EQ2 Ventures – Investment Company

About us

EQ2 Ventures is an evergreen investment company where strategic investors with a strong business legacy help talented entrepreneurs build long term value. It was built on the foundations of Equitrust, a corporate VC arm launched in 2015 by Choueiri Group to capture opportunities linked to the emerging digital economy in the Middle East.

2015 LAUNCH OF EQUITRUST

FIRST INVESTMENTS INTO DIGITAL CONTENT AND AD-TECH
2016 EXPANSION INTO MARKETPLACES & E-COMMERCE
2017 11 PORTFOLIO COMPANIES
2018 SELECTIVE FOLLOW-ONS
2019 PORTFOLIO > $60MIO
2020 CREATION OF EQ2 VENTURES HOLDING LTD.
2021 FIRST INVESTMENTS IN SUB-SAHARAN AFRICA
2022 PORTFOLIO > $100MIO

portfolio
companies
2,

jobs created by
our portfolio
companies
$

m+
combined
Revenue
%
yoy revenues
growth

Investment Scope

Verticals
- Ad-tech
- E-commerce
- E-com Enablers
- B2C Marketplaces
- Ed-tech
- Fin-tech
- SaaS
Geographies

We invest in startups based in the Middle East and Africa, where we can add value through synergies with our existing portfolio and network
Stages

We focus on Seed to Series A stages, with a capacity to follow-on and invest up to $2-3M in our most successful portfolio companies

Our Team

PATRICK THIRIET
CEO
MANISH PHULWANI
Associate Director
IMAN BEHEIRY
Head of Operations

Investment Committee

HOSAM ARAB
Co-Founder, Tabby
NOOR LOZI
Investor, Kingsway Capital
ELIE HABIB
Co-Founder, Anghami
ABDULAZIZ ALRUGAIB
Co-Founder, Imtiaz
JOEL AYALA
Co-Founder &
Partner, Class 5

Portfolio

Testimonials

ANASS BOUMEDIENE & MEHDI OUDGHIRI

Co-founders of Eyewa

EQ2 Ventures has helped us tremendously from the start of our journey at Eyewa, always trying to help us grow and challenge ourselves to do more things in a better way. They leverage their extensive network in MENA to connect us with multiple partners, from media and tech to HR and data analytics. The EQ2 team decides fast and allows startups to focus on what matters: more company building and less fundraising.
MAHMOUD FATHY & MOHAMMAD KHARTABIL

Co-founders of ArabyAds

After 4 years of purely organic growth, we were very cautious about getting the right external investors into ArabyAds. But our decision to bring EQ2 Ventures onboard is proving to be of immense value to us, and the support they extend goes far beyond a monetary investment. Their network, their ability to spot synergies or strategic collaboration opportunities are the main reasons we are confident we chose the right partners.
RAMI ALQAWASMI & MOHAMED JABER

Co-founders of Mawdoo3

EQ2 Ventures invested in Mawdoo3 at the beginning of our journey. We have come a long way since then, and they have supported our vision all along the way, allowing us to focus on growing our business whilst opening many doors. As board members, they have always added great value to our decision making and strategy, playing a very important role in getting us to where we are today.