# Series C investors in MENA (2026 list)

> 20 series C investors in MENA, 75% active in the last 12 months. Led by 500 Global, Partech Ventures, Endeavor Catalyst. Ranked by what they funded.

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

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

# Series C investors in MENA

Updated 7 November 2026

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

[See all 20 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseries-c-investors-in-mena)The top 20

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

**354** cheques in 12 months *-31%* against the market

**$23M** median round they joined *+181%* against the market median

**75%** wrote a cheque in 12 months

**75%** have led a round

## The Top 20

Ordered by cheques observed, never by anything anyone paid for

Deploying now (15)

- 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 [Partech Ventures](https://millionrounds.com/fund/partech) *Deploying now* VC firm · France **444** **$15M** median round **Oct 2026** last seen
- 3 [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) *Deploying now* Corporate VC · United States **318** **$30M** median round **Oct 2026** last seen
- 4 [General Atlantic](https://millionrounds.com/fund/general-atlantic) *Deploying now* Private equity · United States **273** **$127M** median round **Oct 2026** last seen
- 5 [Drive Capital](https://millionrounds.com/fund/drive-capital) *Deploying now* VC firm · United States **190** **$8.4M** median round **Oct 2026** last seen
- 6 [Endeavor](https://millionrounds.com/fund/endeavor) *Deploying now* Corporate VC · United States **106** **$25M** median round **Sept 2026** last seen
- 7 [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
- 8 [Mubadala](https://millionrounds.com/fund/mubadala) *Deploying now* Private equity · United Arab Emirates **91** **$80M** median round **Sept 2026** last seen
- 9 [Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) *Deploying now* VC firm · United States **89** **$8M** median round **Oct 2026** last seen
- 10 [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) *Deploying now* Government · United Kingdom **84** **$20M** median round **Nov 2026** last seen
- 11 [Atlantic](https://millionrounds.com/fund/atlantic) *Deploying now* Private equity · Germany **53** **$35M** median round **Oct 2026** last seen
- 12 [CommerzVentures](https://millionrounds.com/fund/commerzventures) *Deploying now* VC firm · Germany **16** **$26M** median round **Feb 2026** last seen
- 13 [Triangle Capital Corporation](https://millionrounds.com/fund/turmeric-capital) quiet VC firm · Singapore **13** **$100M** median round **Nov 2024** last seen
- 14 [Al Mada Ventures](https://millionrounds.com/fund/al-mada-ventures) *Deploying now* VC firm · Morocco **7** **$12M** median round **Nov 2026** last seen
- 15 [Partech Africa](https://millionrounds.com/fund/partech-africa) quiet VC firm **4** **$8.6M** median round **May 2025** last seen
- 16 [GLOBAL VENTURES](https://millionrounds.com/fund/global-ventures-3) *Deploying now* VC firm · Germany **2** **$19M** median round **Sept 2026** last seen
- 17 [Badwa Capital](https://millionrounds.com/fund/badwa-capital) quiet Private equity · United Arab Emirates **1** **$100M** median round **Nov 2024** last seen
- 18 [DPI Venture Capital via the Nclude Fund](https://millionrounds.com/fund/dpi-venture-capital-via-the-nclude-fund) quiet VC firm **1** **$13M** median round **May 2025** last seen
- 19 [DPI Ventures](https://millionrounds.com/fund/dpi-ventures) *Deploying now* VC firm **1** **$35M** median round **Sept 2026** last seen
- 20 [DPI's Nclude Fund](https://millionrounds.com/fund/dpi-s-nclude-fund) quiet Growth equity **1** **$13M** median round **May 2025** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **4** Nov **[Enza](https://millionrounds.com/company/enza)** Seed · $6M *With* [British International Investment](https://millionrounds.com/fund/british-international-investment-bii)
- **4** Nov **[Journify](https://millionrounds.com/company/journify)** Series A · $12M *Led by* [Al Mada Ventures](https://millionrounds.com/fund/al-mada-ventures)
- **3** Nov **[Scatec](https://millionrounds.com/company/scatec)** Debt · $217M *With* [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd)
- **2** Nov **[Okra Solar](https://millionrounds.com/company/okra-solar)** Debt · $7M *Led by* [British International Investment](https://millionrounds.com/fund/british-international-investment-bii)
- **27** Oct **[General Compute](https://millionrounds.com/company/general-compute)** Series A · $100M *With* [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst)
- **26** Oct **[Paradev](https://millionrounds.com/company/paradev)** Seed · $12M *With* [Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital)

## Stages This Year

297 rounds

- Series A **15%**
- Seed **14%**
- Venture **12%**
- Debt **12%**
- Series B **10%**
- Other **36%**

## What They Backed

Sectors, last 12 months

- AI **91**
- Fintech **52**
- Financial Services **24**
- Construction **18**
- Energy **15**
- Big Data & Analytics **13**

## Cheques by Quarter

Led Joined

135 Q1 25

115 Q2 25

141 Q3 25

120 Q4 25

141 Q1 26

86 Q2 26

78 Q3 26

16 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 C investors in MENA

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

By cheques observed, the most active are 500 Global, Partech Ventures, Endeavor Catalyst, General Atlantic and Drive Capital.

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

20 are on record. 75% made an investment in the last 12 months and 75% have led a round.

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

Of the rounds with a named stage in the last 12 months, mostly Series A (21%) and Seed (19%).

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

The typical (median) round among the leading investors here is $25M.

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

In the last 12 months, mostly AI, Fintech and Financial Services.

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

General Atlantic (32 led), Partech Ventures (18 led) and Drive Capital (7 led).

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

Among the most active, most are based in the United States (6), Germany (3) and the United Kingdom (2).

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

Recent rounds include Enza (Seed, Nov 2026, with British International Investment), Journify (Series A, Nov 2026, with Al Mada Ventures) and Scatec (Debt, Nov 2026, with European Bank for Reconstruction and Development).

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