EQ2 Ventures

EQ2 Ventures is a Dubai-based venture capital firm investing in seed to series B-stage startups across various sectors such as ad tech, edtech, e-commerce, fin-tech, health tech, and SaaS. Founded in 2015, the firm leverages its network of strategic investors and mentors to support talented entrepreneurs building sustainable companies.

Manish Phulwani

Associate Director

Patrick Thiriet

CEO

Past deals in Gulf Cooperation Council

Speero

Seed Round in 2021
Speero operates an online marketplace for buying new and used automotive spare parts. Founded in 2017, it offers specialized support for queries, quotations, and information.

Invygo

Seed Round in 2020
Invygo is MENA's leading car subscription service, offering consumers accessible mobility options via an all-inclusive monthly subscription through its mobile app. It provides dealers with a new revenue-generating business model that reduces depreciation and operational costs.

Invygo

Seed Round in 2019
Invygo is MENA's leading car subscription service, offering consumers accessible mobility options via an all-inclusive monthly subscription through its mobile app. It provides dealers with a new revenue-generating business model that reduces depreciation and operational costs.

ArabyAds

Series A in 2019
ArabyAds is a Dubai-based performance marketing company that provides influencer and affiliate marketing, media buying, and lead generation to strengthen e-commerce marketing in the Middle East and North Africa. Founded in 2013 with an office in Cairo, it operates a platform and services offering data-driven targeting, omnichannel campaign management, and real-time performance tracking to help merchants optimize advertising spend and reach the right audience across multiple channels. Its offerings cover market testing, online marketing, product display, customer acquisition, and sales promotion, enabling brands to improve campaign effectiveness in the regional market.

The Luxury Closet

Series C in 2018
The Luxury Closet is a pioneering online marketplace in the GCC region dedicated to the buying, selling, and consignment of luxury items, with a focus on pre-owned products. By ensuring the authenticity and integrity of each item, the platform allows customers to purchase designer goods at discounted prices. With its significant market reach and impressive scalability, The Luxury Closet has experienced rapid growth, achieving double-digit monthly increases in sales since its inception. The platform serves as a trusted venue for individuals seeking to access authentic luxury items while promoting a sustainable approach to fashion consumption.

The Luxury Closet

Series B in 2016
The Luxury Closet is a pioneering online marketplace in the GCC region dedicated to the buying, selling, and consignment of luxury items, with a focus on pre-owned products. By ensuring the authenticity and integrity of each item, the platform allows customers to purchase designer goods at discounted prices. With its significant market reach and impressive scalability, The Luxury Closet has experienced rapid growth, achieving double-digit monthly increases in sales since its inception. The platform serves as a trusted venue for individuals seeking to access authentic luxury items while promoting a sustainable approach to fashion consumption.
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