# Investors based in Pakistan (2026 list)

> 205 investors based in Pakistan, 1% active in the last 12 months. Led by Alliance Technology Ventures, NeoCarta Capital, GroundUp. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-based-in-pakistan (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors based in Pakistan

Updated 7 November 2026

Firms headquartered in Pakistan, ordered by what we have observed them do rather than by what they claim to invest in. Where a firm sits is not where it invests; for that, see investors in Pakistan.

[See all 205 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-pakistan)The top 25

**205** investors on the list No change this week

**4** cheques in 12 months Too few cheques to tell

**$5.3M** median round they joined *-33%* against the market median

**1%** wrote a cheque in 12 months

**2%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (3)

- 1 [Alliance Technology Ventures](https://millionrounds.com/fund/alliance-technology-ventures) dormant VC firm · Pakistan **19** **$15M** median round **Dec 2009** last seen
- 2 [NeoCarta Capital](https://millionrounds.com/fund/neocarta-capital) dormant Growth equity · Pakistan **15** **$18M** median round **Nov 2009** last seen
- 3 [GroundUp](https://millionrounds.com/fund/groundup) quiet VC firm · Pakistan **6** **$5.2M** median round **Nov 2019** last seen
- 4 [Honda](https://millionrounds.com/fund/honda) *Deploying now* Investment firm · Pakistan **5** **$23M** median round **Feb 2026** last seen
- 5 [Invest2Innovate](https://millionrounds.com/fund/invest2innovate) quiet Accelerator · Pakistan **5** **-** median round **Aug 2014** last seen
- 6 [Milestone](https://millionrounds.com/fund/milestone) quiet Private equity · Pakistan **3** **$2.9M** median round **May 2019** last seen
- 7 [Sigmas Group](https://millionrounds.com/fund/sigmas-group) *Deploying now* VC firm · Pakistan **2** **$69M** median round **Apr 2026** last seen
- 8 [Together](https://millionrounds.com/fund/together) *Deploying now* VC firm · Pakistan **2** **$50M** median round **Jan 2026** last seen
- 9 [Arpatech](https://millionrounds.com/fund/arpatech) quiet VC firm · Pakistan **1** **$2.5M** median round **Mar 2013** last seen
- 10 [ECP](https://millionrounds.com/fund/ecp) quiet Private equity · Pakistan **1** **$112M** median round **Feb 2025** last seen
- 11 [Fatima Gobi Ventures](https://millionrounds.com/fund/fatima-gobi-ventures) quiet VC firm · Pakistan **1** **$6M** median round **Nov 2021** last seen
- 12 [Fatima Ventures](https://millionrounds.com/fund/fatima-ventures) quiet VC firm · Pakistan **1** **$220K** median round **May 2015** last seen
- 13 [High Street Ventures](https://millionrounds.com/fund/high-street-ventures) quiet VC firm · Pakistan **1** **$838K** median round **May 2013** last seen
- 14 [Indus Valley Capital](https://millionrounds.com/fund/indus-valley-capital) quiet VC firm · Pakistan **1** **$2.2M** median round **Aug 2019** last seen
- 15 [Ithaca Capital](https://millionrounds.com/fund/ithaca-capital) quiet Private equity · Pakistan **1** **$2M** median round **Aug 2019** last seen
- 16 [PEAK Group](https://millionrounds.com/fund/peak-group) quiet VC firm · Pakistan **1** **$2.5M** median round **Mar 2013** last seen
- 17 [Sarmayacar](https://millionrounds.com/fund/sarmayacar) quiet Angel network · Pakistan **1** **$5.7M** median round **Apr 2019** last seen
- 18 [Scale Angels](https://millionrounds.com/fund/scale-angels) quiet Angel network · Pakistan **1** **$17M** median round **Jun 2025** last seen
- 19 [ScaleX](https://millionrounds.com/fund/scalex) quiet Accelerator · Pakistan **1** **$3M** median round **Dec 2018** last seen
- 20 [Zayn VC](https://millionrounds.com/fund/zayn-vc) quiet VC firm · Pakistan **1** **$5.5M** median round **Dec 2024** last seen
- 21 [pakwheels.com](https://millionrounds.com/fund/pakwheels-com) quiet VC firm · Pakistan **1** **$100K** median round **Sept 2015** last seen
- 22 [100 Startups Club](https://millionrounds.com/fund/100-startups-club) unknown Investment firm · Pakistan **none observed** **-** median round **-** last seen
- 23 [10xC - Seed Fund](https://millionrounds.com/fund/10xc-seed-fund) unknown VC firm · Pakistan **none observed** **-** median round **-** last seen
- 24 [47 Ventures Ltd.](https://millionrounds.com/fund/47-ventures-ltd) unknown VC firm · Pakistan **none observed** **-** median round **-** last seen
- 25 [92 CAPITAL](https://millionrounds.com/fund/92-capital) unknown Investment firm · Pakistan **none observed** **-** median round **-** last seen

**180 more on this list**

All 205 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-pakistan)

## The Newest Cheques

Rounds this list's investors joined most recently

- **29** Apr **[Scout AI](https://millionrounds.com/company/scout-ai)** Series A · $100M *With* [Sigmas Group](https://millionrounds.com/fund/sigmas-group)
- **30** Mar **[Centivax, Inc.](https://millionrounds.com/company/centivax-inc)** Series B · $37M *With* [Sigmas Group](https://millionrounds.com/fund/sigmas-group)
- **28** Feb **[Rapidus](https://millionrounds.com/company/rapidus)** $1.7B *With* [Honda](https://millionrounds.com/fund/honda)
- **20** Jan **[Emergent](https://millionrounds.com/company/emergent)** Series B · $70M *With* [Together](https://millionrounds.com/fund/together)
- **24** Sept **[Emergent](https://millionrounds.com/company/emergent)** Series A · $30M *With* [Together](https://millionrounds.com/fund/together)
- **5** Jun **[Toma](https://millionrounds.com/company/toma)** Series A · $17M *With* [Scale Angels](https://millionrounds.com/fund/scale-angels)

## Stages This Year

4 rounds

- Series B **50%**
- Other **25%**
- Series A **25%**

## What They Backed

Sectors, last 12 months

- AI **3**
- Manufacturing **2**
- Aerospace & Space **1**
- Biotech **1**
- Developer Tools **1**
- Semiconductors **1**

## Cheques by Quarter

Led Joined

1 Q1 25

1 Q2 25

1 Q3 25

Q4 25

3 Q1 26

1 Q2 26

Q3 26

Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors based in United States 73,439](https://millionrounds.com/lists/investors-based-in-united-states)
- [Investors based in United Kingdom 8,136](https://millionrounds.com/lists/investors-based-in-united-kingdom)
- [Investors based in Canada 3,879](https://millionrounds.com/lists/investors-based-in-canada)
- [Investors based in India 3,865](https://millionrounds.com/lists/investors-based-in-india)
- [Investors based in Germany 3,455](https://millionrounds.com/lists/investors-based-in-germany)
- [Investors based in China 3,027](https://millionrounds.com/lists/investors-based-in-china)
- [Investors based in United Arab Emirates 2,916](https://millionrounds.com/lists/investors-based-in-united-arab-emirates)
- [Investors based in Australia 2,592](https://millionrounds.com/lists/investors-based-in-australia)
- [Investors based in France 2,280](https://millionrounds.com/lists/investors-based-in-france)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors based in Pakistan

### Who are the most active investors based in Pakistan?

By cheques observed, the most active are Alliance Technology Ventures, NeoCarta Capital, GroundUp, Honda and Invest2Innovate.

### How many investors based in Pakistan are there?

205 are on record. 1% made an investment in the last 12 months and 2% have led a round.

### Which stages do investors based in Pakistan back?

Of the rounds with a named stage in the last 12 months, mostly Series B (67%) and Series A (33%).

### How big are the rounds investors based in Pakistan join?

The typical (median) round among the leading investors here is $5.5M.

### Which sectors do investors based in Pakistan back most?

In the last 12 months, mostly AI, Manufacturing and Aerospace & Space.

### Which investors based in Pakistan lead the most rounds?

Honda (1 led), ECP (1 led) and Ithaca Capital (1 led).

### What have investors based in Pakistan invested in recently?

Recent rounds include Scout AI (Series A, Apr 2026, with Sigmas Group), Centivax, Inc. (Series B, Mar 2026, with Sigmas Group) and Rapidus (Feb 2026, with Honda).

### How is this list of investors based in Pakistan ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
