# EQ2 Ventures

> EQ2 Ventures is a VC fund in Dubai backing E-Commerce and Retail. See 30 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Dubai, United Arab Emirates
- Total investments: 30
- Last investment: Sep 2025
- Lead investor: 37%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/eq2-ventures
- Website: https://www.eq2ventures.com/

EQ2 Ventures is an investment firm that invests in Seed to Series B-stage startup companies. It was incorporated as a spin-off of Equitrust, a corporate VC arm launched in 2015 by Choueiri Group to capture opportunities linked to the digital transformation of the Middle East. Relying on a strong network of strategic investors and mentors, EQ2Ventures helps talented entrepreneurs solve major consumers and business problems, build sustainable companies. and create long-term value.

## Contacts

5 contacts available for EQ2 Ventures. Shizune tracks 1 team members at EQ2 Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/equitrust-choueiri-group-investment-fund?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.1M–$5M |
| Series A | $1.5M–$15M |
| Series B | $2.5M–$10M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 8 | 27% |
| Retail | 4 | 13% |
| Sales | 2 | 7% |
| Beauty | 2 | 7% |
| Consumer | 2 | 7% |

48 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 10 | 33% |
| Seed | 9 | 30% |
| Series B | 4 | 13% |
| Pre-Seed | 2 | 7% |
| Series C | 1 | 3% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Arab Emirates | 7 | 23% |
| Egypt | 2 | 7% |
| Kenya | 2 | 7% |
| Jordan | 2 | 7% |
| Saudi Arabia | 2 | 7% |

9 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Patrick Thiriet | CEO & Founder | 2 | https://shizune.co/investors/profile/patrick-thiriet-ca14 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Tern Group | Tern Group is an AI Platform to hire and relocate top healthcare talents globally, faster and cheaper. TERN is a full-stack solution to source and relocate top-tier medical and engineering talent from India, North Africa, South Africa, and Central Asia and the approach ensures a seamless, ethical, and transparent migration process, drasticallycutting complexity and shaving costs for healthcare systems. | $24M | Series A | Sep 10, 2025 |  |
| Coraly | Coraly.ai is a UAE-based proptech company that provides an AI-powered growth platform designed specifically for real estate professionals. The platform aims to help agents save time and grow their business by offering tools for lead enrichment, automated campaigns, 24/7 lead qualification, and performance insights. These solutions help realestate agents acquire and convert more customers, integrating with existing CRM platforms and automating various sales and marketing tasks—such as multi-portal publishing and real-time performance optimization. | $2M | Pre-Seed | Aug 13, 2025 |  |
| Flowcart | Sukhiba is a decentralized community-based commerce platform. | $1.6M | Seed | Jul 30, 2024 |  |
| Uncover | Uncover is a beauty company that provides skincare products for consumers. The company's mission is to inspire, support, educate, and empower women to take control of health and well-being and become the most trusted skin-care brand. Uncover was founded in 2020 and is based in Kenya. | $1.4M | Seed | Jul 15, 2024 |  |
| Flowcart | Sukhiba is a decentralized community-based commerce platform. | $1.5M | Seed | Oct 25, 2023 |  |
| Julaya | Julaya is a fintech providing African businesses with a digital account to make payments : disbursing mobile money transactions to their employees, suppliers, and owning their own virtual and physical prepaid cards. By digitizing their operations on the Julaya platform, businesses have access to digital loans. | $5M | Seed | Sep 21, 2022 |  |
| Hala | Hala is the UAE's first car insurance product that rewards you for driving safely. For each day you're accident free, you get hala coins which you spend on meals, gym memberships, and hotel stays. | $5M | Series A | Aug 29, 2021 |  |
| AIfluence | AIfluence is an Artificial Intelligence-driven end to end influence marketing platform. AIfluence accurately match influencers with brands, monitors & manages high impact audience based campaigns in real-time, with an ability to accurately predict and deliver measurable results and ROI. The platform utilizes advanced AI technologies that deepdives into clients' key demographic evolving and adapting with the audience to deliver impactful and emotional connections in campaigns. | $1.4M | Seed | Jul 15, 2021 |  |
| Speero | Speero is an automotive spare part market place. | $1.8M | Seed | Jul 12, 2021 |  |
| Homzmart | Homzmart is an e-commerce platform that sells home furniture, home décor, lighting, and home supplies. The company specializes in the fields of home improvement, eCommerce, home directory, technology, and home shopping. It was founded in 2019 and headquartered in Cairo, Al Qahirah. | $15M | Series A | May 21, 2021 |  |

10 of 30 investments shown.

## Co-investors
- [Wamda Capital](https://shizune.co/investors/profile/wamda) — VC Fund, 7 deals together
- [500 Global](https://shizune.co/investors/profile/500-startups) — VC Fund, 5 deals together
- [Nuwa Capital](https://shizune.co/investors/profile/nuwa-capital) — VC Fund, 4 deals together
- [Impact46](https://shizune.co/investors/profile/impact46) — VC Fund, 3 deals together
- [AdamTech Ventures](https://shizune.co/investors/profile/adamtech-ventures) — VC Fund, 2 deals together
- [CRE Venture Capital](https://shizune.co/investors/profile/africa-angels-network) — VC Fund, 2 deals together

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## FAQ

### What does EQ2 Ventures invest in?

EQ2 Ventures invests primarily in E-Commerce, Retail and Sales startups, most often at Series A and Seed stage. Most of the 30 investments tracked by Shizune back companies in United Arab Emirates. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is EQ2 Ventures's check size?

EQ2 Ventures typically joins rounds of $1.1M–$5M at Seed, $1.5M–$15M at Series A and $2.5M–$10M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds EQ2 Ventures participates in.

### How do I contact EQ2 Ventures?

Public channels for EQ2 Ventures include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at EQ2 Ventures?

The team at EQ2 Ventures includes Patrick Thiriet (CEO & Founder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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