Oryx Fund

Oryx Fund is a venture capital investment firm based in Abu Dhabi, United Arab Emirates, and managed by Hambro Perks. Founded in 2021, the fund focuses on investing in early-stage technology companies at the late Seed and Series A stages across the MENA region. Oryx Fund targets transformative startups led by exceptional entrepreneurs, with particular expertise in sectors such as fintech, health tech, logistics tech, and edtech.

Syrine Ben Mansour

Principal

Dominic Perks

Founding Partner

Past deals in Dubai

Grubtech

Series A in 2021
GrubTech is a comprehensive SaaS platform designed to facilitate the digital transformation of restaurants and cloud kitchens. It functions as a flexible operating system akin to 'Shopify' for the food service industry, offering an omnichannel point of sale system that integrates with major food aggregators and supports direct online orders, dine-in, and takeaway services. The platform is enhanced with AI capabilities that provide insights into demand forecasting, inventory management, and customer profiling. Additionally, GrubTech includes features for online payments, mobile-responsive web storefronts, and social commerce integrations, allowing merchants to effectively meet online demand. With an open API and app store, GrubTech encourages developers to create solutions that further assist merchants in optimizing their operations and enhancing customer experiences.

Merit Incentives

Series A in 2021
Merit Incentives specializes in enhancing customer and employee engagement through a comprehensive platform that offers a variety of services, including customer loyalty programs, sales incentives, and fulfillment of gifts and rewards. Operating in the MENA region, the company employs innovative technologies to develop tailored engagement strategies aimed at boosting employee motivation and strengthening client relationships. By providing effective program design and implementation, Merit Incentives supports organizations in attracting new customers and retaining existing ones, ultimately fostering a more engaged and committed workforce.

Hala

Series A in 2021
Hala is the first car insurance product in the UAE that incentivizes safe driving by rewarding users with hala coins for each day they drive without accidents. These coins can be redeemed for various services, including meals, gym memberships, and hotel stays, promoting a culture of safety among drivers. Hala operates within the insurtech sector, utilizing innovative approaches to enhance customer engagement and provide a unique value proposition in the insurance market. The service is designed to encourage responsible driving behavior while offering tangible rewards, thus making car insurance a more appealing and interactive experience for users.

Sarwa

Series B in 2021
Sarwa Digital Wealth Limited develops a platform that offers investment advice. It offers investment strategies for better returns, simplified investing, and automated investing. The company was founded in 2016 and is based in Dubai, United Arab Emirates.
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