EQ2 Ventures

EQ2 Ventures is a venture capital firm based in Dubai, United Arab Emirates, founded in 2015 as a spin-off of Equitrust, the corporate venture capital arm of Choueiri Group. The firm focuses on investing in seed to Series B-stage startup companies across various sectors, including ad tech, ed tech, e-commerce, fintech, health tech, digital content, software as a service, and B2C marketplaces. By leveraging a robust network of strategic investors and mentors, EQ2 Ventures aims to assist entrepreneurs in addressing significant consumer and business challenges, fostering the development of sustainable companies and generating long-term value.

Patrick Thiriet

CEO and Founder

Manish Phulwani

Associate Director

Past deals in United Arab Emirates

Invygo

Seed Round in 2020
Invygo is the first and largest car subscription service in the MENA region, offering consumers an all-inclusive monthly subscription model through a user-friendly mobile app. Founded in 2018 in Dubai by Eslam Hussein and Pulkit Ganjoo, Invygo enables users to access passenger vehicles without the financial burdens associated with traditional car ownership. The platform allows for customizable month-to-month subscriptions, providing flexibility for users to return or upgrade their vehicles without penalties. Additionally, Invygo supports car dealers by offering a new business model that helps them generate revenue while minimizing depreciation and operational costs. Overall, Invygo aims to create accessible mobility options with a hassle-free experience for both consumers and dealers.

Invygo

Seed Round in 2019
Invygo is the first and largest car subscription service in the MENA region, offering consumers an all-inclusive monthly subscription model through a user-friendly mobile app. Founded in 2018 in Dubai by Eslam Hussein and Pulkit Ganjoo, Invygo enables users to access passenger vehicles without the financial burdens associated with traditional car ownership. The platform allows for customizable month-to-month subscriptions, providing flexibility for users to return or upgrade their vehicles without penalties. Additionally, Invygo supports car dealers by offering a new business model that helps them generate revenue while minimizing depreciation and operational costs. Overall, Invygo aims to create accessible mobility options with a hassle-free experience for both consumers and dealers.
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