# Series B investors in MENA (2026 list)

> 43 series B investors in MENA, 88% active in the last 12 months. Led by 500 Global, Plug and Play, Founders Fund. Ranked by what they funded.

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

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

# Series B investors in MENA

Updated 7 November 2026

Firms we have watched take part in a Series B round raised by a company in MENA in the last two years, wherever the firm is based.

[See all 43 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseries-b-investors-in-mena)The top 25

**43** investors on the list *+6* this week

**891** cheques in 12 months *-21%* against the market

**$17M** median round they joined *+109%* against the market median

**88%** wrote a cheque in 12 months

**60%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 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 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen
- 4 [Coinbase Ventures](https://millionrounds.com/fund/coinbase) *Deploying now* Corporate VC · United States **465** **$9.8M** median round **Nov 2026** last seen
- 5 [Balderton Capital](https://millionrounds.com/fund/balderton-capital) *Deploying now* VC firm · United Kingdom **368** **$30M** median round **Oct 2026** last seen
- 6 [Speedinvest](https://millionrounds.com/fund/speedinvest) *Deploying now* VC firm · Austria **345** **$6.7M** median round **Nov 2026** last seen
- 7 [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) *Deploying now* Corporate VC · United States **318** **$30M** median round **Oct 2026** last seen
- 8 [Peak XV](https://millionrounds.com/fund/peak-xv) *Deploying now* VC firm · United States **317** **$15M** median round **Nov 2026** last seen
- 9 [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) *Deploying now* Private equity · United States **198** **$64M** median round **Nov 2026** last seen
- 10 [Village Capital](https://millionrounds.com/fund/village-capital) *Deploying now* Accelerator · United States **129** **$2.3M** median round **Jul 2026** last seen
- 11 [Fifth Wall](https://millionrounds.com/fund/fifth-wall) *Deploying now* VC firm · United States **118** **$30M** median round **Sept 2026** last seen
- 12 [Endeavor](https://millionrounds.com/fund/endeavor) *Deploying now* Corporate VC · United States **106** **$25M** median round **Sept 2026** last seen
- 13 [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd) *Deploying now* Private equity · United Kingdom **91** **$35M** median round **Nov 2026** last seen
- 14 [Quona Capital](https://millionrounds.com/fund/quona-capital) *Deploying now* VC firm · United States **80** **$16M** median round **Nov 2026** last seen
- 15 [Accion Venture Lab](https://millionrounds.com/fund/accion-venture-lab) *Deploying now* VC firm · United States **71** **$7M** median round **Oct 2026** last seen
- 16 [Breyer Capital](https://millionrounds.com/fund/breyer-capital) *Deploying now* Private equity · United States **69** **$24M** median round **Oct 2026** last seen
- 17 [Shorooq Partners](https://millionrounds.com/fund/shorooq-partners) *Deploying now* VC firm · United Arab Emirates **66** **$6M** median round **Nov 2026** last seen
- 18 [SBI Group](https://millionrounds.com/fund/sbi-group) *Deploying now* Growth equity **57** **$14M** median round **Nov 2026** last seen
- 19 [BECO Capital](https://millionrounds.com/fund/beco-capital) *Deploying now* VC firm · United Arab Emirates **18** **$8M** median round **Sept 2026** last seen
- 20 [EBRD VC](https://millionrounds.com/fund/ebrd-vc) *Deploying now* Growth equity · United Kingdom **13** **$17M** median round **Jul 2026** last seen
- 21 [Novastar Ventures](https://millionrounds.com/fund/novastar-ventures) *Deploying now* VC firm · United Kingdom **10** **$24M** median round **Sept 2026** last seen
- 22 [4DX Ventures](https://millionrounds.com/fund/4dx-ventures) *Deploying now* VC firm · Ghana **8** **$6M** median round **Nov 2026** last seen
- 23 [SC Ventures](https://millionrounds.com/fund/sc-ventures) *Deploying now* VC firm · United States **8** **$6M** median round **Nov 2026** last seen
- 24 [Disruptech Ventures](https://millionrounds.com/fund/disruptech-ventures) *Deploying now* VC firm · Egypt **6** **$12M** median round **Apr 2026** last seen
- 25 [Norrsken22](https://millionrounds.com/fund/norrsken22) *Deploying now* Private equity · United States **6** **$8.9M** median round **Sept 2026** last seen

**18 more on this list**

All 43 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%2Fseries-b-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 *Led by* [Galaxy](https://millionrounds.com/fund/galaxy)
- **5** Nov **[Pliant](https://millionrounds.com/company/pliant)** Series C · $80M *Led by* [Speedinvest](https://millionrounds.com/fund/speedinvest)
- **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* [Shorooq Partners](https://millionrounds.com/fund/shorooq-partners)
- **3** Nov **[Agrani Labs](https://millionrounds.com/company/agrani-labs)** $108M *Led by* [Peak XV](https://millionrounds.com/fund/peak-xv)

## Stages This Year

801 rounds

- Seed **19%**
- Series A **18%**
- Venture **16%**
- Series B **9%**
- Other **9%**
- Other **30%**

## What They Backed

Sectors, last 12 months

- AI **279**
- Fintech **116**
- Web3 & Crypto **65**
- Financial Services **60**
- Big Data & Analytics **45**
- Biotech **43**

## Cheques by Quarter

Led Joined

299 Q1 25

300 Q2 25

304 Q3 25

285 Q4 25

295 Q1 26

241 Q2 26

195 Q3 26

63 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 Series B and scaling

- Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies Reid Hoffman · 2018 3.95 from 7,118 ratings on Goodreads Scaling and operations Leading and managing Moats and competition About the book Foreword by Bill Gates LinkedIn cofounder, legendary investor, and host of the award-winning Masters of Scale podcast reveals the secret to starting and scaling massively valuable companies. What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or… On AmazonListen on Audible
- One Page Talent Management: Eliminating Complexity, Adding Value Marc Effron · 2010 4.00 from 311 ratings on Goodreads Leading and managing Hiring and culture Scaling and operations About the book A Revolutionary Approach to Talent Management You know that winning in today’s marketplace requires top quality talent. You also know what it takes to build that talent, and you spend significant financial and human resources to make it happen. Yet somehow, your company’s… On AmazonListen on Audible
- The Culture Code: The Secrets of Highly Successful Groups Daniel Coyle · 2017 4.24 from 37,412 ratings on Goodreads Hiring and culture Leading and managing About the book What do Pixar, Google and the San Antonio Spurs basketball team have in common?The answer is that they all owe their extraordinary success to their team-building skills. In The Culture Code, Daniel Coyle goes inside some of the most effective organisations in the world and… On AmazonListen on Audible
- Scaling Up: How a Few Companies Make It...and Why the Rest Don't Verne Harnish · 2014 4.16 from 6,229 ratings on Goodreads Scaling and operations Leading and managing About the book Winner of the 2015 International Book Awards for General Business Winner of the 2015 National Indie Excellence Award for General Business Winner of the 2015 Readers' Favorite International Book Award Gold Medal for Non-Fiction Business Winner of the 2015 Paris Book… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=scaling).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about series B investors in MENA

### Who are the most active series B investors in MENA?

By cheques observed, the most active are 500 Global, Plug and Play, Founders Fund, Coinbase Ventures and Balderton Capital.

### How many series B investors in MENA are there?

43 are on record. 88% made an investment in the last 12 months and 60% have led a round.

### Which stages do series B investors in MENA back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (25%).

### How big are the rounds series B investors in MENA join?

The typical (median) round among the leading investors here is $14M.

### Which sectors do series B investors in MENA back most?

In the last 12 months, mostly AI, Fintech and Web3 & Crypto.

### Which series B investors in MENA lead the most rounds?

Founders Fund (42 led), Balderton Capital (22 led) and EBRD VC (13 led).

### Where are series B investors in MENA based?

Among the most active, most are based in the United States (15), the United Kingdom (4) and the United Arab Emirates (2).

### What have series B investors in MENA invested in recently?

Recent rounds include Soter Insure (Series B, Nov 2026, with Galaxy), Pliant (Series C, Nov 2026, with Speedinvest) and Enza (Seed, Nov 2026, with 4DX Ventures).

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