ABOUT US

Founded in 2015, Phoenician Funds, part of More Capital Group, 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

Jad Salame

Jad Salame

Managing Partner

George Haimari

George Haimari

Partner

Mohamed Ibrahim

Mohamed Ibrahim

Partner

Saeb Nahas

Saeb Nahas

Portfolio Manager

Ramzi Mneimneh

Ramzi Mneimneh

Investment Associate

Ahmad Tuffaha

Ahmad Tuffaha

Investment Associate

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

PFI Portfolio

News

MAGNiTT interviews Rise: The Fintech Startup helping migrants
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NymCard in top 10 Fintech Startups in MENA by BusinessChief
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Automative startup Seez raises a $6M Series A funding round from VCs and strategic investors
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Phoenician Funds: Best Seed Capital Fund Manager Middle East 2019 by CFI.co
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Phoenician Funds invests in Egypt’s MoneyFellows
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Phoenician Funds at the 6th Annual ABANA Summit @ Bloomberg
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Seez selected as one of top 10 AI startups operating in UAE
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AUB and Synkers Join Forces
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Kamkalima poised to make a big impact in 2019
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Join us to support female entrepreneurial teams at WTSUP!
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Four Phoenician portfolio companies in the Forbes top 100 startups in Middle East 2018
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Synkers and Seez finalists in Techcrunch MENA Startup battlefield
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