Phoenician Funds

Phoenician Funds

Phoenician Funds is a Beirut-based venture capital firm focusing on early-stage investments.

PF partners with passionate entrepreneurs in the technology space and brings a team of seasoned advisors, investment professionals, and serial entrepreneurs to co-shape success stories along their side.

The team launched Phoenician Fund I (PFI) in 2016 with a mandate to invest in Lebanese-based startups to stimulate the knowledge economy and create employment opportunities, in line with Banque Du Liban’s circular 331.

Phoenician Funds at a glance

Number of Investments to Date 5
Investment Type Lead
Number of Exits 0
Average Ticket Size $500k
Target Sector Fintech, eGovernment, Healthcare
Target Geographical Location MENA
Benefits Provided for the Startups Connections to foreign markets