Company Profile
Middle East Venture Partners (MEVP) is a prominent Middle East-focused venture capital firm established in 2010. The firm specializes in providing both early and growth-stage funding to innovative technology companies across the GCC and Levant regions, with a broader investment appetite spanning MENA, Pakistan, and Turkey. MEVP actively seeks out exceptional founders who are leveraging technology to drive innovation and improve societies, offering not only capital but also strategic guidance and resources to help startups scale effectively.
Founded by Walid Hanna, who serves as Chairman and Co-CEO alongside Co-CEO Walid Mansour, MEVP has grown to become one of the largest and most established VC firms in the region. The firm's investment strategy is centered on identifying high-growth potential companies that can make a significant long-term impact across various sectors. They are known for their patient capital approach, understanding the challenges associated with scaling businesses in the dynamic tech landscape.
MEVP's diverse portfolio includes notable companies such as Anghami, the first legal music streaming platform in the Arab world to go public, Nana, a leading online grocery delivery service, and Bykea, a Pakistani super app offering transport and delivery services. The firm has also achieved significant exits, including a partial exit from Fresha, a beauty and wellness software platform, which generated substantial returns. With the recent launch of the $150 million Middle East Venture Fund IV (MEVF IV), MEVP continues to bolster its commitment to supporting digital services and tech-based solutions that address local challenges and align with global trends.
The MEVP team comprises experienced professionals with a deep understanding of the regional market and a passion for supporting entrepreneurs. Key team members include Partners Ali Almajthoob, Jad El Boustani, and Rabih I. Khoury (also Chief Exit Officer), along with Executive Directors Fahed Qteishat and Germine Bouchnack. Their collective expertise and extensive network are instrumental in providing the strategic support and frameworks necessary for their portfolio companies to succeed in the marketplace.
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