Mena-based entrepreneur, Tambi Jalouqa, establishes Maza Ventures to support software and deep technology startups on a global scale from the Middle East and North Africa region.
In an exciting development for the startup ecosystem, a new seed fund named Maza Ventures has been launched by industry veteran Tambi Jalouqa. The fund is aimed at backing software and deeptech startups, with a particular focus on highly technical founding teams building globally relevant products in AI, enterprise software, B2B SaaS, biotech, robotics, and advanced computing.
Jalouqa, who has extensive experience in the industry, spent over eight years at Propeller, including six years as CEO. During this time, he helped raise two funds and invested in companies like Maqsam, Gameball, Oto, and Lawhive.
Maza Ventures has started fundraising and will continue to back founders with smaller angel checks until the first close. After the first close, Jalouqa will start writing larger tickets under the Maza name. The fund is particularly interested in founders from the Middle East and North Africa, and is "not afraid to back moonshots."
However, specific details about the fund's investment strategy, such as stages invested in, geographic preferences, or thematic priorities, are not yet available. Similarly, information about the fund's current fundraising status or capital raised is also missing.
For those seeking more detailed information about Maza Ventures, it is recommended to consult the fund's official website or recent press releases, as such data may not be widely indexed or covered in publicly accessible sources at this time.
Tambi Jalouqa, with his extensive background in finance and investing, plans to utilize Maza Ventures to invest in business ventures that leverage technology, specifically focusing on AI, enterprise software, B2B SaaS, biotech, robotics, and advanced computing. Maza Ventures will initially provide smaller angel checks to founders, but later will write larger tickets once the first close is achieved, with a particular interest in supporting founders from the Middle East and North Africa, even considering moonshot ideas.
