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Top 35 Startup Investors in Iraq (September 2026)

The most active venture capital funds and angel investors investing in Iraq startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Iraq startup companies. Find investors to raise a Seed, Series A or Convertible Note round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Euphrates Ventures
VC Fund
3 Iraq Seed, Series A AgTech, Automotive, Agriculture
Al Sharqiya Television
VC Fund
3 Iraq Seed, Convertible Note Retail, Internet, Shopping
Bassam Falah
Angel
3 Iraq Seed, Convertible Note Retail, Internet, Shopping
Majid Al Futtaim Holdings LLC.
VC Fund
2 United Arab Emirates, Iraq, United States Series B, Seed E-Commerce, Information Technology, Internet $11M–$41M
Iraq Tech Ventures
VC Fund
2 Iraq Seed, Convertible Note Restaurants, Food Delivery, Search Engine
Global Founders Capital
VC Fund
2 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $575k–$30M
March Holding
VC Fund
2 United Arab Emirates, Iraq, Turkey Seed, Series A, Series B Transportation, Logistics, E-Commerce $3M–$11M
Kingsway Capital
VC Fund
2 United States, United Kingdom, United Arab Emirates Seed, Series A, Series B Financial Services, FinTech, Cryptocurrency $1.8M–$120M
Shwan Ibrahim Taha
Angel
2 Iraq Seed, Convertible Note Restaurants, Food Delivery, Search Engine
Vostok Ventures
VC Fund
2 Egypt, Iraq, Ukraine Series B, Seed, Series A Transportation, Bakery, EdTech $6M–$120M
Iraq Venture Partners
VC Fund
2 Iraq, United States Seed, Pre-Seed, Series A Retail, Finance, Internet
Subhi Khudairi
Angel
2 Iraq Seed, Convertible Note Restaurants, Food Delivery, Search Engine
Rawaz Rauf
Angel
2 Iraq Seed, Convertible Note Restaurants, Food Delivery, Search Engine
Snoonu
VC Fund
1 Iraq, Jordan Series A, Corporate Round Accounting, Restaurants, Food Delivery
Hyundai Technology Investment
VC Fund
1 South Korea, Iraq, United States Series A, Series B, Seed Manufacturing, Robotics, Information Technology $816k–$17M
Naveed Pasha
Angel
1 Iraq Convertible Note Retail, Internet, Shopping
EQIQ Ventures
VC Fund
1 Iraq Pre-Seed Internet, E-Commerce, Information Technology
Nour Sabri
Angel
1 Iraq Seed, Convertible Note Retail, Internet, Shopping
Edita Food Industries
VC Fund
1 Iraq Corporate Round Snack Food, Manufacturing, Consumer Goods
Omar Al-Handal
Angel
1 Iraq Seed, Convertible Note Retail, Internet, Shopping
Mohammed Khudairi
Angel
1 Iraq Seed, Series A, Convertible Note Restaurants, Food Delivery, Search Engine
Starlight Investments
VC Fund
1 Iraq Convertible Note Retail, Internet, Shopping
Mohamad Ferej
Angel
1 Iraq Seed, Convertible Note Retail, Internet, Shopping
The Pay It Forward Company
VC Fund
1 United States, Iraq Seed B2B, Cannabis, Wellness $1.5M–$3.5M
Northern Gulf Partners
VC Fund
1 Iraq Seed B2B, Marketplace, Food Delivery
Kerem Danish
Angel
1 Iraq Seed Retail, Internet, Shopping
Valuesystem
VC Fund
1 South Korea, Iraq, Vietnam Series B, Seed, Series A Manufacturing, Gaming, Travel $6k–$12M
EQIQ
VC Fund
1 Iraq, United Arab Emirates Pre-Seed, Seed Banking, Internet, Logistics $150k–$1.5M
MSA Novo
VC Fund
1 Egypt, India, Pakistan Seed, Pre-Seed, Series A Financial Services, E-Commerce, FinTech $1.5M–$32M
Mohammed Shaikley
Angel
1 Iraq Seed Retail, Internet, Shopping
Amar Shubar
Angel
1 Iraq Seed, Convertible Note Retail, Internet, Shopping
GS Retail
VC Fund
1 South Korea, Iraq, United States Series A, Seed, Series B Food and Beverage, Apps, Robotics $225k–$17M
Rayya Al Zubaydi
Angel
1 Iraq Seed, Convertible Note Retail, Internet, Shopping
MSA Capital
VC Fund
1 China, United States, Egypt Series A, Seed, Series B E-Commerce, Financial Services, Biotechnology $1.5M–$130M
F6 Ventures
VC Fund
1 Egypt, United Arab Emirates, Saudi Arabia Seed, Pre-Seed Software, E-Commerce, Information Technology $15k–$1.2M
Access all 48 investors in Iraq startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Euphrates Ventures
VC Fund · Washington, District of Columbia, United States · 3 investments in Iraq startups

Euphrates Ventures invests in a concentrated portfolio of high growth early-stage private companies operating in Iraq and the Kurdistan Region. Euphrates Ventures LP and The Euphrates Iraq Fund Ltd. are managed by Euphrates Advisors LLC.

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Investment focus

  • Industry: AgTech, Automotive, Agriculture
  • Stage:Seed, Series A
  • Geography: Iraq

Investor stats

  • Total investments: 5
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Nakhla — Nakhla provides cultivation, harvesting, and cleaning services to date palm trees. Users can subscribe to the company's services in exchange for a subscription fee and a revenue share of the palm tree harvest and users can adopt a date palm tree planted in a public space.
  • iQ Cars — Most popular car marketplace in #Iraq
  • Alsaree3 — Alsaree3 offers a point of sale (POS) and hardware technologies to help restaurants handle their own orders while providing fast-delivery services for their end-users.
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Al Sharqiya Television
VC Fund · London, England, United Kingdom · 3 investments in Iraq startups

Al Sharqiya TV is Iraq's first privately owned satellite channel

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Investment focus

  • Industry: Retail, Internet, Shopping
  • Stage:Seed, Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
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Bassam Falah
Angel · 3 investments in Iraq startups

Bassam Falah is a Founder and Managing Partner of Innovest Middle East VC.

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Investment focus

  • Industry: Retail, Internet, Shopping
  • Stage:Seed, Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
  • Alsaree3 — Alsaree3 offers a point of sale (POS) and hardware technologies to help restaurants handle their own orders while providing fast-delivery services for their end-users.
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Majid Al Futtaim Holdings LLC.
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Iraq startups

Majid Al Futtaim is a leading integrated lifestyle provider with brands across industries such as shopping malls, Hotels, Cinema, Hypermarket & much more.

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Investment focus

  • Industry: E-Commerce, Information Technology, Internet
  • Stage:Series B, Seed
  • Geography: United Arab Emirates, Iraq, United States

Investor stats

  • Total investments: 5
  • Round size: Seed $11M–$11M; Series B $30M–$41M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Baly — Baly is the cheapest and fastest taxi application in Baghdad.
  • Wadi — Wadi.com is the ultimate domain name for your modern startup venture. Short, sweet, and to the point, this 4-letter, 2-syllable gem exudes confidence and innovation. Evoking images of lush valleys and flowing streams, Wadi is a versatile an
  • Dreamscape Immersive — A place where time and space have no boundary. Each Dreamscape adventure is a shared VR experience, embracing the human desire to explore, learn and enjoy together.
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Iraq Tech Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Iraq startups

Iraq Tech Ventures provides minimum investment to approved startups in Iraq and the Middle East region.

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Investment focus

  • Industry: Restaurants, Food Delivery, Search Engine
  • Stage:Seed, Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Alsaree3 — Alsaree3 offers a point of sale (POS) and hardware technologies to help restaurants handle their own orders while providing fast-delivery services for their end-users.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 2 investments in Iraq startups

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 1090
  • Round size: Seed $1.3M–$9M; Pre-Seed $575k–$5M; Series A $5M–$30M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $2B in 2018

Portfolio highlights

  • sevDesk — Deutschlands beliebteste Buchhaltungssoftware: Rechnungen& Angebote erstellen, Buchhaltung erledigen, Kunden- &Lagerverwaltung u.v.m.
  • Cambridge Aerospace — Our mission is to eliminate the risk of existential war in Europe.
  • Arrakis Technologies — Arrakis partners with ambitious companies to deploy secure AI in production, taking them from experimentation to real-world impact at warp speed.
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March Holding
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Iraq startups

March Holding makes Investment in Commercial Enterprises & Management.

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Investment focus

  • Industry: Transportation, Logistics, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Iraq, Turkey

Investor stats

  • Total investments: 9
  • Round size: Seed $3M–$11M; Series A $4.5M–$6M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • GamerG — Online tournament platform for skill-based games, where players can compete and win prizes every day.
  • Toters — Fast & easy delivery. GET THE APP
  • TruKKer — TRUKKER is one of the leading names of logistics & transportation companies in UAE, KSA, Egypt & across the GCC. We offer logistics & transport & truck rental services in the MENA Region. Call us on +971 600-524642.
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Kingsway Capital
VC Fund · London, England, United Kingdom · 2 investments in Iraq startups

Kingsway Capital is a investment management firm.

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Investment focus

  • Industry: Financial Services, FinTech, Cryptocurrency
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, United Arab Emirates

Investor stats

  • Total investments: 106
  • Round size: Seed $1.8M–$13M; Series A $7.5M–$120M; Series B $6M–$70M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — last raise in 2009

Portfolio highlights

  • Mesh — Mesh Pay is a payment infrastructure platform that enables businesses to accept and send digital assets and cryptocurrency transactions through a single integration. It supports connectivity with hundreds of wallets and exchanges, and processes payments, deposits, verification,s and global payouts, settling funds in stablecoins or local currency toreduce volatility risk and increase completion rates. The platform includes SmartFunding™, which orchestrates funding from multiple sources to streamline checkout and payout processes, and offers real-time address validation and settlement features. Mesh Pay also provides programmable wallet capabilities for autonomous commerce and routes funds securely across wallets, banks and exchanges.
  • Mesh — Mesh enables safer, easier crypto transfers and payments from 300+ leading exchanges and wallets, all without leaving your platform
  • Open Campus — The Open Campus is a community-driven protocol that leverages the power of blockchain and invites all to build the future of education by putting the power of learning back in the hands of educators, students, and the community.
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Shwan Ibrahim Taha
Angel · Karrada, Baghdad, Iraq · 2 investments in Iraq startups

Shwan Ibrahim Taha

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Investment focus

  • Industry: Restaurants, Food Delivery, Search Engine
  • Stage:Seed, Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Alsaree3 — Alsaree3 offers a point of sale (POS) and hardware technologies to help restaurants handle their own orders while providing fast-delivery services for their end-users.
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Vostok Ventures
VC Fund · Kyiv, Kyyiv, Ukraine · 2 investments in Iraq startups

Vostok Ventures makes seed and early stage venture investments in IT projects from Eastern Europe. It focuses on mobile applications, e-commerce, cloud services, and the gaming industry. Vostok Ventures was co-founded by Michael Kharenko and Svyatoslav Pogrebnoy, and is based in Kyiv, Ukraine.

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Investment focus

  • Industry: Transportation, Bakery, EdTech
  • Stage:Series B, Seed, Series A
  • Geography: Egypt, Iraq, Ukraine

Investor stats

  • Total investments: 11
  • Round size: Seed $11M–$11M; Series B $6M–$120M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Baly — Baly is the cheapest and fastest taxi application in Baghdad.
  • Swvl — Swvl | Book Your Daily Ride or Make Money Driving Now
  • Breadfast — Fast & smooth shopping experience for the household.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Iraq Venture Partners
VC Fund · Baghdad, Baghdad, Iraq · 2 investments in Iraq startups

IVP is the first Iraq-based VC that focuses on investing behind high-potential Iraqi startups & SMEs.

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Investment focus

  • Industry: Retail, Finance, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Iraq, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Kudwa — Kudwa is an AI-powered finance platform that unifies data, automates multi-entity consolidation, and gives leaders a trusted, real-time view of performance.
  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
  • Alsaree3 — Alsaree3 offers a point of sale (POS) and hardware technologies to help restaurants handle their own orders while providing fast-delivery services for their end-users.
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Subhi Khudairi
Angel · Houston, Texas, United States · 2 investments in Iraq startups

Subhi Khudairi is an angel investor based in Houston, Texas.

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Investment focus

  • Industry: Restaurants, Food Delivery, Search Engine
  • Stage:Seed, Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Alsaree3 — Alsaree3 offers a point of sale (POS) and hardware technologies to help restaurants handle their own orders while providing fast-delivery services for their end-users.
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Rawaz Rauf
Angel · As Sulaymaniyah, As Sulaymaniyah, Iraq · 2 investments in Iraq startups

Rawaz Rauf

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Investment focus

  • Industry: Restaurants, Food Delivery, Search Engine
  • Stage:Seed, Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Alsaree3 — Alsaree3 offers a point of sale (POS) and hardware technologies to help restaurants handle their own orders while providing fast-delivery services for their end-users.
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Snoonu
VC Fund · Doha, Ad Dawhah, Qatar · 1 investments in Iraq startups

Snoonu is a personal concierge and delivery company based in Qatar. Snoonu was launch in two phases: Phase one, launched in April 2019 focuses on offline services personal concierge and door to door delivery. Phase two, launched in October 2019 involves using the snoonu mobile eCommerce application to order products online. Snoonu will expandinto a fully functional eCommerce website. The delivery fee ranges from QR 10 and above depending on the customer’s location.

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Investment focus

  • Industry: Accounting, Restaurants, Food Delivery
  • Stage:Series A, Corporate Round
  • Geography: Iraq, Jordan

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • HASIF — HASIF provides AI-powered cloud accounting software for SMEs focused on invoicing, reporting, and compliance.
  • Alsaree3 — Alsaree3 offers a point of sale (POS) and hardware technologies to help restaurants handle their own orders while providing fast-delivery services for their end-users.
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Hyundai Technology Investment
VC Fund · Seongnam, Kyonggi-do, South Korea · 1 investments in Iraq startups, 8 in the past 12 months

Hyundai Technology Investment is a venture capital firm that mainly invests in early-stage companies and is based in South Korea.

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Investment focus

  • Industry: Manufacturing, Robotics, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, Iraq, United States

Investor stats

  • Total investments: 55
  • Round size: Seed $816k–$10M; Series A $1.2M–$7M; Series B $4.5M–$17M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • AddedBiome — AddedBiome is a Korean wellness food company focused on gut-health snacks and kombucha.
  • Scone — Meechu (Scone) is a virtual creator and entertainment platform focused on VTuber-style digital characters. It enables users to create, animate, and stream 3D avatars using motion tracking and interactive tools. The platform supports immersive online performances, audience engagement, and digital content creation through AI-assisted avatartechnology and real-time virtual interaction systems.
  • Cafe Manwolgyeong — Cafe Manwolgyeong is a customer-centered cafe brand that values different cafes and related products.​​
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Naveed Pasha
Angel · 1 investments in Iraq startups

Naveed Pasha

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Investment focus

  • Industry: Retail, Internet, Shopping
  • Stage:Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
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EQIQ Ventures
VC Fund · 1 investments in Iraq startups

EQIQ Ventures is a venture capital fund.It supports startups and aims to build a robust ecosystem of innovation, entrepreneurship in Iraq.

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Investment focus

  • Industry: Internet, E-Commerce, Information Technology
  • Stage:Pre-Seed
  • Geography: Iraq

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Wayl — Wayl is an e-commerce platform. It aids in the transition of social media merchants into genuine businesses. It receive online payments without having to register a business or join up with a payment gateway.
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Nour Sabri
Angel · Dubai, Dubai, United Arab Emirates · 1 investments in Iraq startups

Nour Sabri is based out of Dubai and is the Founder and CEO of BorrowMe. Nour previously worked at Finastra as a Lead Client Partner, Banking as a Service. Nour Sabri attended the University of Auckland.

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Investment focus

  • Industry: Retail, Internet, Shopping
  • Stage:Seed, Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
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Edita Food Industries
VC Fund · Ramadan City, Ash Sharqiyah, Egypt · 1 investments in Iraq startups

Edita manufactures, packages, markets and distributes a range of selected confectionary products such as jam, juices, ready-made meals, baked snack products and pastries, chocolates, dairy products, fruits and vegetables, meat products, and other food related products and ingredients used in the manufacturing of said products. The company is ableto engage in alternative operations and activities in addition to amending its primary purpose in accordance with the Investment Law and with the explicit permission of the General Authority for Free Zones and Investments (GAFI). Edita is also capable of pursuing ownership stakes in other companies as well as entering into joint ventures of any kind, in accordance with Egypt’s laws and regulations.

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Investment focus

  • Industry: Snack Food, Manufacturing, Consumer Goods
  • Stage:Corporate Round
  • Geography: Iraq

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Tuama Jebur Abbas — Tuama Jebur Abbas is a family-owned snack manufacturing company that provides quality-based packaged snacks.
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Omar Al-Handal
Angel · 1 investments in Iraq startups

Omar Al-Handal is the Managing director of Al Handal International Group.

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Investment focus

  • Industry: Retail, Internet, Shopping
  • Stage:Seed, Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Mohammed Khudairi
Angel · 1 investments in Iraq startups

Mohammed Khudairi

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Investment focus

  • Industry: Restaurants, Food Delivery, Search Engine
  • Stage:Seed, Series A, Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Alsaree3 — Alsaree3 offers a point of sale (POS) and hardware technologies to help restaurants handle their own orders while providing fast-delivery services for their end-users.
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Starlight Investments
VC Fund · Houston, Texas, United States · 1 investments in Iraq startups

Starlight Investments founded in 1999, is an agent-only investment bank that specializes in merger & acquisition and PIPEs (private investments in public equities) for mid-stage, profitable private and public companies in the US and abroad. Whereas most of the firm's investment banking clients have annual EBITDAs of at least $3.5 million,the company provides a range of corporate financial services to companies of all sizes. Recent successful fundings have been completed in several industries including Energy, Real estate, Healthcare/Life Sciences, Financial services, Manufacturing and Retail, however, most of the firm's current engagements and expertise lie in Energy, clean technology and alternative fuel sources. Starlight team members are working on financing a geothermal project in Indonesia, a biodiesel plant in the Southeast U.S. and a wind-based electricity system manufacturer in Canada, among others.

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Investment focus

  • Industry: Retail, Internet, Shopping
  • Stage:Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
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Mohamad Ferej
Angel · 1 investments in Iraq startups

Mohamad Ferej

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Investment focus

  • Industry: Retail, Internet, Shopping
  • Stage:Seed, Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
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The Pay It Forward Company
VC Fund · Miami, Florida, United States · 1 investments in Iraq startups

We invest in source-solving rather than symptom-solving. We fund and found ventures creating new paradigms. And we donate 20% of GP profits to philanthropy, because we believe in paying it forward.

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Investment focus

  • Industry: B2B, Cannabis, Wellness
  • Stage:Seed
  • Geography: United States, Iraq

Investor stats

  • Total investments: 3
  • Round size: Seed $1.5M–$3.5M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $42M in 2020

Portfolio highlights

  • Feals — Feals is a modern wellness brand delivering thoughtful, cannabis-based health supplements designed to keep your head clear and help you feel your best. Our mission is to provide a simple, healthy, better way to feel better.
  • Lezzoo — Lezzoo wants to build the “super-app of the Middle East,” starting with an on-demand delivery service in Iraq. The company currently delivers food, beverages, groceries and pharmaceuticals to users in Iraq. The founder says they are seeing positive unit economics, including a net profit of 63 cents per delivery. The market is huge — 40 millionpeople live in Iraq, but there is no digital infrastructure in place to serve the needs of an increasingly mobile population. The founder claims there’s a demand for mobile services like Lezzoo, citing that current users are placing two orders per month. Due to the lack of digital infrastructure in the country, Lezzoo is tasked with solving the problems of payments and mapping in addition to scaling its delivery network.
  • Talyn Air — Inspired by two-stage rockets, our innovative eVTOL uses two flight vehicles to transform flight. Fixed-wing performance with VTOL capabilities.
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Northern Gulf Partners
VC Fund · New York, New York, United States · 1 investments in Iraq startups

Northern Gulf Partners is a leading investment firm and financial advisory services provider in Iraq. Since its inception NGP has been dedicated to providing the primary bridge between Iraq's best businesses and the world's leading investors.

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Investment focus

  • Industry: B2B, Marketplace, Food Delivery
  • Stage:Seed
  • Geography: Iraq

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Lezzoo — Lezzoo wants to build the “super-app of the Middle East,” starting with an on-demand delivery service in Iraq. The company currently delivers food, beverages, groceries and pharmaceuticals to users in Iraq. The founder says they are seeing positive unit economics, including a net profit of 63 cents per delivery. The market is huge — 40 millionpeople live in Iraq, but there is no digital infrastructure in place to serve the needs of an increasingly mobile population. The founder claims there’s a demand for mobile services like Lezzoo, citing that current users are placing two orders per month. Due to the lack of digital infrastructure in the country, Lezzoo is tasked with solving the problems of payments and mapping in addition to scaling its delivery network.
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Kerem Danish
Angel · 1 investments in Iraq startups

Kerem Danish

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Investment focus

  • Industry: Retail, Internet, Shopping
  • Stage:Seed
  • Geography: Iraq

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
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Valuesystem
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in Iraq startups

Korean asset management company.

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Investment focus

  • Industry: Manufacturing, Gaming, Travel
  • Stage:Series B, Seed, Series A
  • Geography: South Korea, Iraq, Vietnam

Investor stats

  • Total investments: 8
  • Round size: Seed $417k–$1.6M; Series B $6k–$12M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • CafeWhale — The on-chain loyalty layer for CafeWhale's 700+ autonomous cafe network.
  • The Hyuil — The Hyuil is a travel and workation coordinator that provides various services to customers who work while traveling.
  • LDCarbon Co. — LD Carbon manufactures recycled resource materials designed to reduce carbon dioxide emissions. The company's eco-friendly material is manufactured by refining, processing, and commercializing combustion residues from combustion residues gas, oil, and steel that are generated through pyrolysis after crushing waste tires, enabling clients torecycle resource materials that reduce emissions, use crude oil resources, and solve environmental problems caused by waste tires for a sustainable future.
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EQIQ
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 1 investments in Iraq startups

EQIQ is a venture capital and venture builder headquartered in ADGM, focused on Iraq. EQIQ is building the first wave of tech champions in Iraq.

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Investment focus

  • Industry: Banking, Internet, Logistics
  • Stage:Pre-Seed, Seed
  • Geography: Iraq, United Arab Emirates

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $150k–$1.5M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Wayl — Wayl is an e-commerce platform. It aids in the transition of social media merchants into genuine businesses. It receive online payments without having to register a business or join up with a payment gateway.
  • Boxy — Boxy is a tech-enabled logistics solution that meets small businesses and social sellers' diverse delivery needs. Our platform simplifies shipping, providing efficient, reliable, and scalable solutions for everything from local deliveries to national shipments. Whether you're a growing business or an independent seller, Boxy handles itall—from pick-up to delivery—allowing you to focus on your business while we manage your logistics.We offer customizable delivery options, transparent pricing, and seamless tracking, making it easier for businesses to serve customers. With Boxy, you can streamline your operations, optimize costs, and ensure your products reach customers quickly and securely. Our tech-enabled platform integrates with your existing sales channels, offering a simple, all-in-one solution to manage your delivery operations.Boxy is your trusted partner in delivering excellence, designed to help small businesses and social sellers grow without worrying about logistics.
  • InstaBank — InstaBank operates as a digital bank.
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MSA Novo
VC Fund · Singapore, Central Region, Singapore · 1 investments in Iraq startups

MSA Novo, a multi-stageglobal venture capital firm, boasts a diverse portfolio of startups and established businesses in tech, fintech, and consumer sectors.

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Investment focus

  • Industry: Financial Services, E-Commerce, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Egypt, India, Pakistan

Investor stats

  • Total investments: 64
  • Round size: Seed $1.5M–$11M; Pre-Seed $1.5M–$6.5M; Series A $6.6M–$32M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
  • Tap Protocol — Tap Protocol is a protocol that focuses on the development of bitcoin capabilities through the Ordinals system.
  • Yellow Metal — Fintech company that provides Gold loan
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Mohammed Shaikley
Angel · Dubai, Dubai, United Arab Emirates · 1 investments in Iraq startups

Mohammed is a seasoned investment executive with over two decades of experience in private equity, investment banking, M&A, and finance. He has led transactions and strategies across energy, infrastructure, industrials, real estate, technology, and other key sectors. As Chief Investment Officer of a UAE-based conglomerate, he oversees a globalportfolio spanning emerging and developed markets, where he designs and executes investment strategies for acquisitions, portfolio growth, and dispositions. Previously, Mohammed served as Senior Director of Investments and M&A at AMEA Power, a renewable energy company operating across Africa, the Middle East, and Asia, where he helped scale the company into a leading regional renewable energy player. He spearheaded M&A, strategy, investment, and financing initiatives, and notably secured its first institutional equity raise from the SoftBank Group. Before AMEA Power, Mohammed was a founding member and Managing Director at Investbridge Capital, a DIFC-based private equity firm. He directed the group’s direct investments, driving growth in AUM, sector diversification, and overall scale. Earlier in his career, he held a range of roles in private equity and investment banking. Mohammed holds a Juris Doctor in Law and an MBA from Chapman University, as well as a BA in Political Science from the University of California. He also completed the Executive Program in Infrastructure & Project Finance at Harvard University.

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Investment focus

  • Industry: Retail, Internet, Shopping
  • Stage:Seed
  • Geography: Iraq

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
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Amar Shubar
Angel · 1 investments in Iraq startups

Amar Shubar is a partner at Management Partners Consulting.

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Investment focus

  • Industry: Retail, Internet, Shopping
  • Stage:Seed, Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
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GS Retail
VC Fund · Yeoksamdong, Seoul-t'ukpyolsi, South Korea · 1 investments in Iraq startups

GS Retail sells beauty and skincare products, candles, gifts, perfumes, bathroom accessories and other products.

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Investment focus

  • Industry: Food and Beverage, Apps, Robotics
  • Stage:Series A, Seed, Series B
  • Geography: South Korea, Iraq, United States

Investor stats

  • Total investments: 25
  • Round size: Seed $225k–$1.6M; Series A $2.4M–$5.9M; Series B $2.7M–$17M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • PO:DL — PO:DL is a beauty and skincare brand. It develops and retails a variety of skincare products, including hydrating masks, pore-cleansing balms, and skin care packs. Its flagship product, the 'Gongju Balm Balm-to-Foam Cleanser,' is a gel-type cleanser that utilizes balm ingredients and eliminates the need for double cleansing.
  • The Grit — The Grit manufactures multi-use container and collection boxes.
  • CafeWhale — The on-chain loyalty layer for CafeWhale's 700+ autonomous cafe network.
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Rayya Al Zubaydi
Angel · 1 investments in Iraq startups

Rayya Al Zubaydi

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Investment focus

  • Industry: Retail, Internet, Shopping
  • Stage:Seed, Convertible Note
  • Geography: Iraq

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
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MSA Capital
VC Fund · Beijing, Beijing, China · 1 investments in Iraq startups, 6 in the past 12 months

MSA Capital is a global venture capital and private equity firm that invests in technology-enabled companies from seed to growth stage. The firm manages capital from the world's top sovereign wealth funds, international asset managers, pension funds, university endowments, fund of funds, and family offices, as well as China's leading neweconomy entrepreneurs.

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Investment focus

  • Industry: E-Commerce, Financial Services, Biotechnology
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Egypt

Investor stats

  • Total investments: 153
  • Round size: Seed $1.5M–$11M; Series A $3.5M–$33M; Series B $10M–$130M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Sand.ai — Sand AI is an AI company that focuses on producing videos.
  • Memory tensor — Memory tensor designed with a focus on systematic innovation, grounded firmly in fundamental principles, serves as a powerful tool for scalable and adaptable intelligence. Its architecture emphasizes three core attributes: low cost, ensuring economic feasibility and accessibility; low illusion, reducing overfitting and minimizing hallucinations ormisleading outputs; and high generalization.
  • Westlake Lingxi — Westlake Lingxi develops brain-computer interface technologies, including neuro-prosthetic systems and neural decoding solutions, to support rehabilitation for people with language and movement disorders.
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F6 Ventures
VC Fund · Gîza, Al Jizah, Egypt · 1 investments in Iraq startups

F6 Ventures is a leading seed stage venture capital firm operating across emerging markets. We back exceptional founders from idea-stage all the way to Series A, combining early capital with strategic support and a commitment to long-term partnership. With deep ties across the Middle East, Africa, and beyond, we empower innovative startups to scalewith purpose and impact. We manage over $90M in AUM across more than 300 investments in seven countries. By investing early in Pre-Seed to Pre-Series A rounds, we help founders cover initial costs, develop their product, and take it to market. This early capital acts as a launchpad, enabling startups to hit key milestones like securing first customers, attracting follow-on funding, and making significant strides forward.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Egypt, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 357
  • Round size: Seed $15k–$1.2M; Pre-Seed $49k–$600k
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $95M in 2023

Portfolio highlights

  • Tagaddod — Tagaddod is a renewable Energy and Waste Management Egyptian company, started in February 2013 and operating in Cairo –Egypt. Currently focusing on clean fuels, Tagaddod is working on Biodiesel production from Vegetable Oils. Biodiesel is a fuel alternative that is produced from waste vegetable oils and used in conventional diesel engines, whichcan directly substitute for or extend supplies of traditional petroleum diesel.
  • Makan Home — SHEN168 adalah situs toto togel online yang terpercaya, menawarkan pengalaman bermain yang aman dan menyenangkan bagi para penggemar togel online.
  • MyAlice — The modern customer service and social selling platform. Support anytime and sell anywhere with all your messages, orders, and agents in one place.
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Investor funding in Iraq at a glance

Stats across 36 deals from 48 investors.

48
investors
in Iraq startups
36
deals
in Iraq startups
$1.9M
median round
in Iraq startups
48%
lead investors
lead at least one round
28%
Seed
most common funding stage
67/33
VC / Angel
share of investor count

Access all 48 investors in Iraq startups.

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VC (Venture Capital) Funds in Iraq by industry