Middle East Venture Partners (MEVP)

MEVP is a Middle East-focused venture capital firm that invests in the early and growth stages of innovative companies run by talented entrepreneurs in the Middle East Region with a focus on the GCC and Levant countries. With offices in Beirut, Dubai, Bahrain and Riyadh and more than USD 260 million in Assets Under Management, MEVP is the largest and most established VC firm in this region, with clear cross border investment appetite.

Sarrah AlJuaid

Managing Director

Ali Almajthoob

Associate Director

Jad El Boustani

Managing Director

Walid Hanna

Founder and CEO

Riyad Abou Jaoudeh

Managing Director

Ihsan Jawad

Venture Partner

Fahed Qteishat

Associate Director

Ankit Sarwahi

Associate Director

Gaelle Yammine

Associate Director

Past deals in Middle East

Nana

Venture Round in 2022
Nana is an online grocery platform based in Saudi Arabia that specializes in delivering groceries and home essentials directly to consumers' doorsteps. The platform features a diverse selection of products, including groceries, fresh fruits and vegetables, cosmetics, electronics, bakery items, and flowers. By enabling consumers to shop digitally, Nana streamlines the grocery shopping experience and ensures that a wide variety of items can be conveniently purchased and delivered to their homes.

Rain

Series B in 2022
Rain is a regulated cryptocurrency exchange based in Manama, Bahrain, that was founded in 2017. It operates a digital currency trading platform specifically designed to facilitate secure and compliant transactions in the Middle East. The platform allows clients to buy, sell, and store digital currencies while adhering to regulatory standards. By functioning within a regulatory sandbox, Rain aims to provide a safe environment for digital transactions, enhancing trust and security for its users.

Basma

Series A in 2021
Basma is a direct-to-consumer healthcare brand founded in 2017 and based in Beirut, Lebanon. The company specializes in designing, manufacturing, and selling invisible aligners as an alternative to traditional braces, enabling individuals to straighten their teeth conveniently. Basma offers a digital healthcare network that provides affordable remote orthodontic treatments. Customers can utilize an at-home impression kit to take dental impressions, which are then used to create personalized invisible aligners based on professional recommendations. This approach allows for effective teeth alignment correction at accessible prices, helping clients achieve confident smiles without the need for in-person visits.

Rain

Venture Round in 2020
Rain is a regulated cryptocurrency exchange based in Manama, Bahrain, that was founded in 2017. It operates a digital currency trading platform specifically designed to facilitate secure and compliant transactions in the Middle East. The platform allows clients to buy, sell, and store digital currencies while adhering to regulatory standards. By functioning within a regulatory sandbox, Rain aims to provide a safe environment for digital transactions, enhancing trust and security for its users.

Nana

Series B in 2020
Nana is an online grocery platform based in Saudi Arabia that specializes in delivering groceries and home essentials directly to consumers' doorsteps. The platform features a diverse selection of products, including groceries, fresh fruits and vegetables, cosmetics, electronics, bakery items, and flowers. By enabling consumers to shop digitally, Nana streamlines the grocery shopping experience and ensures that a wide variety of items can be conveniently purchased and delivered to their homes.

Volt Lines

Series A in 2019
Volt Lines is a transportation service provider based in Istanbul, Turkey, established in 2017. It operates an online platform that offers subscription-based micro-transit services, allowing corporate clients to provide their employees with an alternative to public transportation and ride-hailing. Users can book seats on intelligently routed shared mini-buses for their daily commutes, enhancing efficiency by minimizing walking distances and optimizing routes. The service aims to reduce the workload for employers, passengers, and drivers alike, making commuting more convenient and streamlined. In addition to its web platform, Volt Lines also offers a mobile application for user convenience.

Nana

Series A in 2019
Nana is an online grocery platform based in Saudi Arabia that specializes in delivering groceries and home essentials directly to consumers' doorsteps. The platform features a diverse selection of products, including groceries, fresh fruits and vegetables, cosmetics, electronics, bakery items, and flowers. By enabling consumers to shop digitally, Nana streamlines the grocery shopping experience and ensures that a wide variety of items can be conveniently purchased and delivered to their homes.

Volt Lines

Seed Round in 2018
Volt Lines is a transportation service provider based in Istanbul, Turkey, established in 2017. It operates an online platform that offers subscription-based micro-transit services, allowing corporate clients to provide their employees with an alternative to public transportation and ride-hailing. Users can book seats on intelligently routed shared mini-buses for their daily commutes, enhancing efficiency by minimizing walking distances and optimizing routes. The service aims to reduce the workload for employers, passengers, and drivers alike, making commuting more convenient and streamlined. In addition to its web platform, Volt Lines also offers a mobile application for user convenience.

Volt Lines

Seed Round in 2018
Volt Lines is a transportation service provider based in Istanbul, Turkey, established in 2017. It operates an online platform that offers subscription-based micro-transit services, allowing corporate clients to provide their employees with an alternative to public transportation and ride-hailing. Users can book seats on intelligently routed shared mini-buses for their daily commutes, enhancing efficiency by minimizing walking distances and optimizing routes. The service aims to reduce the workload for employers, passengers, and drivers alike, making commuting more convenient and streamlined. In addition to its web platform, Volt Lines also offers a mobile application for user convenience.

Modacruz

Series B in 2017
Modacruz is a mobile social marketplace based in Istanbul that caters to over 1 million women in Turkey, enabling them to buy and sell pre-owned brand name fashion items. Launched in 2014, the platform allows users to register and access a diverse range of luxury fashion apparel and accessories at reasonable prices. By facilitating the buying and selling of used luxury items, Modacruz provides an accessible and sustainable option for fashion-conscious consumers looking to refresh their wardrobes while promoting a circular economy.

Anghami

Series B in 2016
Anghami is a music streaming application founded in 2011 and headquartered in Jounieh, Lebanon. It provides users in the Middle East and North Africa with access to a vast catalog of Arabic and international music, allowing for both streaming and offline downloads. The platform features licensed content from major Arabic music labels, including Rotana, Melody, and Platinum Records, as well as international labels such as Universal, Sony, and Warner. Anghami aims to cater specifically to the musical tastes of its regional audience, and it has established a strategic partnership with MBC Group to enhance its offerings. As the largest digital music venture in the region, Anghami continues to expand its catalog by licensing new content from various artists and distributors.

Falafel Games

Series A in 2016
Falafel Games is a game development studio focused on creating culturally relevant multiplayer online role-playing games (MMOs) specifically for the Middle Eastern market. The company has achieved significant success, leading in the sale of virtual items for web browsers and consistently placing all of its games in the top 100 grossing charts for the region. Falafel Games specializes in mobile-based games that incorporate authentic Arabic content, drawing inspiration from historical themes such as the Arab Conquests. By blending strategy elements with semi-realistic styles, the studio provides engaging web-based action strategy RPGs that resonate with local players, positioning itself to effectively serve the underserved Middle Eastern gaming market.

Mobinets

Series B in 2015
Mobinets is a rapidly growing Lebanese company that specializes in software solutions for mobile network operators in the MENA region. Its primary offering, the Network Engineering Platform (NEP), is utilized by over 20 prominent telecommunications operators to enhance network design, optimize costs, and facilitate maintenance. The platform provides operating system services that automate and streamline telecom network operations, improving workflow functionality and accelerating inter-departmental processes. By enhancing execution speed and accuracy, Mobinets enables telecom operators to achieve significant transformation benefits efficiently.

Anghami

Series A in 2015
Anghami is a music streaming application founded in 2011 and headquartered in Jounieh, Lebanon. It provides users in the Middle East and North Africa with access to a vast catalog of Arabic and international music, allowing for both streaming and offline downloads. The platform features licensed content from major Arabic music labels, including Rotana, Melody, and Platinum Records, as well as international labels such as Universal, Sony, and Warner. Anghami aims to cater specifically to the musical tastes of its regional audience, and it has established a strategic partnership with MBC Group to enhance its offerings. As the largest digital music venture in the region, Anghami continues to expand its catalog by licensing new content from various artists and distributors.

Laimoon.com

Venture Round in 2012
Laimoon supports career-minded people with information on jobs,courses and career insights. Currently focussing on the UAE and the wider GCC region.

Anghami

Series A in 2012
Anghami is a music streaming application founded in 2011 and headquartered in Jounieh, Lebanon. It provides users in the Middle East and North Africa with access to a vast catalog of Arabic and international music, allowing for both streaming and offline downloads. The platform features licensed content from major Arabic music labels, including Rotana, Melody, and Platinum Records, as well as international labels such as Universal, Sony, and Warner. Anghami aims to cater specifically to the musical tastes of its regional audience, and it has established a strategic partnership with MBC Group to enhance its offerings. As the largest digital music venture in the region, Anghami continues to expand its catalog by licensing new content from various artists and distributors.
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