News

Global VC Firm Ignites European AI Future

Funding
October 31, 2026, 3:32 pm
BY Venture Partners successfully closed its $60 million Fund III, boosting total assets under management beyond $200 million. This global early-stage venture firm significantly expands its European footprint. A strategic new office opened in Lisbon. The firm's core focus targets AI-native technology companies. These ventures operate at pre-seed to Series A stages. They aim to transform enterprise workflows. They also seek global scale. Spain emerges as a priority market within this expansion. Key tech hubs like London, Paris, and Berlin are also targeted. This strategic move reinforces BY Venture Partners' commitment. It bridges European innovation with international capital and networks. The firm leverages a proven track record of backing successful, high-growth companies. Its unique "built by founders, for founders" approach continues to attract promising ventures.

BY Venture Partners, a prominent global early-stage venture capital firm, announced a significant capital infusion. It successfully closed its third investment vehicle, Fund III. This new fund secured $60 million. The closure propels the firm's total assets under management past the $200 million mark. The Dubai Future District Fund anchored this investment. Other institutional players, corporate venture arms, and family offices also participated. These included Multi Lane, Transmed Capital, and the Idriss Family Office. This diverse backing underscores confidence in the firm’s investment strategy.

The firm maintains a robust global mandate. It operates across over 16 international markets. A substantial two-thirds of its capital deploys outside the MENA region. Its focus extends particularly to Europe and North America. This broad geographic spread demonstrates a truly international investment scope.

A cornerstone of Fund III's strategy involves AI-native companies. These ventures must reimagine enterprise workflows. They must also scale globally from day one. BY Venture Partners will invest primarily up to $1 million per operation. The target stages range from pre-seed to Series A. This targeted approach seeks high-growth potential. It identifies companies poised for significant international impact.

Europe stands at the forefront of this new investment push. BY Venture Partners established a new office in Lisbon, Portugal. This strategic European hub signals a deepening commitment to the continent. The Lisbon office will serve as a central operational point. It will focus intensely on opportunities in Spain and Portugal. Spain, in particular, stands as a priority market. The firm sees immense potential in its tech ecosystem.

Beyond the Iberian Peninsula, BY Venture Partners targets other European tech hotbeds. Madrid, London, Paris, and Berlin are key locations. These cities drive rapid advances in AI-native software development. Europe produces formidable technical talent. This talent often seeks international capital and global commercial scale. The Lisbon presence directly addresses this need. It aims to connect European founders with global networks. Cross-border deployment opportunities become more accessible.

BY Venture Partners already boasts a strong track record. Its earlier funds, Fund I and Fund II, delivered impressive results. They supported four companies achieving unicorn status. Many other portfolio companies reached valuations in the hundreds of millions. The firm consistently generated meaningful returns for its limited partners. This history of success provides a robust foundation for Fund III.

The current portfolio showcases this prowess. Investments include identity verification leader Onfido. Cybersecurity innovator PQShield also features. Huspy, a real estate technology company, is another success story. Huspy originated in Dubai. It maintains its European headquarters in Madrid. This underscores the firm's existing ties to the Spanish market. Nova, a Spanish company connecting high-potential professionals, also received backing. Isometric, Invisible Technologies, and Cosyne complete a diverse list of current investments.

The firm's leadership brings unique insights. Its four partners are all repeat entrepreneurs. Ghaith Yafi, Abdallah Yafi, Rami Jisr, and Sohrab Jahanbani previously built and exited businesses. This "built by founders, for founders" philosophy informs their investment decisions. It offers invaluable operational experience to portfolio companies. They understand the challenges of building and scaling global ventures.

The European tech landscape presents compelling opportunities. It offers a rich talent pool and innovative spirit. Ambitious entrepreneurs continually emerge. Many startups are born with international aspirations. BY Venture Partners believes some of the next great technology companies will originate here. AI applications in enterprise workflows are particularly attractive. The firm seeks to empower these innovators. It provides both capital and strategic guidance.

This expansion solidifies BY Venture Partners' position. It becomes a crucial international investor in early-stage tech. Its focus on AI and global scalability is timely. The firm bridges regional innovation with global market access. This strategy promises long-term returns for its partners. It also fosters the growth of groundbreaking technologies.

The move comes at a pivotal moment. The global tech industry seeks disruption. Artificial intelligence offers unprecedented transformation. Enterprises worldwide look for efficiency and innovation. BY Venture Partners stands ready to fund the solutions. Its robust financial backing and experienced team provide a competitive edge. The future of European AI innovation looks brighter with this commitment. The firm’s global vision ensures these innovations reach markets far beyond their origins.