KISP Ventures

KISP Ventures is a shariah compliant venture capital firm that invest in early stage technology companies in the MENA region. It is sponsored by KFH Capital, the investment arm of Kuwait Finance House (KFH). Its goal is to provide entrepreneurs with growth capital and the right strategic support to build innovative companies with accelerated growth. The company’s shariah compliant ethics means it is committed to building an ecosystem in the region by encouraging ‘Founder-Friendly’ financing terms that give the portfolio companies a level playing field.

Mahmoud AlMarzouq

Investment Manager

Aatef Baig

Investment Manager

Past deals in Arabian Gulf

COFE App

Series B in 2023
COFE App operates as an online coffee marketplace designed to streamline the coffee ordering process for consumers. The mobile application offers a variety of options for coffee lovers, allowing them to order from both chain coffee houses and specialty roasters. Users can enjoy convenient delivery to their homes or offices, as well as options for counter and car pickup. In addition to beverages, COFE App provides access to coffee beans, machines, and accessories, catering to all aspects of coffee consumption. Funded by a diverse group of entrepreneurs and venture capital firms from the Middle East and Silicon Valley, COFE App has received significant backing to support its growth and development in the coffee market.

FinFirst Capital

Seed Round in 2019
Disruptive Fintech company that has pioneered a new, automated way to lend money to small businesses via a marketplace exchange model catering to SMEs & Banks. For Small Businesses looking for all type of business loans. Dashboard and 100% automated process and decision making. Enables banks to view all matched application and complete the credit assessment process until a final decision. AML, Credit analysis, bank statement analysis, and risk analysis capabilities backed by big data

Coded

Seed Round in 2019
Coded provides software development and coding programming training services. The company provides coding camps for high-school students to design and develop video games, full stack boot camps, weekend coded training, and fresh grade boot camps. It also offers customized enterprise boot camps for enterprise clients, such as companies, organizations, and governmental entities. Coded was founded in 2015 and is based in Kuwait City, Kuwait.

COFE App

Seed Round in 2019
COFE App operates as an online coffee marketplace designed to streamline the coffee ordering process for consumers. The mobile application offers a variety of options for coffee lovers, allowing them to order from both chain coffee houses and specialty roasters. Users can enjoy convenient delivery to their homes or offices, as well as options for counter and car pickup. In addition to beverages, COFE App provides access to coffee beans, machines, and accessories, catering to all aspects of coffee consumption. Funded by a diverse group of entrepreneurs and venture capital firms from the Middle East and Silicon Valley, COFE App has received significant backing to support its growth and development in the coffee market.

Melltoo

Seed Round in 2019
Melltoo "No-Meetup Classifieds" is a mobile marketplace for buying and selling second hand things. The app is available for iPhones and Androids and as a mobile responsive web app.

Skiplino

Series A in 2018
Skiplino is a cloud-based crowd management platform designed to help businesses manage customer queues effectively. By offering an automated smart mobile solution, Skiplino addresses the common annoyance of waiting in line, which can consume a significant amount of time in people's lives. The platform provides features such as a branch display for announcing queue tickets, an admin dashboard for setup and management, and analytics tools for reporting and insights. With these capabilities, Skiplino enables enterprises to streamline the waiting process, allowing customers to join queues remotely and significantly reducing their time spent waiting.

Magnitt

Seed Round in 2018
Magnitt is a startup directory that connects investors, mentors, and emerging companies in the Middle East. The discovery platform is a database with over 5,500 MENA startups and over 200 investors.