Shorooq

We are thrilled to announce our strategic partnership with the 1 Billion Followers Summit, the world's largest gathering dedicated to content creation and media innovation. This collaboration underscores our commitment to nurturing the next generation of media startups on a global scale. We pledge to invest up to $10 million in select emerging content and media startups, that will pass through the gruesome competition and our due diligence process during the summit in one of its kind competition globally. We extend our heartfelt congratulations to the 25 exceptional finalists selected in the competition. Your creativity and vision are truly inspiring. We look forward to the opportunity to collaborate and support your growth. Bump (USA), atlaseek (UAE), Trugetherness (SG), Ad-Shield (KOR), SoSquared (UK), Arabic Archive Project (EGY), Hubee ➔ Design por assinatura (BR), Pensell (UAE), HelloCreator (USA), Eugenius (KOR), Halo AI (UAE), EPLWORLD (UAE), Shooty (UAE), Ta Marbouta (UAE), Unreel (UK), Vertix (UAE), Lobster Money (UK), Livelogue (UK), Verix (INDIA) and ReadCoin (UAE). We are also excited to deepen our collaboration with the UAE Government Media Office and express our gratitude to Alia Al Hammadi for her unwavering support and leadership in advancing the media landscape in the UAE and beyond. Together, let's drive innovation and shape the future of content and media on a global stage. 🌍 Read more about this exciting partnership here: https://lnkd.in/eHJfJyi2 #Shorooq #1BillionSummit #Media #Content #Investment

From boardrooms to arenas, excellence transcends every domain. While sports legends dominate the field, our very own Shane Shin (شين شن) 유근 has been making equally seismic moves off it. 🚀 As a Forbes 30 Under 30 alumnus, Shane exemplifies how leadership and vision in venture capital can rival the passion and grit of any championship performance. 🏆 Shane is not just playing the game—he's redefining the rules, building legacies, and empowering innovators to shape the future. In a list filled with trailblazers, his impact resonates beyond borders, proving that greatness knows no bounds—whether it’s on the court or in the startup ecosystem. 💫 Thank you Forbes for the special feature among legends such as Achraf Hakimi, Farida Osman and Mutaz Barshim! ✨ Go through this special Alumnus list here: https://lnkd.in/eNYctR8A With Founders. For Investors. #shorooq #leadership #excellence #investments

Following UAE-based Pemo's US$7 million Pre-Series A round -led by Augmentum Fintech and Shorooq- we spoke exclusively with its co-founder Ayham Gorani to understand how this new funding is set to further the startup's expansion goals: https://lnkd.in/deyna95i #fintech #preseriesa #funding #investment #startups #spendmanagement #expensemanagement #corporatecards #financialefficiency #dubai #uae #expansion #middleeast

Our Partner Bilal Baloch, had the incredible opportunity to speak at Georgetown University, Harvard Business School and Hanwha Lifeplus NY. These discussions spanned topics like venture capital, credit, private equity, emerging markets, and our role as a gateway to alternative investments in the MENA region. 🌍🌟 Key Learnings from the Trip ✨ 👉 Rising Interest in MENA’s Ecosystem: U.S.-based LPs and GPs are increasingly recognizing the high-growth potential of the MENA region, driven by success stories like General Catalyst’s investment in our portfolio company Lean Technologies. These partnerships are opening doors for deeper collaboration in the region’s thriving startup landscape. 👉 Optimism in Evolving Global Regulations: Investors are looking at the next 3-5 years with renewed confidence due to anticipated regulatory shifts in private markets, cryptocurrency frameworks, and broader accessibility for retail investors. This tour reinforced our belief that MENA’s venture ecosystem is on the global radar—and we are at the heart of driving its success. 🌟 💬 What’s your take on the intersection of U.S. and MENA investments? Let us know in the comments! With Founders. For Investors. #Shorooq #VentureCapital #MENA #US #Investments #multidimensionalfirm

THIS IS NOT AN INVESTMENT ADVICE. Every investor dreams of their portfolio company becoming a global #1 player - yes I mean it, global #1. And over the last few weeks, our portfolio MANTRA has become the leading #RWA (real world asset) blockchain infrastructure layer around the globe. Led by John Patrick Mullin, Rodrigo Quan Miranda Will Corkin Stephen Peepels, MANTRA is not just a simple quick hot/fad startup that came out of thin air - they have been continuously building their blockchain over the last 6 years, going through up and downs like any other disciplined startup, staying put and focus on execution. The entire MANTRA team have been laser focused to eventually bridge this gap of trillions of RWA assets into the innovative blockchain technology. Just to state a few facts: - $OM, has been the highest rally over the past 24hours, the second highest over 7 days (by yesterday when I pulled the analysis) - Boasts a market cap of $3.8Bn as of the time of this post We firmly believe in this long term thesis. More announcements to come on MANTRA - partnerships, revenue, volume being integrated into the chain etc and would be a great journey to follow this company and keep an eye out!

Pemo, a UAE-based spend management platform, has secured a US$7 million pre-Series A funding round, led by investors Shorooq and Augmentum Fintech. we spoke to Pemo co-founder Ayham Gorani and Shorooq partner Bilal Baloch to learn more about the investment: https://lnkd.in/dMsKtw-w #entrepreneurs #startups #Dubai #UAE #investment #funding #fintech #spendmanagement #SMEs #smallbusiness #finance #artificialintelligence #AI #SaudiArabia #MiddleEast #MENA

We're thrilled to announce co-leading Pemo's $7m pre-series A with publicly listed Augmentum Fintech. 🚀 Pemo's a pioneering UAE-based spend management platform that’s transforming how SMEs across the MENA region manage their finances. This round is set to accelerate Pemo's growth and expansion into new GCC markets. 🌍 Since its launch in 2022, Pemo has already facilitated over AED1.4 billion in transactions and provided thousands of businesses with seamless expense tracking, automated accounting, and corporate card solutions—all on one powerful platform. 📊💳 With this new funding, Pemo is set to innovate further, making spend management simpler and empowering more companies to grow faster. 🚀 We’re proud to back such a visionary team Ayham Gorani, Alessandro Durì and Valerie Konde and the wider team at Pemo and we look forward to seeing their continued impact on the region’s fintech landscape. 👉 Read more here: https://lnkd.in/dMT4yjfD With Founders. For Investors. #Shorooq #Fintech #Investment #Pemo

يسرنا أن نشارك ظهور شريكنا المؤسس، Shane Shin (شين شن) 유근، في برنامج "شرق غرب" على قناة Asharq Business اقتصاد الشرق مع الأعلامية المتميزة Maya Hojeij 🚀 في هذه المقابلة، ناقش شاين مستقبل رأس المال الجريء في منطقة الشرق الأوسط وشمال إفريقيا، مسلطاً الضوء على تطورات نشاط صناديق الاستثمار الجريء والملكية الخاصة في تمويل الشركات الناشئة خلال الأشهر التسعة الأولى من العام. 📈 تابعوا المقابلة لمعرفة المزيد عن توقعاته حول فرص وتحديات السوق الاستثمارية للشركات الناشئة في المنطقة. 🌍 #Shorooq #رأس_المال_الجريء #BloombergAsharq #الاستثمار

Today marks a game-changing milestone for our portfolio company Lean Technologies, as they announce their $67.5 million Series B round led by General Catalyst! 🚀 As one of Lean’s earliest backers, Shorooq has proudly supported Lean from pre-seed to Series A extension. Witnessing Lean's growth and their relentless drive to reshape the financial landscape across the MENA region has been nothing short of inspiring under Hisham Al-Falih, Ashu Gupta and Aditya Sarkar leadership. ✨ Lean’s vision to make financial data and payments more accessible and transparent is setting a new benchmark for financial innovation. This milestone is not just about capital; it’s about empowering a more inclusive, dynamic financial ecosystem that reaches everyone. 🌍 A huge congratulations to the Lean team! We’re excited to see the impact they continue to make, alongside visionary partners like Bain Capital Ventures, Arbor Ventures, and Duquesne Family Office LLC. With Founders. For Investors. #Shorooq #LeanTechnologies #MENA #Fintech #venturecapital

Our rebranding celebrations went global with a twist! Our team marked the new chapter with sweet (and health-conscious!) treats, proving that we can have our cake and eat it too – guilt-free! 🍰💪✨ Here’s to our Shorooq family, united in flavor, fun, and a fresh new look! Cheers to the journey ahead and to making memories together – one slice at a time. 🎉🍰💙 Shorooq, a multi-dimensional investment firm. #Shorooq #RebrandingCelebration #TeamSpirit