Arzan Venture Capital

Arzan Venture Capital, established in 2013 and based in Kuwait City, is a prominent venture capital firm focused on early-stage investments in technology startups with a regional emphasis on the MENA region. As one of the earliest venture capital firms in the area, Arzan VC has built a diverse portfolio comprising over 30 startups. The firm is dedicated to supporting young, fast-growing, and innovative tech teams, fostering long-lasting relationships with talented entrepreneurs from the region. With a commitment to nurturing early-stage ventures, Arzan Venture Capital plays a significant role in the development of the regional startup ecosystem.

Laith Zraikat

Partner

Past deals in Dubai

Cartlow

Seed Round in 2020
Cartlow is an online marketplace based in Dubai, United Arab Emirates, specializing in the sale and purchase of refurbished, open-box, and certified goods. Founded in 2019, the company offers a diverse range of products, including apparel, books, games, mobile devices and accessories, home and kitchen appliances, electronics, watches, cosmetics, and televisions. Cartlow's platform allows users and businesses to easily transact, providing a space for the buying and selling of used products at affordable prices. The company emphasizes quality by inspecting, testing, and certifying items, which enhances buyer confidence. Additionally, Cartlow engages in circular commerce practices, contributing to sustainability by facilitating the resale of pre-owned goods through a comprehensive e-commerce ecosystem.

iKcon

Seed Round in 2020
iKcon, founded in 2019 and based in Dubai, operates a network of cloud kitchens across the MENA region. The company specializes in procuring, cooking, and delivering food for various restaurants and brand owners, effectively extending their market reach. iKcon's smart kitchen facilities are equipped with advanced technology and staffed by trained chefs and customer service teams, ensuring efficient operations and high-quality food preparation. The infrastructure of iKcon includes procurement and storage facilities, central production units, and customer service centers, allowing clients to streamline their operations while focusing on customer relationships and brand development.

paymennt.com

Seed Round in 2019
Paymennt is a mobile-first payments platform that facilitates online and in-person transactions, as well as payments through links. It primarily serves micro and small businesses, emphasizing simplicity and efficiency in its payment solutions. Originally founded as PointCheckout Holding Company Ltd in 2017, the company is headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan. It specializes in providing an online payment gateway that allows users to redeem and spend loyalty points and miles.

paymennt.com

Seed Round in 2019
Paymennt is a mobile-first payments platform that facilitates online and in-person transactions, as well as payments through links. It primarily serves micro and small businesses, emphasizing simplicity and efficiency in its payment solutions. Originally founded as PointCheckout Holding Company Ltd in 2017, the company is headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan. It specializes in providing an online payment gateway that allows users to redeem and spend loyalty points and miles.
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