MEVP and Vivium Holding Form Strategic Cornerstone Partnership to Support MENA Start-ups

Dubai-based progressive single family office, Vivium Holding, has announced its partnership with Middle East Venture Partners (MEVP), a prominent venture capital asset manager in the MENA region.This collaboration, reported by Khaleej Times and Zawya, signifies a significant milestone in expanding the investment horizons of both companies and fostering growth and innovation within the region's entrepreneurial ecosystem.

MEVP has been a leading force in venture capital investments in the MENA region for over a decade, with a strong track record of successful investments in technology start-ups across various sectors. The collaboration with Vivium Holding, whose mission is to invest in talent, ideas, and build impactful brands, establishes powerful synergies that strengthen the partnership. As a cornerstone partner, Vivium Holding aims to leverage its expertise and resources to identify and support the most promising technology start-ups in MENA.

Vivium Holding focuses on creating value for investors, stakeholders, and businesses in the MENA region through its diversified investment portfolio in luxury residential and hospitality, technology, and passion investments such as art and design.

MEVP currently manages four regional technology-focused venture capital funds, with over $300 million in assets under management and $1.6 billion in co-investments. With investments in more than 60 Mena-based start-ups, including industry leaders like Anghami, HyperPay, and Fresha, MEVP has established a strong presence in the region. The partnership with Vivium Holding comes as MEVP launches its fourth flagship MENA VC fund, the Middle East Venture Fund IV (MEVF IV), with a target size of $150 million. MEVF IV will primarily focus on investing in innovative early-stage and growth-stage technology companies, supporting their growth into Mena market leaders.

Elie Khouri, Founder and CEO of Vivium Holding, expressed their commitment to supporting the growth of innovative start-ups in MENA through this strategic partnership with MEVP. The collaboration aims to accelerate the development of the region's thriving VC ecosystem, enabling start-ups to become prominent regional and global champions while establishing sustainable long-term businesses.

Walid Hanna, Chairman and co-CEO of MEVP, shared his enthusiasm for Vivium Holding joining as a Cornerstone Partner, emphasizing the complementarity of their strong focus on technology investments and global perspective on innovation with MEVP's existing capabilities. Together, they aim to create more value for their portfolios and contribute to the broader entrepreneurship community in the MENA region.

The timing of Vivium Holding's appointment as Cornerstone Partner with MEVP is opportune, as the MENA region is witnessing a surge in entrepreneurial activity, with start-ups disrupting traditional industries and driving digital transformation. The collaboration between Vivium Holding and MEVP is poised to drive economic growth, job creation, and technological advancements across the MENA region.

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