Phoenix Venture Partners

🚀 Attention Lebanese Entrepreneurs in the MENA Region! Phoenix Venture Partners is thrilled to announce our partnership with LIFE Lebanon for the upcoming LIFE Pitch Night in Dubai on May 15, 2025. This event will connect Lebanese founders with investors and mentors to help accelerate their growth. Applications are now open! If you're a Lebanese entrepreneur looking to scale your startup, apply by April 7, 2025, for a chance to pitch. Event Details: Hosted by: PwC Middle East Sponsored by: Middle East Venture Partners (MEVP) Partners: Access Bridge Ventures, Dubai Angel Investors - DAI, Middle East Venture Partners (MEVP), Saudi Angel Investors, Wamda Capital, and Phoenix Venture Partners Outreach partners: LebNet, Endeavor Global Advisors, and Endeavor Lebanon. Eligibility Criteria:  ✅ At least one Lebanese founder or partner ✅ Based in the MENA region ✅ MVP ready with 6+ months of traction ✅ Seeking $150K–$1M in funding ✅ Tech or tech-enabled startup Learn more and apply here: https://lnkd.in/dxrJffs6 Don't miss this incredible opportunity to take your startup to the next level! #startup #pitchnight #MENA #VC

Exciting News! We're thrilled to welcome Zahi Hilal to the Phoenix Venture Partners team as our newest Investment Associate! With over 7 years of dedicated experience supporting entrepreneurs across the dynamic MENA region, Zahi brings a powerful combination of value-driven investment analysis and hands-on venture building expertise. He excels at guiding founders through the most critical stages of their journey, from securing early-stage funding to achieving crucial product-market fit and scaling their innovative ventures. Zahi's passion for fostering innovation shines through his diverse sector experience, spanning cleantech, healthtech, agritech, and e-commerce. He firmly believes in the transformative power of technology to drive positive change across the MENA region. Prior to joining PVP, Zahi played a pivotal role in establishing Iraq Venture Partners, the first Baghdad-based VC. As their inaugural employee, he contributed significantly to shaping the fund's legal structure, defining its investment mandate, and developing effective fund strategies. He also spearheaded pipeline generation and due diligence activities, demonstrating his keen eye for identifying promising investment opportunities. Furthermore, Zahi has collaborated with numerous entrepreneurship support organizations and universities throughout the MENA region, implementing impactful donor-funded programs aimed at nurturing aspiring founders in cleantech, agritech, edtech, and social entrepreneurship. This experience has provided him with a deep understanding of the region's entrepreneurial ecosystem and the challenges faced by early-stage startups. Zahi holds a Master's in Engineering Management from the prestigious American University of Beirut, equipping him with a strong foundation in both technical and managerial principles. We're incredibly excited to have Zahi join our team and contribute his unique skills and expertise to our mission of supporting groundbreaking ventures in the MENA region. Welcome aboard, Zahi! We're eager to see the incredible impact you'll make. #VentureCapital #VC #Investments #MENA #Innovation #Startups #JoinPVP #InvestmentAssociate #Entrepreneurship #TechForGood #MENAStartups

Over an engaging two days, PVP's executive leadership actively participated in Investopia 2025. This event brought together industry leaders and experts from around the world for insightful discussions on the future of investment. PVP's founding directors conducted a series of private meetings with allocators, business leaders, and entrepreneurs, aiming to seize new opportunities and strengthen PVP's position as the fastest-growing venture capital firm in the GCC. #Investopia2025 #AbuDhabi #GCC #MENA #Venturecapital

Phoenix Venture Partners Limited (PVP), a leading venture capital firm specializing in disruptive technologies, today announced backing Assurly, a prominent French Insurtech company. PVP's investment was finalized on December 15, 2024, with the effective date of the transaction being on February 19th, 2025. With a seat on Assurly’s Board of Directors, PVP will support Assurly’s ambitious growth strategy, by leveraging its extensive experience and resources to assist Assurly in expanding its operations further into the European market, by leading its upcoming series B funding round. PVP’s long term strategy will aim to ultimately support Assurly’s expansion into the MENA region, and replicate its success across various insurance verticals. "We are thrilled to back Assurly and support their innovative approach to the insurance industry," said Steve Khayat, Founder, MD & CEO at Phoenix Venture Partners. "Our investment underscores our commitment to investing in outliers, fostering growth and innovation in the Insurtech sector, and we look forward to working closely with Assurly as they expand into new markets." Faris Al-Obaid, M.A., Co-Founder & Non-Executive Director of Phoenix Venture Partners, added, “This investment represents more than just a portfolio company; it marks the beginning of a successful journey with Assurly, now a Venture-Backed Company, built on shared values and vision. We believe in Assurly’s potential and are excited to work together, to shape the future of insurance across continents.” Toufik Gozim, CEO & Founder of Assurly, expressed enthusiasm for the collaboration, saying, “We are excited to welcome Phoenix Venture Partners as a strategic partner. Their expertise, global network, and deep understanding of disruptive innovation will help accelerate our mission to redefine insurance and expand into untapped markets. Together, we are well-positioned to scale our impact across Europe and the MENA region.” Assurly has established itself as a leader in transforming the French insurance landscape, providing cutting-edge solutions that enhance customer experience and streamline operations. With the backing of Phoenix Venture Partners a, Assurly is well positioned to further expand its European presence.   About Assulry Assurly is an Insurtech company that is redefining the insurance industry with its comprehensive technology solutions.  Founded by Toufik Gozim and Mickael Benhassen, Assurly has built a proprietary technology platform that leverages AI and automation to deliver a next-generation insurance experience. Its autonomous business model allows Assurly to innovate rapidly, disrupt traditional players and offer customers a one-click insurance solution at very competitive rates Assurly has earned the trust and support of some of the most influential leaders in the insurance industry, who have invested significantly to support its vision. #insuretech #fintech #VentureCapital #earlystage #investtoday

Phoenix Venture Partners Announces Second Closing of Phoenix Venture Partners Innovation Fund (CEIC) Limited Welcoming New Investors from France, Luxembourg, Mauritius, Kuwait, and KSA Abu Dhabi, 19 February 2025 – Phoenix Venture Partners ("PVP") is pleased to announce the successful second closing of its fund, Phoenix Venture Partners Innovation Fund (CEIC) Limited ("PVPIF"). This milestone marks a significant step forward in PVP's mission to support and invest in groundbreaking innovations and technologies. The second closing brings in a diverse group of investors from France, Luxembourg, Mauritius, Kuwait, and the Kingdom of Saudi Arabia (KSA). This group includes institutional investors, family offices, and high-net-worth individuals (HNWI). PVP is honored to welcome these esteemed investors, whose participation underscores the global confidence in PVPIF's strategic vision and investment approach. "We are thrilled to have the support of such a distinguished group of investors from around the world," said Steve Khayat, Founder & CEO at Phoenix Venture Partners. "Their commitment is a testament to the strength of our investment strategy and the potential of the innovative companies we are backing." PVPIF focuses on early-stage investments in disruptive technologies across various sectors, including Fintech & Insurtech, Healthtech, Edtech, AgriFoodtech, Enertech & Sustainability, e-Logistics and Mobility tech, and Consumer tech, focusing on the MENA region with a global outlook (G20 economies).  With the additional capital from this second closing, PVPIF is well-positioned to execute live deals, expand its portfolio and drive meaningful impact in the innovation ecosystem. Phoenix Venture Partners remains dedicated to fostering innovation and delivering value to its investors. The firm looks forward to continuing its work with visionary entrepreneurs and industry leaders to build the next generation of disruptive companies. For more information, please contact hello@pvp-me.com #VentureCapital #VC #Fund #ADGM #GCC #MENA #TechInvestments

Phoenix Venture Partners Limited (PVP) is proud to support our co-founder and non-executive director, Faris Al-Obaid, M.A., as he represents #Kuwait in the 9th Asian Winter Games in #China and the World Championship in #Austria! At PVP, we believe in excellence both on and off the slopes. Faris embodies our commitment to pushing boundaries and achieving greatness, whether it's in the boardroom or on the ski slopes. As an Olympic FIS skier and a key member of the Kuwait National Ski Team, Faris's dedication and passion are truly inspiring. Just as Faris navigates the challenging terrains of competitive skiing, PVP navigates the dynamic landscape of venture capital. We are dedicated to identifying and nurturing innovative startups that have the potential to transform industries and make a global impact. Our presence on the world stage, through Faris's athletic achievements and our investment endeavors, showcases our commitment to excellence and our global vision. Join us in cheering for Faris as he competes at the highest levels, and let's continue to drive innovation and success together! #PVP #Sponsoredathlete #AsianWinterGames2025 #Harbin2025 #WorldSkiChampionship2025 #FIS #SKI #KuwaitNationalSkiTeam #VentureCapital #VC #Innovation #GlobalImpact

We are thrilled to have both our Co-Founder & Executive Director Dr. Mussaad M. Al-Razouki and our Fund Investor 🎯 Dr. Ali Al Sanousi, MD, MBA, PhD represent Phoenix Venture Partners at the Qatar Financial Market Forum 2025. Their collaborative efforts at this prestigious event and the strong working relationship PVP maintains with its investors are key to navigating new opportunities and driving our success in the financial market, notably on the venture capital scene.. #PhoenixVenturePartners #QatarFinancialMarketForum #VentureCapital #InvestmentOpportunities #Partnerships #Innovation #Collaboration #Coinvest #GPLP

Phoenix Venture Partners Welcomes Renowned Billionaire Investor, Patrick Lucas, as a Notable Investor We’re thrilled to announce that Phoenix Venture Partners has secured a significant investment from renowned billionaire investor, Patrick Lucas. As a notable Investor, Patrick’s investment is a testament to our fund’s strong investment thesis, experienced team, and robust portfolio of promising startups. “We are honored to welcome Patrick Lucas to our investor base,” said Faris Al-Obaid, M.A. Co-Founder and Non-Executive Director of Phoenix Venture Partners. “Patrick’s invaluable expertise and global network will undoubtedly strengthen our position as a leading technology venture capital firm in the region. With his support, we’re excited to continue identifying and nurturing the next generation of tech leaders.”   “The MENA Venture Capital scene is growing at an accelerating rate,” said Steve Khayat, Founder, MD & CEO “whereas in the third quarter of 2024, 51% of VC funding to the MENA came from outside the region, making it the first time international investments has outdone regional funding in MENA, a tipping point for the VC ecosystem, one that is also applicable to PVP, evident in the capital commitment of Mr. Lucas”   With this strategic partnership, we’re well-positioned to accelerate our investment activities and support the growth of our portfolio companies. #PVP #VentureCapital #TechInvestments #MENA #Innovation #VCFund #FundInvesting #GCC #G20 Image : (France, Paris - Mr. Patrick Lucas & Mr. Faris Al-Obaid)

We're Thrilled to Welcome Volker Arringer as Our First Venture Partner! We're excited to announce that Volker Arringer has joined Phoenix Venture Partners as our first Venture Partner. With a distinguished career spanning global markets, Volker brings over a decade of expertise in consulting, strategic development, and investment advisory across diverse and dynamic regions. Having served in the Austrian Armed Forces and graduated from The American University of Paris Volker possesses a unique blend of discipline and global perspective. His extensive experience in West Africa, with postings in Congo-Brazzaville and Gabon, coupled with his eight-year tenure in Saudi Arabia, including a role with a prominent private office, provides him with a deep understanding of emerging markets. As a member of the Austro-Arab Chamber of Commerce and an active investor with business interests in #SaudiArabia, Volker is deeply connected to key growth regions. His global outlook and local expertise will be instrumental in supporting PVP's mission to empower groundbreaking entrepreneurs and expand into #emergingmarkets. "Volker's experience in high-growth regions and his unique ability to bridge international markets make him an exceptional addition to our team," said Faris Al-Obaid, M.A., Co-Founder & Non-Executive Director at Phoenix Venture Partners. "We're thrilled to leverage his insights as we identify transformative opportunities and support our portfolio companies." "I am delighted to join PVP and contribute to its vision of supporting impactful ventures," said Volker. "I look forward to leveraging my global experience to drive growth and innovation." Please join us in welcoming Volker to the Phoenix Venture Partners team! #venturecapital #techinvestments #innovation #startup #middleeast #africa #venturepartner #investment #technology

Phoenix Venture Partners Takes the Stage at #MoneyTech2024! We're excited to announce that Steve Khayat, Founder, Managing Director, and CEO of Phoenix Venture Partners, will be a featured speaker at MoneyTech2024 in Kuwait! Mark your calendars for November 10th as Steve joins the panel discussion titled: "The Road to Public and Private Markets for Homegrown Businesses." Steve will leverage his 23+ years of experience and expertise (including overseeing $1.6 billion in AUM and achieving $6 billion in investment banking deals) to share valuable insights on: Navigating investment opportunities for growth Understanding both public and private market options Strategies for success for homegrown businesses This is a must-attend event for entrepreneurs and investors alike! Secure your free seat today and join the conversation at aljaridasummits.com. #MoneyTech2024 #Investment #Entrepreneurship #Kuwait #PhoenixVenturePartners #PVP #GCC AlJarida Summits AlJarida Newspaper