We are a Venture Capital firm based in Dubai that invests in early stage technology startups with a focus on the Middle East & North Africa (MENA) region. Iliad Partners targets software and internet-based ventures that solve local problems and capitalize on highly-scalable technologies and models to grow across MENA. Our investment scope has two key pillars:
(1) MENA: “Regional Digitization": Local technology startups in the MENA region (with a focus on UAE, GCC, Levant) that are tech-enabling key verticals via innovative yet proven and scalable post-revenue concepts, localized for the MENA region and executed by strong founders and teams, raising Series A and B capital to expand in the GCC and beyond. Spaces we find interesting include e-commerce enablement (logistics, transport, payments, platforms), fintech and the digitization of key verticals such as financial services, insurance, real estate, hospitality, travel, automotive, HR and employment among others.
(2) Global: “Disruptive Localization”: Global technology startups that are at the forefront of technology innovation, and are seeking capital for global expansion and MENA market entry. Iliad in this case invests to ‘import innovation’ to fill innovation gaps in emerging technologies in MENA and help startups from other geographies enter the region and grow their business regionally. Emerging tech we find interesting and believe can have multiple applications in MENA, include artificial intelligence and machine learning, big data and analytics, blockchain, innovative SaaS for verticals, and internet of things among others.
As former entrepreneurs and executives with significant operating and investment experience, and global capabilities and reach, our team provides hands-on operational and business development support to startups. Leveraging our regional and global network, we help startups grow in key markets in the GCC and across the MENA region and other emerging markets.