ABOUT US

Founded in 2015, Phoenician Funds is at the heart of thriving capitals of digital innovation and startup ecosystems in the Middle East and North Africa Region. We are seasoned advisors, devoted problem solvers and serial entrepreneurs, who share a passion for technology and proactively seek opportunities in sectors that are ripe for disruption. Our team actively supports founders to co-shape successful ventures in the early stages of investment, and create value across the investment life-cycle. We provide strategic guidance, market access and insights, linkages to proprietary networks as well as proven execution capabilities to drive long-term success of our portfolio companies. The team launched Phoenician Fund I (“PF I”) in 2016, which primarily focuses on seed and early stage companies operating in Fintech and other attractive sectors in MENA.

WHAT WE LOOK FOR


Visionary, fully dedicated
and passionate founding team


Innovative, disruptive
and scalable product

Technology Related Startups
Large addressable market
with potential for growth

Technology Related Startups
Differentiated value proposition
addressing prevalent needs

Team

Partners & Founders

Jad Salame

Jad Salame

Managing Partner

George Haimari

George Haimari

Partner

Dr. Mazen Ramsay Najjar

Dr. Mazen Ramsay Najjar

Board Member

Mohamed Ibrahim

Mohamed Ibrahim

Partner

Investment Team

Saeb Nahas

Saeb Nahas

Portfolio Manager

Ramzi Mneimneh

Ramzi Mneimneh

Investment Associate

Ahmad Tuffaha

Ahmad Tuffaha

Investment Associate

Mary Farah Madbak

Mary Farah Madbak

Head of Accounting and Administration

PF I Investment Committee

Firas Abi-Nassif

Firas Abi-Nassif

IC/ Advisory Board Member

Fadi Arbid

Fadi Arbid

IC/ Advisory Board Member

Waseem Daher

Waseem Daher

IC/ Advisory Board Member

Dr. Samir Nasr

Dr. Samir Nasr

Chairman of the Board, IC/ Advisory Board Member

Portfolio

News

5 FinTech startups to keep on your radar
Portfolio Company Risk+ Solutions featured on the “5 FinTech startups to keep on your radar” by Arabnet
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Shazam For Cars: AI-Powered Seez Wants To Change The Way You Buy Cars
We’ve all been there: asking for recommendations from social circles, relying on online classifieds, and visiting numerous showrooms before we
Read more.
4 lessons from a rising Leb VC
When it comes to VCs on the Lebanese scene, Phoenician Funds is the new kid on the block.
Read more.
The Future is Fintech
Despite the challenges they face, fintech startups continue to innovate and disrupt the way we lend and borrow money, pay
Read more.
The Role of Banks in Fintech
While regional governments have started to welcome the rise of fintech, established financial institutions operating in the region view it
Read more.
$100M invested in MENA fintech
Fintech startups in MENA have raised over $100 million in funding in the last 10 years, and a new report
Read more.