Venture MENA

Venture MENA is a dedicated venture capital fund founded in 2019 and based in Abu Dhabi, United Arab Emirates, that sources and backs promising early-stage technology startups across the Middle East and North Africa. The fund invests in MENA-based entrepreneurs building new tools and networks that enable businesses to operate in tomorrow's market, writing checks from the seed range through Series A with a defined reserve allocation policy for follow-on rounds, and an average round size of around $1M, generally as a co-investor. Its investments span e-commerce, software, financial services, fintech, SaaS and security among other sectors. Venture MENA operates as a single-GP fund led by founder and Managing Director Mohamed Hamdy, who brings more than two decades of venture capital and private equity experience, including roles as investment director for an Abu Dhabi family office for roughly seven years, Managing Director of the Turn8 accelerator, Head of Future Platforms at the Dubai Future Foundation, and advisor at ADQ. Hamdy went on to become Managing Partner at Further Ventures, a separate Abu Dhabi fund anchored by the ADQ sovereign wealth fund that focuses on fintech, digital assets and logistics. Across his career he has been associated with a broad track record of seed and growth-stage technology investments in the MENA region and beyond. By focusing on MENA-based founders and pairing seed-to-Series-A capital with deep regional experience, Venture MENA backs the technology companies building the tools and networks for the region's next generation of businesses.