Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Shorooq Partners

Founders Mahmoud Adi Shane Shin

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 138
Average round size
info
The average size of a deal this fund participated in
$7M
Portfolio companies 66
Rounds per year 17.25
Lead investments 15
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.51
Exits 1
Key employees 4

Areas of investment

  • E-Commerce
  • FinTech
  • Financial Services
  • Information Technology
  • Marketplace
Summary

Shorooq Partners appeared to be the VC, which was created in 2016. The leading representative office of defined VC is situated in the Abu Dhabi. The company was established in Asia in United Arab Emirates.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Shorooq Partners, startups are often financed by 500 Startups, Arzan Venture Capital, Raed Ventures. The meaningful sponsors for the fund in investment in the same round are 500 Startups, Wamda Capital, Riyad TAQNIA Fund (RTF). In the next rounds fund is usually obtained by Middle East Venture Partners (MEVP), 500 Startups, U.S. Venture Partners (USVP).

The current fund was established by Shane Shin. Besides them, we counted 4 critical employees of this fund in our database.

Besides, a startup needs to be aged 2-3 years to get the investment from the fund. For fund there is no match between the location of its establishment and the land of its numerous investments - United States. The fund has exact preference in a number of founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Among the various public portfolio startups of the fund, we may underline Impact Guru, LUNCH:ON, Tank Utility Among the most popular fund investment industries, there are mHealth, Financial Services.

Deals in the range of 1 - 5 millions dollars are the general things for fund. The fund is constantly included in 7-12 investment rounds annually. Considering the real fund results, this VC is 28 percentage points more often commits exit comparing to other organizations. The important activity for fund was in 2019.

Read more

Look at other 50 related and similar funds Collapse list
Fund NameLocation
B7inc Maryland, Rockville, United States
Cielo Talent Brookfield, United States, Wisconsin
Foundation for technological innovation -
Global Merces Media -
Qingdao Chaofeng Investment China, Japan, Kagoshima Prefecture
Southern Company Atlanta, Georgia, United States
TFI International California, Los Angeles, United States
Unicorn Ascension Fund India, Maharashtra, Mumbai
Untapped California, San Francisco, United States
XDL Capital Group Canada, Ontario, Toronto

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Ad-Shield

$2M19 Feb 2024 Seoul, Seoul-t'ukpyolsi, South Korea

DXwand

Artificial Intelligence
$4M25 Jan 2024 Cheyenne, Wyoming, United States

Lendo

Finance
Financial Services
FinTech
$28M10 Dec 2023 Saudi Arabia, Riyadh Region, Saudi Arabia

Immensa

3D Printing
3D Technology
E-Commerce Platforms
Energy
Manufacturing
Oil and Gas
$20M29 Nov 2023 Dubai, United Arab Emirates

Pearl Semiconductor

Semiconductor
$4M08 Oct 2023 Amsterdam, Noord-Holland, The Netherlands

Dharma

Hospitality
Tourism
Travel
$4M04 Oct 2023 Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

DealCart

Grocery
Group Buying
Retail
Shopping
05 Jul 2023 Karachi, Sindh, Pakistan

The Food Lab

Catering
Food and Beverage
Restaurants
01 Jul 2023 Cairo, Al Qahirah, Egypt

Hafla | حفلة

E-Commerce Platforms
Event Management
Events
01 Apr 2023 Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates
News
Egyptian startup Capiter raises $33M to expand B2B e-commerce platform across MENA

– B2B e-commerce startup Capiter raised $33m in Series A funding.
– The round was co-led by Quona Capital and MSA Capital.
– Other participating investors include Savola, Shorooq Partners, Foundation Ventures, Accion Venture Lab and Derayah Ventures.
– Capiter was launched in July 2020 by Mahmoud Nouh and Ahmed Nouh.
– The company solves problems around reach and insights for suppliers and manufacturers.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Shorooq Partners?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 138
Average round size 7M
Rounds per year 17.25
Peak activity year 2021
Lead investments 15
Follow on index 0.51
Exits 1
Group Appearance index 0.61

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Ad-Shield

$2M19 Feb 2024 Seoul, Seoul-t'ukpyolsi, South Korea

DXwand

Artificial Intelligence
$4M25 Jan 2024 Cheyenne, Wyoming, United States

Lendo

Finance
Financial Services
FinTech
$28M10 Dec 2023 Saudi Arabia, Riyadh Region, Saudi Arabia

Immensa

3D Printing
3D Technology
E-Commerce Platforms
Energy
Manufacturing
Oil and Gas
$20M29 Nov 2023 Dubai, United Arab Emirates

Pearl Semiconductor

Semiconductor
$4M08 Oct 2023 Amsterdam, Noord-Holland, The Netherlands

Dharma

Hospitality
Tourism
Travel
$4M04 Oct 2023 Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

DealCart

Grocery
Group Buying
Retail
Shopping
05 Jul 2023 Karachi, Sindh, Pakistan

The Food Lab

Catering
Food and Beverage
Restaurants
01 Jul 2023 Cairo, Al Qahirah, Egypt

Hafla | حفلة

E-Commerce Platforms
Event Management
Events
01 Apr 2023 Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates
Crunchbase icon

Content report

The following text will be sent to our editors: