Mobily Ventures

Corporate VC Riyadh, Saudi Arabia ·Founded 2014

Overview

Mobily Ventures is the corporate venture capital arm of Etihad Etisalat Co. (Mobily), established in 2014 and based in Riyadh, Saudi Arabia. The fund focuses on developing startups that drive innovation in the Information and Communications Technology (ICT) industry. Its investment areas include e-commerce, mobile financial services, digital advertising, digital content, entertainment, IT services, and cloud services. As a wholly-owned subsidiary of Mobily, Mobily Ventures operates with its own decision-making, approval, and funding processes. The fund has invested in several companies, including Anghami, the first music-streaming platform in the MENA region, which became the first Arab technology company to list on NASDAQ New York in 2021. Mobily Ventures aims to support the startup ecosystem through investments and partnerships, contributing to the growth and development of the technology and telecommunications sectors in the MENA region.

Investment Focus

  • Innovative technology solutions
  • Scalable business models
  • Strong management teams

Portfolio Companies

AnghamiFetchrHellofoodDokkan Afkar

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Frequently asked questions about Mobily Ventures

What sectors does Mobily Ventures invest in?

Mobily Ventures invests in E-commerce, Entertainment, IT Services, Cloud Services, Digital Advertising and Information and Communications Technology, and is based in Riyadh, Saudi Arabia. Mobily Ventures is listed as a corporate vc in the ConnectSafely investor database.

What stage does Mobily Ventures invest at?

Mobily Ventures backs companies at Seed, Early Stage and Growth.

Which regions does Mobily Ventures invest in?

Mobily Ventures invests across India, United Arab Emirates, Saudi Arabia and Bahrain.

What companies has Mobily Ventures invested in?

Mobily Ventures's portfolio includes Anghami, Fetchr, Hellofood and Dokkan Afkar.

How do I contact Mobily Ventures?

Mobily Ventures's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of the team.

Last updated · Source: ConnectSafely investor database