Global Founders Capital

Founded in Berlin in 2013, Global Founders Capital is a venture capital firm supporting entrepreneurs across various stages and global markets. It focuses on software and TMT sectors, investing based on potential impact and feasibility.

Cedric Asselman

Partner

Philippe Collet

Partner

Tito Costa

Partner

Onur Erbay

Partner

Melvin Hade

Partner

Past deals in MENA

mybacs

Series A in 2023
Founded in 2018, mybacs is a research-driven company specializing in human microbiome-based supplements. It offers region-specific travel health supplements for digestion, formulated by pharmaceutical scientists and physicians to improve intestinal health.

Telda

Seed Round in 2022
Telda is a financial brand operating in the MENA region, specifically designed for Millennials and Gen Z. It aims to simplify the payment experience and facilitate peer-to-peer transfers, offering a modern alternative to traditional banking. The company has developed a money transfer application that allows users to easily send, spend, and save money. With features such as biometric identification and a 3D secure application, Telda enables users to open a free account without paperwork. The platform provides the ability to send and receive money from friends at no cost, while also offering insights into spending habits to help users manage their finances effectively.

Dukkantek

Seed Round in 2022
Dukkantek provides digital transformation services to improve business processes. It offers online solutions to assist with managing and marketing strategies of companies. Dukkantek is based in Dubai, UAE.

Tabby

Series B in 2022
Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.

Rain

Series B in 2022
Rain is a regulated digital currency exchange and custodian in the Middle East, founded in 2017 and based in Manama, Bahrain. It operates a licensed trading platform that enables clients to buy, sell, and store digital assets within a secure and compliant regulatory framework.

Athena Sciences

Venture Round in 2021
Athena Sciences provides technical services and solutions to commercial and government clients in aerospace, transportation, energy, and information technology. Its core competencies include software development, embedded controls, modeling and simulation, biometrics, test automation, and verification and validation of mission-critical software.

Opontia

Series A in 2021
Opontia facilitates swift and equitable sales of small e-commerce businesses. They focus on acquiring companies with enduring competitive advantages and robust home-grown brands. Their streamlined process aims to deliver funds to sellers within six weeks.

Frontegg

Series A in 2021
Frontegg LTD. is a Tel-Aviv-based company that specializes in developing a user management platform aimed at enabling software as a service (SaaS) businesses. Founded in 1982, Frontegg provides a comprehensive solution that allows SaaS companies to easily integrate and manage essential user infrastructure, from basic authentication to complex multi-tenancy and fine-grained authorization. Its platform facilitates rapid integration into existing web applications with minimal coding, supporting a variety of frontend and backend frameworks. Frontegg also offers features such as a self-service admin portal, subscription enforcement, and single sign-on capabilities, enhancing the user experience for both personal and organizational accounts. By embedding its interfaces within applications, Frontegg provides a customer-facing management interface while equipping developers with powerful SDKs and APIs to maintain full control over their data.

Amenli

Seed Round in 2021
Amenli is the first licensed online insurance broker in Egypt, offering online insurance broking services across policies such as life, medical, pension, education, and automobile coverage. The company uses a three-step process: enter personal details, choose a personalized policy, and complete payment, delivering an integrated service that simplifies accessing insurance.

Hala

Series A in 2021
Addenda LTD, established in 2018 and headquartered in Dubai, United Arab Emirates, specializes in providing blockchain-based distributed ledger technology (DLT) services to the insurance industry. The company streamlines insurance processes, enables real-time task reporting, and securely records claim and policy data onto the blockchain for enhanced transparency and security. Additionally, Addenda offers data input validation and analysis services. In 2020, Addenda launched Hala Insurance, an insurtech startup aiming to provide affordable, quick, and online car and home insurance to the 500 million people living in the Middle East and North Africa (MENA) region, thereby disrupting the traditional insurance industry.

Tabby

Series B in 2021
Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.

Baraka

Seed Round in 2021
Baraka is an investment application based in the UAE that aims to democratize access to stock markets for all individuals. The platform provides users with educational resources, market news, and comprehensive stock analysis to enhance their investment knowledge and confidence. Baraka enables commission-free investing in a wide range of stocks and exchange-traded funds, allowing users to explore diverse investment opportunities. By focusing on accessibility and empowerment, Baraka seeks to cultivate a new generation of informed investors.

Opontia

Seed Round in 2021
Opontia facilitates swift and equitable sales of small e-commerce businesses. They focus on acquiring companies with enduring competitive advantages and robust home-grown brands. Their streamlined process aims to deliver funds to sellers within six weeks.

Opontia

Debt Financing in 2021
Opontia facilitates swift and equitable sales of small e-commerce businesses. They focus on acquiring companies with enduring competitive advantages and robust home-grown brands. Their streamlined process aims to deliver funds to sellers within six weeks.

Mamo

Series A in 2021
Mamo is a Fintech startup based in Dubai, UAE, focused on providing innovative payment and financial solutions tailored for small and medium-sized enterprises (SMEs). The company operates under a Cat 3C Providing Money Services license from the Dubai Financial Services Authority, making it the first licensed Fintech startup in this category in the region. Mamo's flagship offering, Mamo Business, serves as an alternative to traditional banking for SMEs, combining payments, spend management, and analytics into a user-friendly platform. This platform enables businesses to accept payments globally in multiple currencies, manage expenses, and issue virtual cards, thereby streamlining financial operations and enhancing payment success rates. Mamo's diverse customer base includes a variety of sectors, such as B2B services, healthcare, tourism, and retail, making it a crucial partner for businesses looking to optimize their financial processes.

Telda

Pre Seed Round in 2021
Telda is a financial brand operating in the MENA region, specifically designed for Millennials and Gen Z. It aims to simplify the payment experience and facilitate peer-to-peer transfers, offering a modern alternative to traditional banking. The company has developed a money transfer application that allows users to easily send, spend, and save money. With features such as biometric identification and a 3D secure application, Telda enables users to open a free account without paperwork. The platform provides the ability to send and receive money from friends at no cost, while also offering insights into spending habits to help users manage their finances effectively.

Tabby

Series A in 2020
Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.

Frontegg

Seed Round in 2020
Frontegg LTD. is a Tel-Aviv-based company that specializes in developing a user management platform aimed at enabling software as a service (SaaS) businesses. Founded in 1982, Frontegg provides a comprehensive solution that allows SaaS companies to easily integrate and manage essential user infrastructure, from basic authentication to complex multi-tenancy and fine-grained authorization. Its platform facilitates rapid integration into existing web applications with minimal coding, supporting a variety of frontend and backend frameworks. Frontegg also offers features such as a self-service admin portal, subscription enforcement, and single sign-on capabilities, enhancing the user experience for both personal and organizational accounts. By embedding its interfaces within applications, Frontegg provides a customer-facing management interface while equipping developers with powerful SDKs and APIs to maintain full control over their data.

mybacs

Seed Round in 2020
Founded in 2018, mybacs is a research-driven company specializing in human microbiome-based supplements. It offers region-specific travel health supplements for digestion, formulated by pharmaceutical scientists and physicians to improve intestinal health.

Lean Technologies

Seed Round in 2020
Lean Technologies Limited is a FinTech startup founded in 2019 and based in Riyadh, Saudi Arabia. The company specializes in developing an application programming interface (API) platform that facilitates access to consumer financial data. Its API suite addresses the complexities of fragmented financial infrastructure, allowing businesses to easily access their customers' financial information and execute instant bank transfers. Lean Technologies aims to improve the accessibility, transparency, and functionality of financial data and payment systems, contributing to a more inclusive and interconnected financial ecosystem for both consumers and businesses.

Mamo

Seed Round in 2020
Mamo is a Fintech startup based in Dubai, UAE, focused on providing innovative payment and financial solutions tailored for small and medium-sized enterprises (SMEs). The company operates under a Cat 3C Providing Money Services license from the Dubai Financial Services Authority, making it the first licensed Fintech startup in this category in the region. Mamo's flagship offering, Mamo Business, serves as an alternative to traditional banking for SMEs, combining payments, spend management, and analytics into a user-friendly platform. This platform enables businesses to accept payments globally in multiple currencies, manage expenses, and issue virtual cards, thereby streamlining financial operations and enhancing payment success rates. Mamo's diverse customer base includes a variety of sectors, such as B2B services, healthcare, tourism, and retail, making it a crucial partner for businesses looking to optimize their financial processes.

Tabby

Seed Round in 2019
Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.

Digifin

Seed Round in 2019
Digifin is a digital banking startup that has a comprehensive digital account opening platform along with the back office solution. It aims at simplifying and speeding up the account opening process. It also streamlines business processes and provides customer insight with the intent to support customer loyalty and retention. It was founded in 2011 and is headquartered in Chennai, India with offices in the USA and UAE.

mybacs

Pre Seed Round in 2019
Founded in 2018, mybacs is a research-driven company specializing in human microbiome-based supplements. It offers region-specific travel health supplements for digestion, formulated by pharmaceutical scientists and physicians to improve intestinal health.

Tenderd

Seed Round in 2019
Tenderd operates an on-demand marketplace for renting heavy equipment and provides an AI-powered platform to optimize fleet operations. The marketplace connects owners of equipment such as bulldozers, loaders and cranes with construction and engineering firms in the Middle East and North Africa and also manages a network of contractors. Its analytics platform converts equipment data into actionable insights to monitor operations, improve asset utilization, manage fuel consumption, plan routes, schedule maintenance and visualize trip logs, with features to measure carbon emissions and support safer, more efficient and sustainable operations.

Dynamic Yield

Series C in 2017
Dynamic Yield Ltd. is a technology company that specializes in machine learning and AI-driven personalization solutions. Founded in 2011 and headquartered in Tel Aviv, Israel, it operates globally with additional offices in major cities such as New York, Berlin, and London. The company's core offering, the Personalization Anywhere platform, empowers marketers to enhance customer experiences across various channels, including websites, mobile apps, emails, kiosks, and call centers. Dynamic Yield's platform provides tools for segmentation, omnichannel personalization, optimization, behavioral messaging, and dynamic advertising, catering to a diverse range of industries such as e-commerce, media, travel, and gaming. By integrating data from multiple customer touchpoints in real-time, Dynamic Yield enables organizations to deliver tailored content and offers, ultimately driving revenue growth and improving long-term business value.

Jodel

Series A in 2017
Jodel is a hyperlocal community platform that enables real-time conversations among users nearby. The app helps people connect with others who share interests, discover local places and activities, and exchange tips or arrange meetups. It provides information and updates about events at specific locations such as universities or organizations, promoting local engagement. Jodel has a large user base across the Nordics, DACH, and the Middle East and is expanding globally, with no sign-up or profile required to participate.

Dynamic Yield

Series C in 2016
Dynamic Yield Ltd. is a technology company that specializes in machine learning and AI-driven personalization solutions. Founded in 2011 and headquartered in Tel Aviv, Israel, it operates globally with additional offices in major cities such as New York, Berlin, and London. The company's core offering, the Personalization Anywhere platform, empowers marketers to enhance customer experiences across various channels, including websites, mobile apps, emails, kiosks, and call centers. Dynamic Yield's platform provides tools for segmentation, omnichannel personalization, optimization, behavioral messaging, and dynamic advertising, catering to a diverse range of industries such as e-commerce, media, travel, and gaming. By integrating data from multiple customer touchpoints in real-time, Dynamic Yield enables organizations to deliver tailored content and offers, ultimately driving revenue growth and improving long-term business value.

Yamsafer

Series B in 2015
Yamsafer, Inc. is a hotel booking service provider founded in 2011 and headquartered in Corona Del Mar, California. The company specializes in facilitating online hotel reservations across various regions, primarily focusing on the Middle East and Turkey, as well as destinations like Thailand, Malaysia, and Sri Lanka. Yamsafer offers a diverse range of accommodations, including luxury, economy, and boutique hotels, catering to different customer preferences. The platform aims to deliver a user-friendly and secure booking experience through its website and mobile applications available on both Android and iOS devices. By providing competitive pricing and a streamlined booking process, Yamsafer enhances the travel experience for its users, allowing them to book hotels and related services conveniently.
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