Lumia Capital
Founded in 2011, Lumia Capital is a San Francisco-based venture capital firm that partners with innovative US and European companies expanding internationally. It employs a hands-on strategy, investing between $3 million to $30 million in internet and software companies, focusing on SaaS, mobile, cloud computing, infrastructure, and big data. Lumia also invests in select early-stage opportunities via its 'Telescope' program.
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Past deals in Qatar
MarkaVIP
Series B in 2012
MarkaVIP is an exclusive online shopping community tailored for the Middle Eastern market, founded by Ahmed Alkhatib, who has extensive experience in the e-commerce sector. The platform operates on an invitation-only basis and features flash sales that allow members to purchase apparel, accessories, and home decor at discounted prices. With a membership base exceeding 3 million individuals across eight Arabic-speaking countries, including Jordan, Saudi Arabia, the UAE, Qatar, Kuwait, Lebanon, Bahrain, and Oman, MarkaVIP caters to the needs of fashion enthusiasts in the region, providing them with a unique and cost-effective shopping experience.
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