
Middle East Venture Partners (MEVP)
Description
Middle East Venture Partners (MEVP) is a leading venture capital firm headquartered in Dubai, United Arab Emirates, with a strong focus on the Middle East and North Africa (MENA) region, specifically the GCC and Levant markets. Established as one of the pioneers in the regional VC ecosystem, MEVP plays a crucial role in fostering the growth of technology startups across diverse sectors. The firm is recognized for its deep understanding of the local market dynamics and its commitment to supporting innovative companies from early to growth stages.
MEVP's investment thesis centers on identifying and nurturing promising technology companies with high growth potential. The firm typically invests across Seed to Series B rounds, providing crucial capital and strategic guidance to its portfolio companies. Their initial cheque sizes generally range from $250,000 for early-stage investments up to $10 million for more mature, growth-stage opportunities. This flexible approach allows MEVP to engage with startups at various points in their lifecycle, offering tailored support to help them scale.
With a significant footprint in the MENA venture capital landscape, MEVP manages over $300 million in assets across four distinct funds. The firm has been consistently active, demonstrating its commitment to the region's burgeoning tech scene. For instance, MEVP successfully closed its third fund, MEVP Fund III, at $100 million in 2019, and subsequently launched MEVP Fund IV, targeting $150 million, in 2022 to further expand its investment capacity. Their extensive portfolio includes some of the region's most recognized startups, underscoring their influence and success in driving innovation and economic development within the Middle East.
Investor Profile
Middle East Venture Partners (MEVP) has backed more than 44 startups, with 4 new investments in the last 12 months alone. The firm has led 20 rounds, about 45% of its total and boasts 8 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Seed rounds (top funding stages).
- Majority of deals are located in United Arab Emirates, United States, Egypt.
- Strong thematic focus on Software, Information Technology, Financial Services.
- Led 1 rounds in the past year.
- Typical check size: $250K – $10M.
Stage Focus
- Series A (39%)
- Series B (25%)
- Seed (23%)
- Series Unknown (7%)
- Angel (2%)
- Private Equity (2%)
- Convertible Note (2%)
Country Focus
- United Arab Emirates (30%)
- United States (11%)
- Egypt (11%)
- United Kingdom (9%)
- Turkey (9%)
- Lebanon (7%)
- France (7%)
- Pakistan (7%)
- Bahrain (5%)
- Saudi Arabia (2%)
Industry Focus
- Software
- Information Technology
- Financial Services
- Logistics
- Apps
- Marketplace
- Payments
- Saas
- Fintech
- Mobile
Frequently Asked Questions
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