NB Ventures
Description
NB Ventures is a prominent Dubai-based venture capital firm established in 2015 by founder Neelesh Bhatnagar. The firm strategically focuses on early-stage technology startups, primarily targeting Pre-Series A, Seed, and Series A funding rounds. While deeply rooted in the Middle East and North Africa (MENA) region, NB Ventures also extends its investment reach globally, seeking out disruptive innovations with high growth potential. Their approach emphasizes not just capital infusion but also active partnership, leveraging their extensive network and operational expertise to support portfolio companies.
The firm's investment philosophy centers on identifying promising startups across a diverse range of technology sectors, including FinTech, EdTech, HealthTech, SaaS, E-commerce, Logistics, and Artificial intelligence. NB Ventures positions itself as a long-term partner, providing strategic guidance, market access, and operational support to help founders scale their businesses effectively. They typically deploy first cheques ranging from $500,000 to $5 million, indicating a commitment to significant early-stage capital deployment that can catalyze substantial growth.
With a robust portfolio that includes well-known regional success stories like Tabby, Tamara, Trukker, and Kitopi, NB Ventures has demonstrated a strong track record in identifying and nurturing high-potential ventures. As of early 2024, the firm has made over 80 investments, showcasing its active participation in the global startup ecosystem, particularly within the MENA region. This extensive investment activity, coupled with a reported 10 exits, underscores NB Ventures' role as a key player in fostering innovation and driving venture growth from Dubai.
Investor Profile
NB Ventures has backed more than 26 startups, with 5 new investments in the last 12 months alone. The firm has led 2 rounds, about 8% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in India, United States.
- Strong thematic focus on Apps, Health Care, Food and Beverage.
- Typical check size: $500K – $5M.
Stage Focus
- Seed (31%)
- Series A (31%)
- Series Unknown (19%)
- Series B (12%)
- Series E (4%)
- Series C (4%)
Country Focus
- India (88%)
- United States (12%)
Industry Focus
- Apps
- Health Care
- Food And Beverage
- E-learning
- Education
- Wellness
- Internet
- Artificial Intelligence (Ai)
- Edtech
- Employment
Frequently Asked Questions
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