Abraseed

✨ We are thrilled to announce the launch of Abraseed-1, Abramundi first €50M seed fund aiming to invest at early stage in 100 innovative tech projects in the MENA and GCC region by 2027. 📍Over the past decade, Europe, the USA and China have captured most of pre-seed/seed funding for innovative ventures. However, this paradigm is changing as the MENA and GCC regions are emerging as the new goto for seeding disruptive tech startups in the next 10 years. 🌎 Abraseed-1 is an investment fund gathering entrepreneurs, investors and business angels eager to finance a new generation of entrepreneurs in the MENA-GCC Region, in order to capture the many opportunities arising from climate change, social transformations and the digitalization of economies in these countries 🌐 The combination of good will, strong tech expertise and material equity backing will help build innovative startups, able to adress the great challenges of our time and capable of fostering a shared prosperity as well as a more peaceful region. 🔬 By investing in technology, we aim to put entrepreneurship at the service of high-performance, tolerant, equitable and responsible societies. 👉 French version : https://lnkd.in/e6vemyr5 #InvestmentFund #Entrepreneurship #MENA #GCC #Innovation #SustainableProsperity Jean-David BENICHOU Sam Sadroleslami Galith Abbou Benichou Raphaël Loucheux Refael Benadmon Chloe G.

🚀 𝐄𝐚𝐫𝐥𝐲-𝐒𝐭𝐚𝐠𝐞 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐍𝐞𝐰𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐌𝐄𝐍𝐀 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐄𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦 𝐎𝐯𝐞𝐫 𝐭𝐡𝐞 𝐋𝐚𝐬𝐭 𝐖𝐞𝐞𝐤! 🇸🇦 Bubbl (Mobile) – Pre-seed round of $350K A developer of a social networking app designed to prioritize close connections and creative expression in posts. The app provides live text updates from users' closest friends, allowing them to stay connected by tracking each other's thoughts and statuses every time they unlock their smartphone. This feature enables users to share updates directly on the home screen. 🇦🇪 JADA Squad (IT) – Angels round of $1M A provider of data analysis solutions aimed at fostering talent development. The company delivers professional guidance, expert advice and soft skills training, empowering clients with teams of highly skilled data and AI specialists. 🇹🇷 NOVUS (SaaS) – Seed round of $2.5M A media creation platform developer dedicated to enhancing productivity and creativity in content creation. The company utilizes cutting-edge AI techniques to generate entirely original content, including articles, blogs, and advertisements, while also supporting shorter tasks like email drafting, fact-checking, and text rewriting. 🇮🇱 Converge Bio (BioTech) – Seed round of $5.50M Converge leverages cutting-edge AI and machine learning to accelerate drug discovery, focusing on personalized medicine and reducing the cost and time involved in clinical trials. The funds will help the company scale its platform and enhance R&D capabilities. 🇮🇱 FertilAI (HealthTech) – Seed round of $4.5M FertilAI is a healthcare company specializing in technologies that enhance fertility treatment success rates, improve patient experiences, and support clinic scalability. Its AI-driven algorithms streamline the treatment process and assist physicians in making optimal clinical decisions. 🇮🇱 Twine Security (Cyber Security) – Seed round of $12M A cybersecurity platform developer focused on providing automated identity management solutions. The company leverages AI-driven digital employees to streamline tasks, minimize human errors, and allow cybersecurity teams to dedicate their efforts to strategic initiatives. This empowers clients to enhance their cybersecurity defenses and achieve improved results. Source: PitchBook Congratulations to all the startups that secured funding! #StartupEcosystem #VentureCapital #VC #MENA

𝐈𝐧𝐯𝐞𝐬𝐭 𝐢𝐧 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐌𝐄𝐍𝐀: 𝐉𝐨𝐢𝐧 𝐀𝐛𝐫𝐚𝐬𝐞𝐞𝐝’𝐬 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐀𝐧𝐠𝐞𝐥𝐬 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦 🌍 Are you an investor looking to support high-potential startups in the MENA region? Abraseed’s Business Angels Platform offers exclusive access to vetted startups ready for growth. Why Join? ✅ Curated list of investments opportunities from 8 countries in the region ✅ Invest through dedicated SPV’s, Incorporated and managed by Abraseed on a deal-by-deal mechanism ✅ A powerful network of experienced angels and founders ✅ Make a difference in the region’s entrepreneurial landscape 👉 Want to learn more? Register your interest in the form below. https://lnkd.in/eAYHYDBx *Limited to qualified investors #BusinessAngels #MENAInvesting #ImpactInvestment #AngelInvesting

💡𝐈𝐧𝐯𝐞𝐬𝐭 𝐒𝐦𝐚𝐫𝐭𝐞𝐫 𝐢𝐧 𝐌𝐄𝐍𝐀'𝐬 𝐓𝐞𝐜𝐡 Are you a business angel looking to tap into MENA's high-growth tech startups? Going it alone often means missing out. Abraseed gives you direct access to premier deal flow across eight countries—the kind of high-impact opportunities you don’t want to miss. We’re more than just a network; we’re a community of forward-thinking angels sharing exclusive insights to help you maximize ROI and stay ahead in MENA’s fast-evolving tech landscape. 📅Join our upcoming exclusive conference call. 💬Message us directly for details on how you can be part of this high-impact network. #AngelInvesting #MENAtech #TechInvestors #VCnetwork

Last year, the GCC emerged as a notable hub for venture capital investments, contrasting the global downturn. The region has positioned itself as an ideal environment for venture capital funding in recent years. Despite receiving only 1% of global venture capital funding, the GCC region saw a notable 30% growth last year. In its latest GCC venture market report, PULSAR said that this growth came as other major regions, including the MENA region, saw notable declines. Read more: https://lnkd.in/dHsAPiuD #GCC #Gulf #venturecapital #Finance #Funding #Markets

🚀 Why is the MENA/GCC region emerging as the next sweetspot for pre-seed and seed tech investments? Join us on October 22 as Jean-David BENICHOU, Founder and President of Abraseed, dives into the MENA region's booming tech ecosystem. Discover the exciting investment opportunities shaping the future of this high-growth market. We are also offering an opportunity to join Abraseed or Abraseed Club as a business angel or as a limited partner, connecting you with high-growth startups across the region. Don’t miss this opportunity! Register now.

Approaching the end of Q3 2024: Key Highlights in MENA Pre-Seed & Seed Tech Funding General Investment Activity (Jan - Sep 2024): 🔹 612 companies secured funding 🔹 688 deals were closed 🔹 771 investors participated 🔹 $799.2M USD in total capital invested 🔹 $36.8M USD was the largest deal size 🔹 1 Exit recorded Investment Activity by Quarter: 🔸 Q1 2024 – Kicked off strong with 141 deals closed  🔸 Q2 2024 – Saw a slight dip, closing 74 deals  🔸 Q3 2024 –  80 deals closed Top 5 Investment Verticals: 1️⃣ AI (27.61%) 2️⃣ SaaS (22.22%) 3️⃣ FinTech (15.03%) 4️⃣ Mobile (14.54%) 5️⃣ CleanTech (9.15%) Source: PitchBook #MENA #GCC #Startup #Innovation #VentureCapital

Pre-seed and seed funding news in the MENA/GCC Startup Ecosystem over the last week! 🚀 🇦🇪 iCodejr.com (EdTech) - Undisclosed iCodejr is an operator of an online coding academy designed for school students. The platform provides live, STEM-accredited coding courses, featuring a curriculum rooted in Bloom's Taxonomy and aligned with structured educational standards. 🇦🇪 Coral (ClimateTech) - Seed round of $3M Coral is tackling environmental issues with innovative B2B solutions, focused on carbon offset and carbon credit marketplace. It offers a carbon management and offsetting platform that aims to offer a clear solution for taking actionable steps towards environmental responsibility through carbon offsetting. Their platform features a blockchain-based marketplace for carbon credits, catering to corporate entities seeking to offset their carbon emissions as well as individual consumers interested in making eco-friendly purchases. 🇮🇱 Bluebricks (SaaS) - Seed round of $4.5M Bluebricks developed a cloud infrastructure management platform aimed at simplifying provisioning and governance. Their platform includes features like automated deployment, policy enforcement, and real-time visibility, allowing enterprises to attain cloud sovereignty, reduce risk, and optimize resource use across multi-cloud environments while implementing changes accurately and efficiently. 🇮🇱 KOIOSTech (SaaS) - Seed round of $5M KOIOS is focused on revolutionizing business productivity with AI-powered software solutions. It developed of an AI-driven platform designed to identify online stock manipulation and various threats. This platform offers real-time, actionable insights into financial risks and manipulation efforts targeting publicly traded companies, allowing businesses to safeguard themselves against stock manipulation schemes and enhance their communication strategies. 🇸🇦 Dallali دلّالي (PropTech) - Seed round (Undisclosed) Dallali developed a comprehensive platform for all property management needs, featuring a unified dashboard with performance indicators, as well as tools for listing, leasing, and expense tracking. The company’s platform provides a centralized dashboard, performance metrics, listing and leasing tools, expense tracking, automatic reminders, online payment options, and report export capabilities. This empowers property operators and agents to manage contracts, track performance, and streamline financial and maintenance processes. Source: PitchBook #MENA #GCC #Startup #Innovation #VentureCapital

We are wishing everyone in Saudi Arabia a joyous and proud celebration on this special occasion of Saudi National Day! May the country continue to thrive and prosper, united under its rich heritage and visionary future