Plus VC (+VC)
ActiveOverview
Plus VC (+VC) is a venture capital firm that invests in seed to Series A stage tech and tech-enabled startups in the MENA region and its diaspora. It provides initial investments of $100k-$200k with follow-on funding up to $500k, targeting 100-120 initial deals for diversification. The firm offers operational support, mentorship, and leverages networks from Silicon Valley origins and over 250 prior transactions by its team.
History
Founded in 2020 by Hasan Haider as Managing Partner, with team members including Ibrahim Alhejailan and Zainab Al Sharif. The team has collaborated for 8 years and invested in over 250 startups across 15 MENA countries since 2010 as individuals. It manages Plus Venture Capital I fund and maintains an office in Bahrain alongside its Abu Dhabi base.
Reputation
Perceived as founder-friendly with fast decisions and strong community support in the MENA VC space. Strengths include early-stage focus, high deal volume for diversification, and value-add services like mentorship from Silicon Valley-experienced partners. No notable criticisms identified in available sources.