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
Founder & General Partner
Noor is passionate about enabling disruptive technology companies and their emerging market founders to solve real problems while changing the world with measurable impact. Noor is a founder, investor, and operator. Identified by Forbes magazine as one of the “World’s Top 50 Women in Tech”, Noor’s previous roles include CIO at The Dubai Future Foundation, and founder of ZenYoga studio chain (acquired by Cedarbridge). Furthermore, Noor was the first Arab woman to scale, IPO and operate a public company in the MENA region, listing Depa on the NASDAQ Dubai and the London Stock Exchange (: DEPA) for US$1.1. billion in April 2008.
In addition to board roles on Global Ventures’ portfolio companies, Noor is Chairperson of the Middle East Venture Capital Association and Director for MIT Sloan and TechWadi. Noor is also the independent Chairperson of the board for Clue Health.
Noor holds a bachelors’ degrees in Finance and Economics from Boston College, an MBA from MIT Sloan, and began her career as a Biotechnology and pharmaceutical strategy consultant in the US. She is a Fellow of the inaugural class of the Finance Leaders Fellowship and a member of the Aspen Global Leadership Network, and is recognized as a Young Global Leader by the World Economic Forum.
Basil Moftah is a general partner at Global Ventures, a Dubai-based, growth-stage venture capital firm. Previously, Basil was the President of the Intellectual Property & Science (IP&S) division at Thomson Reuters. Basil repositioned IP&S as a platform business by integrating its content and technology into a single micro-services architecture. He then prepared the business for sale to Onex PE in Canada. Prior to this position, Basil managed emerging markets for Reuters, a $600M business spanning Latam, Middle East & Africa, Russia, India and China. He successfully grew the business organically, through strategic acquisitions, including the purchase of Zawya in the Middle East. Basil started his career at Reuters in the Venture Capital group, and was part of the team that took it private. A highly successful fund, it invested in Netscape, Yahoo, Verisign, Webex, and many other successful companies.
During his time in emerging markets, and while based in Dubai, Basil was a founding advisor for Reach Mentoring – a successful program focusing on high-potential female executives in the Middle East. He was also a sponsor for a cross industry initiative on financial transparency with the Middle East Investor Relations Society. He was also the executive sponsor in 2014 and 2015 at Thomson Reuters for diversity in the workplace programs.
Basil holds bachelors’ degree in Mechanical Engineering from American University in Cairo as well as an MBA from Harvard Business School.
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