Berytech Fund II

Berytech Fund II

Berytech Fund II is a 51 million US Dollar Beirut-based Venture Capital Fund. The funds were received from major banks in Lebanon under the Circular 331 issued by the Central Bank, an initiative that has played a massive role in the activation of the entrepreneurial ecosystem in Lebanon.

The Fund’s objective is to invest in small and medium-sized Lebanese enterprises with high growth potential, high human added value and that fall in the scope of the knowledge economy.

The Fund targets mainly start-ups in the acceleration phase and that have the ability to scale up seamlessly. Industries and sectors covered are Information & Communication Technology, Digital Content, Industrial & Product Design, Fashion Design and Renewable Energies.

Berytech Fund II at a glance

Number of Investments to Date 17
Investment Type Lead
Fund Size 0
Number of Exits $51m
Target Sector Information & Communication Technology, Digital Content, Industrial & Product Design, Fashion Design and Renewable Energies
Target Geographical Location Lebanon
Benefits Provided for the Startups Connections to foreign markets, mentoring, HR assistance