$1.5M sweet spot round size
Most of their 22 investments are in rounds between $1M and $2.5M
2016
TWIG Finance raised $1M on May 1, 2023
Investors: Soul Ventures and Phoenician Funds
Synkers raised $1.8M on September 27, 2020
Investors: iSME Programme, Mulcan International Investments, Dubai Angel Investors - DAI, Crescent Capital NI Ltd, 500 Startups and Phoenician Funds
Undisclosed raised $2.1M on March 23, 2020
Investors: Middle East Venture Partners (MEVP), 500 Startups, Khwarizmi Ventures, MS&AD Ventures and Phoenician Funds
Seez R App raised $6M on February 17, 2020
Investors: Crealize GmbH and Phoenician Funds
Sarwa ثروة raised $8.4M on November 20, 2019
Investors: Middle East Venture Partners (MEVP), Shorooq Partners, HALA Ventures, Mindshift Capital, Vision Ventures, Hambro Perks, Saned Equity Partners and Phoenician Funds
MoneyFellows raised $1M on August 4, 2019
Investors: 500 Startups, Dubai Angel Investors - DAI and Phoenician Funds
Sohati.com raised $1.5M on July 1, 2019
Investors: Phoenician Funds
BSynchro raised $1M on June 23, 2019
Investors: Berytech Fund II and Phoenician Funds
Polaire Group raised $2.5M on April 13, 2019
Investors: Cedar Mundi Ventures and Phoenician Funds
toters delivery raised $4.5M on December 1, 2018
Investors: iSME Programme, Middle East Venture Partners (MEVP), Saned Equity Partners and Phoenician Funds