Established in 2021, Plus Venture Capital is an early-stage venture capital firm based in Abu Dhabi, United Arab Emirates. It invests primarily at the seed and Series A stages in technology startups across the Middle East and North Africa (MENA) region and its diaspora.
Lola Do Inc. is a tech-driven FoodTech company elevating the gifting industry and bringing it into the digital age through customization and innovation. The company has rapidly expanded across the GCC, launching in Riyadh, Saudi Arabia.
Hayi
Seed Round in 2024
Hayi is a social networking application that connects residents in Dubai by providing an exclusive platform to share information, communicate, and build a sense of community with neighbors nearby. The mobile app enables users to locate and connect with people in close proximity through an interactive map, facilitates neighborhood updates, and supports engagement with local businesses by linking residents with their communities.
Wellx
Seed Round in 2023
Based in Dubai's DIFC Innovation Hub, Wellx is the Middle East's pioneering wellness-focused InsureTech company. Founded by Vaibhav Kashyap and Javed Akberali, it offers personalized health insurance plans that encourage engagement in various wellness activities such as gym visits, healthy eating, mental wellness programs, and wearable tech usage. Leveraging advanced data analytics tools, Wellx tailors wellness experiences for individuals, families, corporates, and SMEs.
Kleen
Seed Round in 2022
Kleen provides distinctive technical solutions, including Kleen Bag, which provides a unique laundry experience that achieves the highest levels of comfort and quality for customers in terms of receiving and delivering the laundry without the need for direct communication between the customer and the service provider.
Kleen is also working on developing an integrated system of technology solutions to enable service providers to raise the level of quality, control operations, reduce service costs, and improve customer experience. To ensure the quality of the services provided, the company contracts with service providers within the framework of the Tech Franchise, a business model that is being applied for the first time in the laundry sector in the Kingdom.
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