- What
- Equity from a $50M Fund I, pre-Series A and Series A.
- Cost
- Equity — direct stake taken
- Backed by
- Jada Fund of Funds
- Status
- Active
Checked · September 2026 · iliad-partners.com · How we check ↗
In detail
Iliad Partners is a venture capital in the UAE. Venture capital fund manager headquartered in ADGM, Abu Dhabi (Al Khatem Tower, Hub71 — regulated by the ADGM FSRA) and a strategic partner of Hub71. Iliad Partners Tech Ventures Fund I ($50M) held its first close on 10 December 2024 with Jada Fund of Funds, the Olayan family and Gulf and European family offices, and a second close on 30 September 2025 with Eurobank, National Bank of Greece and Piraeus Bank. Invests at Pre-Series A and Series A, primarily in Saudi Arabia and the UAE, selectively in Greek startups expanding into MENA.
- Amount
- Fund I $50M · Pre-Series A and Series A
- Terms
- Yes — equity
- Focus
- FinTech, PropTech, logistics — Saudi Arabia and UAE
- Portfolio
- OTO
- Penny
- Qashio
- Comfi
- earlier: TruKKer, OSeven
- Status
- Active — no open application; the contact page lists the ADGM address only
Closing soon on the map
Cultural Development Fund (CDF)
Finspire
QSTP Incubation
More VC funds & investors in the UAE
BECO Capital
MEVP
Oraseya Capital
Plus VC
Sources
Primary source · iliad-partners.com · LinkedIn · linkedin.com/company/iliad-partners · Checked September 2026