# Pre-seed investors in MENA (2026 list) > 72 pre-seed investors in MENA, 79% active in the last 12 months. Led by 500 Global, Plug and Play, Bpifrance. Ranked by what they funded. Source: https://millionrounds.com/lists/pre-seed-investors-in-mena (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Pre-seed investors in MENA Updated 7 November 2026 Firms we have watched take part in a pre-seed round raised by a company in MENA in the last two years, wherever the firm is based. [See all 72 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpre-seed-investors-in-mena)The top 25 **72** investors on the list No change this week **606** cheques in 12 months *-29%* against the market **$3M** median round they joined *-62%* against the market median **79%** wrote a cheque in 12 months **51%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (23) - 1 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 2026** last seen - 2 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen - 3 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen - 4 [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) *Deploying now* VC firm · United States **398** **$40M** median round **Nov 2026** last seen - 5 [Initialized Capital](https://millionrounds.com/fund/initialized-capital) *Deploying now* VC firm · United States **229** **$6.9M** median round **Oct 2026** last seen - 6 [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2) *Deploying now* Growth equity · United States **96** **$3M** median round **Oct 2026** last seen - 7 [F6 Ventures](https://millionrounds.com/fund/f6-ventures) *Deploying now* VC firm · Egypt **72** **$750K** median round **Oct 2026** last seen - 8 [Shrug Capital](https://millionrounds.com/fund/shrug-capital) *Deploying now* VC firm · United States **68** **$8M** median round **May 2026** last seen - 9 [Kevin Hartz](https://millionrounds.com/fund/a-star-co) *Deploying now* VC firm · United States **65** **$9M** median round **Oct 2026** last seen - 10 [Orange Ventures](https://millionrounds.com/fund/orange-ventures) *Deploying now* Corporate VC · France **53** **$11M** median round **Sept 2026** last seen - 11 [Evolution VC Partners](https://millionrounds.com/fund/evolution-vc-partners) *Deploying now* VC firm · United States **43** **$4.1M** median round **Sept 2026** last seen - 12 [Renew Capital](https://millionrounds.com/fund/renew-capital) quiet VC firm · Ethiopia **10** **$5M** median round **Aug 2025** last seen - 13 [4DX Ventures](https://millionrounds.com/fund/4dx-ventures) *Deploying now* VC firm · Ghana **8** **$6M** median round **Nov 2026** last seen - 14 [Janngo Capital](https://millionrounds.com/fund/janngo-capital) *Deploying now* VC firm **8** **$8M** median round **Jun 2026** last seen - 15 [Phoenix VC](https://millionrounds.com/fund/phoenix-venture-partners) *Deploying now* VC firm · United Arab Emirates **8** **$29M** median round **Oct 2026** last seen - 16 [SC Ventures](https://millionrounds.com/fund/sc-ventures) *Deploying now* VC firm · United States **8** **$6M** median round **Nov 2026** last seen - 17 [Digital Africa](https://millionrounds.com/fund/digital-africa) *Deploying now* Micro VC · France **6** **$1.5M** median round **Jan 2026** last seen - 18 [Disruptech Ventures](https://millionrounds.com/fund/disruptech-ventures) *Deploying now* VC firm · Egypt **6** **$12M** median round **Apr 2026** last seen - 19 [Madica](https://millionrounds.com/fund/madica) *Deploying now* Accelerator · United States **6** **$883K** median round **Oct 2026** last seen - 20 [Nuwa Capital](https://millionrounds.com/fund/nuwa-capital) *Deploying now* VC firm · United Arab Emirates **6** **$24M** median round **Sept 2026** last seen - 21 [WITAMAX](https://millionrounds.com/fund/witamax) *Deploying now* VC firm · Morocco **6** **$1.6M** median round **Apr 2026** last seen - 22 [Azur Innovation Fund](https://millionrounds.com/fund/azur-innovation-fund) *Deploying now* VC firm **6** **$2.3M** median round **Jul 2026** last seen - 23 [A15](https://millionrounds.com/fund/a15) *Deploying now* VC firm · Egypt **5** **$1.4M** median round **Jan 2026** last seen - 24 [COTU Ventures](https://millionrounds.com/fund/cotu-ventures) *Deploying now* VC firm · United Arab Emirates **5** **$5.2M** median round **Sept 2026** last seen - 25 [GO Ventures](https://millionrounds.com/fund/go-ventures) quiet Corporate VC · United States **5** **$5.3M** median round **Feb 2025** last seen **47 more on this list** All 72 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%2Fpre-seed-investors-in-mena) ## The Newest Cheques Rounds this list's investors joined most recently - **5** Nov **[Soter Insure](https://millionrounds.com/company/soter-insure)** Series B *With* [SC Ventures](https://millionrounds.com/fund/sc-ventures) - **4** Nov **[Enza](https://millionrounds.com/company/enza)** Seed · $6M *Led by* [4DX Ventures](https://millionrounds.com/fund/4dx-ventures) - **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play) - **4** Nov **[Journify](https://millionrounds.com/company/journify)** Series A · $12M *With* [Oraseya Capital](https://millionrounds.com/fund/oraseya-capital) - **3** Nov **[Carryt](https://millionrounds.com/company/carryt)** Round *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play) - **3** Nov **[Traversal](https://millionrounds.com/company/traversal)** Series B · $120M *Led by* [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) ## Stages This Year 563 rounds - Seed **24%** - Series A **18%** - Venture **15%** - Pre-seed **9%** - Series B **7%** - Other **26%** ## What They Backed Sectors, last 12 months - AI **241** - Fintech **53** - Biotech **45** - Healthcare **32** - Big Data & Analytics **32** - Financial Services **23** ## Cheques by Quarter Led Joined 214 Q1 25 230 Q2 25 219 Q3 25 226 Q4 25 188 Q1 26 164 Q2 26 123 Q3 26 55 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Series A investors in North America 2,451](https://millionrounds.com/lists/series-a-investors-in-north-america) - [Seed investors in North America 2,422](https://millionrounds.com/lists/seed-investors-in-north-america) - [Seed investors in Europe 1,730](https://millionrounds.com/lists/seed-investors-in-europe) - [Series B investors in North America 1,704](https://millionrounds.com/lists/series-b-investors-in-north-america) - [Series A investors in Europe 1,419](https://millionrounds.com/lists/series-a-investors-in-europe) - [Growth investors in North America 1,382](https://millionrounds.com/lists/growth-investors-in-north-america) - [Series C investors in North America 1,011](https://millionrounds.com/lists/series-c-investors-in-north-america) - [Pre-seed investors in North America 877](https://millionrounds.com/lists/pre-seed-investors-in-north-america) - [Series B investors in Europe 871](https://millionrounds.com/lists/series-b-investors-in-europe) [All investor lists *→*](https://millionrounds.com/lists) ## Reading for founders at idea or pre-seed - Thinking, Fast and Slow Daniel Kahneman · 2011 4.16 from 616,355 ratings on Goodreads Judgement and decisions Company building About the book In the highly anticipated Thinking, Fast and Slow, Kahneman takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. Kahneman… On AmazonListen on Audible - The Elements of User Experience: User-Centered Design for the Web Jesse James Garrett · 2002 4.01 from 4,134 ratings on Goodreads Finding product-market fit Company building About the book Smart organizations recognize that Web design is more than just creating clean code and sharp graphics. A site that really works fulfills your strategic objectives while meeting the needs of your users. Even the best content and the most sophisticated technology won't help you… On AmazonListen on Audible - Get Backed: Craft Your Story, Build the Perfect Pitch Deck, and Launch the Venture of Your Dreams Evan Baehr · 2015 4.36 from 356 ratings on Goodreads Raising money Company building About the book HOW DO YOU LAUNCH THE VENTURE OF YOUR DREAMS? Get Backed isn’t just about startup fundraising. It’s a handbook for anyone who has an idea and needs to build relationships to get it off the ground. Over the last 3 years, entrepreneurs Evan Loomis and Evan Baehr have… On AmazonListen on Audible - Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist [Brad Feld](https://millionrounds.com/person/brad-feld) · 2011 4.11 from 17,486 ratings on Goodreads Raising money Company building About the book Praise for Venture Deals"My biggest nightmare is taking advantage of an entrepreneur without even realizing it. It happens because VCs are experts in financings and most entrepreneurs are not. Brad and Jason are out to fix that problem with Venture Deals. This book is long… On AmazonListen on Audible[Author's Podcasts](https://millionrounds.com/person/brad-feld#podcasts) More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=idea). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about pre-seed investors in MENA ### Who are the most active pre-seed investors in MENA? By cheques observed, the most active are 500 Global, Plug and Play, Bpifrance, Kleiner Perkins and Initialized Capital. ### How many pre-seed investors in MENA are there? 72 are on record. 79% made an investment in the last 12 months and 51% have led a round. ### Which stages do pre-seed investors in MENA back? Of the rounds with a named stage in the last 12 months, mostly Seed (32%) and Series A (24%). ### How big are the rounds pre-seed investors in MENA join? The typical (median) round among the leading investors here is $5.2M. ### Which sectors do pre-seed investors in MENA back most? In the last 12 months, mostly AI, Fintech and Biotech. ### Which pre-seed investors in MENA lead the most rounds? Kleiner Perkins (33 led), Initialized Capital (13 led) and Bpifrance (11 led). ### Where are pre-seed investors in MENA based? Among the most active, most are based in the United States (11), France (3) and Egypt (3). ### What have pre-seed investors in MENA invested in recently? Recent rounds include Soter Insure (Series B, Nov 2026, with SC Ventures), Enza (Seed, Nov 2026, with 4DX Ventures) and Lazarus AI (Nov 2026, with Plug and Play). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)