# INNOVEST Middle East

> INNOVEST Middle East is a VC fund in Dubai backing Retail, Internet and Shopping. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Dubai, United Arab Emirates
- Total investments: 2
- Last investment: Jan 2022
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/innovest-me
- X (Twitter): https://twitter.com/innovest_me
- Website: https://innovest.me/
- Facebook: https://www.facebook.com/Innovest.me/

INNOVEST Middle East is an Investment Firm that incubates the lean expansion of high potential startups across the Middle East region; against an Equity Stake, we provide high potential startups with the resources and tools needed to scale up and accelerate their regional expansion.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Retail | 1 | 50% |
| Internet | 1 | 50% |
| Shopping | 1 | 50% |
| E-Commerce | 1 | 50% |
| Restaurants | 1 | 50% |

8 industries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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. | $3.2M | Convertible Note | Jan 12, 2022 |  |
| Orisdi | Orisdi provides customers with a wide range of products with a unique customer experience. |  | Convertible Note | Feb 23, 2021 |  |

2 of 2 investments shown.

## Co-investors
- [Iraq Tech Ventures](https://shizune.co/investors/profile/iraq-tech-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Innova Memphis](https://shizune.co/investors/profile/innova-memphis) — VC Fund

## FAQ

### What does INNOVEST Middle East invest in?

INNOVEST Middle East invests primarily in Retail, Internet and Shopping startups, most often at Convertible Note stage. Most of the 2 investments tracked by Shizune back companies in Iraq. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did INNOVEST Middle East last invest?

The most recent investment recorded for INNOVEST Middle East closed in Jan 2022. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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