Startups
Shorooq Partners is the leading early-stage venture capital firm in the Middle East, North Africa and Pakistan. The firm is grounded on the fundamental principle: “Founders' Partners, Company Builders and Value Investors." The Founding Partners: Mahmoud Adi and Shane Shin represent years of entrepreneurship and professional investment experience in venture capital and private equity in the United Arab Emirates, Saudi Arabia, United States and more.
Shorooq's mission is to propel the technology startup innovation landscape in the region. The firm has a portfolio of 40+ startups across fintech, platform and software. Shorooq received Investor of the Year Award, Fastest Growing VC Awards among others.
Shorooq Partners was founded in 2016, headquartered in Abu Dhabi and is the first regional VC firm to be regulated by ADGM.
For more information, please visit www.shorooq.ae
Shorooq's mission is to propel the technology startup innovation landscape in the region. The firm has a portfolio of 40+ startups across fintech, platform and software. Shorooq received Investor of the Year Award, Fastest Growing VC Awards among others.
Shorooq Partners was founded in 2016, headquartered in Abu Dhabi and is the first regional VC firm to be regulated by ADGM.
For more information, please visit www.shorooq.ae
Overview
Location
United Arab Emirates, Abu Dhabi Emirate, Abu Dhabi
Employees
11-50
Founded date
2016
Mentions in press and media 15
| Date | Title | Description |
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| Jul 15, 2024 | Earthshot winner 44.01 raises $37M Series A | Climate tech 44.01 has raised $37M Series A funding for its mineralisation technology which aims to eliminate CO2 safely, permanently and at scale. The funding will enable 44.01 to continue to refine its technology, develop commercial-scale... |
| Mar 22, 2024 | Web3: A Work in Progress, Not a Lost Cause Animoca Brand's Robby Yung, Future Perfect Ventures' Jalak Jobanputra, and Shorooq Partners' Tarek Fouad feel that there is a revival of interest in Web3 players and offerings | |
| Nov 10, 2021 | Immensa secures $7 million Series A funding to expand capabilities in the Middle East | United Arab Emirates (UAE)-based 3D printing bureau Immensa Technology Labs has raised $7 million in a Series A funding round. The funding round was led by energy investment firm Energy Capital Group (ECG), Al Turki Ventures, and other prom... |
| Sep 15, 2021 | Meet the founder: Retailo’s Talha Ansari talks supply chain digitalization in the Middle East | Disclosure: AFN’s parent company AgFunder is an investor in Retailo. Unlike in Europe and North America, grocery shopping in much of Asia and the Middle East doesn’t typically revolve around big-brand supermarket chains stocking everything ... |
| Mar 15, 2021 | Saudi based fintech startup Lendo raises US $ 7.2 million in Series A | Lendo, a Riyadh based fintech company, announced on 14th March 2021 that it has US $ 7.2 million in its Series A round. The round was led by Derayah Ventures along with participation from Shorooq Partners, 500 startups, Impact46 and Seedra ... |
| Nov 19, 2020 | Kenyan bus booking platform, QuickBus raises six-figure round, plans launch in Nigeria and Ghana | Share this article: Kenyan-based bus booking platform, QuickBus is in the closing stages of securing an undisclosed six-figure investment. This comes ten months after the startup closed $1m in seed funding led by Shorooq Partners. However, ... |
| Jul 5, 2020 | We're In This Together: Business Resources, Offers, And More For MENA Entrepreneurs To Get Through The Coronavirus Pandemic | July 5, 2020 15+ min read You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. It’s safe to say that it’s been a tough couple of days for all of us in the MENA region, as we grapple with the adverse eff... |
| Jun 18, 2020 | Abu Dhabi Investment Office invests USD 5 million in Shorooq Partners’ Bedaya Fund | Abu Dhabi Investment Office (ADIO) has invested USD 5 million in Abu Dhabi-based Shorooq Partners’ Bedaya Fund, the two entities announced today in a joint statement. Bedaya is a USD 40 million fund—and the second fund by Shorooq—that has b... |
| Mar 9, 2020 | ‘Breadfast looking to expand outside of Egypt after latest seven-figure raise’ | Breadfast, a Cairo-based startup which delivers breakfast products to its users, is preparing to close a Series-B round and has just launched what its CEO Mostafa Amin claimed in a LinkedIn post today, is the “first native cloud supermarket... |
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FAQ about Shorooq Partners
When was Shorooq Partners founded?
Shorooq Partners was founded in 2016.
What has the press written about Shorooq Partners?
Parsers VC has collected 15 articles mentioning Shorooq Partners, among them “Earthshot winner 44.01 raises $37M Series A” (Jul 15, 2024) and “Web3: A Work in Progress, Not a Lost Cause Animoca Brand's Robby Yung, Future Perfect Ventures' Jalak Jobanputra, and Shorooq Partners' Tarek Fouad feel that...” (Mar 22, 2024).
Is Shorooq Partners still active?
Yes, Shorooq Partners is active; its latest activity on Parsers VC dates from Jul 16, 2024.