- What
- Abu Dhabi (ADGM) VC and advisor: 20+ investments via Phoenician Fund I.
- Who
- Tech ventures; portfolio incl. NymCard, Sarwa, Toters, MoneyFellows.
Checked · October 2026 · phoenician.vc · How we check ↗
See Phoenician VC on the map next to the other 108 programmes in the UAE — and filter the whole Gulf by type, deadline and equity.
Open the map →In detail
Phoenician VC is a venture capital investor and venture advisor in the UAE. Venture investor and venture/transaction advisor with an office on the 15th floor of Al Khatem Tower, ADGM Square, Abu Dhabi (second office in Beirut). It reports more than 20 investments executed through Phoenician Fund I and its parent More Capital, among them NymCard, Sarwa, Toters, MoneyFellows, eddress and Kamkalima; exits include Onfido and Seez.
- Amount
- Ticket size not published
- Portfolio
- NymCard
- Xare
- eddress
- SerVme
- Toters
- Sarwa
- Sohati
- Derq
- MoneyFellows
- Kamkalima
- Status
- Active — general contact form only; latest news on its site 25 February 2025 (exit of Seez) (checked October 2026)
What the source says
“Office no. 15-113, 15th Floor Al Khatem Tower, ADGM Square Al Maryah, P.O. Box 46617 | Abu Dhabi”
phoenician.vc/contact · seen October 2026
“Selected deals executed through Phoenician Fund I and More Capital (parent company) .”
phoenician.vc · seen October 2026
“Innovation Venture Partners & Advisors”
phoenician.vc · seen October 2026
“Deals executed through Phoenician Fund I and More Capital (parent company).”
phoenician.vc/portfolio · seen October 2026
“February 25, 2025 Acquisition of Seez by Pinewood.ai”
phoenician.vc · seen October 2026
“20+ investments in innovative ventures”
phoenician.vc · seen October 2026
Closing soon on the map
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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 Phoenician VC offer?
Abu Dhabi (ADGM) VC and advisor: 20+ investments via Phoenician Fund I.
Does Phoenician VC take equity?
Equity.
How do I apply?
No application form is published. Its website is the way in.
Sources
Primary source · phoenician.vc · LinkedIn · linkedin.com/company/17998781 · Checked October 2026