were elected in the presence of the Ministry of Community Development, where Masaood Rahma Al Masaood was chosen as Chairman, Sameh Al Qubaisi as Vice Chairman, and Ali Sajwani, Mohammed Al Nowais, Yousif Al Mulla, Mohammed Al Owais, and Tarek Al Nuaimi as Board members.
Global Ventures backs global-minded founders, leading growth-stage companies that transform emerging markets, and the world. The firm generally invests in revenue-generating startups (with at least $1M in annual revenue) across the MENA region, but has made a few exceptions. Global Venture says that they’re looking for startups that are revenue-generating, industry winners, capital-efficient, immensely scalable and have a clear path to exit. Key People at Global Ventures Noor Sweid Founder & General Partner
Middle East Venture Partners (MEVP) is one of the largest venture capital firms in MENA with investments going back to 2010. Middle East Venture Partners has $260M USD in Assets Under Management across 4 funds: Middle East Venture Fund (MEVF I), Middle East Venture Fund II (MEVF II), Middle East Venture Fund III (MEVF III) and the IMPACT Fund by MEVP. Across the funds, Middle East Venture Partners has made investments in early stage, growth stage, and series B.
Mubadala is a global investment company with a mandate to create sustainable financial returns for Abu Dhabi. We aspire to play a critical role in society both at home and overseas by driving positive change through our investments, as we pursue growth and yield as we advance together for a sustainable future. Locally, we are committed to furthering our shareholder’s strategic objective of a globally integrated and diversified economy. Internationally, we deploy capital with integrity across a variety of asset classes and geographies for the greater benefit of the United Arab Emirates.
At Shorooq, we are focused and goal-oriented. We discover and support the most ambitious, disciplined and passionate entrepreneurs to help them build their dreams, from idea stage to meaningful, lasting companies. We get heavily involved operationally, be that recruiting, market expansion, strategy, financing discussions, budget and forecasting and more to help the founders build their vision. We focus on the future: Fintech, Platform, Software and Tech-Enabled Business Services. Prior to Shorooq’s launch in 2016, Shorooq’s Founders built their careers as investment professionals in the venture capital and private equity sectors across the UAE, Europe, NYC and Silicon Valley.