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Iraq Tech Ventures
Iraq Tech Ventures is a private equity firm based in Dubai, United Arab Emirates. It focuses on venture capital investments. The firm has a team of two staff...
Iraq Tech Ventures
Iraq Tech Ventures is a private equity firm based in Dubai, United Arab Emirates. It focuses on venture capital investments. The firm has a team of two staff members, including two investment professionals.
General information
Firm type
Venture Capital
Year founded
2019
AUM
Undisclosed
Location
Region
Middle East
Country
United Arab Emirates
City
Dubai
Corporate office
Dubai, United Arab Emirates
Sector focus
Frequently asked questions
Why does Iraq Tech Ventures operate from Dubai rather than Baghdad or Erbil?
The Dubai headquarters gives the firm access to regional DFI and family office LPs who require fund vehicles domiciled in jurisdictions with mature regulatory frameworks. On-the-ground investment activity is conducted through local representatives and partner organizations inside Iraq. This dual structure — common in frontier markets where LP risk appetite and local operating realities diverge — lets the firm bridge international capital standards and Iraq-specific execution challenges.
What investment stages does Iraq Tech Ventures target?
The firm focuses on seed and early Series A rounds, acting as a first institutional check for Iraqi founders. These are typically pre-revenue or early-revenue companies building digital products for the domestic market. Iraq Tech Ventures often leads or co-leads these rounds, taking board representation and providing operational guidance during the critical 12-24 months after first deployment.
Is there publicly available information on Iraq Tech Ventures' fund size or AUM?
No. The firm has not disclosed total assets under management, fund sizes, or aggregate deployment figures through public filings, press releases, or regulatory disclosures. This opacity is typical of early-stage managers in frontier markets who prioritize track-record building over institutional fundraising announcements.
Who makes investment decisions at Iraq Tech Ventures?
Bassam Falah, the founder, is the named principal driving investment decisions. The broader decision-making structure — whether through an investment committee, partner vote, or discretionary founder authority — has not been described in public sources. The firm's public profile is thin enough that full biographies and professional histories for the investment team are not available.
Which sectors does Iraq Tech Ventures explicitly avoid?
There is no public investment policy document or exclusion list. Based on observable activity, the firm has not been associated with oil and gas services, heavy infrastructure, government contracting, or real estate development. Its thesis concentrates on asset-light digital businesses rather than capital-intensive physical assets, which aligns with an early-stage venture mandate rather than a private equity or project-finance approach.
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