July 2020: MENA's most responsive investors and accelerators

For many startups, one of the biggest worries that can follow the funding application process is waiting to hear back. Minutes can feel like hours, days like weeks! Fret not, MAGNiTT has the solution to alleviate your worries.

MAGNiTT's investor application tool not only equips you with a feed of all the ongoing funding applications that are available on the platform, but it also includes the dynamic response rate of each investor and accelerator. We try to ensure that every startup receives a response within one month, even if that may be a 'no, thanks!'. A large number of our investors have a close to perfect response rate (above 90%), and some have even a perfect 100% response rate. 

To that effect, we've compiled a comprehensive list of all the investors and accelerators that had a 100% response rate for the month of July, divided by their country HQ. Meet them below!

If you're looking to discover who the most active investors and accelerators for July were, in other words, which investors made the most investments by the number of disclosed deals, check out our July 2020 Dashboard. The report found that although July has seen a 45% drop in the number of deals, total funding has increased by 72% when compared to the same month last year. Discover this and more.

July's most responsive investors and accelerators:

• Bahrain
• Jordan
• Kuwait
• Oman
• Palestine
• Saudi Arabia
• UAE


Bahrain

500 Startups

500 Startups is a venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. 

You can apply for funding HERE

Jordan

AB Accelerator

AB Accelerator invests globally, with a focus on EMEA, in early-stage technology-driven startups, whose business model provides innovation that can disrupt or expand the financial services industry. They are looking to partner with startups whose value proposition has the potential to improve their business processes, their customer relationships, and their infrastructure.

You can apply for funding HERE

DASH Ventures

DASH Ventures is an Amman-based Venture Capital firm operating at the forefront of MENA’s rapidly transforming economic landscape and at the center of the region’s entrepreneurship ecosystem. They look to invest in the best opportunities regardless of geography, but focus primarily on the MENA region. DASH is a private partnership of entrepreneurs and business experts who harness decades of experience building and backing successful regional and international companies.

You can apply for funding HERE

Propeller

Propeller Inc. is an early-stage VC based in Amman Jordan. They invest in and support visionary founders building global products.

You can apply for funding HERE

Silicon Badia

Silicon Badia invests in innovative entrepreneurs and companies and uses their global footprint to help their portfolio companies grow. Silicon Badia is a venture capital firm that partners with passionate, bold entrepreneurs to solve some of the world’s biggest problems.

You can apply for funding HERE  

Kuwait

Agility Ventures

Agility Ventures is the corporate venture arm of Agility, a global logistics company, and emerging markets leader. They partner with startups who are championing technologies that can help build faster, more secure, and more sustainable supply chains.

You can apply for funding HERE

Oman

Otf Jasoor Ventures

Otf Jasoor Ventures is an early-stage VC fund that invests in tech and tech-enabled startups in the MENA region. They participate in pre-series A, Series A, and Series B rounds. Series C+ for follow on.

You can apply for funding HERE

Palestine

Ibtikar Fund

Ibtikar (Innovation, in Arabic) Fund is a disruptive fund that invests in innovative Palestinian companies at their earliest stages.

You can apply for funding HERE

Saudi Arabia

Derayah Ventures

Derayah Venture Capital Fund is established to invest in startups and early and growth-stage businesses in the GCC and MENA region. The Fund focuses on investing in startups that are SaaS, FinTech, eCommerce, Marketplace platforms, Artificial Intelligence, Productivity Apps, Internet of Things (IoT), and others.

You can apply for funding HERE

Elm

The company is a public shareholding company owned by the Public Investment Fund, which develops secure e-business services and government support projects, with a high level of achieving the objectives of the customers, while contributing to the building of national expertise.

You can apply for funding HERE

Impact 46

Impact46 is a CMA authorized assets management and advisory focused on alternative investment opportunities in Saudi Arabia. They invest in theme-specific PE/VC opportunities across different stages of development from early-stage startups to mature profitable businesses.

You can apply for funding HERE

NOMU Ventures

NOMU Ventures is a venture capital firm focusing on the early-stage investments in the MENA region. They offer 50+ years of experience in technology and entrepreneurship.

You can apply for funding HERE

OQAL Angel Investors

OQAL Angel Investors was established in 2011 as an NGO and is the first angel investor community in Saudi Arabia concerned with the growth of the SME sector in the region.

You can apply for funding HERE 

Saudi Aramco Entrepreneurship Ventures (Waed Ventures)

Saudi Aramco Entrepreneurship Ventures (Waed Ventures) is the entrepreneurial venture capital arm of Saudi Aramco, established with the vision of igniting the spirit of entrepreneurship and innovation in the Kingdom of Saudi Arabia. The fund invests in innovative and impactful, early-stage startups with high growth potential that promote economic development in the Kingdom, and enhance the entrepreneurship and innovation ecosystem.

You can apply for funding HERE  

Shorooq Partners

Shorooq aspires to help entrepreneurs in their journey to bring world-changing ideas to market – they are Founders' Partners, Company Builders, and Value Investors. They focus on early-stage, founder-led tech companies (Series Seed to Series A). Their principal sub-sectors of focus are Fintech, Software, Platform businesses in the GCC, Egypt, Jordan region.

You can apply for funding HERE

UAE

Dtec Ventures 

Dtec Ventures is the VC unit of the Dubai Silicon Oasis Authority and part of the Dtec Ecosystem. They invest in early-stage technology businesses in the MENA region with a nucleus in Dubai, that are disrupting or enabling traditional industries.

You can apply for funding HERE

Hala Ventures

Hala Venture Capital "Hala Ventures" catalyzes future growth by investing in technology-based start-ups that run in the growth stages and achieved sustainable revenue and successful MVP by empowering them with the required funding and guidance, so they meet their highest value and profitability.

You can apply for funding HERE

Iliad Partners

Iliad Partners is a Venture Capital firm based in Dubai that invests in early-stage technology companies with a focus on the MENA region. They partner with founders to help them build their startups into high-growth ventures that will become the disruptive companies of tomorrow.

Regional HQ: UAE

You can apply for funding HERE

MENA Moonshots

MENA Moonshots is a boutique fund that offers investment, strategy design, and direct operational mentorship to their partners. With strong track records of building industry ecosystems and extensive professional networks, they tailor their support to each individual partner's needs and aspirations.

You can apply for funding HERE

Middle East Venture Partners (MEVP)

Middle East Venture Partners (MEVP) is one of the largest venture capital firms in the MENA region and currently manages regional technology-focused venture capital funds with more than USD 260 million in assets under management. To date, MEVP’s team, comprising 22 investment professionals, has invested in more than 50 portfolio companies across MENA and Turkey.

You can apply for funding HERE

Startupbootcamp Fintech Dubai - Cohort III 

In partnership with Dubai International Financial Centre (DIFC), Visa, and Mashreq Bank, Startupbootcamp will accelerate a total of 40 startups across 4 cohorts in Dubai to support the city in its bid to become a world leader in financial services innovation and technology. The program will be open to startups from the MENA region as well as from around the world.

You can apply for funding HERE

Wamda Capital

Investing in transformational businesses & creating meaningful partnerships with entrepreneurs. Their experience in launching and growing MENA businesses, together with a community of experts and mentors at the Wamda Platform, mean their entrepreneur partners are uniquely placed to realize their vision.

You can apply for funding HERE 


Are you a startup looking for investment? Apply for funding to 85+ investors now.

July 2020 has seen a 45% drop in the number of deals, but total funding has increased by 72% when compared to the same month last year. Discover more trends and insights in our July 2020 Dashboard.