Plus VC

Plus VC is an early-stage venture capital firm primarily focused on empowering tech and tech-enabled startups across the Middle East and North Africa (MENA) region. The firm provides crucial funding and strategic guidance to visionary founders, supporting them from the pre-seed and seed stages through to Series A. With a unique investment strategy, Plus VC aims to diversify risk by targeting a high volume of initial investments, typically around $100,000 at the seed stage, with follow-on allocations of up to $500,000 for top-performing portfolio companies. The firm is authorized by the ADGM Financial Services Regulatory Authority to manage collective investment funds.

Founded in 2020 by veteran investors Hasan Haider and Sharif El-Badawi, Plus VC emerged from a collective experience of over a decade in the venture capital space, including prior roles at 500 Startups' Falcons Fund. The team has been actively investing in the MENA region since 2010, accumulating over 250 transactions. Their approach is deeply founder-centric, emphasizing community building, extensive training, and access to capital reserves, distinguishing them from typical regional funds with their Silicon Valley origins and broad networks across the US and the MENA region.

Plus VC's portfolio showcases a diverse range of innovative companies addressing significant market challenges. Notable investments include Thndr, a digital investment platform in Egypt; BRKZ, an integrated B2B platform for the construction industry in Saudi Arabia; DXwand, a conversational AI platform specializing in Arabic dialects from Egypt; Holo, a digital mortgage platform in the UAE; GrowDash, a B2B SaaS tool for restaurants in the UAE; and Barakah, a food delivery startup for unsold restaurant surplus in Saudi Arabia. The firm also backs companies in sectors such as healthcare, consumer products, edtech, food-agtech, and climate solutions, with a preference for ventures aligned with UN Sustainable Development Goals and ESG factors.

The team at Plus VC comprises experienced investors and operators with diverse backgrounds in venture capital and entrepreneurial ventures. Key team members include Hasan Haider, Founder and Managing Partner, Ibrahim Alhejailan, Managing Partner, and Zainab Al Sharif, Partner. Their collective expertise and unified vision are dedicated to fostering the MENA region as a global hub for startups, providing not just financial backing but also operational resources, coaching, and mentorship to their portfolio companies.