Womenpreneur Middle East - Venture Capital Issue by Firstread Media

WOMENPRENEUR

FOUNDER & CEO

Vivek Malik

COO (CHIEF OPERATING OFFICER)

Divesh Singh

MEDIA DIRECTOR

Afreen Sheikh

CREATIVE DIRECTOR

Sumayra Farooki

MANAGING EDITORS

Bhavna Batra, Shivani Gera

Anastasia N, Afshan Abdul Aziz

Beena Yusuf

PARTNERING AGENCIES

Big Data Marketers, Reputique PR

CEO Media Groups, Global Fame Verified Womenpreneur Media Group

MEDIA ASSISTANTS

Neha Kundu, Anjali M

DESIGN AND LAYOUT

Nitij Sharma, Priyanka Yadav

PUBLISHER

Firstread Media LLC

EDITOR’S NOTE

Hello to all our Special Readers!!

Welcome to this special edition of Womenpreneur Magazine, where we delve into the dynamic and ever-evolving world of venture capital (VC) through the lens of women. In an industry traditionally dominated by men, women venture capitalists are making significant strides, not only by investing in groundbreaking companies but also by transforming the landscape for future generations of women entrepreneurs and investors.

The venture capital industry plays a critical role in shaping the future of innovation and business. Yet, despite the growing recognition of diversity as a key driver of success, women remain underrepresented in this space. According to recent reports, women make up a small fraction of decision-makers in venture capital firms, and female-founded startups receive a disproportionately low percentage of VC funding. These statistics highlight the importance of shining a spotlight on the women who are breaking barriers, challenging norms, and creating opportunities for others.

In this edition, we are honored to feature the voices and stories of some of the most influential women venture capitalists who are leading the charge in this critical sector. Their journeys are diverse, their insights are profound, and their impact is undeniable. From early-stage investors to managing partners, these women have navigated the complexities of the VC world with resilience, innovation, and a commitment to making a difference.

Championing Change in Venture Capital

One of the recurring themes in this edition is the power of women to champion change. Women venture capitalists are not just investing in companies; they are investing in ideas, values, and a future where diversity is the norm rather than

the exception. They understand that diverse teams bring diverse perspectives, which in turn lead to better decision-making, more innovative solutions, and ultimately, more successful businesses.

These trailblazers are also redefining the criteria for success in the VC world. While financial returns remain crucial, many of the women featured in this edition emphasize the importance of impact, sustainability, and ethical considerations in their investment decisions. They are proving that venture capital can be a force for good, driving both economic growth and positive social change.

Creating Opportunities for Women Entrepreneurs

Women venture capitalists are also playing a pivotal role in addressing the gender funding gap. By focusing on female-founded and female-led startups, they are helping to level the playing field for women entrepreneurs. Their efforts are not just about writing checks; they are about providing mentorship, guidance, and access to networks that are often closed off to women.

In this edition, you will read about how these VCs are leveraging their positions to support women entrepreneurs in various industries, from technology and healthcare to consumer goods and social impact ventures. Their stories offer a glimpse into the challenges they have faced, the successes they have achieved, and the lessons they have learned along the way.

Empowering the Next Generation

The women venture capitalists featured in this edition are not just focused on the present; they are also deeply committed to empowering the next generation of women in the VC space. Through their work, they are mentoring young

women, advocating for diversity and inclusion in their firms, and creating pathways for women to enter and succeed in the venture capital industry.

Their dedication to lifting others as they rise is inspiring, and it underscores the importance of creating a supportive ecosystem where women can thrive. As we celebrate their achievements, we also recognize the work that remains to be done to ensure that the venture capital industry is truly inclusive.

A Call to Action

As you read through this special edition, I encourage you to reflect on the stories and insights shared by these remarkable women. Their journeys remind us that while progress has been made, there is still much work to be done to create a venture capital industry that is equitable, diverse, and inclusive. Whether you are an investor, entrepreneur, or simply someone interested in the world of business, I hope you find inspiration in these pages to continue advocating for change and supporting women in all aspects of the business world.

In conclusion, this edition of Womenpreneur Magazine is a celebration of the women venture capitalists who are making waves in an industry that is ripe for transformation. Their stories are a testament to the power of perseverance, the importance of diversity, and the impact that women can have when they are given the opportunity to lead. We are proud to share their voices with you, and we hope that their experiences inspire you to pursue your own entrepreneurial and investment dreams.

Thank you for joining us on this journey of empowerment and innovation.

Warm regards,

Afshan Aziz Managing Editor Womenpreneur ME

THE BRIEF

A CENTURY OF EVOLUTION - A LOOK BACK AND A LOOK FORWARD

The Olympic Games, a symbol of international unity and athletic excellence, have a rich history that spans over a century. From their modest beginnings in Athens in 1896 to the grand spectacle they are today.

CHAMPIONING DIVERSITY IN THE OLYMPICS AND BREAKING DOWN BARRIERS

The Olympic Games, a pinnacle of international athleticism and unity, have evolved far beyond a sheer display of physical ability. They now reflect global shifts in societal values and cultural norms

THE TRAILBLAZING TRIATHLETE AND ADMIRED PERIODONTIST

Dr. Dina Ahmed Altayeb stands as an example of brilliance and inspiration with her journey from a young sports enthusiast to becoming the first Saudi to complete an Ironman race.

SHARIFA AL SUDAIRI

THE TRAILBLAZING TRIATHLETE AND ADMIRED PERIODONTIST

Sharifa AlSudairi is a Saudi athlete who has made history as the first woman from her country to represent Saudi Arabia in skiing. Her journey began two years ago when she decided to train for races.

INSPIRING JOURNEY FROM KENYA TO OLYMPIC GLORY

In athletics, few stories are as inspiring as that of Winfred Yavi. Her remarkable journey from a small village in Kenya to the top of the Olympic representing Bahrain, is a powerful testament to perseverance and the courage to seize new opportunities.

FROM ARCHITECTURE TO ATHLETICS : THE INSPIRING JOURNEY OF A SAUDI OLYMPIAN

Imagine starting out studying architecture and ending up running in the Olympics.

VALERIE TARAZI

2024 OLYMPICS

Valerie Tarazi has made a historic mark at the Paris 2024 Olympics, not only as a remarkable swimmer but also as a beacon of Palestinian pride. s one of only 26 athletes of Palestinian heritage to have competed in the Olympics.

SPOTLIGHTING INTERNATIONAL WOMEN IN SPORTS

THE LANDSCAPE OF SPORTS IS INCREASINGLY DEFINED BY THE REMARKABLE CONTRIBUTIONS OF WOMEN ATHLETES WHO ARE BREAKING BARRIERS AND SETTING NEW STANDARDS ACROSS VARIOUS DISCIPLINES.

EGYPTIAN ATHLETE SARA AHMED SAMIR’S JOURNEY FROM ASPIRATION TO OLYMPIC SUCCESS

Sara Ahmed Samir, Egypt’s trailblazing weightlifter, once again made history at the 2024 Paris Olympics by securing a silver medal in the 81kg Women’s Final.

CHAMPIONING NATURAL BEAUTY AND SUSTAINABILITY THROUGH BREATHE ORGANICS

Namita Khanna, a visionary entrepreneur, has built a thriving skincare brand that stands at the intersection of beauty, sustainability, and social impact.

THE EVOLUTION OF THE OLYMPIC GAMES

The Olympic Games are more than just a showcase of athletic talent instead they are a reflection of global culture and societal shifts. As the world changes, so too does the Olympic program.

CRYPTOCURRENCY: BEYOND THE HYPE, TOWARDS A NEW FINANCIAL FRONTIER

There was a time when Bitcoin was just a digital curiosity, whispered about in niche tech forums as a passing trend.

CHAMPIONING PALESTINIAN PRIDE AT THE PARIS

The Role of Due Diligence in Venture Capital: Best Practices and Emerging Trends

In the high-stakes arena of venture capital (VC), due diligence is not merely a procedural step; it is a cornerstone of successful investing. Due diligence involves a comprehensive investigation and analysis of a startup before committing capital. This process aims to validate the startup’s potential, uncover hidden risks, and ensure that the investment aligns with the VC’s strategic goals. As the startup ecosystem evolves, so too do due diligence practices, driven by technological advancements and emerging trends. This article explores the critical role of due diligence in venture capital, best practices for conducting thorough evaluations, and how emerging trends are reshaping the due diligence landscape.

The Crucial Role of Due Diligence

Due diligence is essential for several reasons:

1. Risk Mitigation: Startups are inherently risky investments. Due diligence helps VCs identify and mitigate risks by scrutinizing various aspects of the business, including financial stability, market conditions, and operational capabilities. This process reduces the likelihood of investing in a venture that could face unforeseen challenges or fail to deliver expected returns.

2. Verification of Claims: Startups often present optimistic projections and bold claims about their products, market potential, and growth trajectory. Due diligence serves as a reality check, validating these claims through independent research, data analysis, and expert opinions. This ensures that the investment decision is based on accurate and realistic information.

3. Market and Competitive Analysis: Understanding the market landscape and competitive dynamics is crucial for assessing a startup’s potential. Due diligence involves analyzing the target market size, growth prospects, and competitive positioning. This insight helps VCs determine whether the startup is well-positioned to capitalize on market opportunities.

4. Assessment of the Team: The success of a startup often hinges on the capabilities and vision of its founding team. Due diligence evaluates the team’s experience, skills, and track record. This assessment provides insight into the team’s ability to execute the business plan and navigate challenges effectively.

Best Practices in Due Diligence

To ensure a thorough and effective due diligence process, VCs should adhere to the following best practices:

• Structured Due Diligence Process: Implementing a structured due diligence process ensures that all critical areas are examined systematically. This includes financial audits, legal reviews, market analysis, technology assessments, and more. A well-organized approach helps in identifying potential issues and streamlining the evaluation process.

• Cross-Functional Teams: Engaging experts from various disciplines—such as finance, legal, technology, and market analysis—provides a comprehensive evaluation of the startup. Each expert can offer specialized insights, enhancing the overall quality of the due diligence process. For example, legal experts can assess intellectual property rights, while financial analysts can review financial statements and projections.

• Data-Driven Insights: Utilizing data analytics tools to assess market trends, customer behavior, and competitive dynamics adds objectivity to the evaluation. Advanced data analytics can uncover patterns and trends that may not be immediately apparent, providing a deeper understanding of the startup’s potential.

• Focus on Key Metrics: Identifying and analyzing key performance indicators (KPIs) relevant to the startup’s industry and business model is essential. These metrics provide insights into the startup’s financial health, growth trajectory, operational efficiency, and customer engagement. Common KPIs include revenue growth, customer acquisition cost, and lifetime value of customers.

• Legal and Compliance Checks: Ensuring that the startup complies with regulatory requirements and has no legal issues is crucial. Due diligence should include reviewing contracts, intellectual property rights, regulatory compliance, and any ongoing or potential litigation. This helps prevent legal complications and ensures that the startup operates within legal boundaries.

Emerging Trends in Due Diligence

As technology and the startup ecosystem evolve, due diligence practices are also transforming. Here are some key trends shaping the future of due diligence:

• Advanced Data Analytics: The use of big data and advanced analytics tools has revolutionized due diligence. VCs can now leverage data-driven insights to assess market trends, customer behavior, and competitive positioning with greater accuracy. Predictive analytics, for instance, can forecast future performance based on historical data and market trends.

• Artificial Intelligence (AI) and Machine Learning: AI and machine learning technologies are being increasingly employed to enhance various aspects of due diligence. These technologies can automate data analysis, identify patterns, and provide predictive insights. For example, AI algorithms can analyze financial data and detect anomalies that may indicate potential risks.

• Blockchain for Transparency: Blockchain technology is gaining traction for its potential to enhance transparency and traceability in due diligence processes. Blockchain can provide secure and immutable records of transactions, contracts, and compliance checks. This technology can improve the accuracy and reliability of information shared during the due diligence process.

• Virtual Data Rooms: Virtual data rooms (VDRs) are becoming standard tools for managing and sharing sensitive information during due diligence. VDRs provide a secure platform for storing and accessing documents, facilitating collaboration between investors and startups. These platforms streamline the due diligence process by ensuring that all relevant information is readily accessible.

• Increased Focus on ESG Factors: Environmental, social, and governance (ESG) factors are becoming increasingly important in due diligence. Investors are now considering a startup’s impact on these areas, aligning investments with broader social and ethical goals. Due diligence processes are evolving to include assessments of a startup’s ESG practices and their potential implications for long-term sustainability.

Balancing Innovation with Tradition

While emerging technologies and trends are reshaping due diligence, VCS need to balance innovation with traditional practices. Effective due diligence combines the rigor of established methods with the advantages of new technologies. Maintaining a holistic approach ensures that all critical aspects of a startup are thoroughly evaluated while leveraging technological advancements to enhance the process.

Conclusion

Due diligence is a fundamental aspect of venture capital, essential for identifying

As the founder of Empowering Women, I am committed to creating sustainable initiatives that not only generate positive social impact but also promote long-term economic empowerment and equality.

promising investments and managing risks. As new technologies and trends continue to shape the investment landscape, VCs must adapt their due diligence practices to leverage these advancements. By embracing both established best practices and emerging trends, venture capitalists can enhance their investment strategies and drive success in a rapidly evolving market.

Understanding and adapting to these changes can help VCs make informed investment decisions, mitigate risks, and capitalize on opportunities in an increasingly complex and dynamic startup ecosystem.

The Trends

The AI Revolution: Beyond Hype

The artificial intelligence (AI) revolution transcends the realm of buzzwords, it is a disruptive force reshaping numerous industries and creating dynamic opportunities for venture capital (VC) investments. As AI technology evolves, it drives substantial changes across sectors such as healthcare, finance, logistics, and entertainment. This column explores the specific sectors AI is impacting, how VCs are navigating this evolving landscape, the investment criteria and concerns of VCs specializing in AI, and the regulatory and ethical considerations surrounding AI development and deployment.

AI’s Impact Across Sectors

Healthcare

AI’s influence in healthcare is profound and multifaceted. One notable application is in medical imaging. For instance, Google Health’s DeepMind has developed AI systems that can diagnose diseases from retinal scans with high accuracy, potentially revolutionizing early detection of conditions like diabetic retinopathy. Additionally, AI-driven platforms such as IBM Watson Health use natural language processing to analyze patient records and medical literature, aiding in personalized treatment plans and drug discovery.

In drug discovery, AI accelerates the process by analyzing large datasets to identify promising compounds. Atomwise, for example, utilizes deep learning to predict how different compounds interact with biological targets, expediting the identification of potential drug candidates. This AI-driven approach has the potential to significantly shorten the timeline for drug development and reduce costs.

Finance

The financial sector is being transformed by AI through innovations in fraud detection, algorithmic trading, and personalized financial services. AI systems like those developed by Darktrace use machine learning to monitor and analyze network traffic, detecting anomalies and potential threats in real-time. This capability enhances cybersecurity and helps financial institutions prevent fraud before it occurs.

Algorithmic trading is another area where AI excels. Firms such as Renaissance Technologies and Two Sigma deploy sophisticated AI algorithms to execute trades at lightning speed, leveraging predictive models to identify trading opportunities and manage risks. This has led to more efficient and profitable trading strategies, reshaping the landscape of financial markets.

Logistics and Supply Chain

AI’s impact on logistics and supply chain management is equally transformative. Companies like Amazon have integrated AI into their operations to streamline warehouse processes. Amazon’s robotics division uses AI-powered robots to navigate warehouses, optimizing inventory management and reducing operational costs. This has enabled Amazon to enhance its delivery efficiency and scale its operations.

Predictive analytics is another key application of AI in supply chain management. By analyzing historical data and current trends, AI systems can forecast demand with high accuracy, helping companies like Walmart manage inventory levels and reduce stockouts. This

predictive capability allows businesses to respond proactively to market changes and improve supply chain resilience.

Entertainment and Media

AI’s role in entertainment and media is rapidly expanding. Streaming platforms like Netflix and Spotify leverage AI to offer personalized content recommendations based on user preferences and viewing history. Netflix’s recommendation engine uses collaborative filtering and content-based algorithms to suggest movies and shows, enhancing user engagement and retention.

AI is also making strides in content creation. Tools like OpenAI’s GPT-3 can generate text that mimics human writing, enabling new forms of creative expression. For example, AI-generated scripts and music compositions are being explored for their potential to augment human creativity and open new avenues for content production.

Navigating the AI Landscape: VCs' Approach

Venture capitalists (VCs) are actively exploring the AI landscape, seeking investment opportunities that offer significant potential returns. Here’s how VCs are navigating this complex terrain:

Investment Criteria

When evaluating AI startups, VCs consider several critical criteria:

• Technology Maturity: VCs assess the readiness and robustness of AI technologies. Startups with proven, scalable solutions that demonstrate clear commercialization pathways are highly attractive. For instance, UiPath’s robotic process automation technology has gained traction due to its proven effectiveness and scalability in automating business processes.

• Team Expertise: The expertise and background of the founding team are crucial. VCs look for teams with deep knowledge of AI technologies, domain-specific expertise, and a track record of successful execution. Teams with experience in both AI development and industry-specific applications are particularly valuable.

• Market Potential: Evaluating the market potential involves analyzing the size of the target market, competitive dynamics, and growth opportunities. VCs seek startups with clear value propositions and significant market needs. For example, the rise of telemedicine has created substantial market opportunities for AI-driven health tech solutions.

• Product Differentiation: The uniqueness of the AI product or service is a key consideration. VCs favor startups with innovative solutions that offer a competitive advantage and address specific industry pain points. Products that leverage AI in novel ways to solve real-world problems are particularly appealing.

Concerns and Challenges

Investing in AI presents several challenges and concerns:

• Data Privacy and Security: AI systems often require access to large datasets, raising concerns about data privacy and security. VCs need to ensure that startups implement robust data protection measures and comply with regulations like the GDPR. For instance, startups handling sensitive health data must adhere to stringent privacy standards.

• Ethical Implications: The ethical implications of AI, such as algorithmic bias and unintended consequences, are significant concerns. VCs must evaluate how startups address these issues and ensure that their AI solutions are developed and deployed responsibly. Startups with clear ethical guidelines and bias mitigation strategies are more likely to attract investment.

• Regulatory Uncertainty: The regulatory landscape for AI is evolving, with new regulations and guidelines being introduced. VCs must stay informed about potential regulatory changes and their impact on startups. For example, the European Union’s proposed AI Act aims to regulate high-risk AI applications, which could affect how AI solutions are developed and used.

Regulatory Challenges and Ethical Considerations

AI development and deployment pose several regulatory and ethical challenges that must be addressed:

Regulatory Frameworks

As AI technologies advance, regulatory frameworks are being developed to address issues such as data privacy, algorithmic transparency, and accountability:

• Data Protection: Regulations like the GDPR impose strict requirements on data collection, storage, and usage. AI startups must ensure compliance with these regulations to avoid legal repercussions. This includes implementing measures to protect personal data and obtaining informed consent from users.

• Algorithmic Accountability: There is growing demand for transparency in AI algorithms, particularly those used in decision-making. Regulations are being introduced to ensure that AI systems are fair, explainable, and free from bias. For example, the Algorithmic Accountability Act in the United States aims to increase transparency and accountability in AI systems.

• Ethical Standards: Ethical guidelines for AI development and deployment are being developed to address issues such as fairness, accountability, and transparency. These guidelines ensure that AI technologies are used responsibly and align with societal values. Startups and VCs must be proactive in adhering to these standards.

Ethical Considerations

Ethical considerations are paramount in AI development:

• Bias and Fairness: AI algorithms can perpetuate existing biases if trained on biased data. Ensuring fairness and reducing bias in AI systems is a key ethical challenge. Startups must implement measures to address these issues, such as diversifying training datasets and conducting regular bias audits.

• Impact on Employment: AI’s automation capabilities may lead to job displacement in certain sectors. Addressing the societal impact of AI and finding ways to mitigate negative consequences is important. VCs and startups should consider strategies for workforce transition and reskilling.

• Long-Term Implications: The long-term implications of AI technologies, including their impact on privacy, security, and societal values, must be carefully considered. VCs should encourage startups to address potential long-term challenges and align their innovations with broader societal goals.

Conclusion

The AI revolution is a transformative force reshaping industries and creating new investment opportunities. Venture capitalists play a crucial role in navigating this complex landscape, seeking innovative startups that promise significant impact and returns. By understanding the impact of AI across various sectors, adhering to best practices in investment, and addressing regulatory and ethical considerations, VCs can effectively harness the potential of AI and drive responsible development.

As AI continues to evolve, staying informed about emerging trends, regulatory changes, and ethical challenges will be essential for VCs to make informed investment decisions and contribute to the responsible advancement of AI technologies.

The Rise of the Solo Founder – Navigating Funding and Building a Team

In the ever-evolving world of venture capital (VC), solo founders are emerging as a distinct and influential force. While traditional startup models often involve multiple co-founders, a growing number of successful startups are being led by single individuals. This trend presents unique challenges and opportunities for both the solo founders and the venture capitalists who back them. Here it explores the complexities faced by solo founders, the strategies they use to secure funding and build effective teams, and offers insights for VCs on how to identify and evaluate these dynamic entrepreneurs.

The Emergence of Solo Founders

Solo founders are entrepreneurs who launch and run startups without co-founders. This model diverges from the more conventional approach of forming a founding team to share responsibilities and expertise. The rise of solo founders is driven by technological advancements, which allow individuals to manage and scale startups with greater efficiency, as well as changing attitudes towards entrepreneurship.

In the past, solo founders were often viewed with skepticism. The belief was that a team of co-founders would provide a more robust foundation for a startup, bringing diverse skills and perspectives. However, solo founders are now gaining recognition for their ability to drive inno-

vation and achieve impressive results despite operating alone.

Key Challenges Faced by Solo Founders

1. Resource Constraints

Solo founders frequently encounter resource limitations. Juggling multiple roles—from product development and marketing to operations and finance—can lead to significant strain. This multitasking can affect productivity and the quality of work, potentially impacting the startup’s growth trajectory.

Limited Network and Support

Without co-founders, solo founders may have a smaller network for support, advice, and connections. Building and nurturing relationships with industry experts, potential customers, and investors can be more challenging, potentially hindering the startup’s development and funding opportunities.

3. Higher Risk of Burnout

The pressure of managing every aspect of a startup alone can lead to burnout. Solo founders often work long hours and face high levels of

stress, which can affect their health and the overall effectiveness of their leadership.

4. Difficulty in Scaling

Scaling a startup as a solo founder can be particularly challenging. As the business grows, the founder must recruit and manage a team, which requires different skills and resources. Finding the right talent and ensuring alignment with the startup’s vision can be complex without a co-founding team to share the responsibility.

5. Funding Challenges

Securing funding can be more difficult for solo founders. Investors often prefer teams, believing that multiple founders can better handle the complexities of growing a startup. Solo founders must demonstrate exceptional capabilities and a clear vision to overcome this bias.

Strategies Employed by Successful Solo Founders

1. Building a Strong Personal Brand

To attract attention and resources, solo founders often invest in building a strong personal brand. By showcasing their expertise, achievements, and vision, they can draw interest from investors, partners, and customers. Engaging with industry communities through speaking engagements, articles, and social media can enhance their visibility and credibility.

2. Leveraging Technology and Tools

Technology plays a crucial role in helping solo founders manage their startups. By utilizing project management tools, automation software, and digital marketing platforms, they can streamline operations and focus on strategic aspects of their business. This technological leverage can compensate for the lack of a co-founding team and enhance operational efficiency.

3. Forming Strategic Partnerships

Strategic partnerships can provide solo founders with additional resources, expertise, and network connections. Collaborations with industry experts, advisors, and other startups can help fill gaps in knowledge and capabilities. These partnerships can also open doors to new opportunities and accelerate growth.

4. Focusing on Execution and Milestones

Successful solo founders often emphasize execution and achieving key milestones. By demonstrating progress and delivering results, they build credibility and attract investor interest. A clear roadmap with well-defined goals and measurable outcomes can help validate the founder’s ability to drive the startup forward.

5. Building a Scalable Team

When scaling, solo founders may initially hire key team members who can take on critical roles. By focusing on hiring talent that aligns with the startup’s vision and culture, they can build a cohesive team that supports growth. Effective delegation and leadership are essential for managing and motivating this team.

Strategies Employed by Successful Solo Founders

1. Building a Strong Personal Brand

munities through speaking engagements, articles, and social media can enhance their visibility and credibility.

2. Leveraging Technology and Tools

3. Forming Strategic Partnerships

4. Focusing on Execution and Milestones

5. Building a Scalable Team

When scaling, solo founders may initially hire key team members who can take on critical roles. By focusing on hiring talent that

aligns with the startup’s vision and culture, they can build a cohesive team that supports growth. Effective delegation and leadership are essential for managing and motivating this team.

Advice for VCs: Identifying and Evaluating Solo-Founded Startups

For venture capitalists, identifying and evaluating solo-founded startups requires a thorough and nuanced approach. Here are some key considerations:

1. Evaluate the Founder’s Expertise and Vision

Assess the solo founder’s domain expertise, track record, and vision. A successful solo founder should demonstrate a deep understanding of their industry, a compelling vision for their startup, and a proven ability to execute their plans.

2. Assess Execution Capabilities

Examine the startup’s progress, milestones achieved, and the founder’s execution capabilities. Look for evidence of traction, product development, and market validation. A strong execution track record can indicate the founder’s ability to drive the startup forward.

3. Consider Technological and Operational Efficiency

Evaluate how the solo founder leverages technology and tools to manage their startup. Effective use of technology can enhance operational efficiency and scalability. Assess the startup’s technological infrastructure and its impact on growth and performance.

4. Review Strategic Partnerships and Network

Consider the founder’s network and strategic partnerships. A well-connected solo founder who has formed valuable alliances with industry experts, advisors, and other startups may have a competitive advantage. Evaluate the strength and relevance of these connections.

5 Analyze Financial and Operational Metrics

Review the startup’s financial and operational metrics. Strong performance indicators, such as revenue growth, profitability, and operational efficiency, can validate the business model and the founder’s ability to manage and scale the startup.

6. Understand the Founder’s Resilience and Adaptability

Assess the founder’s resilience and adaptability. Solo founders must navigate numerous challenges and uncertainties. Look for evidence of the founder’s ability to handle adversity, adapt to changes, and maintain focus on long-term goals.

Conclusion

The rise of the solo founder is reshaping the entrepreneurial landscape, offering both opportunities and challenges. While solo founders face unique obstacles, their ability to innovate, execute, and leverage technology can lead to significant success. For venture capitalists, understanding and supporting these entrepreneurs requires a keen eye for talent, a focus on execution, and an appreciation for the strategic advantages of solo-founded startups.

MENA STARTUPS CONTINUE TO PROVE THEY CAN SOLVE REAL-WORLD PROBLEMS WITH SCALABLE, SUSTAINABLE SOLUTIONS

Noor Sweid Building The Future: Noor Sweid’s Advice for Entrepreneurs on Scaling and Innovation

1. The venture capital landscape in MENA has evolved rapidly in recent years. According to a report by Magnitt, VC funding in the region reached a record $3.1 billion in 2022.. How would you assess the current state of VC funding in MENA, especially given the global economic challenges we’ve seen? What unique opportunities or obstacles are you observing for investors and startups in this environment?

Oh wow – where do I start? There are so many! With over 50% of the population under the age of 30, high internet penetration (over 80%), and supportive government policies, MENA is a hotbed for investors and startups. Our ecosystem has grown from $990 million in 2019 to an all-time high of $3.1 billion in 2022 at a compound growth rate of 52% (CAGR 2019-2022). With the World Bank forecasting 3.5% economic growth for MENA in 2024 – ahead of most global peers – our region has advantages protecting against global economic shocks. For instance, seed-stage valuations for MENA startups increased by 65% from 2022. Unlike highly inflated valuations in other regions, MENA’s more conservative approach has cushioned us against economic turbulence.

Global interest in the region is only growing, with more and more prominent international venture capital firms like Sequoia and QED making significant investments. This trend will likely continue as MENA startups continue to prove they can solve real-world problems with scalable, sustainable solutions.

That being said, challenges exist. Attracting and retaining talent and securing investments are tricky, just like anywhere else. But some challenges are unique to the region:

- Resilience driven by scarcity: Despite the abundance of compelling investment opportunities, many promising startups lack the necessary funding for growth. Even those that secure investment often struggle

to scale at the pace of their counterparts in Europe and the US due to limited access to growth capital. These entrepreneurs excel in building resilient and sustainable businesses, thinking beyond minimum viable products. They function effectively in resource-strained environments, and by focusing on sustainable growth, profitability, and robust unit economics, these founders prioritize survival and long-term success, offering valuable lessons for startups worldwide.

- Opportunities to leapfrog: The lack of traditional infrastructure in our region is not a barrier but a unique opportunity to leapfrog directly to advanced technologies in sectors like fintech, e-commerce, and renewable energy. This approach addresses local challenges more effectively and cost-efficiently, driving rapid and sustainable development. The absence of entrenched systems reduces the complexities associated with upgrading old infrastructure, allowing us to embrace cutting-edge technologies that drive significant social and environmental impact. This leapfrogging potential, combined with the region’s youthful demographic and increasing digital penetration, positions us to set new global standards in technological innovation.

- Supportive government initiatives: The MENA region’s technological growth is driven by supportive, forward-thinking governments and regulators. Initiatives like Abu Dhabi’s ADIO and Hub71 as well as DIFC’s Innovation Hub provide critical backing and mentorship for startups. This fosters rapid innovation, allowing startups to bypass traditional development stages and operate in an environment where tech entrepreneurs can thrive.

2. A study by McKinsey found that AI could add up to $320 billion to MENA’s GDP by 2030. How is this AI revolution playing out in the MENA tech ecosystem, and what opportunities or challenges do you foresee for founders and investors in this space?

The MENA region’s technological growth is driven by supportive, forward-thinking governments and regulators. Initiatives like Abu Dhabi’s ADIO and Hub71 as well as DIFC’s Innovation Hub provide critical backing and mentorship for startups.

The AI revolution is already here! There are so many examples, but let’s start at the higher level: the adoption of AI across our region has been rapid – a recent MIT Technology Review article shows that 82% of large companies across the GCC region had launched AI programs by the end of 2019. With so many companies already leveraging AI, our region is really well-positioned to take advantage of the AI revolution. We expect to see an increasing number of AI solutions having various use-cases in different sectors rather than the introduction of entirely new foundational AI technologies on a regional level. Arabic is one of the most widely spoken languages in the world, with over 420 million speakers, but it is still really underserved online. Despite its prevalence, only 3% of online content is in Arabic. This gap is a huge opportunity for founders in the region to tap into a large market and develop AI applications tailored to the Arabic-speaking population.

AI also has potential to tackle regional challenges, such as food insecurity and healthcare access – making it a powerful tool for creating impactful, localized solutions with global relevance. We see a plethora of innovations across sectors in the ecosystem - being democratized and transformed by AI – here are some examples across sectors in

our region:

• Healthcare: Altibbi in collaboration with Core42, has developed a pioneering healthcare technology: the JAIS Large Language Model (LLM), the first Arabic LLM tailored for the medical field. This model enhances healthcare quality and efficiency by processing millions of medical conversations, capturing all Arabic dialects.

• Supply Chain Disruption: Immensa’s end-to-end solution involves assessment, digitization, and production-on-demand, ensuring data security and quality control with in-house processes. Its AI-powered assessment and lifecycle management of digital assets has (officially) set new global standards in the industry – showing the exciting opportunities for founders and investors harnessing AI.

• Business Operations: Spidersilk’s cybersecurity and Axis’ semantic search platform are already enhancing business operations.

We will see more and more AI applications in established companies that will leverage this technology and become centrally enabled by it, leveraging on the wide customer bases

and confidence that they have already built in the market.

3. Fintech has been a particularly hot sector in MENA, with companies like Checkout.com, Paymob, and Tabby raising significant funding. According to a report by Fintech Galaxy, the MENA fintech market is expected to reach $2.5 billion by 2025. Are you seeing any signs of saturation in this space, or do you believe there’s still substantial room for growth and innovation?

Even with all the investment and growth in the region’s fintech sector, there is still a lot of potential for innovation – it’s not that the sector is saturated;there has been a shift in the types of problems fintech companies are solving. Some regions, like the Gulf, have more mature financial infrastructure, while others, like Sub-Saharan Africa, are still building their foundational digital layers, which means opportunities vary widely across the region.

The technology is increasingly being integrated across various sectors such as education, health, agritech, significantly enhancing financial access to these essential services. By leveraging fintech solutions, these industries can offer more inclusive and efficient financial options, empowering individuals

to access quality education and healthcare. This cross-sectoral application of fintech is driving innovation and expanding its impact beyond traditional financial services, making financial inclusion a reality for more people worldwide. A key example is Nigeria-based Remedial Health that provides a variety of technology solutions for the African health industry, including easy access to affordable and authentic medicines, medical devices, and consumables for credible healthcare providers.

Embedded finance is anticipated to find new and promising use cases in various sectors, such as transportation and healthcare. The rise of “as-a-service” infrastructure companies will become increasingly prominent, facilitating a wide range of applications for both fintech companies and established financial institutions.

4. Web3 and blockchain technologies have been major talking points in the tech world. What’s your perspective on the potential impact and adoption of these emerging technologies within the MENA tech ecosystem? Where do you see the most promising opportunities for innovation and disruption in this space?

The blockchain boom, despite its volatility, has left behind a critical infrastructure now utilized across various sectors. Just like the internet and real estate booms (or bubbles?) created lasting assets, blockchain technologies such as decentralized finance (DeFi), decentralized apps (dApps), non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and play-to-earn games represent significant advancements. These technologies enable financial services without intermediaries, ensure secure and private transactions, prove digital ownership, allow decentralized governance, and facilitate new monetization methods in gaming. This foundational structure is set to have a lasting impact, similar to how the internet transformed communication, information and commerce.

Even though blockchain is still in its early stages, it’s gaining global traction. According to Amazon’s 2023 State of Enterprise Blockchain Adoption survey, nearly 90% of respondents are using it in some capacity. In our region, Web3 and blockchain technologies are set for a substantial impact by driving innovation and enhancing accessibility, transparency, security, and efficiency across various sectors.

A prime example of this potential is Metaschool, a Pakistan-based company transforming education by building an op-

erating system tailored for the next generation of online teachers across the region. By making it simple for experts to launch their live or asynchronous courses, Metaschool enables them to teach and scale their impact without having to worry about infrastructure, logistics, payment systems, automation, and support.

Another example of this potential is Maalexi, a leading UAE-based agri-trade fintech platform. Maalexi uses blockchain to verify documents and manage risks in the global cross-border food trading market. This is super beneficial for SMEs, because it helps build trust across the supply chain through blockchain-enabled smart contracts. These smart contracts are self-executing agreements that make sure everyone sticks to the agreed terms without intermediaries. This boosts transparency, reduce disputes, and ensures trade documents are authentic. With AI-enhanced inspections and digital contracts, Maalexi makes trades safer, faster and cheaper, which helps small agri-businesses earn more and become credible, all while strengthening the region’s food supply chain.

These innovations highlight the disruptive potential of blockchain and Web3 in the MENA region, showcasing how technology can drive transparency, security, and efficiency across industries.

5. We’ve seen some notable exits and IPOs in the MENA region recently, such as the $1.5 billion acquisition of Careem by Uber in 2019 and the public listing of companies like Anghami.. A report by MAGNiTT found that the number of exits in MENA increased by 50% in 2022. Do you believe the ecosystem is reaching a new level of maturity, and what’s your outlook for the next few years?

We have seen impressive growth in regional exits over the past few years, with the number of exits in MENA more than doubling between 2019 and 2022. Although there was a slight decline in 2023, with 44 exits recorded, this adjustment reflects broader trends in the global VC ecosystem, which also faced challenges in 2023, and doesn’t overshadow the region’s strong overall trajectory. The positive trend in exits and IPOs is a step forward for the startup ecosystem, showing growing investor confidence and market readiness.

Not only have we seen more exits, but we are also witnessing a broader range of exit types. Founders now have several options when considering a liquidity event, each with distinct regional considerations, benefits, and drawbacks. The classic IPO (Initial Public Of-

fering) route, where a private company goes public by selling shares on the stock market, remains lengthy and costly in emerging markets. For instance, in the first half of 2021, only 5 out of 1,070 global IPOs were from MENA. The $1.5 billion Careem-Uber transaction and successful listings of companies such as Anghami show the region’s potential on a global stage, which brings in SPACs (Special Purpose Acquisition Companies) that provide a newer, less risky alternative to traditional IPOs. For example, Anghami went public in early 2021 by merging with Vistas Media Acquisition Company, a SPAC, at a $220 million valuation.

Mergers and acquisitions (M&A) are another common route, and offer lower risks and greater strategic rewards by creating operational synergies and often retaining key personnel through acqui-hire strategies, especially in the tech sector. An example of a M&A within Global Ventures’ portfolio is Mumzworld acquisition by Tamer Group.

Lastly, secondaries involve founders, employees, or investors selling their stakes to another investor, allowing companies to remain private longer and facilitating employee liquidity programs. As the market corrects generally, we will see more exit activity globally and, in the region, especially with further focus from regulatory bodies on easing IPO process and from corporates on investing and potentially acquiring startup solutions to take their business to the next level.

6. Climate tech and sustainability-focused startups have been gaining traction globally. A study by Wamda found that MENA-based climate tech startups raised over $100 million in 2021. What unique opportunities do you see in this space for the MENA region, and how are you and your firms approaching investments in this sector?

As a firm, we are incredibly excited about the potential of climate tech and sustainability-led solutions! Our investment approach is rooted in our sustainability thesis, recognizing that many businesses in emerging markets are sustainable by design due to local resource constraints and market volatility.

We invest in sectors intrinsically linked to climate considerations, focusing on companies that are prioritizing localized solutions and sustainable practices to drive economic growth and environmental impact. Looking to the future, we see substantial growth potential in these areas, driven by technology advances such as AI, blockchain, and robotics. Here are some areas we are excited about:

• Supply Chain Technology: optimizes resource use and reduces waste and emissions. AI-driven platforms in this space improve demand prediction and inventory management, significantly cutting transport emissions.

• Agritech: Companies such as iyris - a world-leader advancing commercial farming in hot, harsh climates – are addressing critical food security challenges, and reducing the region’s reliance on importing 85% of its food. iyris’ proprietary tech reduces water and energy consumption by up to 90%, while boosting crop yields – helping to feed the world sustainably.

• Mobility Tech: Electric vehicles and shared mobility platforms contribute to lower emissions and more efficient transport systems.

• Fintech: Drives financial inclusion and enables the distribution and adoption of clean energy solutions, especially in remote and rural communities.

Regional governments’ initiatives are also a great force behind these efforts, one example being the Mohammed Bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world, aiming to reduce over 6.5 million tonnes of carbon emissions annually when fully completed.

#Highlights

Navigating the Frontier of Venture Capital:

20 LEADING WOMEN VC’S IN MENA

In the ever-evolving landscape of venture capital, a select group of professionals stands at the forefront, driving innovation, fostering growth, and shaping the future of industries across the globe. This introduction explores the dynamic world of venture capital and highlights 20 exceptional individuals who are making a significant impact in the field. Their expertise, vision, and leadership are instrumental in identifying and nurturing the next generation of groundbreaking startups.

The Role of Venture Capital

Venture capital (VC) plays a pivotal role in the startup ecosystem, providing the necessary funding and strategic guidance to early-stage companies with high growth potential. Unlike tradi-

tional funding sources, venture capitalists take on higher risks in exchange for the potential of substantial returns. Their investments often focus on innovative technologies, scalable business models, and disruptive ideas that can transform industries.

Venture capitalists do more than just provide capital; they act as mentors, advisors, and strategic partners. They leverage their experience, network, and resources to help startups navigate challenges, accelerate growth, and achieve their goals. As the venture capital landscape continues to evolve, these pioneers are redefining the boundaries of what is possible and driving the next wave of innovation.

Founder and Managing Partner, Global Ventures

Noor Sweid is a pioneering force in venture capital, reshaping the landscape across the MENA region as Founder and Managing Partner of Global Ventures. With a multicultural background and a sharp focus on innovation, she empowers startups tackling significant market needs. Noor’s impressive journey includes scaling her family’s business to a billion-dollar IPO and founding the region’s first yoga studio. Her investments reflect a commitment to impactful sectors, earning her recognition among the World’s Top 50 Women in Tech.

Rana Abdel Latif

Partner, Speedinvest

Navigating the dynamic world of venture capital with unparalleled expertise, Rana Abdel Latif is a newly appointed partner at Speedinvest, ready to reshape the investment landscape. With an MBA from prestigious institutions and over 15 years of experience, she brings a wealth of knowledge and insight into emerging markets. Rana’s journey reflects her commitment to fostering innovation and supporting high-potential startups across the Middle East and Africa. Passionate about diversity in investment, she advocates for inclusive growth that addresses the needs of underserved communities.

Amal Dokhan

Managing Partner, 500 Global

Amal Dokhan has proven to break barriers in the MENA venture capital scene as one of the region’s first female Managing Partners at a global VC firm. With a journey marked by resilience and innovation, she champions female entrepreneurship and drives economic diversification in Saudi Arabia. Her strategic vision has propelled over 100 startups into the limelight, many founded by women. As she leads 500 Global’s efforts, Amal embodies the spirit of empowerment, inspiring a new generation of entrepreneurs.

Medea Nocentini

Partner, Global Ventures

Sacha Haider is redefining the venture capital terrain with a unique blend of creativity and analytical prowess. From dreams of stardom to leading investments in groundbreaking startups, she brings a captivating journey to the forefront of Global Ventures. With a keen focus on emerging markets, Sacha champions innovative founders tackling pressing challenges in sectors like fintech and health. Her commitment to sustainability and increasing female representation in VC reflects her vision for a more inclusive future.

Senior Partner, Global Ventures

Medea Nocentini is a key player in venture capital, blending strategy, innovation, and social impact as Senior Partner at Global Ventures. She champions startups in emerging markets, driving investments that prioritize meaningful change alongside financial returns. Through her social enterprise, Companies Creating Change (C3), she has empowered over 2,500 purpose-driven entrepreneurs. Medea’s commitment to ESG principles sets her apart as a visionary leader in the industry.

Deputy CEO & CIO, Saudi Venture Capital Company

Transforming the venture capital landscape in Saudi Arabia, Nora Al-Sarhan serves as Deputy CEO and Chief Investment Officer of Saudi Venture Capital Company (SVC). With over a decade of experience, she has been instrumental in driving innovation and supporting early-stage startups. Under her leadership, SVC has committed significant investments to enhance the entrepreneurial ecosystem in line with Saudi Vision 2030. Nora’s strategic insights and commitment to growth position her as a key player in advancing the region’s economic development.

Chief Investment Officer, Flat6Labs

With a sharp eye for innovation and a passion for nurturing the next wave of startups, Dina El-Shenoufy is a visionary in the venture capital world. As Chief Investment Officer at Flat6Labs, she plays a pivotal role in shaping the MENA startup ecosystem. Her leadership blends financial expertise with a commitment to empowering female entrepreneurs.

Laila Hassan

General Partner, Algebra Ventures Partner, Nuwa Capital

Laila Hassan is a game changer in the venture capital world, driving innovation across the MENA startup ecosystem. As General Partner at Algebra Ventures and Venture Partner at 500 Global, she leads with strategic insight, focusing on early-stage investments that foster growth and change. Her commitment to empowering female founders underscores her passion for a more inclusive startup landscape. Laila’s leadership continues to shape the future of entrepreneurship in Egypt and beyond.

Sonia Gokhale

Co-Founder and General Partner, Venture Souq

Sonia Gokhale, co-founder and general partner at VentureSouq, is a dynamic force reshaping the venture capital landscape. Transitioning from a successful career in actuarial consulting, she now champions innovative startups across MENA and Africa. Sonia is dedi-

cated to democratizing access to early-stage tech funding. Her journey is defined by a commitment to solving real-world problems and fostering global technological advancements.

Sonia Weymuller

In the fast-evolving realm of venture capital, Sarah Abu Risheh stands out as a formidable force, skillfully navigating the intricacies of emerging markets. As a Partner at Nuwa Capital, she is dedicated to empowering early-stage technology startups across the Middle East, North Africa, and beyond. With a strong background in finance and a keen eye for investment opportunities, Sarah is committed to supporting visionary founders.

Co-Founder and General Partner, Venture Souq

At the forefront of venture capital innovation, Sonia Weymuller, Co-Founder and General Partner at VentureSouq, is making waves in ClimateTech and FinTech. Her journey weaves together a devotion for impact and a commitment to education,

positioning her as a key figure in the MENA entrepreneurial ecosystem. With a proven track record of driving mission-driven investments, Sonia is dedicated to creating meaningful social and environmental change. She champions financial inclusion and sustainable innovation, ensuring that profits and purpose go hand in hand.

CEO, Oasis500

With an unmatched vision for driving early-stage investments, Luma Fawaz has redefined en trepreneurship in the Middle East. As CEO of Oasis500, she’s championing innovation, nur

turing over 150 startups and mentoring thousands of entrepreneurs. Her leadership goes beyond funding, offering a holistic approach to business growth through strategic support and guidance. Luma’s commitment to gender inclusivity and regional expansion is shaping the future of the startup ecosystem across MENA.

Sarah Al Saleh

General Partner, Outliers Venture Capital

Sarah AlSaleh, a Partner at Outliers Venture Capital, stands at the forefront of the venture capital topography, seamlessly blending her extensive tech background with strategic investment insights. Her career

spans influential roles at Google and leading fintech companies, fueling her fondnessfor empowering innovative founders. Her journey reflects a commitment to driving meaningful value through innovation. As she shapes the future of early-stage investments, Sarah is a pivotal figure in advancing the MENA startup ecosystem.

Luma Fawaz

Stephanie Nour Prince

Partner, Nuwa Capital

Shattering glass ceilings in the MENA/GCC tech scene, Stephanie Nour Prince is a visionary partner at Nuwa Capital, championing the cause of women in technology. With nearly two decades of experience, she’s dedicated to fostering diversity and inclusion, transforming challenges into opportunities for future female leaders. Her influence is not just shaping investment strategies but also inspiring the next generation of innovators.

Ambar Amleh

Founder & Managing Partner, Ibtikar Fund

Ambar Amleh is an architect of change, catalyzing the growth of Palestinian entrepreneurship through her work with Ibtikar Fund. As a co-founder, she has transformed the venture capital landscape, empowering local

Lana Ghanem

Managing Director, Hikma Ventures Partner & Board Director, Impact46

Lana Ghanem is at the forefront of healthcare innovation, leading the charge as Managing Director of Hikma Ventures. With a creative approach, she’s transforming the healthcare landscape by merging technology with life sciences, investing in groundbreaking digital health startups. Her leadership is driving Hikma Ventures toward cutting-edge solutions that enhance patient care and streamline the industry.shaping Saudi Arabia’s tech ecosystem as Vice Chairman and Director of Asset Management at IMPACT46. Her strategic investments are fueling the growth of local startups and propelling them toward unicorn status. With a focus on nurturing homegrown talent, she’s dedicated to transforming the MENA venture capital landscape. Under her guidance, the future of Saudi tech is brimming with potential and opportunity.

Reem Qawasmi

Partner, Ibtikar Fund

startups with essential resources and mentorship. With a decade of experience, Ambar champions innovation in a region rich with untapped potential. Her unwavering commitment to fostering a diverse and inclusive ecosystem positions Palestine as a burgeoning hub for creative solutions.

Amal Enan

Partner, 500 Global

Amal Enan is reshaping Egypt’s startup ecosystem from within the influential corridors of 500 Global. As a newly appointed Partner, she brings over eight years of investment experience, championing sustainable and inclusive growth. Her commit-

ment to fostering female entrepreneurship and nurturing innovative ideas reflects her deep-rooted belief in the power of respectful partnerships. With a career marked by impactful contributions, including her role at the American University in Cairo, Amal is set to accelerate Egypt’s entrepreneurial landscape.

Reem Qawasmi is changing the landscape of entrepreneurship in Palestine through her impactful work as a Venture Partner at Ibtikar Fund. With a background in accounting and a desirefor innovation, she

empowers emerging startups by providing invaluable mentorship and strategic guidance. Reem’s journey from global firms to the heart of Palestinian entrepreneurship showcases her commitment to fostering sustainable growth.

Badria Hamad Al-Humaidhi

CEO of Boubyan Capital

As venture capital gains momentum in the Middle East, strategic leaders like Badria Hamad Al-Humaidhi are crucial to shaping the future of this evolving ecosystem. Al-Humaidhi, the CEO of Bouby-

an Capital, the investment arm of Boubyan Bank, is driving growth in Kuwait’s venture capital scene through a Sharia-compliant approach. Boubyan Capital, launched in 2007, operates as the Corporate Venture Capital (CVC) subsidiary of Boubyan Bank.

TOP 20

Noor Sweid Transforming Ventures in Emerging Markets with Vision and Purpose

Founder & Managing Partner, Global Ventures

In the vibrant financial hub of Dubai, Noor Sweid stands out as a trailblazer in venture capital. As the Founder and Managing Partner of Global Ventures, Noor has redefined the venture capital landscape across the Middle East, North Africa, and beyond.

Born in Boston to Syrian parents and raised in Saudi Arabia and Dubai, Noor’s diverse background profoundly shaped her approach to venture capital. She reflects, “Being raised in a multicultural environment taught me the value of understanding diverse perspectives and seeking innovative solutions.” This mindset became a cornerstone of her work, driving her commitment to supporting founders with

groundbreaking ideas.

Noor’s academic journey took her back to Boston, where she earned dual degrees in Finance and Economics at Boston College. Her career began as a biotech strategy consultant at Accenture, honing her skills in navigating complex markets. In 2005, she returned to Dubai, joining Booz Allen and later her family’s luxury interior contracting business, Depa. At Depa, Noor’s impact was transformative. She scaled the business tenfold in three years and led its IPO on the London Stock Exchange and NASDAQ Dubai, valuing the company at over $1 billion. “It was a monumental task, especially at the age of 28, but it taught me the power of strategic thinking and resilience,” she says.

The global financial crisis posed significant challenges, but Noor’s strategic moves in mergers and acquisitions helped sustain growth. “We turned the crisis into an opportunity by acquiring struggling companies and expanding globally,” she explains. Concurrently, Noor founded ZenYoga in 2006, the first yoga studio in the MENA region. ZenYoga grew rapidly, becoming the largest wellness chain in the region before Noor’s successful exit in 2014.

Noor’s venture capital journey began with angel investing and her involvement with Endeavour UAE. Realizing the region’s startups lacked capital, she founded Global Ventures in 2018. The firm, with a presence in Egypt, Saudi Arabia, and Nigeria, focuses on startups addressing significant market needs. “We invest half in emulation and half in innovation,” Noor adds. Global Ventures has supported over 60 startups, with assets under management reaching $300 million.

Notable successes include investing in Tabby, a buy-now-pay-later platform that became a unicorn in 2023. Noor’s investments reflect her belief in emerging sectors like agritech and supply chain innovations. Global Ventures’ backing of Iyris, an agritech startup, and Immensa, a UAE-based additive manufacturing company, highlight her focus on impactful, local solutions.

Beyond her role at Global Ventures, Noor serves as Chairperson of the Middle East Venture Capital Association and holds board positions at MIT Sloan and TechWadi. Her contributions have earned global recognition, including being named one of the World’s Top 50 Women in Tech by Forbes.

Noor Sweid’s journey from managing a family business to becoming a leading venture capitalist underscores her vision, resilience, and dedication to purposeful entrepreneurship. As she leads Global Ventures into the future, her mission remains clear: to empower founders who aim to make meaningful changes in the world.

TOP 20

Laila Hassan Championing Venture Capital and Empowering Egyptian Startups

Laila Hassan’s ascent in the venture capital world has been nothing short of impressive. As a General Partner at Algebra Ventures and a Venture Partner at 500 Global, Laila has become a significant force in shaping the startup ecosystem in the MENA region. Her journey is marked by a blend of strategic acumen, a deep understanding of market dynamics, and an unwavering commitment to fostering innovation.

Laila joined Algebra Ventures in 2021 to lead the launch of its second fund, a pivotal move that underscored her role in advancing Egypt’s startup landscape. This new fund, valued at $90 million, reflects Algebra’s commitment to nurturing early-stage startups with a focus on sectors poised for growth. Under her leadership, the fund aims to drive impact across various sectors, from agritech to insurance, with a keen eye on solving real-world problems.

Her career path displayed her dedication to venture capital and entrepre-

neurship. Before Algebra Ventures, Laila was a Venture Partner at 500 Global, where she spearheaded the 500 Falcons Fund, the firm’s inaugural MENA fund. Her tenure at 500 Global, starting in 2019, saw her refine the fund’s follow-on investment strategy and enhance portfolio data gathering and analysis, which has been instrumental in supporting high-potential startups across the region.

Laila’s venture capital journey began with a strong foundation in consulting and investment. She has worked with several VC firms, including Middle East Venture Partners and Algebra Ventures, where she led transactions and collaborated with portfolio companies on fundraising and operational improvements. Her consultancy experience in Egypt allowed her to assist numerous startups in developing robust operational and fundraising strategies.

Her academic credentials further bolster her impressive career. Hassan holds dual undergraduate degrees in

Business Administration and Law from the American University in Cairo and Cairo University, respectively. She also earned an MBA from London Business School, where she gained invaluable experience as a summer associate at Morgan Stanley’s investment banking division. This global exposure, combined with her return to Egypt, highlights her dedication to leveraging her skills within the region’s burgeoning startup ecosystem.

In an interview with StartupScene, Laila shared her perspective on the importance of acknowledging and learning from failures. “The narratives surrounding success often overlook the critical role of overcoming setbacks,” she said. “We need to celebrate not just the victories but the resilience that drives us through failures.” Her insights reflect a broader vision of fostering a more transparent and supportive environment for entrepreneurs.

Her commitment extends beyond venture capital. She is a vocal advocate for increasing female representation in the startup ecosystem. Through the AV Sigma Women programme at Algebra Ventures, she is actively working to empower female founders and encourage more women to pitch their ideas. Her belief in the potential of women entrepreneurs is evident in her approach to investment and mentorship.

As Algebra Ventures embarks on its second fund, Laila’s strategic direction promises to unlock new opportunities for startups in Egypt and beyond. Her focus on early-stage investments and sector-agnostic strategies aims to support a diverse range of ventures, driving innovation and growth in the region.

Laila’s journey is a powerful example of how dedication, strategic vision, and a commitment to empowering others can drive success in venture capital. Her leadership at Algebra Ventures and 500 Global is shaping the future of the startup ecosystem, making her a key figure to watch in the coming years.

General Partner , Algebra Ventures

TOP 20

Lana Ghanem Pioneering the Future of Healthcare Through Venture Capital

Managing Director,Hikma Ventures, the corporate VC arm of Hikma Pharmaceuticals

In the rapidly evolving landscape of healthcare, Lana Ghanem stands out as a trailblazer reshaping the industry through her role as Managing Director of Hikma Ventures. A key architect behind the establishment of Hikma Ventures in 2015, Lana has been instrumental in broadening Hikma’s reach into the burgeoning fields of digital health and life sciences.

Lana’s journey began in 2012 when she joined Hikma Pharmaceuticals as Assistant to the CEO and Director of Corporate Strategy & Development. Her early work involved spearheading strategic projects that spanned strategy, mergers and acquisitions, operations, and finance. This diverse experience laid the groundwork for her pivotal role in Hikma Ventures, where she now drives innovation and strategic investments.

Prior to her tenure at Hikma, Lana worked as a Financial Analyst at Dresdner Kleinwort Investment Bank in

London, focusing on mergers and acquisitions across various sectors. Her global perspective and financial acumen have been vital in steering Hikma Ventures towards identifying and nurturing high-potential digital health startups.

Under Lana’s leadership, Hikma Ventures has made significant strides in integrating technology with healthcare. The venture capital arm has invested in companies that align with Hikma’s vision of enhancing patient care through digital solutions. This includes investments in medication adherence technologies and telemedicine platforms, reflecting a commitment to leveraging technology to improve healthcare outcomes.

Lana’s influence extends beyond her role at Hikma Ventures. She is a founding member of the Innovation & Leadership Advisory Board (ILAB), a platform designed to foster innovation within Hikma by engaging young employees in the company’s strategic initiatives. ILAB’s

iTECH initiative, which Lana oversees, showcases digital health startups to Hikma’s global workforce, encouraging a shift in mindset from a traditional pharmaceutical manufacturer to a forward-thinking healthcare solution provider.

In her various roles, she has demonstrated a keen understanding of technology’s transformative potential in healthcare, particularly emphasizing its most profound impact on personalized medicine and disease prevention. By harnessing advances in genomics and diagnostics, the industry is moving towards more tailored and effective treatments.

However, Lana acknowledges the challenges that come with technological adoption in healthcare. Issues such as data privacy, user engagement, and regulatory uncertainty pose significant hurdles. Despite these obstacles, she remains optimistic about the potential for digital tools to streamline processes, enhance patient care, and drive efficiency across the healthcare system.

Her strategic vision also extends to areas ripe for digital disruption, such as the pharmaceutical supply chain and sales and marketing. She advocates for the use of predictive analytics and blockchain technology to address inefficiencies in inventory management and improve transparency.

As Lana continues to lead Hikma Ventures, her focus remains on pushing the boundaries of healthcare through venture capital. Her commitment to innovation and her strategic insights are shaping the future of the industry, making her a key figure in the ongoing transformation of healthcare.

Lana’s journey is a testament to the power of visionary leadership in driving meaningful change. As she continues to navigate the intersection of technology and healthcare, her impact will undoubtedly be felt across the industry, paving the way for a more innovative and efficient future.

TOP 20

Luma Fawaz revolutionizing early-stage investment through her transformative leadership

Luma Fawaz stands as a towering figure in the Middle Eastern entrepreneurial landscape, shaping the future of early-stage business acceleration and investment. Recognized by Forbes as one of the region’s Top 100 Power Businesswomen for the past two years, Luma has cemented her role as a catalyst for change in the startup ecosystem through her leadership at Oasis500, a premier pre-seed and seed fund investor based in Amman, Jordan.

Under Luma stewardship, Oasis500 has transformed into a key player in nurturing Jordan’s burgeoning start-up scene. The organization has guided over 150 early-stage ventures and mentored more than 2,500 entrepreneurs, playing a pivotal role in their journey from initial concept to investment readiness. Her strategy involves not just financial support, with investments ranging from $200,000 to $300,000, but also a robust acceleration process. This includes product development, business model

refinement, expert coaching, and access to an expansive network of industry professionals.

In a recent exclusive interview with “EntArabi” at the Forbes Middle East Under 30 Summit in Gouna, Luma shared her vision and insights. She described Oasis500’s mission as more than just providing capital. “Our role extends far beyond financial assistance. We’re here to guide and support these young entrepreneurs throughout their growth journey,” she stated. Her leadership has resulted in the company receiving over 17,000 applications since its inception, underscoring Oasis500’s significant influence in fostering entrepreneurial talent.

Looking ahead, Luma is focused on expanding Oasis500’s reach. She revealed plans to increase investments across Egypt, Tunisia, Lebanon, Palestine, and the Gulf countries over the next two years. This strategic expansion highlights Oasis500’s commitment to broadening its impact across the region.

wA strong advocate for gender inclusivity, Luma has ensured that nearly 35% of Oasis500’s fund is dedicated to supporting female entrepreneurs.

“We’re committed to achieving balance and fostering innovation led by women,” she emphasized. Her dedication to women in entrepreneurship reflects a broader vision of promoting diversity within the startup ecosystem.

Luma’s advice to aspiring entrepreneurs is both practical and inspirational. She encouraged sharing experiences and success stories as a means of collective growth. “Everyone should share their experience with others because if each person shares their true story with at least five others, we will benefit from each person’s experience and learn from it,” she advised.

As Luma reflects on her journey, including her recent visit to Egypt—a place she described as “the mother of the world”—she remains optimistic about the future.

CEO, Oasis500

TOP 20

Medea Nocentini: Pioneering Impact and Innovation in Venture Capital

As a Senior Partner at Global Ventures, Medea stands at the nexus of high-growth investments and transformative change, shaping the firm’s trajectory with a sharp focus on startups in emerging markets. A member of the investment committee and the leader-

ship team, she drives the implementation of the Entrepreneurial Operating System (EOS), acting as an Integrator, overseeing portfolio value creation and leading ESG strategy development and implementation. She also plays a vital role in talent management, leadership development, and executive coaching.

Her career, spanning over two decades, highlights her unique ability to blend financial acumen with a deep commitment to meaningful, sustainable impact.

Medea is the founder of C3 – Companies Creating Change, now part of Global Ventures, a B Corp™- certified organization, helping good businesses get great at solving the world’s most pressing issues. Supported by major organizations like HSBC and Accenture, C3 has catalyzed the growth of over 2,500 businesses, fostering a culture where profit and purpose are inextricably linked. Her leadership is not just about capital; it’s about elevating the entrepreneurs and ideas that are shaping the future.

Medea’s career is built on a strong academic foundation, with an MBA from Columbia Business School and post-graduate engineering degrees from Politecnico di Torino and CentraleSupélec. Her early career included roles at Booz Allen Hamilton, where she developed strategies for diverse clients across Europe, the U.S., and the Middle East. She also served as Chief Strategy Officer at AW Rostamani Group, a diversified family conglomerate, and as Senior Vice President of Strategy and Corporate Development at OSN, where she focused on market intelligence and consumer strategy.

Recognized as one of the Meaningful Business 100 for her contributions to advancing the United Nations Global Goals, Medea is also a Certified Professional Co-Active Coach (CPCC) and an Enneagram enthusiast, dedicated to fostering both personal and professional growth.

At Global Ventures, Medea’s strategic insights and commitment to innovation continue to shape the firm’s investment approach, particularly in frontier markets with high growth potential. Her work exemplifies the intersection of impactful entrepreneurship and strategic investment, driving both financial success and meaningful change in emerging markets.

Senior Partner, Global Ventures

TOP 20

Dina El-Shenoufy Navigates the Venture Capital Landscape with Precision and Passion

Chief Investment Officer, Flat6Labs

Dina El-Shenoufy, the Chief Investment Officer at Flat6Labs, has become a key player in the venture capital world, shaping the future of startups across the MENA region. With a career spanning over a decade in financial services, Dina’s journey showcases her dedication and expertise in the field.

At Flat6Labs, Dina oversees a dynamic portfolio, focusing on nurturing and investing in early-stage startups. Her role involves not just managing investments but also shaping the strategic direction of the accelerator. Under her leader-

ship, Flat6Labs has become a pivotal force in the startup ecosystem, offering more than just capital but by providing mentorship and guidance to entrepreneurs with groundbreaking ideas.

Her career began at Al-Ahly Capital Holding, where she refined her skills as a Senior Analyst. Here, she managed a substantial Oil and Gas portfolio valued at over $200 million and played a crucial role on the board of AMOC, Egypt’s leading producer of essential mineral oils. Her tenure at Beltone Asset Management further enriched her experience, where she co-managed a $28 million

regional portfolio, gaining invaluable insights into the GCC, Levant, and North African markets.

In an exclusive interview with My Morning Routine, Dina shared her unique approach to venture capital and investment. She emphasized the challenges and opportunities of investing at the earliest stages of a startup’s life cycle. “Investing at the MVP stage is inherently risky,” she explained. “We know that a significant percentage of our investments may not succeed, but our goal is to achieve high returns from the few that do. This risk-taking approach is fundamental to our strategy at Flat6Labs.”

Her disciplined routine reflects her commitment to excellence. Dina starts her day at 5:30 a.m., dedicating time to coffee, exercise, and planning before diving into her work. Her passion for triathlons, having transitioned from marathons to triathlons, mirrors her professional approach: strategic, disciplined, and driven by long-term goals.

Dina believes that her experience in sports has instilled a strong sense of organization and preparation, skills that she finds directly beneficial to her work in venture capital. She also addressed gender diversity in the startup ecosystem. While acknowledging the global gender bias in investment, Dina highlighted Flat6Labs’ efforts to support female entrepreneurs. “We strive to create opportunities for female-led startups, but it’s often challenging to find scalable, innovative ideas from female founders. Our focus is on educating and empowering these entrepreneurs to pitch effectively and overcome biases.”

Dina’s journey from managing portfolios to leading a prominent accelerator illustrates her deep understanding of venture capital and commitment to fostering innovation. Her story is not just about managing investments but about shaping the future of entrepreneurship in the MENA region, making her a standout figure in the venture capital landscape.

TOP 20

Noura Al-Sarhan advancing SVC through her innovative leadership and strategic investments

Noura Al-Sarhan has made significant strides in Saudi Arabia’s venture capital space, recently being appointed Deputy CEO at Saudi Venture Capital Company (SVC), where she also serves as Chief Investment Officer (CIO). With a career that spans over a decade, Al-Sarhan has built a reputation for driving innovation and supporting the growth of early-stage startups. Her role at SVC includes overseeing investments in strategic sectors, both through funds and direct ventures.

Al-Sarhan joined SVC in 2019 as Investment Director and was promoted to CIO in 2020. Under her leadership, SVC has made pivotal contributions, including a recent $30 million commitment to Olive Rock Partners’ debut fund, which targets tech-enabled businesses in the Gulf, particularly in the UAE and Saudi Arabia. Reflecting on her journey, Al-Sarhan emphasizes the importance of fostering growth within Saudi Arabia’s entrepreneurial ecosystem, noting that SVC’s support of startups aims to bolster the country’s Vision 2030 initiative.

Before joining SVC, Al-Sarhan held key roles, such as Equity Funding Director at the General Authority for Small and Medium Enterprises (Monsha’at). She started her career as a financial analyst at Ernst & Young in 2010, working on transaction advisory services for both public and private sector clients. Her academic background includes an MBA from Alfaisal University, as well as advanced programs from prestigious institutions like Harvard Business School and Stanford University.

Beyond her professional achievements, Al-Sarhan is actively involved in charitable work as a founding board member of Bunyan Charitable Society. Her vision for the future includes continued support for startups and small businesses through innovative financing models that stimulate growth and development.

In her role as CIO at SVC, Al-Sarhan manages assets worth $2.2 billion, overseeing funds and direct investments in various sectors, with a key focus on innovation. Her work extends to sitting on multiple Limited Partner Advisory Committees (LPACs), where she contributes to strategic decision-making.

SVC, established in 2018, has played a pivotal role in Saudi Arabia’s economic development, backing over 50 private capital funds and investing in more than 700 businesses. It has strategically deployed capital across various venture capital and private equity firms, including Investcorp, General Atlantic, and TVM Capital. SVC’s diverse portfolio also includes over 30 venture capital firms, such as Shorooq Partners, Global Ventures, and Flat6Labs, further advancing its mission to stimulate growth for startups and SMEs from pre-seed to pre-IPO stages.

Al-Sarhan’s leadership not only drives SVC’s success but also contributes to the larger goal of creating a thriving entrepreneurial landscape in the Kingdom, aligned with the broader objectives of Saudi Vision 2030.

TOP 20

Rana Abdel Latif Radical Journey in Venture Capital and Private Equity

Rana Abdel Latif is poised to make a significant impact as the newly appointed partner at Speedinvest, a leading pan-European venture capital firm. Her journey reflects a commitment to excellence, a deep understanding of regional markets, and a passion for fostering innovation.

Rana’s academic credentials include an MBA from Columbia Business School and London Business School, which provided her with advanced knowledge in finance and a global perspective. She believes in the value of continuous learning, stating, “A happier person is one that is in pursuit of their dream, not one that has achieved it.” Her educational background laid the foundation for her analytical skills and global financial insight.

Her professional career began in asset management with roles at Beltone Asset Management and ABN Amro Rothschild, where she honed her skills in

financial analysis and investment strategies. However, her notable achievements came during her decade at Qalaa Holdings (formerly Citadel Capital), where she led major mergers and acquisitions across North and East Africa. Her strategic work at Qalaa was pivotal, particularly in sectors like energy and transportation, and included overseeing the region’s first IPO on the London Stock Exchange and NASDAQ Dubai.

Rana’s venture into fintech and venture capital was marked by her role at Nclude Fintech Innovation Fund in Cairo, where she co-led successful transactions, advancing Africa’s fintech ecosystem. This experience highlighted her ability to identify and nurture high-potential startups, contributing to financial inclusion and innovation in Africa.

In 2024, Rana joined Speedinvest as a partner in the Emerging Markets team, based in Dubai. She is tasked with expanding Speedinvest’s presence in the Middle East, Africa, and beyond. With

over 15 years of experience, Rana is well-positioned to identify and fund impactful startups. Speedinvest CEO Oliver Holle praised her appointment, stating, “Adding someone of Rana’s caliber to our team was a no-brainer... We are well positioned to help local companies grow and scale more quickly.”

Rana views emerging markets as regions rich with potential, not just sources of capital. “We see the region not only as a source of capital but as the capital of opportunity,” she asserts. Her strategy involves not only financial support but also strategic guidance to help startups navigate challenges such as regulatory hurdles and limited infrastructure.

A strong advocate for diversity and inclusion, Rana believes that a diverse approach to investment drives innovation. She aims to promote diversity both within Speedinvest and in the companies it invests in, emphasizing its role in addressing underserved communities’ needs.

Outside of work, Rana enjoys diving, hiking, and camping with her family, which helps her maintain a work-life balance. Looking ahead, she is eager to support the growth of the fintech sector and continue making a meaningful impact in emerging markets. “There’s never been a more critical time to provide early and growth-stage funding to the most promising startups,” she notes.

Rana’s journey in venture capital and private equity exemplifies the power of perseverance, passion, and a deep commitment to excellence. Her work has not only helped to drive innovation and growth in some of the world’s most challenging markets but has also paved the way for future generations of investors and entrepreneurs. As she continues to build her legacy at Speedinvest, there is no doubt that Rana will remain a key figure in the world of venture capital, inspiring others to follow in her footsteps and to push the boundaries of what is possible in emerging markets.

Partner , Speedinvest

TOP 20

Reem Qawasmi Empowering Palestinian Startups and Building Entrepreneurial Ecosystems

Reem Qawasmi’s journey from accounting to venture capital showcases her dedication to fostering innovation and entrepreneurship in Palestine. As a Venture Partner at Ibtikar Fund, Reem has helped shape the future of startups in the region, offering her expertise and mentorship to emerging businesses.

Reem’s early career began in accounting, where she gained experience at global firms such as PricewaterhouseCoopers and Ernst & Young. During her time as a Senior Auditor, she led

audit teams across various sectors, working with commercial banks, service companies, and non-profit organizations. However, Reem’s passion for entrepreneurship gradually drew her toward supporting startups and small businesses.

Her pivotal shift came when she pursued an MBA at Texas A&M University’s Mays Business School, where she earned a Graduate Certificate in Entrepreneurship. It was here that Reem discovered her true calling which is empowering entrepreneurs to succeed.

While at Texas A&M, Reem worked closely with student founders at the university’s Startup Aggie Land business accelerator. She also played a crucial role in coordinating on-campus entrepreneurial activities as part of the Blackstone LaunchPad project, fueling her desire to develop ecosystems that foster innovation.

Returning to Palestine, Reem began applying her business expertise as a freelance management consultant, helping local startups optimize their operations, streamline financial management, and develop sustainable growth strategies. This experience gave her first-hand insight into the challenges Palestinian entrepreneurs face—challenges that Reem is committed to addressing.

Since joining Ibtikar Fund in 2017, Reem has used her extensive financial knowledge and strategic insights to identify and nurture promising startups. Ibtikar Fund focuses on seed and early-stage ventures, and under Reem’s guidance, the fund has expanded its portfolio to support diverse sectors, from technology to education. Reem’s work at Ibtikar isn’t just about funding—it’s about building lasting networks, providing mentorship, and connecting entrepreneurs with opportunities that drive value and growth. Reem’s belief in the power of entrepreneurship extends beyond individual businesses. She sees it as a vital engine for job creation and future innovation, especially in regions like Palestine, where opportunities for economic advancement are often limited. Reem’s mission is to build a broader entrepreneurial ecosystem across the MENA region, creating a foundation where new ideas and talents can flourish.

Her story is one of perseverance, vision, and an unwavering commitment to helping others succeed. Through her work at Ibtikar Fund, Reem is not only shaping the future of Palestinian startups but also championing the growth of entrepreneurship as a force for economic and social development in the region.

Partner, Ibtikar Fund

TOP 20

Sacha Haider Journey From Aspirations in the Arts to Leading Venture Capitalist

SPartner , Global Ventures

acha Haider has been investing across emerging markets for over a decade. Her journey, spanning Asia, Africa, and Latin America, has culminated in her current role as a Partner at Global Ventures, where she invests in founders across the Middle East and Africa. Driven by a deep commitment to shaping the narrative of the Global South, Sacha believes that empowering founders with access to capital to build globally scalable companies from the MEA region will help tell the story of the region on the world stage.

After studying History and Politics at the University of Warwick, Sacha initially planned to pursue a career in journalism. However, an internship at L Capital Asia in Singapore introduced her to the world of venture capital. This experience paved the way for her future in private equity and venture capital, leading her to The Abraaj Group in Kenya, where she worked on the firm’s Sub-Saharan Africa large-cap PE fund. It was there that Sacha observed the significant funding gap faced by Series A and B startups, sparking her realization of the transformative

role she could play in supporting emerging market entrepreneurs. Sacha’s career later took her to Mexico City, where she worked with Colony Capital on mid-cap deals for the firm’s Pacific Alliance fund, targeting sectors like retail, education, and hospitality. This role further broadened her expertise in emerging markets, adding Latin America to her growing portfolio of investment experience.

In early 2020, Sacha joined Global Ventures, a UAE-based VC firm with a strong focus on emerging markets. She played a pivotal role in establishing the firm’s investment process and supporting its expansion across the MEA region, leading investments in digital health, mobility, and fintech. Her work at Global Ventures has since involved spearheading investments in several high-growth startups across MEA, including Moniepoint, Abhi, Helium Health, and MAX—all of which are tackling critical challenges in digital health, financial inclusion, and access to mobility. Beyond her role in investment, Sacha has been instrumental in nurturing the next generation of venture cap-

italists across MEA. She spearheaded Global Ventures’ highly regarded internship program, one of the largest in venture capital across emerging markets. This program aims to create greater access to venture capital, broaden the talent pool in early-stage investment, and make venture accessible to youth across the MEA region. Under her leadership, the program has empowered young professionals with the skills and knowledge to thrive in venture capital, opening doors to careers that were previously out of reach for many in the region.

Sacha’s role at Global Ventures extends beyond identifying promising startups; she is committed to supporting these companies throughout their growth. The firm’s value creation framework, PARTNER, is designed to help founders build scalable, competitive businesses by providing strategic support across areas such as operations, talent, and capital raising. Her involvement in this framework underscores her dedication to empowering founders and fostering sustainable growth within MEA.

Sacha is optimistic about how AI will shift the tech landscape across MEA. She sees immense opportunities for AI-driven solutions to reduce overhead costs, streamline operations, and drive efficiency in sectors such as digital health, financial technology, and logistics. As this technology rapidly progresses, Sacha is working with her team to identify AI-first businesses from the region that can outcompete their global peers. She also believes that AI will be a key disruptor to the venture capital industry itself and is excited to see how it can be leveraged to enable faster, data-backed decision-making.

Looking to the future, Sacha is focused on supporting visionary founders in the MEA region who are solving important problems with technology. She remains dedicated to the firm’s mission of driving meaningful change, one investment at a time, and helping the MEA region emerge as a powerful contributor to the global innovation landscape.

TOP 20

Sarah Abu Risheh navigates the ever-evolving landscape of innovation

In the fast-paced world of venture capital, few have navigated the complexities of emerging markets with as much acumen and passion as Sarah Abu Risheh. As a Partner at Nuwa Capital, Sarah has established herself as a prominent figure in the investment landscape, overseeing a diverse portfolio and championing early-stage technology startups across the Middle East, North Africa, East Africa, Turkey, and Pakistan.

Sarah’s career began with a solid foundation in finance, earning her Bachelor of Commerce degree from McGill University. Her journey into venture capital took shape at Ernst & Young, where she sharpened her skills in transaction advisory services. This experience

equipped her with a keen eye for financial modeling and due diligence, skills that would later prove invaluable in her venture capital career.

In 2019, Sarah joined Wamda Capital as an Investment Principal, where she played a crucial role in managing deals with over 20 companies across various funding stages. Her strategic insights contributed to significant investments in prominent startups such as Eyewa, Crowdanalyzer, Ziwo, and Nana Direct. She was also instrumental in supporting established names like Careem and Mumzworld, reflecting her ability to identify and nurture high-potential ventures.

At Wamda, Sarah led the second cohort

of Wamda X, a fellowship program designed to support early-stage founders. Her leadership in this initiative underscored her commitment to nurturing new talent and fostering innovation in the tech sector.

In 2020, Sarah transitioned to Nuwa Capital, a firm she helped shape into a dynamic force in early-stage investment. Based in Dubai with additional offices in Riyadh and Cairo, Nuwa Capital has quickly gained a reputation for its strategic focus on sectors like retail, business services, agribusiness, and technology. Sarah’s role involves not just identifying promising startups but also driving the firm’s investment thesis and contributing to its overall strategic direction.

Sarah’s approach to venture capital is deeply rooted in her belief in the transformative power of technology and innovation. “Investing is not just about financial returns,” she explains. “It’s about backing visionary entrepreneurs who are solving real problems and creating meaningful impact.” Her perspective on the MENA and broader regional markets is both insightful and optimistic. Sarah highlights the unique opportunities present in these regions, pointing to a burgeoning tech ecosystem that is ripe for disruption. She emphasizes the potential for growth in sectors like agri-tech and business services, areas where Nuwa Capital is actively seeking to make a difference.

Outside of her investment roles, Sarah serves on the board of Ziwo, where she continues to influence the tech landscape from a governance perspective. Her career trajectory illustrates a deep commitment to advancing the venture capital field and supporting the next generation of entrepreneurs.

Sarah story is one of dedication, expertise, and a forward-thinking approach to investment. As she continues to shape the future of venture capital, her contributions promise to leave a lasting impact on the startup ecosystem across multiple regions.

Partner, Nuwa Capital

TOP 20

Sarah AlSaleh Navigates the Intersection of Technology and Venture Capital

Sarah AlSaleh, Partner at Outliers Venture Capital, stands out as a transformative force in venture capital, bridging her extensive tech background with strategic investment insights. Raised in Saudi Arabia, Sarah’s career trajectory spans notable roles in the technology sector, including positions at Google, a startup venture in 2011, and a leading fintech unicorn in New York. Her leadership at a prominent MENA tech company further highlights her deep engagement with the tech landscape.

Sarah’s transition into venture capital was serendipitous rather than planned. “I was and still continue to be an operator at heart. I love to dig deep into the product vision and detailed product metrics,” she said in an interview with Lucidity Insights. Although venture capital was not her initial focus, she quickly recognized its broader impact. “I didn’t naturally gravitate to investing early in my career, but once I made the switch, it was clear that VC is not only about financial transactions. It’s also a tool to realize the future and materially unlock new

value in the world,” she added. This shift illuminated her understanding of venture capital as a means to drive innovation and create significant value.

A strong advocate for diversity, Sarah emphasizes its critical role in venture capital. “This is where diversity, be it in gender, ethnicity, background, or thinking process matters. We see it as a prerequisite to success both within our team and in our investment decisions,” she said. Her commitment to fostering a diverse investment team and supporting varied perspectives is a cornerstone of Outliers VC’s strategy.

In a recent discussion with Massimo Mazza, Senior Partner at McKinsey, Sarah delved into the MENA startup ecosystem. They discussed the defining characteristics of successful product-driven founders, the potential for cross-regional collaboration, and the importance of setting industry standards and building institutional knowledge

Outliers Venture Capital, where Sarah serves as General Partner, focuses on supporting outlier founders in both the US and MENA regions. Her previous role as Investment Manager at STV and her current position as Board Member at Kenzz further underscore her significant expertise and strategic vision in the venture capital realm.

Sarah’s academic credentials include a Master’s degree in International Policy from Stanford University, concentrating on Internet and Technology Policy, and a Bachelor’s degree in Business Administration. This educational background complements her hands-on experience, enriching her approach to venture capital.

Her journey from a tech pioneer to a leading venture capital figure reflects her dedication to fostering innovation and supporting transformative ventures. Moreover, her leadership at Outliers Venture Capital continues to shape the future of early-stage investments and advance the startup ecosystem in the MENA region and beyond.

TOP 20

Sonia Gokhale Steering the Venture Capital Seas with VentureSouq

Co-Founder and General Partner, Venture Souq

Sonia Gokhale’s path to becoming a formidable force in venture capital is as dynamic as the startups she supports. As co-founder and general partner at VentureSouq, her journey from actuarial consulting to venture investing is a testament to her vision and versatility.

Sonia’s professional journey began in the realm of actuarial science, with roles at Mercer Human Resource Consulting in Dubai and Toronto. Here, she refined her analytical skills, earning her place as a Fellow of the Canadian Institute of Actuaries and the Society of Actuaries. Her transition into venture capital was marked by her tenure at Abu Dhabi Investment Council (ADIC), where she focused on tech and venture deals in a large sovereign wealth fund.

The seeds of VentureSouq were sown out of her desire for greater risk and innovation. Together with her husband and co-founder, Suneel Gokhale, Sonia ventured beyond traditional investments into the high-stakes world of angel investing. The couple’s early investments ignited their passion for tech and startup ecosystems, leading to the creation of VentureSouq in 2015. The firm was designed to democratize access to early-stage tech investments and has since built a global portfolio of over 90 startups, including notable names like Andela, Onfido, and Zoomcar.

Sonia’s daily life as a VC is a whirlwind of activity. “Each day is unique,” she said in an interview with Mena Bytes. “We could be fundraising, evaluating potential investments, or engaging with startups and investors globally.” Her actuarial

background fuels her deep dive into financial metrics, while her global perspective ensures she stays attuned to innovations worldwide. VentureSouq’s international reach means Sonia’s workday often spans continents, from Africa to Europe and beyond, ending with discussions with portfolio companies and co-investors in the US.

What Sonia cherishes most about her role is witnessing global technological advancements. “It’s a privilege to see innovation unfold,” she added. Her investment criteria focus on founders who tackle real-world problems with determination and curiosity. Sonia values grit and a deep understanding of the industry, looking for startups that solve inefficiencies and are scalable.

One major turn-off for Sonia is arrogance. “Startups should be about learning and adaptability,” she emphasizes. Her advice to first-time founders is to concentrate on solving genuine problems, ensuring scalability, and maintaining healthy margins.

Reflecting on missed opportunities, Sonia cites Careem as a standout example. “It’s a regional success story that set a high bar for startups in MENA,” she notes. Her observations on global markets suggest that MENA could benefit from adopting strategies seen in American and Indian startups, particularly in fintech. Sonia’s favorite tech tools are those that simplify her life, balancing work with family responsibilities. From grocery deliveries to managing household needs via apps, she embraces technology that streamlines daily tasks.

At VentureSouq, Sonia and her team are making significant strides across MENA and Africa, focusing on fintech and emerging markets. Their investments aim to bridge gaps in financial services and spur growth in underserved regions. With a keen eye on future trends like the intersection of fintech with health and climate sectors, Sonia remains a visionary leader steering VentureSouq towards a transformative future.

TOP 20

Sonia Weymuller, a Pioneer in ClimateTech and FinTech Investment

Co-Founder

and General Partner, Venture Souq

Sonia Weymuller, Co-Founder and General Partner at VentureSouq (VSQ), has established herself as a formidable force in the venture capital world, especially in the fields of ClimateTech and FinTech.

Leading VSQ’s ClimateTech investment practice, she has been instrumental in shaping the firm’s strategic focus on mission-driven investments that create meaningful social and environmental impact. Her journey through the world of venture capital is a blend of strategic thinking, passion for impact, and dedication to education, making her a key player in the MENA region’s entrepreneurial ecosystem.

Sonia’s early career saw her working in various industries, from commercial development at Turner Broadcasting in Dubai to roles with Viacom’s Emerging Markets Strategy Group and Microsoft’s Strategy and M&A team in London. She also served as an Investment Consultant for Acumen’s KawiSafi Fund, where she focused on off-grid solar energy in East Africa. These experiences laid a strong foundation for her deep understanding of different sectors and her commitment to making a positive difference through investment.

At VentureSouq, Sonia has led the charge in establishing a venture capital

platform that prioritizes thematic investments, particularly in FinTech and ClimateTech. entureSouq’s FinTech Fund I, a $50 million fund, marked a significant milestone as the first sector-specific fund in the region focusing on FinTech across MENA and Pakistan.

The fund has been supported by key regional players such as Jada Fund of Funds, Saudi Venture Capital Company (SVC), Mubadala Investment Company, and Bahrain’s Al Waha Venture Capital Fund of Funds. Under Sonia’s leadership, VSQ’s FinTech investments aim to provide financial inclusion services across emerging markets, from basic banking to digital banking solutions. Sonia’s influence extends beyond FinTech. She spearheaded the launch of the Conscious Collective beta fund, which brought together a group of mission-driven investors aligned in both purpose and strategy. This fund focuses on companies using technology to tackle global challenges such as climate change, healthcare, and financial inclusion. She has been a vocal advocate for “conscious investing,” emphasizing that financial returns and positive impact do not have to be mutually exclusive.

Education is central to Sonia’s mission. In collaboration with StartAD, she launched the Conscious Investor Fellowship, a program that has nurtured a new generation of regional investors, with 50% of each cohort comprising female decision-makers. Sonia believes that diversity and inclusion are critical to creating innovative solutions that address society’s most pressing challenges.

Today, VentureSouq boasts a portfolio of over 250 companies, 70 of which are part of its Global Conscious Portfolio. Sonia remains deeply committed to using venture capital as a tool to address some of the world’s most urgent problems, particularly in the underrepresented ClimateTech space. With climate change presenting both risks and opportunities, Sonia is at the forefront of empowering founders who are harnessing technology to create scalable, positive environmental impact.

TOP 20

Stephanie Nour Prince Breaking Barriers in MENA/ GCC Tech

Stephanie Nour Prince, a prominent partner at Nuwa Capital, is leading the charge in transforming the tech landscape for women in the MENA/GCC region. With nearly two decades of experience in a traditionally male-dominated field, Stephanie has been a driving force in advancing diversity and inclusion in technology.

Her career began in the tech industry

around 17 years ago, a time when female representation was minimal. Reflecting on her early experiences, Stephanie recalls being one of the few women in the room, a stark contrast to the more balanced gender ratios she observed in her Computer Science classes. Today, the tech sector in the region shows promising signs of change. Women are increasingly visible at various levels of tech companies and investment roles, fostering an environment where future

generations can see successful women as role models.

Despite these advancements, Stephanie underscores that considerable challenges persist. She notes the need for more access to career opportunities, mentorship, and funding for women-led ventures. The tech ecosystem, still largely shaped by male perspectives, benefits from the diverse approaches and ideas that women bring to the table. This diversity not only enriches the industry but also drives innovation and productivity.

Stephanie is a strong advocate for mentorship and leadership development as essential tools for fostering diversity. Effective mentorship programs can bridge the gap between emerging talent and seasoned professionals, while leadership development equips women with the skills needed to ascend to influential roles. Stephanie also highlights the importance of looking beyond one’s own organization for support and guidance, encouraging women to seek mentors and engage in broader industry networks.

In her role at Nuwa Capital, Stephanie is at the forefront of promoting inclusivity within the venture capital space. Nuwa Capital is committed to diversity, with a founding team comprising twothirds women and a diverse portfolio that supports a range of tech sectors. This commitment is not just about meeting diversity quotas but about recognizing the value diverse teams bring to innovation and growth.

Her journey reflects a broader trend towards greater female participation in tech, driven by initiatives and programs across the region. From corporate diversity training to government-backed mentorship programs, these efforts are making a difference. However, as Stephanie underscores, there is still much work to be done. The goal is to ensure that the tech industry continues to evolve towards a more inclusive and equitable future, where diversity is the norm rather than the exception.

Partner , Nuwa Capital

TOP 20

Basmah Alsinaidi Shaping the Future of Saudi Tech through Strategic Investment

Partner & Board Director, Impact46

In the dynamic landscape of venture capital, Basmah Alsinaidi stands out as a pivotal force driving Saudi Arabia’s burgeoning startup ecosystem. As Vice Chairman and Director of Asset Management at IMPACT46, Basmah has been instrumental in steering the firm’s investments towards nurturing homegrown unicorns in the MENA region. Her strategic vision and extensive experience make her a key player in transforming the Saudi Arabian market into a global tech powerhouse.

Basmah’s journey in investment began with a solid foundation in technology and startups. Her career took flight at IMPACT46, a prominent asset management and advisory firm founded in 2019. The firm quickly gained trac-

tion, making its mark by predominantly backing Saudi startups—27 out of 33 portfolio companies are Saudi-based. IMPACT46’s notable successes include significant exits such as Jahez, which achieved unicorn status through a 2021 IPO, Tamara, and Lendo.

Reflecting on the firm’s achievements, Basmah underscores the importance of local talent and innovation. “When we launched our seed-stage fund in 2019, we aimed to allocate 70% of our investments to Saudi startups. Today, nearly 90% of our funding is directed towards Saudi enterprises, with the remainder spread across the UAE and Egypt,” she said in an interview with Entrepreneur Middle East.. This shift highlights IMPACT46’s commitment to fostering a robust startup ecosystem within Saudi

Arabia.

In 2021, Basmah’s strategic foresight led to the creation of a growth-stage fund, addressing the needs of maturing startups. “Our growth-stage fund was designed to support startups as they transition from seed to growth stages. This dual approach allows us to capitalize on emerging market opportunities and address gaps in the local tech landscape,” she further elaborated in the interview. Basmah and her team have identified ripe opportunities for disruption, particularly in legacy software solutions, as they continue to engage with local startup software providers.

IMPACT46’s investment strategy, guided by Basmah, follows a “follow the unicorns” approach. This sector-agnostic strategy involves investing in startups that mirror successful global unicorns. “Saudi Arabia is evolving towards a leading tech ecosystem, but for now, we are leveraging proven global trends to mitigate risk. We are focusing on fintech, marketplace solutions, and on-demand services, mirroring the success stories of Asana, Stripe, and PayPal,” Basmah reveals.

This approach reflects Basmah’s belief in the potential of local businesses to disrupt markets and compete with international players. The “follow the unicorn” strategy entails a gamble: local startups must dominate their sectors and achieve unicorn status before global competitors enter the scene. If successful, these startups can either be acquired by international giants or secure significant market positions.

Basmah’s leadership and IMPACT46’s strategic investments are shaping the future of Saudi tech. The firm’s track record of successful exits and its forward-thinking approach position it as a key player in driving Saudi Arabia’s technological advancement. Through her work, Basmah Alsinaidi continues to push boundaries, setting the stage for Saudi startups to make a significant impact on the global stage.

TOP 20

Ambar Amleh Championing Innovation and Venture Capital in Palestine

Founder & Managing Partner, Ibtikar Fund

Ambar Amleh is a driving force behind the rise of Palestinian entrepreneurship and venture capital. As a co-founder of Ibtikar Fund, she has played a pivotal role in shaping the Palestinian startup ecosystem by supporting innovative ventures and creating opportunities for local entrepreneurs. With over a decade of experience, Ambar has demonstrated a profound commitment to fostering innovation in a region often

overlooked by investors, making her a key figure in Palestine’s economic transformation.

Her journey into venture capital began with a desire to address the funding gap for Palestinian startups. Ambar co-founded Ibtikar Fund in 2015 to provide seed and early-stage investments to startups that showed potential for growth and scalability. Recognizing the limited access to resources in the re-

gion, she and her team developed a unique approach to venture capital, offering not just financial support but also mentorship, networking, and strategic guidance.

Through Ibtikar Fund, Ambar has successfully invested in a range of startups across various sectors, from technology and education to healthcare. The fund has empowered young Palestinian entrepreneurs to turn their innovative ideas into viable businesses, contributing to job creation and economic development in the region. By nurturing these startups, Ambar has helped position Palestine as a hub of innovation, attracting attention from international investors and organizations interested in supporting emerging markets.

Ambar ’s influence extends beyond her role at Ibtikar Fund. She is a vocal advocate for the potential of Palestinian talent and the importance of investing in the region. Her work has helped shift perceptions, demonstrating that Palestinian entrepreneurs can compete on a global stage despite the challenges they face. Through her leadership, she has built partnerships with international investors and venture capitalists, securing crucial support for Palestinian startups.

One of the key factors in Ambar ’s success has been her ability to understand the unique challenges faced by Palestinian entrepreneurs, including access to funding, political instability, and limited infrastructure. By addressing these issues head-on, she has helped create a more supportive environment for startups to thrive. Her efforts have also led to increased opportunities for women entrepreneurs in Palestine, as she champions inclusivity and diversity in the startup ecosystem.

Ambar ’s work is a testament to the transformative power of venture capital in regions that are often marginalized. Through her leadership at Ibtikar Fund, she continues to champion innovation and create a brighter future for Palestinian entrepreneurs.

TOP 20

Amal Enan Joins 500 Global as Partner to Accelerate Egypt’s Startup Ecosystem

Amal Enan’s role as Partner at 500 Global highlights a major development in her career and for Egypt’s evolving startup landscape.

500 Global, a leading venture capital firm, is expanding its presence in Cairo through a partnership with the Egyptian IT Industry Development Agency (ITIDA). This collaboration aims to bolster Egypt’s startup landscape with a

variety of new programs and initiatives.

Amal, who is also the Chief Investment Officer at the American University in Cairo and Managing Partner at Lotus Capital, brings a wealth of experience to her new role. Her career spans over eight years of investing in Egyptian startups and contributing to their growth. In her role at 500 Global, Amal will oversee deal-related activities, driving the firm’s efforts to enhance Egypt’s entrepreneurial environment.

Her journey is marked by her commitment to sustainable and inclusive growth. She has previously served as a Senior Advisor on COP27 for the World Resources Institute and has led Lotus Capital, a fund focusing on climate technology and gender lens investing. Her approach to investment is deeply personal, reflecting her belief that “it’s important to treat a founder with respect and kindness, to instill dignity and confidence. It’s not just writing a check.”

Her career trajectory has been shaped by significant experiences, including her tenure at the Egyptian-American Enterprise Fund (EAEF) and her time with the Ministry of Finance during the Arab Spring. Amal’s move to Cairo in 2018 was driven by a desire to be closer to impactful work and to contribute directly to Egypt’s development.

Amal’s influence extends beyond venture capital. She has been instrumental in supporting female entrepreneurs through Lotus Capital, hosting monthly breakfasts and offering mentorship to women in business. Her investment style emphasizes holistic growth, focusing on team dynamics, market potential, and impact, rather than just financial returns.

In her new role at 500 Global, Amal aims to leverage her expertise to foster innovation and drive sustainable growth in Egypt. Her appointment aligns with 500 Global’s broader strategy to support the region’s startup ecosystem, which includes a significant investment from the Egyptian government.

Partner, 500 Global

TOP 20

Badria Hamad Al-Humaidhi: Leading Sharia-Compliant Venture Capital in Kuwait

Founder & Managing Partner, Ibtikar Fund

As venture capital gains momentum in the Middle East, strategic leaders like Badria Hamad Al-Humaidhi are crucial to shaping the future of this evolving ecosystem. Al-Humaidhi, the CEO of Boubyan Capital, the investment arm of Boubyan Bank, is driving growth in Kuwait’s venture capital scene through a Sharia-compliant approach.

Boubyan Capital, launched in 2007, operates as the Corporate Venture Capital (CVC) subsidiary of Boubyan Bank. Under Al-Humaidhi’s leadership, the firm offers asset management, alternative investments, brokerage, and robo-advisory services, all aligned with

Islamic finance principles. This approach not only taps into the growing market for ethical investments but also positions Boubyan Capital at the forefront of Kuwait’s venture capital landscape.

Al-Humaidhi’s tenure, starting in November 2022, builds on more than a decade of experience at Boubyan Capital, where she previously held roles such as Executive Director of Asset Management and Brokerage. Her leadership has been instrumental in expanding Boubyan Capital’s investment portfolio, focusing on long-term value creation while supporting innovation in emerging sectors like technology and financial services.

Beyond her role at Boubyan, Al-Hu-

maidhi’s previous positions at NBK Capital and Global Investment House have given her a deep understanding of investment strategies and financial analysis. Her commitment to aligning Sharia-compliant principles with modern financial opportunities demonstrates her ability to bridge tradition and innovation in venture capital.

Her educational background, including an Executive Master’s from London Business School and leadership training at Harvard Business School, equips her with the global perspective needed to guide Kuwait’s financial sector toward sustainable, ethical growth. Al-Humaidhi’s strategic leadership continues to position Boubyan Capital as a driving force in the region’s venture capital ecosystem, fostering innovation while maintaining a strong focus on ethical investing.

Al-Humaidhi has also been a key advocate for expanding the role of women in finance and venture capital. Through her efforts, Boubyan Capital promotes gender diversity, reflecting the broader movement for inclusion within the region’s financial industry. This commitment ensures that Kuwait remains competitive on the global stage while driving forward progressive change at home.

Under Al-Humaidhi’s leadership, Boubyan Capital is not only focused on financial returns but also on fostering an ecosystem that encourages ethical entrepreneurship and sustainable growth. Her emphasis on Sharia-compliant investments aligns with global trends towards responsible and impact investing, making Boubyan Capital a pioneer in merging traditional Islamic principles with modern venture capital strategies. Al-Humaidhi’s vision for the future includes expanding Kuwait’s influence as a regional hub for innovation, while continuously supporting startups that address key societal challenges. By balancing ethical considerations with financial performance, she is helping to shape a new era for venture capital in Kuwait and the wider MENA region.

TOP 20

Amal Dokhan: Pioneering the Future of Venture Capital in the MENA Region

Amal Dokhan’s ascent in the venture capital world is a powerful symbol of the evolving dynamics in the Middle East and North Africa (MENA) startup ecosystem. As one of the first female Managing Partners of a global VC firm in the region, Amal’s journey highlights trends of empowerment, innovation, and inclusivity.

Raised in Saudi Arabia, Amal faced significant barriers for women in business but was determined to overcome them. She pursued a master’s degree in Strategic Marketing from the University of Wollongong in Dubai, where her exposure to startups and entrepreneurship ignited her passion for the field. Her early career involved working with startups and consulting for notable organizations like Dubai government departments and Kempinski Hotels, honing her strategic thinking and business development skills.

In 2014, Amal joined King Abdullah University of Science and Technology (KAUST) in Saudi Arabia, where she played a crucial role in shaping the institution’s approach to entrepreneur-

ship. She co-designed the TAQADAM startup accelerator program, which quickly became one of the region’s top accelerators, supporting numerous Saudi startups with resources, mentorship, and funding. Amal also contributed to the KAUST Seed Fund, bridging the gap between academic research and commercial viability.

Her transition to venture capital came in 2018 when she joined 500 Global, one of the world’s most active venture capital firms. Initially serving as a Partner, Amal led the Sanabil 500 MENA Seed Accelerator program, which focused on investing in early-stage companies across the MENA region. Under her leadership, the program invested in over 100 startups, with many being female-founded. This reflected her commitment to inclusivity and supporting women entrepreneurs.

In 2022, Amal was promoted to General Partner at 500 Global, a significant milestone that highlighted the growing role of women in venture capital. Her promotion was celebrated as a major step forward for the industry in the region. In 2024, Amal achieved another landmark by becoming Managing Partner, making

her one of the first female Managing Partners at a global VC firm in MENA.

As Managing Partner, Amal oversees investment strategies across the region, manages a growing portfolio, and works closely with limited partners. Her leadership has been praised for its hands-on approach and understanding of regional startup challenges. Bedy Yang, Managing Partner at 500 Global, commended Amal, stating, “Amal has emerged as a trailblazer... Her dedication to nurturing talent and driving innovation is truly inspiring.”

Amal’s impact on the MENA startup ecosystem is profound. Her focus on empowering female entrepreneurs and creating a supportive environment for startups aligns with Saudi Arabia’s Vision 2030. Her efforts have contributed to economic diversification, job creation, and positioning MENA as a hub for innovation.

Looking ahead, Amal is optimistic about the region’s technological future, particularly in fintech, healthtech, and edtech. She is committed to fostering mentorship and collaboration, believing that strong networks will help startups overcome challenges and achieve growth. “The MENA region is buzzing with technological innovation and investment opportunities,” she said.

Her journey from a young woman with a passion for entrepreneurship to one of the most influential figures in the MENA venture capital scene is a story of perseverance, vision, and impact. Her work has not only helped to shape the future of the region’s startup ecosystem but has also set a powerful example for other women and entrepreneurs to follow.

As she continues to lead 500 Global’s efforts in the MENA region, there is no doubt that Amal will remain at the forefront of the region’s entrepreneurial renaissance, driving innovation, supporting startups, and helping to build a more inclusive and prosperous future for all.

1. Given your experience as the Managing Partner at Global Ventures, what are some of the biggest challenges entrepreneurs face when seeking funding, particularly in the MENA region?

Entrepreneurs worldwide face numerous challenges, and our region too has its unique set of hurdles – here are some that are specific to MENA:

• Access to Capital: While the startup ecosystem in MENA has grown rapidly, the availability of early-stage and growth capital can still be limited compared to more mature markets. This scarcity requires entrepreneurs to demonstrate the potential for their rapid growth but also a clear path to profitability and sustainable scalability.

• Mid-to-Late-Stage Funding: Despite a growing pool of angel investors, venture capital firms, and government-backed initiatives supporting startups, there is still a gap in mid-to-late-stage funding options. This can hinder the ability of promising startups to access the capital needed to scale operations regionally or internationally. Less than 0.13% of regional GDP is allocated to venture capital in MEA, compared to 0.8% globally.

• Complex Regulatory Environments:

Diverse legal frameworks and bureaucratic processes often require founders to invest considerable time and resources in compliance, diverting focus away from core business activities. Currency fluctuations and geopolitical factors add more volatility, influencing investor sentiment and funding availability.

At Global Ventures, we recognize these challenges and actively work to address them via our ‘PARTNER’ framework. This provides founders with strategic support across key verticals, including Processes, Ambitions, Reputation, Talent & Recruitment, Network, Expansion, and Raising. By leveraging our deep understanding of MENA’s entrepreneurial landscape and our extensive network of investors and industry experts, we help bridge funding gaps and empower entrepreneurs to realize their growth ambitions.

While challenges remain, the MENA’s entrepreneurial ecosystem is becoming more supportive, fostering innovation and positioning the region as a potential global hub for innovation in the years to come.

2. You’re recognized as a role model for many women entrepreneurs in tech. What advice would you offer to aspiring MENA entrepreneurs discouraged by current representation?

Similar to other regions around the world, tech and VC in our region is predominantly male-dominated – women VCs receive just 2% of global VC allocations. This disparity is further highlighted by the limited number of women holding board seats, and the insufficient presence of women in executive teams within startups.

To overcome these challenges, unwavering focus and commitment are essential. For female founders, it is crucial to stay true to the core mission of the fund, startup, or business. By concentrating on their vision and goals, and delivering tangible results, they can build credibility and attract the right supporters and investors.

Persistence is key, even when faced with discouraging statistics or biases. Ignoring the noise—negative comments, discouraging data, and societal biases—allows women entrepreneurs to maintain their drive and focus. By doing so, they can pave the way for more women in the industry, gradually changing the landscape and creating a more inclusive and equitable environment for future generations of female leaders.

3. You’ve been involved in various aspects of entrepreneurship, from founding ZenYoga to leading Depa’s IPO. How do these diverse experiences inform your approach to investing and mentoring startups?

Different experiences bring unique perspectives. I have been fortunate to build a company from the ground up and also lead an IPO process and manage a public company. Both experiences, while very distinct, taught me the importance of a well-defined path as a company evolves over time. Similarly, it is just as important to adapt to changes in your competitive landscape, customer demand, technological innovation and remain versatile. A clear vision and the ability to adapt to your environment are fundamental to success.

At ZenYoga, I learned firsthand the challenges of scaling a business from its early stages. Having spent countless nights wondering how we were going to pay all our instructors, manage our cash flows and make payroll, this first-hand experience not only inspired me

to support other founders but also allowed me to deeply understand the intricacies of building a company from the ground up, navigating regulatory landscapes, and scaling operations sustainably – it also allowed me to empathize with other founders on this journey in a real way. This knowledge inspires me and the wider Global Ventures team to be very founder-centric in our approach, aiming to offer practical guidance tailored to their specific needs.

Leading Depa’s IPO taught me invaluable lessons about strategic planning, investor relations, and creating shareholder value. I use these insights to rigorously evaluate investment opportunities. Another key element we emphasize is the importance of establishing governance structures from the early stages – this enables growth in an incredible manner and should not be left until ‘later’- strong governance is a foundational element of hypergrowth. Proper governance also helps protect the company from risks such as financial mismanagement, regulatory non-compliance, and strategic misalignment.

By embedding strong governance and strategic planning into the fabric of their companies, we help founders navigate the complexities of growth and ensure long-term success. This proactive approach not only mitigates risks but also empowers startups to thrive in a competitive landscape.

4. Global Ventures focuses on tech investments in the MENA region. Why is this a particular focus area for you, and how do you think technology can drive growth and innovation in the region?

Why tech? Technology has immense potential to drive growth and innovation across the region. Our young, digitally savvy population is eager to embrace new and innovative solutions for challenges in sectors like finance, mobility, solar, and health. Where we lack traditional infrastructure in these areas, technology allows us to leapfrog traditional constraints with scalable, adaptable solutions that address huge regional needs.

Why MENA? The entrepreneurial trajectory of our region has been enormous – our ecosystem has evolved over a relatively short span to a position today of global relevance. We see incredible founders who are under-capitalized, but are building solutions to solve critical regional needs (and global innovation), and we want to support them. The region is set for explosive growth, and we are committed to supporting mission-driven

founders who are positively affecting millions of lives.

5. As the founder of ZenYoga, you’ve emphasized strategic investments and mentorship. Can you elaborate on the importance of these elements in fostering a supportive ecosystem for startups in the Middle East?

Beyond financial support - strategic investments bring the expertise, networks, and guidance crucial for navigating regional challenges like regulatory complexities and funding access.

Mentorship complements this by offering hands-on advice and fostering continuous learning, helping startups refine strategies and accelerate growth. At Global Ventures, we integrate both into our approach, em-

powering regional startups to innovate, scale effectively, and drive regional economic progress.

6. You’ve served on numerous boards of tech companies and educational institutions. Can you share some specific examples of how diverse leadership has benefited these organizations?

Diverse leadership brings together a rich mix of different backgrounds, perspectives and experiences. When a board has individuals of different ages, genders, cultures, socio-economic backgrounds in the room, they are able to have more meaningful conversations and make better-informed decisions reflecting a broader range of stakeholder interests, and higher levels of success! Each journey will bring a perspective into conversations that build companies in a better way and serve

customers in a more comprehensive way.

In tech companies, diverse leadership enhances creativity and problem-solving, helping product and service development to best serve diverse customer bases. Similarly, in educational institutions, diverse boards promote equity in decision-making and create environments where all students feel represented and supported.

From my experience on various boards, I’ve witnessed firsthand how diversity drives resilience, sparks innovation, and supports sustainable growth, ultimately driving organizational excellence and societal impact.

7. Based on your experience with successful exits like ZenYoga, what advice would you give to entrepreneurs in the region who are looking to scale and potentially exit their businesses?

The first thing founders need to remember is that the over 70% of successful venture-backed exits are industry M&A. The other important piece of information is that the average size of a venture-backed exit is $170 million enterprise value. That means that if a founder builds a company and exits for $100 million, that would be an amazing success! Often, founders believe that if their exit is not a unicorn, it has failed – that is simply not true. The numbers speak for themselves.

Scaling a business and achieving a successful exit requires careful planning, strategic execution, and unwavering commitment to your vision. At ZenYoga, I learned that building a scalable business model and maintaining agility are essential to navigating dynamic market conditions.

For entrepreneurs in the MENA region, focusing on fostering a robust corporate governance framework, cultivating strong investor relations, and innovating constantly are key to staying ahead. Understanding market dynamics, anticipating industry trends, and positioning your company strategically are also critical to attract potential acquirers or investors.

By prioritizing sustainability and scalability from the outset, entrepreneurs can maximize their chances of achieving successful exits while creating lasting value for stakeholders and the broader ecosystem.

8. You’ve been recognized for your work in promoting women’s participation in entrepreneurship and technology. Can you

elaborate on the specific initiatives or strategies you’ve implemented to support this cause?

We are super passionate about promoting female participation in entrepreneurship and technology - that’s why we have launched initiatives like ‘Female Founder Office Hours’ in collaboration with London’s Playfair Capital across MENA. These sessions provide aspiring female founders with the opportunity to connect with seasoned investors, gain mentorship and build meaningful relationships.

Our investment strategy prioritizes diverse founding teams, ensuring that women-led startups receive equitable consideration. As a result, our portfolio includes 26% of startups with a female founder, compared to the global average range of 15-20%. By advocating for gender diversity in entrepreneurship, supporting initiatives that empower women, and actively sourcing women-led investment opportunities, we aim to catalyze lasting change in MENA’s startup ecosystem.

9. As an investor with a global perspective, having studied and worked in the US before returning to Dubai, how do you see the MENA startup ecosystem evolving compared to other regions?

Having studied and worked in both the US but with Dubai being home since 1995, I’ve seen a distinct evolution in the MENA startup ecosystem. The region is evolving faster than ever, driven by a combination of factors that set it apart on the global stage.

MENA’s unique opportunity to leapfrog legacy infrastructure allows it to pioneer innovative solutions in sectors like fintech, e-commerce, and renewable energy. This region’s youthful demographic, coupled with increasing digital penetration, creates fertile ground for disruptive technologies and business models. This younger and eager population is keen to embrace and drive technological advancements, propelling the region forward at an unprecedented rate.

Unlike more established markets, MENA’s startups often face less entrenched competitors, allowing them to innovate more freely and adapt global best practices to local contexts. The region’s open borders and policies promoting entrepreneurship have attracted a global talent pool, with people coming here to build their innovations. In 2023 alone, the UAE saw a 25% increase in new business licenses issued to foreign entrepreneurs, reflecting the growing opportunities and attractiveness of the region.

The region is moving from emulation to innovation, as evidenced by the increase in patents filed by MENA startups, which have doubled in the last decade. This shift is not just transforming local markets but also positioning MENA as a key player on the world stage. Some cities in the region are now considered major global innovation hubs where East meets West! As an investor with a global perspective, I’m excited about MENA startups’ potential to solve local and global challenges and emerge as leaders in global innovation. I can’t wait to see what our fantastic founders come up with next!

Championing Natural Beauty and Sustainability Through Breathe Organics

Namita Khanna

Namita Khanna, a visionary entrepreneur, has built a thriving skincare brand that stands at the intersection of beauty, sustainability, and social impact. As the founder of Breathe Organics, Namita’s journey is one of passion, purpose, and a deep commitment to redefining the standards of beauty. Her story is not just about creating a successful brand, but about inspiring a movement towards natural, sustainable living.

Childhood Inspirations: The Roots of a Passion for Natural Beauty

Namita’s journey began in her childhood, where she was captivated by the healing power of nature. Growing up in a household where traditional skincare remedies were a part of daily life, Namita developed a deep respect for natural beauty. Her mother and grandmother would share knowledge about the benefits of various herbs and plants, instilling in her a belief that nature holds the key to true beauty.

These early experiences shaped Namita’s philosophy on skincare, fostering a preference for organic, plant-based solutions over synthetic, chemical-laden alternatives. While she didn’t initially see herself as an entrepreneur, her desire to make a difference in the world and serve others was always present. It wasn’t until later in life that Namita realized she could blend her passion for natural beauty with entrepreneurship, creating a brand that aligns with her values and aspirations.

Vision and Philosophy: Redefining Beauty Through Breathe Organics

The inspiration for Breathe Organics came from Namita’s desire to offer people a more authentic choice in skincare—one that respects both the body and the environment. She envisioned a brand that would reconnect people with nature through their daily beauty routines, allowing them to experience the benefits of pure, organic ingredients. Namita’s vision was to redefine beauty by creating products that are free from harmful chemicals, focusing instead on the goodness of nature.

At the core of Breathe Organics is a commitment to sustainability. Namita believes that true beauty should never come at the cost of the environment. This belief influences every aspect of her brand, from sourcing ingredients from ethical, sustainable farms to ensuring eco-friendly packaging. Every product Breathe Organics creates is a reflection of

Namita’s dedication to preserving the planet while promoting natural beauty.

The Entrepreneurial Journey: Overcoming Challenges

and Staying True to Values

Starting Breathe Organics was not without its challenges. Educating consumers about the benefits of organic products in a market dominated by synthetic options was a significant hurdle. Ensuring that the sourcing and production methods were truly sustainable also required careful planning and execution. However, Namita’s passion for her mission and her perseverance helped her turn these challenges into opportunities for growth.

Empowering Communities: Sustainable Employment and Social Impact

One of the most significant aspects of Namita’s work is her commitment to social impact. Empowering women, particularly in rural communities, is a core value at Breathe Organics. By creating sustainable employment opportunities for women who might otherwise have limited prospects and by involving them in the production processes , She ensures that Breathe Organics’ products are handcrafted with care, while also uplifting the social and economic status of these women.

This initiative has had a ripple effect, contributing to the well-being of not just the women involved, but also their families and communities. For Namita, business success and social impact are deeply intertwined. Every decision she makes is guided by a desire to empower others and create a better world.

Namita’s belief in the dual purpose of her products—to enhance beauty while promoting sustainability—guided her through the early days of her business. By focusing on natural ingredients that are gentle on the skin and the environment, and by implementing sustainable practices throughout the production process, Breathe Organics quickly gained a loyal following. Namita’s approach has always been about more than just profits; it’s about making a positive impact on the world.

Balancing

Business and Social Responsibility: A Woman Entrepreneur’s Perspective

As a woman entrepreneur, Namita has successfully balanced her business goals with her commitment to social and economic development. She believes that profitability and purpose can go hand in hand. By creating a brand that values ethical practices and

community development, Namita has built a business that is not only successful but also impactful.

Her message to women around the world is to embrace their passions and pursue them with determination. Namita encourages women to challenge the status quo, create their own paths, and believe in their vision. She emphasizes that obstacles are inevitable, but with passion and perseverance, they can be overcome.

Future Aspirations: Leading the Change in the Beauty Industry

Looking ahead, Namita has ambitious goals for Breathe Organics. She envisions the brand becoming a leading name in the global organic skincare market while staying true to its core values of sustainability and social responsibility. Namita plans to expand Breathe Organics’ product range, reach new markets, and continue innovating in ways that align with her commitment to the environment and community empowerment.

If she could make one major change in the beauty industry, it would be to shift the focus from synthetic, mass-produced products to natural, handcrafted alternatives. Namita believes that the industry needs to embrace transparency and prioritize the well-being of consumers and the planet over profits. By making this shift, she hopes to redefine beauty standards and create a more sustainable future for everyone.

A Legacy of Empowerment, Sustainability, and Natural Beauty

For Namita Khanna, success is not just about the growth of her business, but about the positive impact it has on people’s lives and the planet. Personally, she defines success as staying true to her values and making a difference in the world. The legacy she hopes to leave behind is one of empowerment, sustainability, and a renewed respect for the natural world.

Namita wants Breathe Organics to be remembered as a brand that cares deeply about its customers, its community, and the environment. Through her work, she aims to inspire others to choose a more sustainable, conscious lifestyle, proving that beauty can be both natural and impactful.

Namita Khanna’s journey with Breathe Organics is a powerful reminder that with passion, purpose, and a commitment to making a difference, anything is possible.

Sharon Missah, Host

Noor Sweid, Guest

Founder, Let’s Talk DXB

Founder and Managing Partner, Global Ventures

Judge - Shark Tank Dubai

The Womenpreneur ME Podcast

Podcast Episode 01

Visionary Voice

“Keeping your heart and eyes open"

The Future of Fundraising: Adapting to New Market Realities

As the venture capital (VC) landscape continues to evolve, so too does the process of fundraising. The traditional methods of raising capital are being reshaped by new market realities, including shifting investor expectations, technological advancements, and a growing emphasis on impact. It is essential to understand the key changes in the fundraising landscape for VC firms, the evolving role of limited partners (LPs), and strategies for adapting effectively to these changes.

Changing Dynamics in the Fundraising Landscape

1. Shift Towards Impact and ESG Investing

In recent years, there has been a significant shift towards impact investing and the integration of environmental, social, and governance (ESG) criteria into investment decisions. LPs are increasingly demanding that VC firms not only deliver financial returns but also contribute positively to society and the environment. This trend is driving VC firms to adopt ESG frameworks and demonstrate their commitment to sustainable and ethical investing.

Implication for VC Firms: VC firms need to develop and articulate their ESG strategies clearly. This involves incorporating ESG metrics into their investment processes, setting sustainability goals, and reporting on progress. Firms that effectively integrate ESG considerations can differentiate themselves and attract LPs who are focused on impact.

2. Technological Innovation in Fundraising

Technological advancements are revolutionizing the fundraising process. Platforms that facilitate online fundraising, investor matchmaking, and data analytics are becoming increasingly prevalent. These tools enable

VC firms to reach a broader pool of potential investors and streamline the fundraising process.

Implication for VC Firms: Embracing technology can enhance fundraising efficiency and effectiveness. VC firms should leverage digital platforms for investor outreach, utilize data analytics to identify potential investors, and employ automated tools for managing investor relations. Staying abreast of technological trends can provide a competitive edge in the fundraising arena.

3. Increased Competition and Market Saturation

The VC landscape is becoming more competitive as new players enter the market and

existing firms expand their operations. This increased competition is driving VC firms to refine their fundraising strategies and differentiate themselves to stand out in a crowded field.

Implication for VC Firms: To succeed in a competitive environment, VC firms need to develop unique value propositions and demonstrate their track record of success. Building strong relationships with potential investors, showcasing successful investments, and offering innovative solutions can help attract and retain LPs.

4. Changing Investor Preferences and Expectations

Investor preferences are shifting towards more personalized and flexible investment opportunities. LPs are seeking greater transparency, tailored investment solutions, and more direct involvement in the investment process. This shift is influencing how VC firms approach fundraising

Automate savings, seek high-interest options, watch your wealth grow

and manage investor relationships.

Implication for VC Firms: VC firms need to adapt to changing investor expectations by offering customized investment options and maintaining transparency throughout the fundraising process. Engaging with LPs to understand their preferences and providing regular updates on investment performance can enhance investor satisfaction and loyalty.

Evolving Role of Limited Partners (LPs)

1. Active Involvement and Advisory Roles

LPs are increasingly seeking active involvement in the investment process. Beyond providing capital, LPs are interested in contributing strategic advice, leveraging their networks, and participating in decision-making. This active role reflects a desire for a more hands-on approach

to managing investments.

Implication for VC Firms: VC firms should recognize the value of LPs as strategic partners. Engaging LPs in advisory roles, seeking their input on key decisions, and leveraging their networks can enhance the overall value of the partnership. Building strong, collaborative relationships with LPs can lead to more successful outcomes.

2. Demand for Enhanced Transparency and Reporting

LPs are placing greater emphasis on transparency and comprehensive reporting. They expect detailed insights into investment performance, risk management, and the overall impact of their capital. This demand for transparency is driving VC firms to improve their reporting practices and provide more detailed updates.

Implication for VC Firms: To meet LP expectations, VC firms need to invest in robust reporting systems and ensure that they provide timely and accurate information. Regular performance reports, clear communication on investment strategies, and transparency in decision-making processes are essential for maintaining LP trust and satisfaction.

3. Focus on Diversity and Inclusion

Diversity and inclusion have become critical factors for LPs when evaluating investment opportunities. LPs are increasingly prioritizing firms that demonstrate a commitment to diversity in their investment strategies, team composition, and portfolio companies. This focus reflects a broader societal push towards inclusivity and equity.

Implication for VC Firms: VC firms should proactively address diversity and inclusion within their organizations and portfolios. Implementing diversity initiatives, setting clear diversity goals, and showcasing efforts to promote inclusivity can align with LP expectations and enhance the firm’s reputation.

4. Evolution of LP Expectations for Returns

LPs are evolving their expectations for returns, with a growing emphasis on long-term value and sustainable growth. While financial returns remain a primary focus, LPs are increasingly interested in how investments contribute to long-term value creation and resilience.

Implication for VC Firms: VC firms need to align their investment strategies with LP expectations for long-term value. Emphasizing sustainable growth, building resilient portfolio companies, and demonstrating a commitment to long-term success can help attract and retain LPs who are focused on enduring value.

Strategies for Adapting to New Fundraising Realities

1. Develop a Clear ESG Strategy

To address the growing emphasis on ESG, VC firms should develop and communicate a clear ESG strategy. This includes defining ESG goals, integrating ESG criteria

into investment decisions, and reporting on progress. A well-articulated ESG strategy can attract LPs who prioritize impact investing and differentiate the firm in the fundraising landscape.

2. Embrace Technological Solutions

Adopting technological tools can streamline the fundraising process and enhance efficiency. VC firms should explore digital platforms for investor outreach, leverage data analytics for targeting potential investors, and utilize automation for managing investor relations. Embracing technology can improve fundraising outcomes and provide a competitive advantage.

3. Enhance Transparency and Reporting

Improving transparency and reporting practices is essential for meeting LP expectations. VC firms should invest in robust reporting systems, provide regular updates on investment performance, and maintain clear communication with LPs. Transparency fosters trust and helps build strong, long-term relationships with investors.

4. Engage LPs as Strategic

Partners

Recognizing LPs as valuable strategic partners can en-

hance the fundraising process. VC firms should actively involve LPs in advisory roles, seek their input on key decisions, and leverage their networks for additional support. Building collaborative relationships with LPs can lead to more successful investments and stronger partnerships.

5. Focus on Diversity and Inclusion

Addressing diversity and inclusion is critical for aligning with LP expectations. VC firms should implement diversity initiatives, set clear diversity goals, and showcase efforts to promote inclusivity. A commitment to diversity can enhance the firm’s reputation and appeal to LPs who prioritize equity and inclusivity.

6. Align with Long-Term Value Creation

To meet evolving LP expectations for returns, VC firms should focus on long-term value creation and sustainable growth. Emphasizing resilience, building portfolio companies with strong long-term potential, and demonstrating a commitment to enduring success can attract and retain LPs who are focused on long-term value.

Conclusion

The fundraising landscape for VC firms is undergoing a profound transformation, driven by new market realities and evolving investor expectations. By adapting to these changes, VC firms can position themselves for success in a competitive environment. Developing clear ESG strategies, embracing technological advancements, enhancing transparency, engaging LPs as strategic partners, and focusing on diversity and long-term value are key strategies for navigating the future of fundraising.

Stress Management for Success: Building Resilience in the High-Pressure World of Venture Capital

Venture capital (VC) professionals operate in a high-stakes, fastpaced environment that can often lead to significant stress and burnout. The demands of evaluating startups, managing investor relations, and making critical decisions under tight deadlines can take a toll on mental and emotional well-being. Effective stress management is crucial not only for personal health but also for sustaining long-term professional success.

Stress management techniques specifically tailored for VCs, such as mindfulness meditation, exercise, and time management strategies, are crucial for maintaining resilience and well-being in a high-pressure environment.

Understanding Stress in the VC World

The venture capital industry is characterized by its rapid pace and high stakes. VCs frequently encounter high-pressure situations, such as evaluating pitches from numerous startups, making swift investment decisions, and managing the expectations of both investors and entrepreneurs. This constant pressure can lead to chronic stress, which may adversely impact mental and physical health if not managed effectively.

Chronic stress is associated with a range of health issues, including cardiovascular problems, digestive issues, weakened immune function, and mental health challenges such as anxiety and depression. Recognizing the signs of stress and implementing effective stress management strategies is essential for VCs to perform at their best and maintain their overall well-being.

Techniques for Managing Stress

1. Mindfulness Meditation

Mindfulness meditation involves focusing on the present moment and cultivating an attitude of non-judgmental awareness. This practice can help VCs manage stress by promoting relaxation and reducing anxiety. Reg-

ular mindfulness meditation has been shown to enhance emotional regulation, improve concentration, and increase resilience.

• How to Practice: Set aside a few minutes each day for mindfulness meditation. Find a quiet space, sit comfortably, and focus on your breath. As thoughts arise, gently bring your attention back to your breath. Apps and guided meditations can also be useful tools for beginners.

• Benefits: Research has demonstrated that mindfulness meditation can lower stress levels, improve emotional well-being, and enhance cognitive function. For VCs, this means better decision-making, increased focus, and a more balanced perspective on challenges.

2. Regular Exercise

Exercise is a powerful stress-relief tool that can significantly improve mental and physical health. Physical activity stimulates the release of endorphins, the body’s natural mood enhancers, and reduces the levels of stress hormones such as cortisol. Additionally, exercise improves sleep quality and boosts overall energy levels.

• Types of Exercise: Incorporate a variety of physical activities into your routine, such as cardiovascular exercises (running, cycling), strength training (weight lifting), and flexibility exercises (yoga). Find activities you enjoy to make exercise a sustainable part of your lifestyle.

• Tips for Busy Schedules: Even with a demanding schedule, it’s possible to stay active. Consider short, high-intensity workouts, incorporate movement into daily routines (e.g., taking stairs), and schedule regular exercise sessions to ensure consistency.

3. Time Management Strategies

Effective time management is crucial for reducing stress and maintaining a balanced workload. By prioritizing tasks, setting clear goals, and managing time efficiently, VCs can minimize the feeling of being overwhelmed and increase productivity.

• Techniques: Use tools such as to-do lists, calendars, and project management software to organize tasks and deadlines. Break larger projects into smaller, manageable tasks and prioritize them based on urgency and importance. Time-blocking, where specific time slots are allocated for particular tasks, can also improve focus and efficiency.

• Setting Boundaries: Establishing clear boundaries between work and personal life is essential for preventing burnout. Set specific work hours, take regular breaks, and ensure you allocate time for relaxation and personal activities.

4. Building a Support Network

Having a strong support network can provide emotional relief and practical assistance during stressful times. Connecting with peers, mentors, and friends who understand the challenges of the VC world can offer valuable perspectives and support.

• Networking: Engage with other VCs and industry professionals through networking events, conferences, and industry forums. Building relationships with individuals who share similar experiences can offer insights and encouragement.

• Mentorship: Seek mentorship from experienced professionals who can provide guidance and support. A mentor can help you navigate challenges, offer advice, and share strategies for managing stress and achieving success.

5. Healthy Lifestyle Choices

Maintaining a healthy lifestyle is integral to managing stress effectively. This includes making conscious choices related to diet, sleep, and overall well-being.

• Nutrition: Eat a balanced diet rich in fruits, vegetables, whole grains, and lean proteins. Avoid excessive caffeine and alcohol, as they can contribute to stress and disrupt sleep patterns. Staying hydrated is also important for overall health.

• Sleep: Prioritize getting adequate, restful sleep. Establish a consistent sleep schedule, create a relaxing bedtime routine, and ensure your sleep environment is conducive to rest. Poor sleep can exacerbate stress and impair cognitive function.

• Self-Care: Allocate time for activities that promote relaxation and well-being, such as hobbies, spending time with loved ones, and engaging in activities that bring joy and fulfillment.

6. Professional Development and Skills Training

Investing in professional development and skills training can help VCs manage stress by enhancing their competencies and confidence. Continuous learning and skill-building can improve performance and reduce the pressure of navigating complex challenges.

• Workshops and Seminars: Participate in workshops, seminars, and courses that focus on stress management, leadership, and decision-making skills. These opportunities can provide practical tools and strategies for handling high-pressure situations.

• Personal Growth: Engage in personal growth activities, such as coaching or therapy, to develop resilience and emotional intelligence. Addressing personal challenges and building coping skills can enhance overall well-being and effectiveness in the VC role.

Implementing Stress Management Strategies

To effectively integrate these stress management techniques into daily life, VCs should approach them with intentionality and commitment. Here are some tips for implementation:

• Create a Routine: Establish a daily or weekly routine that includes mindfulness practice, exercise, and time management activities. Consistency is key to reaping the benefits of these techniques.

• Set Realistic Goals: Set achievable goals for incorporating stress management strategies into your routine. Start with small, manageable changes and gradually build on them.

• Monitor Progress: Regularly assess the effectiveness of the stress management techniques you are using. Reflect on how they impact your stress levels, productivity, and overall well-being.

• Seek Support: Don’t hesitate to seek support from colleagues, mentors, or professionals if you need guidance or assistance in managing stress. Building a supportive network can enhance your ability to navigate high-pressure situations.

• Adjust as Needed: Be flexible and willing to adjust your stress management strategies as needed. Different techniques may work better at different times or in varying circumstances, so be open to experimenting and finding what works best for you.

Conclusion

By incorporating mindfulness meditation, regular exercise, time management strategies, and healthy lifestyle choices, VCs can build resilience and enhance their overall performance. Establishing a support network, investing in professional development, and implementing these techniques with intention can help VCs navigate the demands of their roles while preserving their health and achieving long-term success.

travel hacking.

A GUIDE TO LUXURY ON A BUDGET AND FREE FLIGHTS

IN THE WORLD OF TRAVEL, LUXURY OFTEN SEEMS RESERVED FOR THE ELITE, BUT SAVVY TRAVELERS KNOW THAT WITH A LITTLE INGENUITY, INDULGENCE CAN BE ACHIEVED WITHOUT THE EXORBITANT PRICE TAG. WELCOME TO THE REALM OF TRAVEL HACKING, WHERE THE KEY TO UNLOCKING FREE FLIGHTS AND LUXURY GETAWAYS LIES IN MASTERING POINTS AND MILES PROGRAMS, FINDING HIGHEND EXPERIENCES ON A BUDGET, AND EMPLOYING ADVANCED TRAVEL STRATEGIES. HERE’S YOUR ULTIMATE GUIDE TO TRANSFORMING YOUR TRAVEL DREAMS INTO REALITY.

Unlocking Free Flights with Points & Miles

Points and miles programs are the backbone of travel hacking, allowing travelers to earn rewards that can be redeemed for flights, hotel stays, and more. Here’s how to leverage these programs to make your travel dreams come true.

1. The Basics of Points and Miles

Understanding the different types of rewards is crucial:

• Airline Miles: Earned through frequent flyer programs like Delta SkyMiles, Emirates Skywards, and United MileagePlus. Miles are accumulated based on flights taken or through airline partners and can be redeemed for future travel or upgrades.

• Credit Card Points: Many travel credit cards offer points for every purchase. These points can be transferred to airline and hotel partners for greater flexibility.

• Hotel Points: Hotel chains like Marriott Bonvoy and Hilton Honors reward you with points for stays, which can be redeemed for free nights or upgrades.

2. Maximizing Your Earning Potential

To maximize rewards:

• Sign-Up Bonuses: Take advantage of lucrative sign-up bonuses offered by credit cards. Meeting the minimum spending requirements can quickly boost your points balance.

• Everyday Spending: Use reward-earning credit cards for daily expenses like groceries and dining. Some cards offer higher rewards in specific categories, so use them strategically.

• Loyalty Programs: Enroll in frequent flyer and hotel loyalty programs to earn points for each flight or stay. Combine this with credit card rewards to maximize your earnings.

• Shopping Portals: Many airlines and hotels have online shopping portals where you can earn points for purchases made at partner stores.

• Pro Tip: Accumulate points strategically by using cards that offer bonus categories relevant to your spending habits, and always check for promotions or bonus offers.

Experiencing Luxury

Travel

on a Budget Luxury travel doesn’t have to come with a hefty price tag. With the right approach, you can enjoy high-end experiences without breaking the bank.

1. Affordable Luxury Accommodations

Here’s how to enjoy luxury stays for less:

• Use Points for Free Nights: Hotel loyalty programs like Marriott Bonvoy and Hilton Honors allow you to redeem points for free stays. Utilize credit card sign-up bonuses to quickly accumulate enough points.

• Hotel Credit Cards: Many hotel-branded credit cards provide perks like complimentary elite status, room upgrades, and free breakfasts. These benefits can transform your stay into a luxurious experience without extra cost.

• Book Off-Peak: Luxury hotels often have lower rates during offpeak times. Combine this with a free night certificate or points redemption to maximize value.

2. Finding Discounted First-Class Flights

Flying first or business class can be affordable with these tips:

• Upgrade with Points: Many airlines allow you to use points to upgrade from economy to business or first class. This is often the best value for your points.

• Fare Sales: Keep an eye on fare sales through sites like Scott’s Cheap Flights or The Points Guy, which highlight discounted premium cabin fares.

• Bid for Upgrades: Some airlines offer bidding options for upgrades to first class. You can often secure a seat at a fraction of the full fare.

• Companion Passes: Certain airlines and credit cards offer companion passes, allowing you to book a second ticket for free or at a reduced rate.

Mastering the Art of Travel Hacking

Travel hacking involves advanced techniques that can make travel exceptionally affordable. Here’s how to refine your skills.

1. Credit Card Optimization

Optimize your credit card use:

• Choose the Right Cards: Select cards that offer generous sign-up bonuses, travel perks, and high rewards rates in categories you spend the most on.

• Maximize Sign-Up Bonuses: Earn points quickly by meeting the minimum spending requirements for bonus offers. This can significantly boost your rewards balance.

• Transfer Points: Cards like Chase Ultimate Rewards and Amex Membership Rewards allow you to transfer points to airline and hotel partners, often providing better value.

2. Booking Award Travel

Efficiently use your points and miles:

• Search Early: Award availability often opens 11 months in advance. Booking early can help you secure the best deals.

• Be Flexible: Flexibility with your travel dates can uncover lower points requirements and better availability.

• Use Search Engines: Tools like AwardHacker and ExpertFlyer can help you find the best redemption options for your points.

• Leverage Alliances: Many airlines are part of global alliances, allowing you to redeem points on partner airlines for greater flexibility.

3. Advanced Techniques

Elevate your travel hacking skills:

• Manufactured Spending: This involves using credit cards to purchase items like gift cards and then liquidating them to earn points. Ensure this aligns with your credit card terms to avoid complications.

• Mileage Runs: Book flights solely to earn miles or achieve elite status. Although this can be extreme, the benefits of elite status, such as upgrades and bonus miles, can be substantial.

• Hotel Hopping: For maximizing hotel points, consider booking short stays at multiple properties to earn additional points.

To further enhance your travel hacking skills, leveraging the right platforms for booking flights and accommodations is key. In addition to using points and miles, savvy travelers rely on popular booking websites to find the best deals on both flights and hotels. Here’s how to incorporate these tools into your travel strategy.

Booking Flights with Ease

In the digital age, finding affordable flights has never been easier. These platforms are essential for securing the best airfare deals:

• Google Flights: Known for its easy interface and powerful search engine, Google Flights lets you compare prices across multiple airlines. The tool offers flexible date searches, price tracking, and route alerts, making it indispensable for finding low-cost flights. It also highlights cheaper travel dates with a helpful calendar view.

• Skyscanner: This flight comparison site searches through multiple airlines and online travel agents to present a comprehensive list of flight options. Skyscanner is particularly useful for travelers who have flexible dates, allowing you to see the cheapest time to fly within a given month.

• Kayak: Another powerful comparison tool, Kayak also offers “Hacker Fares” — which combines two one-way tickets from different airlines for a lower price. It also provides price trend data and fare alerts to help you buy tickets at the right time.

• Booking with Points: Don’t forget to check airlines’ own websites when booking award flights with points. Platforms like Emirates, Qatar Airways, Saudia Airlines and American Airlines often have better award seat availability when booking directly through their portals.

Using Booking.com for Hotel Deals

For hotel stays, Booking.com is one of the most popular platforms, offering a wide range of options from budget accommodations to luxury hotels. Here’s how to use it effectively:

• Exclusive Discounts: Booking.com often offers exclusive deals that are not available on other platforms, including early booking discounts, last-minute offers, and member-only prices if you sign up for their Genius loyalty program.

• Flexible Cancellation: Many hotels on Booking.com provide flexible cancellation policies, giving you peace of mind if your travel plans change. You can filter your searches to prioritize properties with free cancellation.

• Customer Reviews: One of the strengths of Booking.com is its extensive collection of verified customer reviews. By reading through these, you can make more informed decisions about where to stay.

• Earn Rewards: While not a traditional points program, Booking. com partners with certain credit cards to offer additional rewards for bookings made on the platform, including cashback and extra points.

Other Essential Hotel and Travel Booking Websites

• Hotels.com: A favorite for those who prefer traditional hotel stays, Hotels.com offers a loyalty program where you earn a free night for every 10 nights booked. Their rewards program is a simple way to accrue savings on future stays, and their price match guarantee ensures you’re getting the best deal.

• Airbnb: For travelers seeking unique experiences or extended stays, Airbnb offers everything from budget-friendly apartments to

luxury villas. For long-term travelers, many hosts offer discounts for weekly or monthly stays.

• Expedia: Another well-known platform, Expedia offers vacation packages combining flights and hotels, often at a reduced price. This can be especially useful for international travelers looking to save on multi-destination trips.

• Agoda: Particularly popular for Asia-Pacific destinations, Agoda offers competitive pricing on hotels and even lets you book alternative accommodations like private homes or villas. They also have frequent flash deals, offering significant discounts.

Integrating These Platforms with Travel Hacking

To optimize your travel hacking efforts, you can use a combination of these platforms alongside points and miles strategies. For example:

• Track prices on Google Flights and combine a cash fare with a points upgrade to fly first class at a fraction of the cost.

• Use Booking.com or Hotels.com to find luxury hotels that participate in loyalty programs, then redeem points or use credit card rewards to book free or discounted stays.

• Combine your hotel booking with a booking.com Genius discount and credit card travel points to maximize your savings.

Conclusion

Travel hacking is not just a trend but a practical approach to experiencing luxury around the world without the hefty price tag. By mastering points and miles programs, finding high-end accommodations on a budget, and utilizing smart booking platforms, you can significantly reduce travel costs while indulging in premium experiences. From free flights and affordable first-class upgrades to discounted five-star hotel stays, the world of luxury travel is more accessible than ever. With these strategies in hand, you can turn your dream trips into reality without breaking the bank—start planning your next adventure with confidence.