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KFHC Ventures is a venture capital firm based in Kuwait, founded in 2017 as a subsidiary of KFH Capital, the investment arm of Kuwait Finance House. The firm focuses on providing shariah-compliant funding to high-growth technology companies across the Middle East and North Africa (MENA) region. With a fund size of $167 million, KFHC Ventures aims to support startups not only with capital but also with strategic guidance and access to a robust regional network.
Since its inception, KFHC Ventures has made significant strides in the venture capital landscape, particularly in the technology sector. The firm has established a portfolio of eight companies, including notable exits such as Melltoo, which was acquired by Cartlow in August 2022. The firm’s affiliation with KFH Capital enhances its credibility and provides startups with opportunities to connect with established players in the MENA market.
KFHC Ventures is dedicated to investing in early-stage and growth-stage technology companies within the MENA region. The firm primarily focuses on sectors such as fintech, consumer technology, and SaaS. By aligning its investments with shariah-compliant principles, KFHC Ventures seeks to identify innovative startups that can thrive within an ethical investment framework.
The firm typically invests in seed, Series A, and Series B stages, although specific check sizes have not been disclosed. KFHC Ventures leverages the resources and expertise of its parent company, KFH Capital, to provide strategic support and market access to its portfolio companies. This approach allows KFHC Ventures to foster the growth of promising technology ventures in the region, ensuring they are well-positioned to navigate the complexities of the MENA market.
KFHC Ventures has built a diverse portfolio of technology companies, showcasing its commitment to supporting innovative startups in the MENA region. The following companies are part of its portfolio:
This portfolio reflects KFHC Ventures' focus on high-growth technology sectors and its commitment to supporting startups that align with its shariah-compliant investment thesis.
Abdulmohsen Alhamad serves as the Director at KFHC Ventures. He has a background that includes roles at KFH Capital, Noor Financial Investment Company, and the Kuwait Investment Authority, bringing extensive experience in investment management and strategic planning.
Aatef Baig AbdulMajeed is also part of the KFHC Ventures team. While specific details about his role and investment focus are not disclosed, he contributes to the firm's mission of supporting high-growth technology companies in the MENA region.
To pitch KFHC Ventures, founders should utilize the contact information provided on their website. The preferred channel for submissions is through the pitch email at info@kfhcventures.com or via the pitch form available at kfhcventures.com. Founders should include a clear and concise deck that outlines their business model, market opportunity, and alignment with shariah-compliant principles.
While there are no specific deadlines for applications, KFHC Ventures operates on a rolling basis, allowing for continuous engagement with potential investments. Founders can expect a response within a reasonable timeframe, although specific timelines for decision-making have not been disclosed.
In March 2025, KFHC Ventures received a special marketing license from Kuwait's Capital Markets Authority to privately market shares of KFHC Ventures Fund I LP. This development indicates the firm's ongoing commitment to expanding its investment activities within the MENA region.
Additionally, in March 2023, KFHC Ventures participated in a Series B-II funding round for COFE, a coffee marketplace/app company, raising $15 million alongside other investors.
What are KFHC Ventures' investment criteria?
KFHC Ventures focuses on early-stage and growth-stage technology companies in the MENA region, specifically in sectors such as fintech, consumer technology, and SaaS. The firm seeks startups that align with its shariah-compliant investment principles.
How can I pitch to KFHC Ventures?
Founders can pitch their startups by visiting the KFHC Ventures website at kfhcventures.com or by emailing info@kfhcventures.com. The firm maintains an open pitch policy and accepts applications on a rolling basis.
What makes KFHC Ventures different from other VCs?
KFHC Ventures distinguishes itself by focusing on shariah-compliant investments, which aligns with ethical investment principles. The firm also leverages its affiliation with KFH Capital to provide strategic support and access to a vast regional network.
What is the typical check size for investments?
While specific check sizes have not been disclosed, KFHC Ventures invests in seed, Series A, and Series B stages, indicating a range of investment sizes depending on the startup's needs and growth potential.
What is the geographic focus of KFHC Ventures?
The firm primarily invests in startups located in the MENA region, with a particular emphasis on Kuwait and the broader Gulf Cooperation Council (GCC) area.
What kind of support do portfolio companies receive?
KFHC Ventures provides its portfolio companies with strategic guidance, industry expertise, and access to a robust regional network, enhancing their chances of success in the competitive MENA market.
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