Fund profile

Middle East Venture Partners (MEVP)

Dubai, United Arab Emirates

Not leading

About

Middle East Venture Partners (MEVP) is one of the largest and most established venture capital firms in the Middle East, with a focus on investing in early and growth-stage technology startups across the GCC and Levant regions. Founded in 2010, MEVP manages over $300 million in assets and has invested in more than 60 startups, many of which operate in sectors such as fintech, e-commerce, mobility, SaaS, and healthtech. With offices in Dubai, Beirut, Bahrain, and Riyadh, MEVP targets innovative companies that have the potential to scale regionally and globally. Their portfolio includes successful companies like Anghami, the first legal music streaming platform in the Arab world to go public, Nana, a leading online grocery delivery service, and Bykea, a Pakistani super app offering transport and delivery services. MEVP offers both financial backing and strategic support to help these businesses grow, focusing on building sustainable, scalable models that align with local market needs. MEVP has also made significant exits, such as its partial exit from Fresha, a beauty and wellness platform, generating impressive returns. With its recent launch of the $150 million Middle East Venture Fund IV, MEVP continues to drive innovation by supporting digital services and tech-based solutions that address local challenges and tap into global trends​.

Details

Highlights

$1.1M

Historical average check

$31M

Historical max check

October 2024

Last investment date

95

Investments

Fintech & Financial services

Real Estate & Proptech

Lifestyle

Software & Apps

AI & Deep Tech

Healthtech & Wellness

Hardware. Robotics & IoT

Transportation & Mobility

VR & AR

E-commerce & Retail

Sharing economy

Food & Beverage

Funds that also invest in AI & Deep Tech