Investor

Etisalat UAE

Fund · backs 3 companies

Companies

FM30 EgyptRetail

Breadfast

Breadfast is Egypt’s leading online grocery and quick-commerce platform, with a $50 million pre-Series C round led by Novastar Ventures.

$382mValuation
2,599Headcount
40.6%Growth
A
FM30 UAEAI

AppliedAI

AppliedAI builds Opus, an agentic AI workflow platform for regulated industries, headquartered in Abu Dhabi and backed by G42 and Mubadala.

$355mValuation
144Headcount
44%Growth
FM30 EgyptProptech

Nawy

Nawy is an Egyptian proptech platform for new and off-plan residential developments, with an IFC equity investment supporting its expansion.

$260mValuation
1,743Headcount
25.3%Growth