Middle East Venture Partners (MEVP)

Middle East Venture Partners (MEVP) is a Dubai-based venture capital firm established in 2010, with additional offices in Beirut, Bahrain, and Riyadh. It focuses on investing in early and growth-stage companies in the GCC and Levant regions, targeting sectors such as e-commerce, cloud-based software, education, digital services, consumer technology, and financial technology. MEVP seeks to support innovative small and medium enterprises, primarily investing between $0.2 million and $5 million while typically holding a minority stake of 15% to 30% in its portfolio companies. With over $260 million in assets under management, MEVP is recognized as one of the largest and most established venture capital firms in the Middle East, demonstrating a strong appetite for cross-border investments.

Sarrah AlJuaid

Managing Director

Fahed Qteishat

Associate Director

Gaelle Yammine

Associate Director

Past deals in Middle East

Nana

Venture Round in 2022
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.

Rain

Series B in 2022
Rain is a regulated cryptocurrency exchange based in Manama, Bahrain, that was founded in 2017. It operates a digital currency trading platform specifically designed to facilitate secure and compliant transactions in the Middle East. The platform allows clients to buy, sell, and store digital currencies while adhering to regulatory standards. By functioning within a regulatory sandbox, Rain aims to provide a safe environment for digital transactions, enhancing trust and security for its users.

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.

Rain

Venture Round in 2020
Rain is a regulated cryptocurrency exchange based in Manama, Bahrain, that was founded in 2017. It operates a digital currency trading platform specifically designed to facilitate secure and compliant transactions in the Middle East. The platform allows clients to buy, sell, and store digital currencies while adhering to regulatory standards. By functioning within a regulatory sandbox, Rain aims to provide a safe environment for digital transactions, enhancing trust and security for its users.

Nana

Series B in 2020
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.

Volt Lines

Series A in 2019
Volt Lines is a transportation service provider based in Istanbul, Turkey, established in 2017. It operates an online platform that offers subscription-based micro-transit services, allowing corporate clients to provide their employees with an alternative to public transportation and ride-hailing. Users can book seats on intelligently routed shared mini-buses for their daily commutes, enhancing efficiency by minimizing walking distances and optimizing routes. The service aims to reduce the workload for employers, passengers, and drivers alike, making commuting more convenient and streamlined. In addition to its web platform, Volt Lines also offers a mobile application for user convenience.

Nana

Series A in 2019
Nana is an online grocery platform based in Saudi Arabia that specializes in providing doorstep deliveries of a diverse range of products. The platform offers an extensive selection of groceries, fruits, vegetables, cosmetics, electronics, bakery items, and flowers, allowing consumers to conveniently purchase items online. By focusing on home delivery, Nana aims to simplify the shopping experience for its users, making it easier for them to access essential goods from the comfort of their homes.

Volt Lines

Seed Round in 2018
Volt Lines is a transportation service provider based in Istanbul, Turkey, established in 2017. It operates an online platform that offers subscription-based micro-transit services, allowing corporate clients to provide their employees with an alternative to public transportation and ride-hailing. Users can book seats on intelligently routed shared mini-buses for their daily commutes, enhancing efficiency by minimizing walking distances and optimizing routes. The service aims to reduce the workload for employers, passengers, and drivers alike, making commuting more convenient and streamlined. In addition to its web platform, Volt Lines also offers a mobile application for user convenience.

Volt Lines

Seed Round in 2018
Volt Lines is a transportation service provider based in Istanbul, Turkey, established in 2017. It operates an online platform that offers subscription-based micro-transit services, allowing corporate clients to provide their employees with an alternative to public transportation and ride-hailing. Users can book seats on intelligently routed shared mini-buses for their daily commutes, enhancing efficiency by minimizing walking distances and optimizing routes. The service aims to reduce the workload for employers, passengers, and drivers alike, making commuting more convenient and streamlined. In addition to its web platform, Volt Lines also offers a mobile application for user convenience.

ModaCruz

Series B in 2017
Modacruz is a mobile social marketplace based in Istanbul that caters to over 1 million women in Turkey, enabling them to buy and sell pre-owned brand name fashion items. Launched in 2014, the platform allows users to register and access a diverse range of luxury fashion apparel and accessories at reasonable prices. By facilitating the buying and selling of used luxury items, Modacruz provides an accessible and sustainable option for fashion-conscious consumers looking to refresh their wardrobes while promoting a circular economy.

Anghami

Series B in 2016
Anghami is a digital music streaming platform based in Jounieh, Lebanon, that offers a vast library of Arabic and international songs for streaming and offline listening. Established in 2011, the company primarily serves customers in the Middle East and North Africa and boasts the largest licensed music catalog in the region. Anghami collaborates with major Arabic music labels, including Rotana, Melody, and Mazzika, as well as international giants like Universal, Sony, and Warner. The platform is designed to cater specifically to the musical preferences of its audience, ensuring a diverse range of content from both established and independent artists. With a strategic partnership with MBC Group, Anghami continues to grow its user base and expand its offerings in the competitive digital music landscape.

Falafel Games

Series A in 2016
Falafel Games is a game development studio focused on creating culturally relevant multiplayer online role-playing games (MMOs) specifically for the Middle Eastern market. The company has achieved significant success, leading in the sale of virtual items for web browsers and consistently placing all of its games in the top 100 grossing charts for the region. Falafel Games specializes in mobile-based games that incorporate authentic Arabic content, drawing inspiration from historical themes such as the Arab Conquests. By blending strategy elements with semi-realistic styles, the studio provides engaging web-based action strategy RPGs that resonate with local players, positioning itself to effectively serve the underserved Middle Eastern gaming market.

Neumann

Series A in 2015
Neumann is a business-to-business cloud-based intelligence platform that specializes in transforming enterprise data into actionable insights. Founded in 2014 and headquartered in Bsharri, Lebanon, with additional offices in Beirut and Saida, the company offers a data management solution that processes cold data to enhance customer conversion and retention. The platform provides comprehensive analytics on customer interactions, including website visits and purchasing behaviors, allowing businesses to track and respond to significant shifts in customer activity. Neumann enables users to set triggers for specific metrics, facilitating timely marketing actions, such as sending targeted communications when a customer's spending drops. This functionality positions Neumann as a valuable tool for companies seeking to optimize their marketing efforts and improve customer engagement.

Mobinets

Series B in 2015
Mobinets is a rapidly growing Lebanese company that specializes in software solutions for mobile network operators in the MENA region. Its primary offering, the Network Engineering Platform (NEP), is utilized by over 20 prominent telecommunications operators to enhance network design, optimize costs, and facilitate maintenance. The platform provides operating system services that automate and streamline telecom network operations, improving workflow functionality and accelerating inter-departmental processes. By enhancing execution speed and accuracy, Mobinets enables telecom operators to achieve significant transformation benefits efficiently.

Anghami

Series A in 2015
Anghami is a digital music streaming platform based in Jounieh, Lebanon, that offers a vast library of Arabic and international songs for streaming and offline listening. Established in 2011, the company primarily serves customers in the Middle East and North Africa and boasts the largest licensed music catalog in the region. Anghami collaborates with major Arabic music labels, including Rotana, Melody, and Mazzika, as well as international giants like Universal, Sony, and Warner. The platform is designed to cater specifically to the musical preferences of its audience, ensuring a diverse range of content from both established and independent artists. With a strategic partnership with MBC Group, Anghami continues to grow its user base and expand its offerings in the competitive digital music landscape.

Laimoon.com

Venture Round in 2012
Laimoon supports career-minded people with information on jobs,courses and career insights. Currently focussing on the UAE and the wider GCC region.

Anghami

Series A in 2012
Anghami is a digital music streaming platform based in Jounieh, Lebanon, that offers a vast library of Arabic and international songs for streaming and offline listening. Established in 2011, the company primarily serves customers in the Middle East and North Africa and boasts the largest licensed music catalog in the region. Anghami collaborates with major Arabic music labels, including Rotana, Melody, and Mazzika, as well as international giants like Universal, Sony, and Warner. The platform is designed to cater specifically to the musical preferences of its audience, ensuring a diverse range of content from both established and independent artists. With a strategic partnership with MBC Group, Anghami continues to grow its user base and expand its offerings in the competitive digital music landscape.

Falafel Games

Angel Round in 2012
Falafel Games is a game development studio focused on creating culturally relevant multiplayer online role-playing games (MMOs) specifically for the Middle Eastern market. The company has achieved significant success, leading in the sale of virtual items for web browsers and consistently placing all of its games in the top 100 grossing charts for the region. Falafel Games specializes in mobile-based games that incorporate authentic Arabic content, drawing inspiration from historical themes such as the Arab Conquests. By blending strategy elements with semi-realistic styles, the studio provides engaging web-based action strategy RPGs that resonate with local players, positioning itself to effectively serve the underserved Middle Eastern gaming market.
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