Cedar Mundi Ventures

Cedar Mundi Ventures is a venture capital firm founded in 2016 and headquartered in Beirut, Lebanon, with a focus on technology investments across Europe and the MENA region. The firm invests in various sectors, including business-to-business (B2B), business-to-consumer (B2C), information technology, healthcare, e-commerce, education technology, and financial technology. By targeting innovative companies in these fields, Cedar Mundi Ventures aims to foster growth and development in the dynamic landscape of cross-border technology.

Muhammad Akbar

Senior Partner

Bassel Attieh

Managing Partner

20 past transactions

Kamea Labs

Pre Seed Round in 2024
Kamea Labs is a fintech company focused on developing tools that utilize self-custody and tokenization to transform the investment landscape. The company has created Genki, a fundraising platform designed to assist entrepreneurs in executing compliant fundraisings, whether in cryptocurrency or equity, while accommodating both crypto and fiat currencies of varying amounts. By providing a platform that bridges the gap between investors, asset managers, and entrepreneurs, Kamea Labs aims to democratize investment opportunities, allowing retail investors to participate in investment strategies typically reserved for the wealthiest individuals. Registered as a PSAN with the AMF, Kamea Labs is committed to reshaping financial infrastructure to better serve the economy.

Podeo

Series A in 2024
Podeo is the largest podcast platform in the Middle East and North Africa, focused on amplifying audio content for a broad audience. The platform offers a range of proprietary products designed for creators, listeners, and advertisers, facilitating the entire podcasting value chain. Users can access a diverse selection of podcasts tailored to their interests through an application that integrates with car navigation systems, allowing podcasts to be played based on the user's travel time. This innovative approach enhances the listening experience while providing convenient access to news and entertainment.

Frak

Pre Seed Round in 2023
Frak is a technology company that develops a decentralized platform leveraging blockchain technology. This platform aims to empower content creators and facilitate fair value distribution by connecting content consumption with earnings and benefits. It enables creators, investors, and companies to facilitate the fair distribution of content value among their customers, transforming them into ambassadors through the use of derivatives.

Taurus

Series B in 2023
Taurus Group SA, established in 2018 and headquartered in Geneva, Switzerland, specializes in providing comprehensive digital asset infrastructure. It offers Taurus Trade, an online digital asset exchange and trading platform; Taurus Invest, which provides asset management and advisory services for digital assets; and Taurus Protect, a secure digital asset vault service. Taurus caters to a wide range of financial institutions, including systemic banks, universal banks, and crypto-banks, facilitating the issuance, custody, and trading of various digital assets such as cryptocurrencies, tokenized assets, NFTs, and digital currencies. The company is supervised and regulated by FINMA.

Basma

Series A in 2021
Basma is a direct-to-consumer healthcare brand founded in 2017 and based in Beirut, Lebanon. The company specializes in designing, manufacturing, and selling invisible aligners as an alternative to traditional braces, enabling individuals to straighten their teeth conveniently. Basma offers a digital healthcare network that provides affordable remote orthodontic treatments. Customers can utilize an at-home impression kit to take dental impressions, which are then used to create personalized invisible aligners based on professional recommendations. This approach allows for effective teeth alignment correction at accessible prices, helping clients achieve confident smiles without the need for in-person visits.

Proximie

Series B in 2021
Proximie Inc. is a health technology company based in Bedford, Massachusetts, that specializes in a telehealth platform designed for virtual surgical assistance. Founded in 2016 by Nadine Hachach-Haram, Proximie's platform enables surgeons to remotely observe and guide complex surgical procedures using augmented reality, artificial intelligence, and machine learning. This technology allows expert surgeons to connect with their peers globally, sharing knowledge and skills in real-time, regardless of their physical location. The platform is adaptable, compatible with various devices and software used in operating rooms, and can function effectively even in low bandwidth environments. Proximie aims to enhance surgical practices by democratizing access to expert guidance and fostering collaboration among medical professionals.

Quiqup

Series B in 2020
Quiqup Ltd, established in 2014 and headquartered in London, specializes in on-demand delivery services. It empowers businesses, including retailers and restaurants, to offer consumers same-day and scheduled delivery options through its user-friendly application. Quiqup's platform connects businesses with a professional courier fleet, providing real-time tracking and customizable logistics solutions to meet individual business needs.

Roadie

Series A in 2020
Band Industries is a music technology company known for developing innovative tools aimed at musicians and music enthusiasts. Founded by Hassane Slaibi and Bassam Jalgha, the company has offices in Seattle and Beirut. Band Industries gained recognition with the launch of its first product, the Roadie Tuner, in 2013, which won the TechCrunch Disrupt 2014 Audience Choice Award. Subsequent models, including Roadie 2, Roadie Bass, and Roadie 3, were released between 2017 and 2020, further enhancing tuning accuracy and user experience. The company is also expanding into music education, with plans for a new hardware solution and the introduction of the Ukulele by Roadie guided teaching app. Through its products, Band Industries aims to enhance musicians' capabilities and improve their overall experience.

Basma

Seed Round in 2020
Basma is a direct-to-consumer healthcare brand founded in 2017 and based in Beirut, Lebanon. The company specializes in designing, manufacturing, and selling invisible aligners as an alternative to traditional braces, enabling individuals to straighten their teeth conveniently. Basma offers a digital healthcare network that provides affordable remote orthodontic treatments. Customers can utilize an at-home impression kit to take dental impressions, which are then used to create personalized invisible aligners based on professional recommendations. This approach allows for effective teeth alignment correction at accessible prices, helping clients achieve confident smiles without the need for in-person visits.

Washmen

Series B in 2019
Washmen is a digital platform that offers convenient laundry and dry cleaning services through a mobile application. Founded in 2015 and based in Dubai, United Arab Emirates, the service allows customers to schedule pickups and deliveries directly to their doorsteps, often with next-day service available. Each item is carefully examined and cleaned according to its care-label instructions, ensuring high-quality results. By streamlining the laundry process, Washmen aims to enhance customer convenience, allowing them to manage their laundry needs with ease.

ecomz

Series A in 2019
ecomz is an innovative eCommerce platform designed to simplify the process of creating, managing, and growing online businesses. The platform offers a guided website builder, advanced analytics, and order management tools, allowing merchants to effectively oversee multiple online stores. By leveraging the unique advantages of the internet, ecomz aims to enhance online presence, drive sales, and streamline operations for its clients. The company provides essential resources and expertise to support eCommerce businesses throughout their journey, from initial setup to ongoing management and growth, ultimately helping them navigate the complexities of online retail.

Polaire Group

Series A in 2019
Polaire Group, founded in 2012 and headquartered in Beirut, Lebanon, is a travel technology company that has developed a multi-sided platform aimed at enhancing the travel experience for millions of inbound travelers to Saudi Arabia. Its flagship application, Salam App, caters to travelers, brands, and group travel companies by addressing the unique challenges faced by Muslims during the Hajj and Umrah pilgrimages. The platform provides essential information to ensure safer and more informed travel experiences. Polaire Group has received multiple accolades for its innovations, including recognition from Thomson Reuters and awards from Apple for its application, as well as the Dubai Lynx Award and Festival of Media MENA awards for effective marketing campaigns.

Proximie

Series A in 2019
Proximie Inc. is a health technology company based in Bedford, Massachusetts, that specializes in a telehealth platform designed for virtual surgical assistance. Founded in 2016 by Nadine Hachach-Haram, Proximie's platform enables surgeons to remotely observe and guide complex surgical procedures using augmented reality, artificial intelligence, and machine learning. This technology allows expert surgeons to connect with their peers globally, sharing knowledge and skills in real-time, regardless of their physical location. The platform is adaptable, compatible with various devices and software used in operating rooms, and can function effectively even in low bandwidth environments. Proximie aims to enhance surgical practices by democratizing access to expert guidance and fostering collaboration among medical professionals.

COFE App

Seed Round in 2019
COFE App is an online coffee marketplace designed to streamline the coffee ordering experience for enthusiasts. The application provides users with a convenient platform to order a variety of coffee beverages from both chain coffee houses and specialty roasters, catering to the diverse needs of coffee lovers. In addition to ready-to-drink options, COFE App allows users to purchase coffee beans, machines, and accessories, positioning itself as a comprehensive resource for coffee-related products. The platform offers multiple ordering options, including delivery to homes or offices, counter pickup, and car pickup services from various vendors, making it a one-stop shop for all coffee-related needs. By focusing on efficiency and accessibility, COFE App aims to enhance the daily coffee experience for its users.

Quiqup

Series B in 2019
Quiqup Ltd, established in 2014 and headquartered in London, specializes in on-demand delivery services. It empowers businesses, including retailers and restaurants, to offer consumers same-day and scheduled delivery options through its user-friendly application. Quiqup's platform connects businesses with a professional courier fleet, providing real-time tracking and customizable logistics solutions to meet individual business needs.

Spike Diabetes Assistant

Funding Round in 2018
Spike is a mobile assistant that helps diabetics better manage their diabetes. Spike monitors the patient's daily behavior and jumps in with reminders and tips when needed about insulin, food, activity, etc.. In addition to that, Spike stores the patient's data for further analysis and/or sharing with doctors and caregivers. Spike also provides a medicine adherence network in addition to a real time dashboard to make looking after diabetics easier. (more about Spike: https://www.thespikeapp.com)

Sensio Air

Series A in 2017
Sensio Air is a healthcare analytics company that specializes in identifying real-time pathogens in the air using patented technologies. The company provides tools to detect and identify various airborne particles, including mold, pollen, dander, dust mites, and inorganic substances. Sensio Air's technology is utilized by major corporations to enhance air quality monitoring, while their dashboard and mobile application empower individuals with allergies and asthma to understand the air they breathe. This functionality enables users to predict, prevent, and manage their symptoms effectively. Recently, Sensio Air secured investment from HVAC leader Daikin, which will support efforts to help consumers better manage their indoor air quality.

Loolia Ventures SAL

Series A in 2016
Loolia Closet operates an online retail platform that specializes in beauty products, including fragrances, makeup, haircare, and skincare items. Established in 2014, the company ensures that all products are quality-checked and authentic, providing customers with confidence in their purchases. By focusing on affordability and convenience, Loolia Closet enables customers to have a wide range of beauty products delivered directly to their homes. In addition to retail, Loolia Ventures, the parent company, also engages in digital video creation and distribution, particularly aimed at empowering Arab women in the MENA region through authentic and entertaining video content.

Proximie

Seed Round in 2016
Proximie Inc. is a health technology company based in Bedford, Massachusetts, that specializes in a telehealth platform designed for virtual surgical assistance. Founded in 2016 by Nadine Hachach-Haram, Proximie's platform enables surgeons to remotely observe and guide complex surgical procedures using augmented reality, artificial intelligence, and machine learning. This technology allows expert surgeons to connect with their peers globally, sharing knowledge and skills in real-time, regardless of their physical location. The platform is adaptable, compatible with various devices and software used in operating rooms, and can function effectively even in low bandwidth environments. Proximie aims to enhance surgical practices by democratizing access to expert guidance and fostering collaboration among medical professionals.

CardioDiagnostics

Series A in 2016
CardioDiagnostics is a medical technology company focused on developing innovative cardiac care solutions. Based in the United States, with global research and development offices, the company specializes in wireless monitoring technologies that allow for remote cardiac patient management. Their cloud-based cardiac monitoring system is designed to be HIPAA-compliant and accessible from any internet-connected device, enabling physicians to effectively monitor patients' heart health. By employing proprietary analytics, CardioDiagnostics addresses a wide range of cardiac applications, facilitating timely and accurate diagnoses. The firm prioritizes patient comfort and care, allowing individuals to maintain their daily activities while ensuring that vital cardiac information is transmitted to healthcare providers. Through its dedicated team of entrepreneurs, technologists, and medical experts, CardioDiagnostics aims to enhance the cardiac care industry and improve outcomes for patients with heart conditions.
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