logo-en
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • SME Loans
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. ISSF invests $5mn in Saqr Fund II to support Jordanian startups

ISSF invests $5mn in Saqr Fund II to support Jordanian startups

GHADA.ISMAIL
Nov 26, 2024
Saqr Fund II aims to support early-stage startups through pre-seed, seed, series A, and pre-series B stages

Amman – Sharikat Mubasher: Innovative Startups & SMEs Fund (ISSF), announced a $5 Million investment in Vision Ventures' Saqr Fund II.

 Saqr Fund II aims to support early-stage startups through pre-seed, seed, series A, and pre-series B stages, according to a press release.

This investment goes in line with ISSF's goals to support Jordanian startups and the eco-system.

Mohammed Al-Muhtaseb, CEO of ISSF said: "We are proud to welcome Vision Ventures to our portfolio of funds. Vision Ventures has demonstrated a strong commitment to the Jordanian ecosystem by investing in Jordanian companies, and our investment in Vision Ventures aligns with our vision of catalyzing the growth of our ecosystem of innovative startups in Jordan and providing them with accelerated access to the Saudi and GCC markets.

Kais Al Essa, Founding Partner and CEO of Vision Ventures commented: “We are proud of our partnership with ISSF. We have always viewed the region as an interconnected network of ecosystems, where each country has its own set of opportunities. Jordan certainly adds a lot of value to the entrepreneurial ecosystem in the MENA region through its talent and innovation. Vision Ventures has been the most active VC in the MENA region since 2019 with investments in the region including Jordan. We’ve been able to create bridges between different markets including between Jordan and GCC where several partnerships and M&As resulted which benefitted the whole eco-system. Through our partnership with ISSF, we intend to continue this role and explore additional synergies.”

Tags

SMEs
ISSF
Saqr II Fund
Share

Attract clients with your ad

Start Now

Trending

QIA co-leads $250mn funding round for Kardium Inc
MUBASHER
PIF’s SURJ Sports Investments in talks to invest in T100 Triathlon
MUBASHER.SA
KAPSARC unveils new corporate identity
MUBASHER.SA
Cityscape Global returns to Riyadh in November 2025
MUBASHER.SA
Johnson Controls Arabia earns all four ISO Customer Satisfaction Certifications
MUBASHER.SA

Related News

Funding News
Calendar Icon
Jul 2, 2025
QIA co-leads $250mn funding round for Kardium Inc
Read More
Funding News
Calendar Icon
Jul 1, 2025
Riyadh-based Flawless raises $1.5mn pre-seed round
Read More
Funding News
Calendar Icon
Jul 1, 2025
PetroApp secures $50mn to fuel expansions, prepare for potential IPO
Read More
Funding News
Calendar Icon
Jun 30, 2025
Saudi MSMEs receive SAR 383 bn credit facilities in Q1-25
Read More
Funding News
Calendar Icon
Jun 29, 2025
Saudi Impact 46 backs $5mn round for Spekter Games
Read More
Funding News
Calendar Icon
Jun 29, 2025
idea-L secures $1mn to launch AI-powered cofounder platform in Middle East
Read More
Funding News
Calendar Icon
Jun 25, 2025
MEVP joins $55M series A for AppliedAI
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • Opportunities
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher