Expanding Investments in Disruptive Tech
Phoenix Venture Partners (PVP), a UAE-based venture capital firm, has successfully completed the second closing of its Phoenix Venture Partners Innovation Fund (PVPIF). This marks another milestone in PVP’s commitment to investing in early-stage startups across the MENA region and G20 economies.
The latest funding round brings in a diverse group of investors from France, Luxembourg, Mauritius, Kuwait, and Saudi Arabia (KSA). This group includes institutional investors, family offices, and high-net-worth individuals (HNWIs), further reinforcing confidence in PVP’s strategic vision.
Phoenix Venture Partners is Backing Innovation Across Multiple Sectors
PVPIF focuses on disruptive technologies in various high-growth industries, including:
- Fintech & Insurtech – Driving financial innovation
- Healthtech – Enhancing digital healthcare solutions
- Edtech – Revolutionizing education with technology
- Agri-Foodtech – Improving agricultural and food systems
- Energy Tech & Sustainability – Supporting green innovations
- E-Logistics & Mobility – Streamlining transportation and logistics
- Consumer Tech – Investing in next-gen consumer solutions
With fresh capital from this second closing, PVPIF is now well-equipped to execute live deals, expand its portfolio, and support emerging startups in these sectors.
Global Investors Show Confidence in PVP’s Vision
Steve Khayat, Founder & CEO of Phoenix Venture Partners, expressed gratitude for the strong investor backing:
“We are thrilled to be supported by such a distinguished group of investors from around the world. Their commitment is a testament to the strength of our investment strategy and the potential of the innovative companies we are backing.”
This global investor confidence further validates PVP’s role in fostering entrepreneurship and accelerating technological advancements in MENA and beyond.
What’s Next for Phoenix Venture Partners?
Following this second closing, PVPIF is set to deploy capital into promising startups, particularly in MENA markets, while maintaining a global outlook. The firm remains committed to nurturing visionary entrepreneurs and supporting the next wave of game-changing companies. The region is also going through a major shift in policy, focusing majorly on tech and startup ecosystems.
As PVP continues to expand its portfolio, it aims to drive meaningful impact in the innovation ecosystem, delivering strong returns for its investors while fueling the region’s startup and tech growth.
