Phoenician Funds
About Phoenician Funds
Phoenician Funds, established in 2015, is a Beirut-based venture capital firm specializing in early-stage investments across the Middle East and North Africa (MENA) region. The firm primarily targets sectors such as Fintech, E-government, and Digital Health, aiming to support innovative startups that drive transformative changes in these industries. Phoenician Funds provides strategic guidance, market access, and insights to its portfolio companies, leveraging its extensive network to foster long-term success. The firm has been recognized for its contributions to the startup ecosystem, including being named the Best Seed Capital Fund Manager in the Middle East in 2019. With a focus on seed and Series A investments, Phoenician Funds has invested in notable companies like TWIG Finance, Sarwa, NymCard, and Bsynchro, demonstrating its commitment to nurturing high-potential startups in the region.
Investment Mandate
Asset Classes3
Geographical Focus
African markets1
Other stated markets4
Requirements
Innovative business models, Scalable products, Strong founding teams, Alignment with MENA market needs, Potential for regional expansion
Stated Portfolio4
As reported by the investor. 1 of 4 names match a profile on this platform and links through. The rest are printed as stated.
Is this you?
Claim this investor profile to manage your firm's information.
Claim this profileReport an error