Zayn Venture Capital is a Pakistan-based venture capital firm founded in 2021 by Faisal Aftab and focused on backing early-stage technology startups across Pakistan. Based in Islamabad, the firm takes a sector-agnostic approach with a FinTech lens, investing in B2B, retail, financial services, information technology, agriculture technology, education technology, and e-commerce companies. It supports technology platforms and marketplaces that digitize offline activity, helping startups scale through strategic guidance and access to capital. Notable portfolio companies include Haball, PostEx, and NayaPay, illustrating a commitment to high-growth ventures transforming the digital economy. The firm emphasizes connecting startups with capital and mentorship to accelerate growth while maintaining a local focus in the South Asian market.

Indus Valley Capital is a Karachi-based venture capital firm focused on backing Pakistani startups across diverse sectors. It provides early-stage investments with rapid deployment and supports portfolio companies through product development and scaling expertise, leveraging a network of successful founders and investors. The firm has a portfolio of more than 20 companies that have collectively raised over $300 million in equity funding, with the aim of helping Pakistani startups grow and compete globally.

Sarmayacar is a venture capital firm investing in Pakistani startups. Founded in 2018, it focuses on early-stage and growth capital across technology-enabled sectors including fintech, healthtech, logistics, agritech, edtech, entertainment, IoT, gaming, hospitality, e-commerce and mobility, typically supporting companies from seed through Series B. The firm maintains a presence in Lahore, Pakistan, with international offices in Amsterdam, London and Vienna.

Fatima Gobi Ventures is a venture capital firm based in Lahore, Pakistan, founded in 2019, that provides capital and strategic support to technology-enabled startups addressing pain points in Pakistan’s growing market. The firm backs companies across logistics, mobility, consumer and retail, travel, fintech, education and healthcare, as well as food and agriculture supply chains, with a focus on growth and disruption. It has backed innovative early-stage ventures such as Qist Bazaar, a BNPL platform, and has formed partnerships with JazzCash to foster innovation in Pakistan’s startup ecosystem. The firm secured US$2 million in pre-Series A funding to expand into Saudi Arabia, bringing total funding raised to over US$5 million.

Sturgeon Capital is a London-based investment firm and asset manager focused on building tech-driven businesses in frontier and emerging markets. Founded in 2006, the firm provides venture capital funding and investment capital to startups across fintech, business-to-business software, platforms, and marketplaces. Its geographic footprint includes offices in London and regional hubs such as Almaty, Astana, Tashkent, Tbilisi, and Karachi, reflecting a focus on developing economies. The company emphasizes regulatory compliance and seeks to back ambitious entrepreneurs delivering transformative solutions in developing markets.

Epic Angels is a Singapore-based network of female angel investors focused on early-stage startups in Asia-Pacific and Latin America. It backs pre-seed, seed, and Series A rounds with typical investments of 50,000 to 250,000 USD, prioritizing teams with female leadership. In addition to capital, the group provides mentorship, access to a global network and board seats, and engages in co-investment with venture capital firms and accelerator programs to support founders’ growth and scalability.

Walled City Co. is an angel investment group based in Dubai that backs seed- and early-stage startups, primarily in technology-enabled sectors such as agriculture, consumer tech, engineering products, fashion and design, financial services, and logistics and supply chain, including companies with ties to Pakistan. The firm pursues long-term value by combining capital with a peer network of founders, angels, advisors, board members, and partners to provide strategic resources, mentorship, and connections across data, technology, management, and allied services. With a coopetition approach, combining competition and cooperation, it seeks to help ambitious teams build scalable businesses and become large, valuable enterprises. The organization emphasizes technology-driven market opportunities and aims to empower startups through collaboration, guidance, and access to an ecosystem that supports growth from seed to early stages and beyond.

SOSV is a global venture capital firm focused on early-stage deep-tech and cross-border software companies, investing primarily from pre-seed through growth stages. It accelerates product development, regulatory progress, fundraising, and commercial strategy by providing founders access to purpose-built labs, engineering spaces, and a broad physical and virtual infrastructure across multiple locations. The firm's program-driven approach combines selective funding with hands-on support, mentorship, and a wide network of co-investors and partners to help portfolio companies scale. SOSV operates a suite of specialized facilities for deep-tech founders, including incubation programs that connect startups with customers, researchers, and investors, and it emphasizes long-term relationships through ongoing operational and strategic assistance. While active globally, it maintains strong ties to Asia-focused cross-border markets and supports a diverse portfolio spanning bio-tech, hardware, robotics, software, and related fields.

Pioneer Fund is a San Francisco, California-based venture capital firm founded in 2017 that specializes in early-stage investments across a broad range of technology sectors, including consumer products and services, financial services, information technology, artificial intelligence and machine learning, advanced manufacturing, healthcare, blockchain, education technology, augmented reality, advertising technology, and SaaS. The firm leverages a large network of Y Combinator alumni and operators to support portfolio companies, guiding investment decisions and helping startups scale. Its portfolio spans fintech, AI, healthcare, and SaaS among others, reflecting a commitment to nurturing innovative, tech-enabled ventures emerging from the YC ecosystem.

47 Ventures is a Mauritius-based venture capital firm established in 2017 that funds technology-driven startups, primarily in Pakistan, across stages from seed to growth. It supports high-growth businesses leveraging technology for scale, across sectors such as information technology, AI and ML, cybersecurity, IoT, e-commerce, mobile, SaaS, robotics, augmented reality, virtual reality, big data, biomedical engineering, life sciences, and other technology-enabled business products and services.

Established in 2018, Karavan is a global venture capital platform driven by a community of investors dedicated to fostering and scaling innovative startups in Pakistan.

Shorooq Partners is an alternative investment manager active in the Middle East and North Africa, focusing on venture capital, private credit, and real assets. The firm backs technology-driven companies across fintech, platforms, software, gaming and web3, leveraging sector expertise to support founders from early stages through growth. It maintains a pan-regional footprint with operations in Abu Dhabi, Dubai, Riyadh, Egypt and Korea, and partners with founders to build companies, create value and foster long‑term growth. The portfolio includes notable technology companies such as Pure Harvest Smart Farms, Nymcard, Tamara, Sarwa, Lean Technologies, TruKKer, Mozn and Lendo, among others, and encompasses over 100 companies across multiple countries. Shorooq emphasizes selective capital allocation, deep collaboration with founders, and ongoing value creation to navigate volatile markets and drive innovation.

Deosai Ventures is a venture capital firm founded in 2020 and based in Islamabad, Pakistan. It pursues early-stage investments across sectors with a sector-agnostic approach, prioritizing opportunities in Pakistan.

VentureSouq is a MENA-based venture capital firm and fund manager focused on thematic investments in FinTech and ClimateTech. Founded in 2013 and based in Dubai, it backs early-stage technology companies across the GCC and beyond, with a portfolio of hundreds of companies in more than 30 countries. The firm’s investments span lending, asset management, payments and fintech infrastructure, banking, cryptocurrency, compliance technology, carbon economy, AI and EdTech. In addition to direct investments, VentureSouq supports the startup ecosystem through initiatives such as fellowships and industry forums, leveraging its network to aid market expansion and capital access for portfolio companies. The firm emphasizes long-term partnerships and cross-border growth, operating with a global footprint while maintaining a focus on the Middle East and North Africa region.

Inaara Impact Ventures focuses on supporting social business startups in Pakistan by providing a comprehensive framework for funding, product prototyping, and infrastructure development. The organization offers seed and growth capital to emerging enterprises, facilitating access to resources necessary for scaling. Additionally, it provides opportunities for IoT-based prototyping, allowing startups to innovate and test their products effectively. Advisory services are also available to help refine business plans, ensuring that entrepreneurs are well-prepared for the market. Through these initiatives, Inaara Impact Ventures aims to foster a sustainable ecosystem for social entrepreneurship in the region.

Gearbox Capital is a growth-focused venture investment firm based in Austin, Texas, founded in 2022. It partners with bootstrapped, founder-led software, data or technology-enabled services companies to enable sustainable, long-horizon growth. The firm pursues a responsible growth thesis with a ten-year perspective, inviting founders to retain meaningful equity as part of a collaborative plan to generate durable value. Target companies typically have at least $5 million in annual revenue, 10% or more revenue growth, solid unit economics, and break-even or positive cash flow, with 20% or more founder/management equity rollover. Gearbox emphasizes execution over ideas and uses a framework spanning product, go-to-market, talent, partnerships and M&A to drive value while avoiding unsustainable growth spurts. The team, led by founders such as Omair Sarwar, leverages deep expertise across product, GTM, talent and operations, and supports portfolio companies through GearOps, including a Pakistan-based talent supply to accelerate R&D, marketing, finance and operations. The approach aims to help fast-growing bootstrapped firms scale responsibly while preserving founder equity.

Angel Invest is a Berlin-based venture capital firm focusing on early-stage technology startups in Europe, with emphasis on artificial intelligence, fintech, deeptech, and climate tech. Established in 2018, it typically participates in pre-seed and seed rounds, writing checks around €100,000–€125,000 and supporting a sizable portfolio each year. Beyond funding, Angel Invest provides substantial founder coaching and access to its broad investor and partner network, helping portfolio companies advance toward Series A. The firm maintains a high-throughput investment approach, co-investing with numerous firms and offering extended support to founders for at least a year, underscoring its commitment to hands-on guidance and ecosystem building.

The Osiris Group is a private equity and venture capital firm based in Hong Kong, focusing on growth equity and infrastructure investments in frontier markets across Emerging Asia. The firm engages in seed and incubation investments, primarily targeting sectors such as climate security, food and agriculture security, data security, healthcare, and financial inclusion. Its investment activities are concentrated in Bangladesh, Pakistan, Myanmar, and Sri Lanka, with the goal of fostering transformative impact in these regions.

Expa is a startup studio and venture firm founded in 2013 by Uber co-founder Garrett Camp. It brings together experienced founders and entrepreneurs to identify and build new companies, partnering with leadership teams to launch scalable businesses. The company offers hands-on support across product strategy, system design, and user experience, helping early-stage ventures avoid common pitfalls, remove roadblocks, and assemble capable teams. With offices in multiple cities, Expa provides guidance, resources, and access to a broad network of operators and peers to support long-term growth of its portfolio companies.

Fullerton Financial Holdings is a Singapore-based investment company that acquires and operates financial institutions in emerging markets, targeting mass-market and small- and medium-sized enterprises within the financial services sector. It has a footprint across Asia and the Middle East, including Malaysia, Indonesia, Dubai, Pakistan, China, India, Cambodia and Myanmar, and employs more than 80,000 people serving over 7 million customers. As a wholly owned subsidiary of Temasek Holdings, the company pursues sustainable growth and digital platform initiatives to expand financial inclusion while maintaining strong governance and entrepreneurial leadership.

Mentors Fund is a venture capital firm based in San Francisco that invests in and mentors capital-efficient startups. It focuses on transforming traditional industries through data science and analytics, IoT, AI and machine learning, drones, the sharing economy, and applications in health, retail, media and telecom, agriculture and finance. The firm emphasizes a strong network of mentors and influential founders to support portfolio growth, positioning itself as a partner for growth across sectors such as B2B, financial services, healthcare, information technology, advertising technology, big data, advanced manufacturing, infrastructure, ride-sharing and software-as-a-service.

VEF is a Stockholm-based venture capital firm that concentrates on fintech and modern financial services investments in emerging markets. Founded in 2015, the firm backs early and growth-stage fintech companies and tends to take minority stakes with active governance, including board representation, to help portfolio companies scale. Its investment scope covers payments, credit, mobile money, and financial marketplaces across the emerging world, with a preference for opportunities in frontier markets. The firm emphasizes sustainability and strong governance as part of its investment philosophy and engages closely with portfolio companies to navigate macro and market volatility. An additional office is located in Hamilton, Bermuda, supporting a global reach into diverse emerging markets.

Orbit Ventures is a venture capital firm focused on emerging markets, investing in technology companies that digitize traditional industries to raise living standards in a sustainable way. Based in Singapore, it backs digitalization across e-commerce, fintech, media, healthcare, education, and logistics in Asia, Africa, the Middle East, and Latin America. The firm emphasizes rapid iteration, operational excellence, and strategic partnerships, supporting portfolio companies with specialized task forces and a broad network of mentors and corporate partners. It provides hands-on support for partnerships, business development, fundraising, and growth, and maintains a long-term investment program with follow-on funding. The portfolio comprises about 260 companies, supported by 575 mentors and 212 corporate partners, and the firm hosts events that connect enterprise innovation leaders with founders.

Khwarizmi Ventures is a Riyadh-based venture capital firm that backs early-stage startups from seed to Series A across the GCC and broader Middle East and North Africa region. It pursues a technology-driven approach with a sector-agnostic mandate, supporting ventures in areas such as e-commerce, financial technology, digital health, and property technology, with emphasis on products and services powered by algorithms. The firm partners with entrepreneurs to build regional and global leaders and seeks to generate lasting impact through its investments.

Lakson Investments is a Pakistan-headquartered asset management firm and the investment arm of The Lakson Group. Founded in 2009, it manages private equity, venture capital, and mutual funds for retail, institutional, and high-net-worth clients, and it invests in public equities, fixed income, and commodities. The firm relies on in-house research and a mix of quantitative and qualitative analysis to guide decisions. Based in Karachi with an office in Lahore, Lakson Investments targets opportunities across Pakistan in sectors such as technology, media, consumer goods, insurance, and services.

FJ Labs is a New York-based venture capital firm founded in 2015 by Fabrice Grinda. It is stage-agnostic and focuses on marketplaces and consumer-facing startups, investing primarily in seed and Series A rounds with typical checks ranging from 50,000 to 5,000,000. The firm backs visionary founders pursuing global transformations and aims to support growth toward market leadership. Its portfolio includes Alibaba and other marketplace and consumer offerings, with notable investments such as Coupang, Flexport, Delivery Hero, Beepi, BrightRoll, Betterment, Adore Me, and Earnest.

Middle East Venture Partners is a Dubai-based venture capital firm with additional offices in Beirut, Bahrain, Riyadh, and San Jose. It funds early and growth-stage technology companies across the Middle East and North Africa, focusing on the GCC and Levant regions and broader regional opportunities. The firm supports startups in sectors such as e-commerce, mobility, enterprise software, fintech, cloud-based software as a service, education, e-health, and other digital industries, providing patient capital along with strategic guidance, industry connections, and ongoing operational support to help founders scale. It typically seeks minority ownership stakes in portfolio companies and pursues cross-border collaborations to foster regional innovation.

Unpopular Ventures is a San Francisco, California–based venture capital firm founded in 2019 that invests in technology startups. It concentrates on identifying and backing innovative companies often overlooked by mainstream investors and operating outside conventional trends, believing that disruptive success frequently stems from unconventional ideas. The firm pursues an active, diversified portfolio across multiple stages and focuses on opportunities off the beaten path. Since 2019 it has deployed around $75 million across roughly 500 startups and remains highly active, typically investing in dozens of companies each year. The approach centers on differentiating startups by embracing unpopular yet potentially groundbreaking concepts.

4Di Capital is a Cape Town-based venture capital firm specializing in seed and early-stage technology companies in Southern Africa. It emphasizes nurture capital and entrepreneur-friendly finance, pairing funding with mentorship and access to networks to help startups reach scale. The firm seeks founder teams with strong passion, domain expertise and insights into large market problems, and targets opportunities in mobile, enterprise software and web sectors, often supporting ventures through their early growth to broader markets. Since its founding in 2009, 4Di Capital has backed numerous African startups across multiple countries, aiming to empower entrepreneurs to build global businesses.

Moment Ventures is an early-stage venture capital firm based in Palo Alto, California. The firm focuses on backing entrepreneurs developing innovative technology solutions and aims to support startups at the initial stages through close collaboration, leveraging a diverse Silicon Valley network and portfolio experience across sectors such as logistics, education, ecommerce, software, and the future of work.

Tin Men Capital is a Singapore-based venture capital firm founded in 2018 that invests in Southeast Asia, focusing on B2B technology and frontier sectors such as manufacturing, logistics, construction, maritime, agriculture and real estate. The firm pursues fundamental analysis and patient capital to build durable outcomes, and collaborates closely with founders to solve problems, scale businesses, and create defensible positions. Its approach emphasizes integrity and loyalty to founders and limited partners, and respect for the Southeast Asian enterprise landscape. Tin Men Capital also seeks to add value beyond capital and maintains an active portfolio across B2B tech, including companies such as Ailytics, Groundup.ai, and Pints.ai, while exploring new partnerships with B2B technology founders in the region.

Cartography Capital is an early-stage venture capital firm based in Oakland, California, founded in 2019, focused on technology investments. It backs companies developing foundational technologies across fields such as artificial intelligence, quantum computing, robotics, energy storage, biotechnology, and space exploration, with an emphasis on innovations that could transform multiple industries and create practical, scalable advancements.

Graph Ventures is a San Francisco based venture capital firm that focuses on seed and early-stage technology startups. Founded by entrepreneurs, it invests across the United States, Latin America, Europe and Asia and maintains a broad portfolio of companies. The firm emphasizes hands-on support through an active founder and operator network, assisting portfolio companies with fundraising, product development, growth and international expansion. It aims to back diverse teams, with a substantial share of its portfolio featuring at least one woman or BIPOC founder, and a meaningful portion of investments outside the United States. The firm concentrates on technology companies across consumer, enterprise and platform sectors.

CrossFund is an invitation-only venture collective that helps founders raise early-stage capital by connecting them with accredited investors and mentors who have experience building cross-border, early-stage technology companies in emerging markets. Founded to address gaps in early financing, CrossFund operates a platform that provides access to funding opportunities, investor updates, and strategic guidance through a network of international investors and experienced mentors, supporting founders as they scale in cross-border markets.

ICU Ventures is a Kyiv-based venture capital firm that invests in early-stage technology companies with Eastern European roots. It targets sectors such as fintech, deep tech, mobility, and enterprise software, providing capital, strategic guidance, and access to a network to help portfolio companies scale internationally. The firm generally avoids gaming and gambling.

STV is a venture capital firm founded in 2018 and based in Riyadh, Saudi Arabia, focused on accelerating technology companies in the MENA region. Backed by STC, the region’s largest telecom operator, it leverages access to assets such as networks, channels, analytics and customer bases to help portfolio companies scale. The firm has invested in more than 40 startups and operates initiatives including a dedicated AI fund of around 100 million dollars backed by Google to support AI-native startups, as well as STV Alpha to cultivate venture capital and entrepreneurial talent. STV aims to provide startups with an unfair advantage through strategic investments, insights, and broad network access to shorten runway and foster growth.

Algebra Ventures is a Cairo-based venture capital firm focused on technology startups in Egypt and the wider MENA and Africa regions. It primarily backs early-stage companies, particularly in Series A and Series B rounds, and may participate in earlier stages. The firm invests across fintech, consumer internet and e-commerce, marketplaces, enterprise software, core technology, and other tech-enabled sectors. It supports portfolio companies with capital, strategic guidance, and access to a broad network to help them scale and reach regional and international markets. It seeks to back ventures with strong teams and clear value propositions, aiming to generate significant growth and value for stakeholders.

Reflect Ventures is a Boston-based venture capital firm established in 2021 that backs early-stage startups, with a focus on logistics, supply chain, distribution, transport, and fintech infrastructure. The firm pursues B2B and B2B2C companies operating in emerging and frontier markets, seeking high-potential founders worldwide. It typically participates in seed and Series A/B+ rounds, helping portfolio companies scale and navigate regional opportunities in sectors that modernize physical and digital ecosystems.

Alumni Ventures is a venture capital firm that invests in startups from seed through late-stage, including pre-IPO companies, and provides strategic capital and support to founders. It gives accredited investors access to diversified venture portfolios and co-investment opportunities, including investments in companies connected to alumni communities. The firm is based in Manchester, New Hampshire, and operates across North America, with additional offices in London and Tokyo.

Maydan Capital connects retail, accredited, and sophisticated investors directly to vetted equity offerings in emerging digital businesses, providing each a direct line to growth.

BY Venture Partners is a global venture capital firm that invests in early-stage technology startups, prioritizing founder-first principles and providing value beyond capital through mentorship, connections, and operational support. The firm engages in seed and growth-stage investments worldwide, with origins in the Middle East and North Africa region, and supports startups in diverse sectors through a hands-on approach.

Launch Africa Ventures is a Pan-African venture capital firm founded in 2020 and based in Ebene, Mauritius. It concentrates on early-stage funding for Seed and pre-Series A startups across Africa, supporting portfolio companies through venture-building and active partnerships. The firm has invested over US$31 million in 133 startups across 22 countries, drawn from a first fund that raised just over US$36 million. Its sector focus spans fintech, healthtech, climate tech, agritech, edtech, transportation and logistics, mobility, e-commerce, software as a service, artificial intelligence, and big data and analytics. By facilitating capital access and constructive relationships, Launch Africa Ventures aims to accelerate innovation and drive economic growth across the continent.

Tiger Global Management is a global investment firm founded in 2001 by Charles (Chase) Coleman. It invests in both private and public markets worldwide, with a focus on technology, internet, consumer, and financial services companies. The firm employs strategies across public equities, including growth and long/short approaches, and private investments across early to late stages, seeking high-quality growth opportunities throughout the lifecycle of portfolio companies. Its activities span globally, aiming to back innovative companies across diverse regions and industries. As a registered investment adviser in the United States, Tiger Global conducts its business through its own platform, dedicating capital to long-term partnerships with high-potential companies.

Soma Capital is a San Francisco-based venture capital firm founded in 2015 that focuses on software and technology companies, investing across B2B, SaaS, AI, fintech, clean-tech, frontier-tech, prop-tech, cryptocurrency, health tech and consumer sectors. The firm has backed notable startups including OpenAI, Anthropic, Databricks, Cruise, Rappi, Ironclad, Human Interest, Razorpay, Rippling and Lambda School, reflecting a track record of identifying ambitious founders and supporting growth. Its investment activity spans global markets with presence in Africa, the Middle East, South America and Asia, and it emphasizes building strong relationships with founders to help them scale their businesses.

Arbah Capital is a Saudi Arabia-based investment firm that provides asset management, wealth management, brokerage, custody, and advisory services to high-net-worth individuals, private clients, family offices, and businesses. It engages in real estate investment and advisory activities and offers Shariah-compliant investment products. The firm operates across private equity, venture capital, and real estate with a regional emphasis on the GCC and the broader Middle East, and it provides market research through an in-house division. Established in 2008, Arbah Capital aims to serve a diversified client base with tailored investment solutions, supported by its team of professionals and governance by its board.

Next Billion Ventures is a venture capital firm established in 2018 and based in Washington, DC. It focuses on early-to-growth stage investments in technology companies located in emerging markets, with an emphasis on ventures that have a positive global impact.

Jabbar Internet Group is a Dubai-based venture capital firm founded in 2009 that concentrates on e-commerce and information technology investments. The firm has a history of building and backing regional tech platforms, with its team having developed the Maktoob portal and later establishing Souq, which was acquired by Amazon in a landmark regional tech transaction. Jabbar continues to support and nurture entrepreneurs and nascent ideas aligned with its mission to advance tech in the region, acting as a catalyst for innovative ventures.

Chaos Ventures is a New York City-based venture capital firm founded in 2020 that specializes in early-stage investments in disruptive companies across financial services, consumer, healthcare, and technology sectors. The firm backs startups from pre-seed through Series A, with a focus on areas such as blockchain, artificial intelligence, machine learning, virtual reality, and quantum computing, and it leverages its network to identify promising entrepreneurs and provide capital and strategic support to help them scale.

Alter Global is a venture capital firm founded in 2015 and based in San Francisco that makes early-stage investments in technology startups across emerging markets in Latin America, South and Southeast Asia, the Middle East, and Africa. It backs B2B, B2C, and other tech ventures, helping founders access capital, expertise, and a global network to accelerate growth. The firm focuses on founder-led startups with potential to scale and contribute to job creation and economic transformation within their ecosystems. Through its portfolio, Alter Global seeks to strengthen emerging tech ecosystems by supporting companies with global reach; it has backed about 40 portfolio companies across multiple cities.

F6 Ventures is a seed-stage venture capital firm focusing on the Middle East and Africa. It provides capital, hands-on support, and a broad network to help visionary founders build and scale their businesses beyond borders. The firm backs early-stage startups across Africa, the GCC, and Levant, emphasizing sustainable impact and ESG in its investments. By supporting founders from idea-stage through growth, it aims to help startups reach customers, secure follow-on funding, and expand internationally, contributing to job creation and regional development.