Dtec Ventures

Dtec Ventures is the venture capital arm of the Dubai Silicon Oasis Authority, focusing on early-stage technology companies in the MENA region, particularly those based in Dubai. The firm actively invests in businesses that are either disrupting or enhancing traditional industries. Dtec Ventures operates within the Dubai Technology Entrepreneurship Centre (DTEC), a prominent startup incubator established in 2015. DTEC provides comprehensive support to new technology firms, offering office spaces, business licenses, and multiple visas. With facilities designed to foster innovation, DTEC features over 350 workstations, 24-hour access, meeting rooms, and essential office services. Through its initiatives, Dtec Ventures aims to contribute to the growth of the technology ecosystem in the region.

Hans Christensen

Vice President - Dtec

Julien Plouzeau

Investment Manager

27 past transactions

AlgoDriven

Series A in 2021
AlgoDriven Limited is an automotive software company that specializes in providing data-driven solutions for accurately pricing and identifying used cars. Founded in 2016 and based in Dubai, United Arab Emirates, the company serves a diverse clientele including car dealers, banks, insurance companies, and other participants in the motor industry across regions such as Australia, New Zealand, the United Arab Emirates, Hong Kong, and China. AlgoDriven's flagship product, EvalExpert, is a mobile app designed for car dealers to perform precise vehicle appraisals, while its DriveExpert solution streamlines the management of test drives and loan car processes. The company leverages big data and artificial intelligence to enhance its platform, offering enterprise clients access through APIs for seamless integration into their existing systems. With additional operations in Muscat, Oman; Sheung Wan, Hong Kong; and Brisbane, Australia, AlgoDriven aims to transform the automotive valuation landscape.

eMushrif

Series A in 2020
eMushrif specializes in developing Internet of Things (IoT) technology for school buses, focusing on enhancing safety and providing real-time information. Their solutions include automatic attendance marking, a visual child check system, and detection mechanisms to prevent children from being left on the bus. The company offers mobile applications that allow school administrators and parents to track buses and receive important notifications, ensuring the well-being of students during transportation.

souKare

Convertible Note in 2020
souKare is an e-commerce platform that specializes in selling sports nutrition products and contact lenses, providing customers with a fast and convenient shopping experience. The company offers a variety of items, including immune boosters, vitamins, supplements, and both corrective and color contact lenses. With a focus on rapid delivery, souKare guarantees ninety-minute delivery within Dubai and express shipping options for customers worldwide. This approach aims to ensure that users enjoy a simple and efficient purchasing process, making it easier for them to access essential health and wellness products.

Statys

Pre Seed Round in 2019
A technology solution that uses artificial intelligence to reduce costs and increase efficiencies in the credit scoring and risk assessment process for SME lending.

Lawhive

Pre Seed Round in 2019
Lawhive is a legal tech startup that provides an AI-powered platform designed to streamline legal services for both lawyers and their clients. By automating workflow management, compliance, and payment processes, the platform significantly reduces the time lawyers spend on routine tasks, thereby enhancing efficiency and lowering costs for clients. Lawhive's system connects users with legal experts, allowing financial institutions to obtain real-time risk assessments while minimizing the complexity and duration of traditional legal procedures. This innovative approach enables access to legal assistance at a fraction of the cost typically associated with local law firms.

Ziwo

Series A in 2019
Ziwo is a developer of a cloud contact center platform tailored for emerging markets. The company offers a B2B SaaS solution that enhances business telephony and customer service operations. Its platform is designed to provide efficient and reliable call center capabilities, utilizing cloud-based software and API functions. This flexibility allows clients to optimize the performance of their customer service and sales teams while maintaining control over their contact center operations through a unified interface. Ziwo's extensive integrations further enhance its adaptability, making it a valuable tool for businesses seeking to improve their communication and service delivery.

AlgoDriven

Seed Round in 2019
AlgoDriven Limited is an automotive software company that specializes in providing data-driven solutions for accurately pricing and identifying used cars. Founded in 2016 and based in Dubai, United Arab Emirates, the company serves a diverse clientele including car dealers, banks, insurance companies, and other participants in the motor industry across regions such as Australia, New Zealand, the United Arab Emirates, Hong Kong, and China. AlgoDriven's flagship product, EvalExpert, is a mobile app designed for car dealers to perform precise vehicle appraisals, while its DriveExpert solution streamlines the management of test drives and loan car processes. The company leverages big data and artificial intelligence to enhance its platform, offering enterprise clients access through APIs for seamless integration into their existing systems. With additional operations in Muscat, Oman; Sheung Wan, Hong Kong; and Brisbane, Australia, AlgoDriven aims to transform the automotive valuation landscape.

paymennt.com

Seed Round in 2019
Paymennt is a mobile-first payments platform designed to facilitate online and in-person transactions for businesses, particularly micro and small enterprises. Founded in 2017 and headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan, the company specializes in providing a simple and efficient payment solution. Paymennt enables users to accept payments through various methods, including payment links, thereby streamlining the payment process and enhancing the overall customer experience. The company also focuses on integrating loyalty and reward points into its payment systems, allowing users to redeem and spend their points seamlessly.

paymennt.com

Seed Round in 2019
Paymennt is a mobile-first payments platform designed to facilitate online and in-person transactions for businesses, particularly micro and small enterprises. Founded in 2017 and headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan, the company specializes in providing a simple and efficient payment solution. Paymennt enables users to accept payments through various methods, including payment links, thereby streamlining the payment process and enhancing the overall customer experience. The company also focuses on integrating loyalty and reward points into its payment systems, allowing users to redeem and spend their points seamlessly.

Letswork

Seed Round in 2019
Letswork is a marketplace and membership platform that provides users access to a wide range of on-demand workspaces, including private offices and meeting rooms. As the largest network of co-working spaces in the UAE, it offers affordable and flexible workspace solutions tailored to the needs of small-scale businesses. Users can benefit from a subscription-based model that allows them to work from a diverse network of partner locations, including cafes, hotels, and shared spaces. The platform also enables clients to book private offices, meeting rooms, and creative studios as needed, promoting versatility and convenience in workspace selection.

Clip the Deal

Seed Round in 2017
Clip the Deal is a marketing technology platform designed to enhance customer engagement and data analytics for fast-moving consumer goods (FMCG) brands and retailers. Operating through a mobile app, it serves as a comprehensive resource for digital grocery deals, targeted sampling, and verified ratings and reviews. The platform effectively bridges the gap between online and offline shopping experiences by connecting retailers, distributors, brands, and customers. Clip the Deal features distinct sections such as ClipBox, which focuses on targeted sampling for FMCG brands, and Clip Reviews, where users can provide verified ratings and reviews of products they have purchased or sampled. Additionally, the platform facilitates quick redemptions and instant cashback options at partnered retailers, while also offering personalized and location-based deals to enhance the shopping experience for customers.

yallacompare

Series B in 2017
Yallacompare is the finance comparison site in the middle east with operations across 9 countries in the mena region. Since 2011 they have helped users compare banking products saving each one thousands of dollars every year. Since banking and insurance go hand in hand, they told their team to go out and build a platform that could save their users even more money. Their insurance tech is state of the art and built right here in the uae by their team of ninja geeks. Thanks to the efforts of their ninja geeks, you can now easily compare the price of your home insurance from the leading insurers with just a few clicks. Best of all, you can buy online and get your policy issued instantly.

STEP Group

Series A in 2017
STEP Group is a leading digital and new media company in the Middle East with a house of modern news and entertainment brands.

VUZ

Pre Seed Round in 2017
VUZ is a prominent immersive social application that specializes in delivering XR and Metaverse digital experiences, enhancing the realism of virtual interactions. Launched in 2017, the company operates from offices in Los Angeles, Dubai, and Riyadh. VUZ offers the world's largest premium library of exclusive immersive content, featuring over 20,000 hours of material that spans entertainment, creators, and sports, along with XR, VR, and AR experiences accessible from virtually anywhere. The platform's primary goal is to foster connections among users by providing authentic immersive experiences, effectively eliminating barriers related to travel, time, and access for billions globally. By streaming live events such as sports, talk shows, and music, VUZ enables users to engage with these experiences in a uniquely immersive manner, leveraging advanced technologies for an enriched social interaction.

yallacompare

Series A in 2016
Yallacompare is the finance comparison site in the middle east with operations across 9 countries in the mena region. Since 2011 they have helped users compare banking products saving each one thousands of dollars every year. Since banking and insurance go hand in hand, they told their team to go out and build a platform that could save their users even more money. Their insurance tech is state of the art and built right here in the uae by their team of ninja geeks. Thanks to the efforts of their ninja geeks, you can now easily compare the price of your home insurance from the leading insurers with just a few clicks. Best of all, you can buy online and get your policy issued instantly.

Wrappup

Seed Round in 2016
Wrappup uses AI to auto-summarize your meetings, declaring war on pens everywhere! The platform uses a combination Speech Analysis, NLP, and Deep Learning models to identify important moments in discussion. Just invite lucy@wrappup.ai to your next call, and she’ll listen for keywords like “follow-up” or “next steps” to generate all the action items for you. Users can train the system with their own set of keyword triggers and vocabulary, making Lucy smarter and smarter as she grows!

Clip the Deal

Seed Round in 2016
Clip the Deal is a marketing technology platform designed to enhance customer engagement and data analytics for fast-moving consumer goods (FMCG) brands and retailers. Operating through a mobile app, it serves as a comprehensive resource for digital grocery deals, targeted sampling, and verified ratings and reviews. The platform effectively bridges the gap between online and offline shopping experiences by connecting retailers, distributors, brands, and customers. Clip the Deal features distinct sections such as ClipBox, which focuses on targeted sampling for FMCG brands, and Clip Reviews, where users can provide verified ratings and reviews of products they have purchased or sampled. Additionally, the platform facilitates quick redemptions and instant cashback options at partnered retailers, while also offering personalized and location-based deals to enhance the shopping experience for customers.

yallacompare

Series A in 2015
Yallacompare is the finance comparison site in the middle east with operations across 9 countries in the mena region. Since 2011 they have helped users compare banking products saving each one thousands of dollars every year. Since banking and insurance go hand in hand, they told their team to go out and build a platform that could save their users even more money. Their insurance tech is state of the art and built right here in the uae by their team of ninja geeks. Thanks to the efforts of their ninja geeks, you can now easily compare the price of your home insurance from the leading insurers with just a few clicks. Best of all, you can buy online and get your policy issued instantly.

The Luxury Closet

Series A in 2015
The Luxury Closet is a pioneering online marketplace in the GCC region dedicated to the buying, selling, and consignment of luxury items, with a focus on pre-owned products. By ensuring the authenticity and integrity of each item, the platform allows customers to purchase designer goods at discounted prices. With its significant market reach and impressive scalability, The Luxury Closet has experienced rapid growth, achieving double-digit monthly increases in sales since its inception. The platform serves as a trusted venue for individuals seeking to access authentic luxury items while promoting a sustainable approach to fashion consumption.

Qordoba

Seed Round in 2015
Qordoba, Inc. is a software as a service (SaaS) company based in San Francisco, California, specializing in content management through its Qordoba Strings Intelligence Platform. Founded in 2012, the platform employs machine learning to assist organizations in standardizing their content across various applications, websites, and marketing materials. Qordoba's offerings include an AI-based writing assistant that helps maintain consistent style, terminology, and brand voice, along with tools for localization that integrate machine translation and human linguists. The platform is designed for use by software development and product marketing teams, enabling them to manage content effectively through command line interface (CLI) and application program interface (API) functionalities. Notable clients such as Intuit, Twitter, and Visa utilize Qordoba to enhance their content quality and coherence across multiple formats.

Melltoo

Seed Round in 2015
Melltoo is a mobile marketplace designed for buying and selling secondhand goods without the need for in-person meetups. Available on both iPhones and Android devices, as well as through a mobile-responsive web application, Melltoo offers a platform that connects local buyers and sellers. The marketplace features a diverse range of products, including electronics, fashion items, home appliances, and children's goods. To enhance user confidence, Melltoo provides a money-back guarantee on every transaction, ensuring a secure and reliable trading experience for its users.

Shortpoint

Seed Round in 2015
ShortPoint is a software company that specializes in simplifying the creation and management of intranet systems without the need for coding. The platform allows users, particularly department managers, to design corporate intranets by leveraging existing content systems such as Office 365, SharePoint, and SAP Cloud Portal. By providing intuitive tools for web design and user experience, ShortPoint enhances collaboration and productivity within organizations. The company's mission is to democratize enterprise web software, making it accessible and user-friendly for a wide range of consumers, not just large corporations. With its advanced web browser technology, ShortPoint enables businesses to create visually appealing and functional intranet pages that work seamlessly across devices.

Feesheh

Seed Round in 2014
Feesheh is the first dedicated online store for musical instruments and professional audio equipment in the MENA region. The company specializes in providing a wide range of musical instruments and audio gear, facilitating a seamless shopping experience for customers. Feesheh offers hassle-free delivery of products directly to the customer's doorstep, with the option to pay cash on delivery. This service aims to enhance accessibility for music enthusiasts and professionals alike, catering to the growing demand for musical equipment in the region.

Qordoba

Series A in 2014
Qordoba, Inc. is a software as a service (SaaS) company based in San Francisco, California, specializing in content management through its Qordoba Strings Intelligence Platform. Founded in 2012, the platform employs machine learning to assist organizations in standardizing their content across various applications, websites, and marketing materials. Qordoba's offerings include an AI-based writing assistant that helps maintain consistent style, terminology, and brand voice, along with tools for localization that integrate machine translation and human linguists. The platform is designed for use by software development and product marketing teams, enabling them to manage content effectively through command line interface (CLI) and application program interface (API) functionalities. Notable clients such as Intuit, Twitter, and Visa utilize Qordoba to enhance their content quality and coherence across multiple formats.

Nabbesh

Seed Round in 2013
Nabbesh is a virtual skills marketplace that facilitates connections between talented individuals and flexible work opportunities, effectively addressing regional unemployment challenges. The platform allows users to showcase their skills and portfolios while helping employers access a diverse pool of screened and handpicked freelance talent. By offering a consultative approach, Nabbesh enables clients to hire efficient freelancers from around the world, enhancing productivity and fulfilling a wide range of project requirements.

Search in MENA.com

Seed Round in 2013
Search in MENA.com is a B2B marketplace listing products, services & companies in the MENA region.

Search in MENA.com

Seed Round in 2012
Search in MENA.com is a B2B marketplace listing products, services & companies in the MENA region.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.