- What
- Equity from a $50M Fund I, pre-Series A and Series A.
- Who
- Post-revenue B2B tech startups with product-market fit, mainly in Saudi Arabia and the UAE.
- Backed by
- Jada Fund of Funds
- Latest
- Last fund news Sep 2025 — Second closing of $50M MENA VC fundNewest dated item on its own site · checked Oct 2026
Checked · November 2026 · iliad-partners.com · How we check ↗
In detail
Iliad Partners is a venture capital firm 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
What the source says
“Iliad Partners is a Venture Capital fund manager based in the UAE that invests in early-stage technology companies in the MENA region.”
“Headquartered in ADGM, Abu Dhabi, and a strategic partner of Hub71, Iliad Partners leverages its long presence in the UAE and deep network in Saudi Arabia, and European reach to support startups to scale regionally while serving as a gateway between MENA and global markets.”
“Al Khatem Tower, 15th Floor Hub71, ADGM Square, Al Maryah Island, Abu Dhabi United Arab Emirates”
“Iliad Partners Management Limited is regulated by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) in Abu Dhabi, UAE.”
“Based in Abu Dhabi in ADGM, a leading international financial center, Iliad Partners is a strategic partner of Hub71 with a long presence in the UAE.”
“Abu Dhabi, UAE, 10th December 2024 — UAE-based venture capital firm Iliad Partners has announced the launch and first close of its $50m Iliad Partners Tech Ventures Fund I.”
Closing soon on the map
No published deadline in the next 30 days · All published deadlines →
Compare VC funds & investors in the UAE
| Cost | |||
|---|---|---|---|
| Iliad PartnersEquity from a $50M Fund I, pre-Series A and Series A. | not published | Equity | Active |
| 212VC backing B2B tech startups as they expand globally; presence in Dubai and Doha. | not published | Equity | Active |
| Ajeej Capital — Cabrit Venture Fund IAjeej Capital's early-stage fund for Bitcoin and blockchain startups (launched 2025). | not published | Equity | Active |
| BECO Capital$820M+ AUM across five funds, investing Pre-Seed to pre-IPO; cheque size not disclosed. | not published | Equity | Active |
| Bunat VenturesEquity investment. | not published | Equity | Active |
| Constructor CapitalVenture capital checks of up to $10M, pre-seed to Series A. | up to $10M | Equity | Active |
| Fikr VenturesAbu Dhabi edtech VC, pre-seed to pre-Series A, with mentorship and school/university access. | not published | Equity | Open |
| Global VenturesEquity from a $400M AUM fund backing growth-stage companies. | not published | Equity | Active |
| Homegrown VenturesVenture fund for consumer-goods brands; $22.8M Fund I closed in April 2026. | not published | Equity | Open |
| Jasoor VenturesEarly-stage VC. | not published | Equity | Active |
| KjøllerDubai-based investment company backing startups and scaleups. | not published | Investment terms not published | Active |
| Leo CapitalPre-seed and seed cheques, leading or co-leading rounds. | not published | Equity | Active |
| MEVPEquity tickets of $3M to $5M from Middle East Venture Fund IV ($105M). | $105M | Equity | Active |
| Modus CapitalEarly- to mid-stage MENA VC and venture builder; leads late Seed and Series A rounds. | not published | Equity | Active |
| Natural VenturesVenture capital from a $100m impact fund for water and food tech. | not published | Equity | Active |
| Oraseya CapitalEquity investment from an AED 500M fund, pre-Seed to Series B. | not published | Equity | Active |
| Phoenix Venture PartnersEquity of USD 100,000 to 7.5 million from its $50M Innovation Fund (PVPIF). | USD 100,000 to 7.5 million | Equity | Active |
| Plus VCEquity from seed to Series A — about $100K at seed, follow-ons up to $500K. | up to $500K | Equity | Active |
| Primal CapitalSeed-to-growth investment in applied technology and digital assets. | not published | Equity | Active |
| Salica Oryx FundEquity for seed-stage MENA tech startups. | not published | Equity | Active |
| Shorooq PartnersEquity investment, stage-agnostic. | not published | Equity | Active |
| TVM Capital HealthcareHealthcare growth equity. | not published | Equity | Active |
| VentureSouq (VSQ)FinTech and ClimateTech thematic funds active. | not published | Equity | Active |
| Venturewave CapitalImpact VC for Series A and B tech companies, with an Abu Dhabi office in ADGM. | not published | Equity | Active |
| 21 VenturesVenture capital that backs founders early. | not published | Equity | Active |
| Access Bridge VenturesEquity investment from a $35M fund. | not published | Equity | Active |
| Annex InvestmentsEarly-stage venture funding with hands-on mentorship, Seed to Series A. | not published | Equity | Active |
| BY Venture PartnersEarly-stage VC; $60M Fund III invests mainly up to $1M, pre-seed to Series A. | up to $1M | Equity | Active |
| BYLDPre-seed and seed equity, leading rounds. | not published | Equity | Active |
| COTU VenturesPre-seed and seed equity; initial cheques $150k–$2m. | $150k–$2m | Equity | Active |
| Further VenturesCo-founder-style equity from formation to Series A, with reserved follow-on. | not published | Equity | Active |
| General AtlanticGlobal growth investor; over $3B deployed in the Middle East since 2012, led eyewa’s Series C. | not published | Equity | Active |
| HashedVenture investment in AI, crypto and frontier tech. | not published | Not published | Active |
| Hashgraph VenturesAbu Dhabi VC fund for blockchain-infrastructure and AI startups, pre-seed to Series A. | not published | Equity | Active |
| Jabbar Internet GroupDubai investor in internet and technology companies in the region. | not published | Equity | Active |
| Klumi VenturesCo-invests in early-stage blockchain startups, pre-seed to Series A. | not published | Equity or tokens | Active |
| Lunara PartnersEquity investment from pre-seed to pre-liquidity. | not published | Equity | Active |
| Mindshift CapitalGender-lens VC for post-seed, women-led startups in the U.S., Europe and the Middle East. | not published | Equity | Active |
| MSA Novo (Novo Capital)Multi-stage equity investment. | not published | Equity | Active |
| Mubadala CapitalEquity investment from a $755bn+ asset manager. | not published | Equity | Active |
| Nuwa CapitalVC equity investment; stage range. | not published | Equity | Active |
| PartechSeed checks of €300k–€3m; further funds for venture, Africa and impact. | €300k–€3m | Equity | Active |
| Phoenician VCAbu Dhabi (ADGM) VC and advisor: 20+ investments via Phoenician Fund I. | not published | Equity | Active |
| Pin (Pininvest)Dubai investor backing early-stage MENA companies through SPVs and selected VC funds. | not published | Equity | Active |
| Raiven CapitalEarly-stage VC; $125M fund run from DIFC for AI, IoT and emerging-tech startups. | not published | Equity | Active |
| SoftBank Vision FundSoftBank's growth-stage technology fund, with offices in Abu Dhabi and Riyadh. | not published | Equity | Active |
| TAU CapitalGrowth-stage DeepTech VC. | not published | Equity | Active |
| Wamda CapitalEquity in Seed to Series A technology startups. | not published | Equity | Active |
| White Star CapitalSeries A to B investment from a $250M Fund IV. | not published | Equity | Active |
| Yellowfin Capital PartnersADGM-registered VC: US$100K–1M tickets for growth-stage tech scaling between Asia and the GCC. | US$100K–1M | Equity | Active |
No programmes match these filters.
Highest amount in each programme’s own “What” line. Other currencies converted for sorting only (Gulf pegs; KWD, EUR, GBP approximate).
Questions founders ask
What does Iliad Partners offer?
Equity from a $50M Fund I, pre-Series A and Series A.
Does Iliad Partners take equity?
Equity — direct stake taken.
How do I apply?
No application form is published. Its website is the way in.
Sources
Primary source · iliad-partners.com · LinkedIn · linkedin.com/company/iliad-partners · Checked November 2026