EQIQ

Overview

EQIQ is a venture capital firm based in Abu Dhabi, United Arab Emirates, focusing on technology investments in the Middle East and North Africa (MENA) region. The firm specializes in both greenfield and brownfield investments across sectors such as e-commerce, fintech, logistics, edtech, and social commerce. EQIQ aims to create a synergistic ecosystem of tech-enabled businesses that provide localized digital solutions to address real challenges and serve millions of users. Founded by Mohamed Al-Hakim and Said Rahmani, EQIQ has a track record of investing over $500 million in technology startups globally, generating returns exceeding 3.3x. The firm has deployed over $8.5 million into five startups, with three of these ventures co-built from scratch by the firm. Notable investments include Boxy, Iraq's first AI-powered logistics aggregator, and Instabank, a next-generation digital bank aiming to transform Iraq's banking landscape through digital innovation. EQIQ's investment strategy centers on building a network of portfolio companies that can share infrastructure and customer bases to drive capital efficiency and scale faster. The firm is committed to accelerating Iraq's digital economy by supporting both early-stage startups and more established ventures, with plans to double its fund size from $15 million to $30 million to deepen its investments in the country's tech sector.

Investment Focus

• Focus on technology startups in the MENA region
• Alignment with EQIQ's strategic sectors: e-commerce, fintech, logistics, edtech, social commerce
• Potential for scalability and capital efficiency through shared infrastructure and customer bases

Portfolio Companies