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
and scalable product
Large addressable market
with potential for growth
Differentiated value proposition
addressing prevalent needs
Partners & Founders
PF I Investment Committee
Bsynchro’s vision is to re-engineer the insurance industry. The company provides a fully integrated digital solution across the insurance value chain including digital distribution, claims management automation, core insurance & re-insurance operating systems, and advanced analytics.
Seez aims to leverage the latest technology to create a new type of search engine that allows car buyers to search for cars using image recognition, contextual location based notifications, and AI chatbot that acts like a personal car buying concierge. With seez, buyers can reduce the long and tedious car search process to one click.
Blink My Car Raises $1.2 Million
Beirut-based app Blink My Car closed a $1.2 million seed round, led by Phoenician Funds, a Lebanese venture fund firm.Read More
Lebanese automotive marketplace receives $1.8M seed fund
Lebanese automotive marketplace Seez have received $1.8 million in seed funding from B&Y, Phoenician Funds, and Wamda Capital.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 for goods and services, transfer funds across accounts and overseas…Read More