P

Phoenician Funds

6 employees

Phoenician VC focuses on investing in early-stage technology companies across the MENA, Europe, and the US.

Investor insights

Sectors invested in

Software7
FinTech5
E-Commerce5
Financial Services5
Information Technology5
Education4
Mobile Apps4
Automotive4
Machine Learning3
Search Engine3
Artificial Intelligence3
Fintech3
Digital transformation3
marketing3
data3
Digitalization3
App3
Image Recognition3
Automobile3
Omnichannel retail3

Funding rounds participated in

$1.5M sweet spot round size

Most of their 22 investments are in rounds between $1M and $2.5M

Investor type

Venture Capital

Basic info

Industry

venture capital and private equity principals

Sectors

Financial Technology and Technology related startups
Finance
FinTech
Advice
Venture Capital

Date founded

2016

Investments made

T

TWIG Finance raised $1M on May 1, 2023

Investors: Soul Ventures and Phoenician Funds

S

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

U

Undisclosed raised $2.1M on March 23, 2020

Investors: Middle East Venture Partners (MEVP), 500 Startups, Khwarizmi Ventures, MS&AD Ventures and Phoenician Funds

S

Seez R App raised $6M on February 17, 2020

Investors: Crealize GmbH and Phoenician Funds

S

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

M

MoneyFellows raised $1M on August 4, 2019

Investors: 500 Startups, Dubai Angel Investors - DAI and Phoenician Funds

S

Sohati.com raised $1.5M on July 1, 2019

Investors: Phoenician Funds

B

BSynchro raised $1M on June 23, 2019

Investors: Berytech Fund II and Phoenician Funds

P

Polaire Group raised $2.5M on April 13, 2019

Investors: Cedar Mundi Ventures and Phoenician Funds

t

toters delivery raised $4.5M on December 1, 2018

Investors: iSME Programme, Middle East Venture Partners (MEVP), Saned Equity Partners and Phoenician Funds

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