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.
Past deals in North Africa
Yodawy
Series B in 2023
Yodawy Inc. is a Giza-based company founded in 2018 that specializes in developing a medicine delivery and claims management platform. It enables customers to order pharmaceuticals and personal care products through a mobile app, which facilitates delivery via a network of over 500 pharmacies across Egypt. The platform combines an AI-powered approval engine for insurance claims with features like a digital prescription app and a partner portal. Yodawy collaborates with major insurance carriers to automatically apply insurance and copayment benefits for users, streamlining the medication ordering process and enhancing accessibility for patients seeking home delivery of their prescriptions.
Halan
Venture Round in 2021
Halan is an Egyptian technology company established in 2017, operating a mobile application that caters to various consumer needs through a single platform. The app offers ride-hailing services for two and three-wheeler vehicles, on-demand logistics solutions, food delivery, and goods transportation via motorbikes or cargo tricycles. Halan also facilitates e-payments and microfinance services for its users. It has partnered with prominent fast-food chains in Egypt to provide last-mile delivery services using smart-tech integrated systems. The company aims to enhance convenience and safety for customers while offering incremental business opportunities for drivers, supporting both large organizations and small businesses in their distribution needs.
Yodawy
Series B in 2021
Yodawy Inc. is a Giza-based company founded in 2018 that specializes in developing a medicine delivery and claims management platform. It enables customers to order pharmaceuticals and personal care products through a mobile app, which facilitates delivery via a network of over 500 pharmacies across Egypt. The platform combines an AI-powered approval engine for insurance claims with features like a digital prescription app and a partner portal. Yodawy collaborates with major insurance carriers to automatically apply insurance and copayment benefits for users, streamlining the medication ordering process and enhancing accessibility for patients seeking home delivery of their prescriptions.
Halan
Series A in 2020
Halan is an Egyptian technology company established in 2017, operating a mobile application that caters to various consumer needs through a single platform. The app offers ride-hailing services for two and three-wheeler vehicles, on-demand logistics solutions, food delivery, and goods transportation via motorbikes or cargo tricycles. Halan also facilitates e-payments and microfinance services for its users. It has partnered with prominent fast-food chains in Egypt to provide last-mile delivery services using smart-tech integrated systems. The company aims to enhance convenience and safety for customers while offering incremental business opportunities for drivers, supporting both large organizations and small businesses in their distribution needs.
MAGNiTT
Seed Round in 2018
Magnitt, Inc. is a Dubai-based platform founded in 2014 that connects investors, mentors, and startups in the Middle East and North Africa (MENA) region. It operates a comprehensive database featuring over 5,500 startups and more than 200 investors, facilitating networking and collaboration among various stakeholders in the entrepreneurial ecosystem. The platform provides valuable investment-related information and analytical insights, assisting startups in securing funding and talent while enabling investors and corporates to make informed decisions. Magnitt serves as a vital resource for emerging companies and investors looking to engage in the MENA market.
Anghami
Series B in 2016
Founded in 2011, Anghami is a leading music streaming platform focused on the Middle East and North Africa. It offers a vast catalog of Arabic and international songs for streaming and offline download, featuring licensed content from major labels such as Rotana, EMI, Sony, Warner, and Universal. The company serves its customers through a mobile application and has strategic partnerships with notable regional entities like MBC Group.
Anghami
Series A in 2015
Founded in 2011, Anghami is a leading music streaming platform focused on the Middle East and North Africa. It offers a vast catalog of Arabic and international songs for streaming and offline download, featuring licensed content from major labels such as Rotana, EMI, Sony, Warner, and Universal. The company serves its customers through a mobile application and has strategic partnerships with notable regional entities like MBC Group.
Instabug
Seed Round in 2013
Instabug, Inc. is a mobile observability platform that assists developers in enhancing the quality and performance of their applications. Founded in 2012 and based in Giza, Egypt, Instabug offers advanced tools for crash and bug reporting, application performance monitoring, and user feedback collection. The platform supports over 4 billion devices worldwide and provides real-time contextual insights throughout the application lifecycle, enabling mobile teams to identify and resolve issues effectively. By delivering these capabilities, Instabug empowers developers and enterprises to optimize app performance and improve user experiences, ultimately contributing to sustained mobile growth.
Anghami
Series A in 2012
Founded in 2011, Anghami is a leading music streaming platform focused on the Middle East and North Africa. It offers a vast catalog of Arabic and international songs for streaming and offline download, featuring licensed content from major labels such as Rotana, EMI, Sony, Warner, and Universal. The company serves its customers through a mobile application and has strategic partnerships with notable regional entities like MBC Group.
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