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 and Founder

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.

Golden Scent

Series B in 2019
Founded in 2014, Golden Scent is an e-commerce platform based in Dammam, Saudi Arabia. It specializes in offering genuine fragrances and beauty products, including cosmetics, skincare, and hair care items. The platform enables users to try on products virtually before purchasing.

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.

Golden Scent

Series A in 2017
Founded in 2014, Golden Scent is an e-commerce platform based in Dammam, Saudi Arabia. It specializes in offering genuine fragrances and beauty products, including cosmetics, skincare, and hair care items. The platform enables users to try on products virtually before purchasing.

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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