Profile
Shorooq is a venture capital and private credit investment firm based in the MENA region, with a focus on empowering visionary founders. They have a dynamic and multi-dimensional approach to investment, combining extensive international experience with local expertise. Shorooq prides itself on being a supportive partner for founders, guiding them from the early stages of their journey through growth and maturity. They focus on sectors including fintech, software, frontier tech, and platform solutions, proving crucial support in rapidly emerging markets.
Shorooq invests across various stages, with a preference for early-stage companies, and focuses on the MENA region and other growth markets. Their investment size typically ranges from $1-5 million, indicative of their support for promising startups and scale-ups. With a considerable portfolio of strategic investments, Shorooq applies a multi-asset, multi-strategy focus to ensure sustained growth for both their partners and investors.
Notable investments in Shorooq's portfolio include Pure Harvest - sustainable agriculture, Tamara - buy-now-pay-later platform, TruKKer - tech logistics, NymCard - digital payment solutions, and Sarwa - robo-advisor wealth management. These ventures illustrate Shorooq's commitment to sectors such as fintech and healthtech, where innovation meets a growing market demand.
Industry
Shorooq Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Bedaya Fund I
|
Venture Capital (VC)
|
Financial Services
Fintech
Food and Beverage
Foodtech
SaaS
Software
Transportation
|
Pre-seed
Seed
|
Middle East
|
$5-10 m
|
$50 M
|
December 2018
|
|
Bedaya Fund II
|
Venture Capital (VC)
|
Financial Services
Fintech
Food and Beverage
Foodtech
SaaS
Software
Transportation
|
Pre-seed
Seed
|
North America
Middle East
|
$5-10 m
|
$170 M
|
March 2022
|
|
Presight–Shorooq Fund I
|
Venture Capital (VC)
|
Financial Services
Fintech
Food and Beverage
Foodtech
Healthcare Services
SaaS
Software
Transportation
|
Pre-seed
Seed
|
North America
Middle East
|
$5-10 m
|
$100 M
|
September 2025
|
|
Nahda Fund II
|
Venture Capital (VC)
|
Financial Services
Fintech
Industrial
SaaS
Software
|
Seed
Series A
|
Middle East
Africa
|
$5-10 m
|
$103 M
|
May 2024
|
Contacts
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