Investors in Jordan

Founded in 1982, TJC LP, formerly known as The Jordan Company, is a New York-based private investment firm that specializes in buying and building businesses in partnership with management. Our transactions provide liquidity for owners, raise capital for corporate growth and create significant equity opportunities for key management. We are long-term investors who seek to build value over time.

The Abraaj Group is a private equity, venture capital, and real estate investment firm specializing in early venture, seed, growth capital, emerging growth, mid venture, late venture, expansion capital, industry consolidation, mezzanine, subdebt, PIPES, buyouts, bridge, recapitalization, infrastructure, and buy and build in mature companies. It seeks to invest in small and medium sized enterprises in emerging markets. The firm typically invests in oil, gas and consumable fuels, metals and mining, agricultural machinery and equipment, agricultural services, auto parts and equipment, leisure facilities, pharmaceuticals, services outsourcing, water utilities, real estate, health care and clean energy, manufacturing, food products, FMCG, construction, healthcare services, industrials, telecommunications, resource and infrastructure services, education, information technologies, aviation, materials and logistics, agribusiness, energy, and food industries. It focuses on consumer goods and services, within which it also focuses on fast moving consumer goods manufacturing, retail, and food & beverage. Within financial services it also focuses on banking, non-bank financial institutions (such as mortgage or consumer finance specialists), insurance companies (life, general and reinsurance), and payments and fintech businesses. Within healthcare it focuses on hospitals & clinics and other type of service providers in the healthcare domain. Within education, it focuses on private K-12 schools and traditional graduate and post-graduate, campus-based universities. We are also investing in clean energy power generation, i.e., renewable power generation assets. We will also selectively invest in base-load gas-fired power generation assets and select midstream and downstream energy infrastructure assets including transmission and distribution assets that complete the value chain. It invests in companies based in Far East, the Middle East including Saudi Arabia, North Africa, Kenya, Ghana, Nigeria, and South Asia with a focus on Egypt, Lebanon, Jordan, Algeria, Pakistan, Turkey, the Palestinian territories and the six Gulf Arab nations that make up the Gulf Cooperation Council. The firm also seeks to invest globally with a focus on Sub Saharan Africa including Ivory Coast region; Latin America including Argentina, Brazil; Central Asia; and Southeast Asia including India and the Philippines. The firm seeks to make equity investments between $0.5 million and $100 million; typically investing $10 million to $100 million in private equity investments as well as in real estate. It prefers to invest between $100 million and $300 million in its portfolio companies. It prefers to invest in companies with revenue between $6 million to $35 million. The firm acquires controlling or significant interest and seeks board representation in its portfolio companies. It typically exits its investments within a period of three years to five years through structured exits to strategic and trade buyers or onto public markets in the region. The firm seeks majority and minority positions in public enterprises ranging between 10% and 49%. The Abraaj Group was founded in 2002 and is headquartered in Dubai, United Arab Emirates with additional offices across Asia, Africa, and Europe.

Swicorp is a private financial services group providing solutions in the spheres of investment banking, private equity and asset management in the Middle East and North Africa (KSA, UAE, Bahrain, Jordan, Tunisia, Morocco, Algeria, Egypt and Turkey).Founded in 1987 by current chairman Kamel Lazaar, Swicorp today has grown to be one of the region’s premier financial services providers, with close to 100 employees worldwide.Licensed by both the Saudi Capital Market Authority and the Dubai Financial Services Authority, our teams leverage our regional and international network, servicing clients and investors who are seeking lucrative opportunities.Our local expertise, combined with our world-class financial solutions, has allowed us to gain a robust client base amongst leading financial institutions and regional corporations. Furthermore, it established trust with our clients to enable us to raise in excess of $1 Billion in private equity funds. Through our extensive principal investment network, we are also able to activate significant proprietary investments for MENA and international opportunities across various asset classes.

Oasis500 is the leading seed investment company and business accelerator in MENA in the Tech and Creative Industry spaces. We enable great entrepreneurs to transform their viable ideas or creative talents into scalable businesses. That includes finding those entrepreneurs, investing in their startups, bridging their know-how gap, and eventually helping them get follow-on funding. In the process, we have become one of the most influential players in advancing the entrepreneurship and innovation ecosystem in Jordan and MENA in general.How It WorksIt all starts with reaching out to those people with the entrepreneurial drive, compelling them to embrace it and submit their startup ideas to Oasis500. Successful applicants are invited to attend our intensive Business and Entrepreneurship workshop aimed at building their entrepreneurial capacity and maximizing their potential of securing funding. Those with more mature pitches may go to the investment stage directly and skip the workshop.Startups that are successful at securing funding from Oasis500 will be accelerated at our facilities for 100 days where the focus will be on driving growth. Startups will have access to the tremendous cumulative know-how of Oasis500 staff, and our wonderful network of mentors. Not to mention the vibrant community that will help them come to term with their maturing entrepreneurial identity. They will also be introduced to our investors network as part of our focused efforts to help them get follow-on funding when needed.

Ahli Bank is a leading Jordanian financial institution, with a steeped national history and heritage, for over 63 years, the bank has been a leading player in the financial services industry in Jordan and beyond, providing banking services to retail, SME, and corporate customers. The bank established the AHLI FINTECH company in August 2017, making it the first FinTech company fully-owned by a licensed bank in Jordan. The vision of AHLI FINTECH is to promote the FinTech ecosystem and establish itself as a regional hub for FinTech innovation.

Fajr Capital Limited is a private equity and venture capital firm specializing in early venture, mezzanine, growth capital, buyout, infrastructure investments. It makes its investments with a commitment to Shariah principles. The firm invests in companies operating across diversified sectors with a focus on financial services, infrastructure, healthcare, energy and resources, education, food and beverage sector, logistics, oil and gas services, industrial manufacturing, and renewable energy. The firm also makes investments in waste water treatment, hospitals and healthcare centers, schools, marine ports and services, road and rail, marine, water, sewer and pipeline construction, petrochemicals, oil and gas storage and transportation sectors. The firm primarily makes its investments in high-growth Organisation of Islamic Cooperation (OIC) markets focusing on Algeria, Brunei Darussalam, Indonesia, Malaysia, Saudi Arabia, Turkey, the United Arab Emirates, Oman, Egypt, Bahrain, Iraq, Jordan, Kuwait, Qatar, Libya, Morocco, and Tunisia. The firm invests between $50 million and $100 million in its portfolio companies. Fajr Capital Limited is based in Dubai, United Arab Emirates with additional offices in Kuala Lumpur, Malaysia and London, United Kingdom.

Pace Capital is an early-stage venture capital firm based in New York City, specializing in Series A investments. Founded in 2019 by Chris Paik and Jordan Cooper, the firm focuses on high-impact, technology-driven solutions across various sectors, including blockchain, electronics, healthcare services, life sciences, and software. With a commitment to supporting innovative startups, Pace Capital has made notable investments in companies such as Trolley, Holobiome, Neurable, Nexus, and Dework. The firm's investment philosophy emphasizes deep conviction and a low-volume approach, allowing for a more hands-on partnership with portfolio companies. This strategy enables Pace Capital to provide tailored support and resources to help founders achieve their vision and drive sustainable growth. The firm is headquartered at 6 West 9th Street, New York, NY 10011, United States.

DASH Ventures is an Amman-based Venture Capital firm operating at the forefront of MENA’s rapidly transforming economic landscape and at the center of the region’s entrepreneurship ecosystem. We look to invest in the best opportunities regardless of geography, but our desire to lend hands-on support means we focus primarily on the MENA region. DASH is a private partnership of entrepreneurs and business experts that harness decades of experience building and backing successful regional and international companies. We integrate our entrepreneurs into a global network that spans a variety of industries including technology, healthcare, financial services, and government, delivering access to investors, acquirers, partners, and customers. We employ a collaborative and highly interactive investment approach, working closely with our portfolio companies to minimize risk, develop strategies, and seize opportunities.

Foursan Group is a private equity specialist with a primary focus on the Middle East region. Foursan currently manages Foursan Capital Partners I (“FCP I”) and Foursan Capital Partners II (“FCP II”), multi-country, multi-sector private equity funds targeting investments in accelerated growth companies in the Levant and North Africa. FCP I , which has been fully invested, pursues control or significant minority stakes in companies in a range of sectors including financial services, food and beverage, education, aviation, pharmaceuticals and healthcare. FCP II targets a broad range of attractive industries, including food and beverage, education, pharma and hospitality. Previously, Foursan managed the Jordan Fund, a multi-sector private equity fund focused on Jordan which it launched with Deutsche Bank.

Silicon Badia is a venture capital firm specializing in seed/startup and early stage. The firm seeks to invest in the technology sector, online and mobile innovation, e-commerce, fintech, healthcare technology, life sciences, agriculture, healthcare, finance, consumer Internet and digital media services, real-estate and education. It typically invests in the companies around the world with a focus on Middle East (Jordan and the Southern and Eastern Mediterranean region) and the United States. The firm seeks to invest between $0.2 million and $3 million. Silicon Badia was founded in 2011 and is based in Amman, Jordan with an additional office in New York City, New York. Silicon Badia operates as a subsidiary of Accelerator Technology Holdings Limited.

Beyond Capital is seed funded $10M from USAID and created through a joint partnership between Endeavor Jordan and Silicon Badia BeyondCapital supports start-ups and asset managers build high growth ventures, accelerate job creation, advance and develop the investment eco-system, and encourage increased equity investment in early and growth stage businesses in Jordan. BeyondCapital has been established to realize long-term ecosystem development and capital expansion in Jordan. The company will take a three pillar approach which consists of (1) Start-up Support (2) Existing and Aspiring Fund Managers Support and (3) Angel Investors Support.

Propeller backs founder-first, technology startups building horizontal AI infrastructure, AI-native applications, and core software systems, connecting MENA-based founders to global networks.

Noor Financial Investment Company (“Noor”) was established in Kuwait in 1996 and its shares were listed on the Kuwait Stock Exchange in May 2006. Noor is engaged in investment activities and financial services primarily in Kuwait, the Middle East, Asia, and other emerging markets. Noor offers a full spectrum of innovative and unrivalled investment and financial services which include both advisory and asset management. Noor’s strength rests on its diversified portfolio of Direct Capital Market Investments, Real Estate and Alternative Investments. Noor manages a proprietary listed equity portfolio comprising of local, GCC and international equities. The Marketable Securities Unit continues to successfully deploy funds in GCC and International equity markets achieving strong returns.To achieve consistent income and stable capital gain, Noor’s Real Estate Unit has substantially grown over the last few years and is also undertaking development of new complexes in Kuwait. It owns a commercial building located in the heart of Kuwait city in addition to several residential buildings across Kuwait. The Company's Alternative Investments Unit continues to grow with participation in transactions with an aggregate equity value of over USD 1.7 billion since 2005 including 27% investments for its own account. The Unit pursues strategic investment opportunities that aims to achieve synergies among existing investments as well as to open new opportunities for the Company. As part of its strategy to grow in IT services, it has acquired various companies in the IT sector in addition to substantial growth in its existing IT businesses. Further, continuing its focus towards an asset light model, Noor has expanded its footprint in the hospitality sector in Jordan through acquiring management services for an airport lounge, along with securing a hotel management concession at Queen Alia International Airport. Real Estate and Alternative Investments diversify Noor’s portfolio to mitigate market volatility.

CoFound Partners is an early-stage venture fund dedicated to assisting founders in building repeatable sales motions and sustainable high-growth businesses. Led by Jordan Wan, founder and CEO of CloserIQ—a leading go-to-market-focused executive search firm—the fund leverages a vast network to provide strategic guidance in go-to-market (GTM) strategies, customer acquisition, and team building. CoFound Partners primarily invests in B2B software startups across various industry verticals, including healthcare, supply chain, climate, and enterprise SaaS. The firm focuses on founders with deep industry expertise in underserved markets, aiming to make a handful of high-conviction investments each year. Over the past decade, Jordan has advised leading VC firms and their founders on GTM, helping scale over 900 startups, including Trello, Oscar Insurance, Justworks, Algolia, and Riskified.

SMALT Capital SA, formerly known as ACG Management SAS until June 2020, is a private equity and venture capital firm specializing in capital-succession deals, seed, startup, mezzanine, early venture, mid venture, late venture, emerging growth, middle market and mature stage investments. It also specializes in growth capital, recapitalization and buyout transactions. It typically invests in unlisted mid-cap and small and medium sized companies. The firm invests through LBO, LBI, OBO, MBO and MBI. The firm seeks to make investments in industrials, capital goods, manufacturing, materials and new materials, automotive parts and equipment, consumer durables and apparel, commercial services and supplies, consumer goods, retail goods, tourism, entertainment and sports activities, Silver Economy, leisure and digital sectors, food products and food processing, air freight and logistics, mechanical industries, metallurgic, communications equipment, plastic products, construction materials, telecommunication services, energy, electronics, microelectronics and peripheral, software, multimedia, environment, services, distribution, information and communication technologies and security, cloud computing, public works, and real estate development sectors. It also invests in development of products, processes or services (renewable energies, organic-resources, sets of subjects related to the energy sector, gas measurement to optimize industrial processes, bio-based products, wind or solar infrastructure, recycle of waste, solar electricity production, anti-industrial pollution, green economy and carbon print, energy and industrial safety themes in the sectors of the environment, industrial ecology, environment green or friendly chemical). It also invests in healthcare, medical technology, pharmaceuticals, biotechnology, life sciences and in well-being such as care centers, leisure centers and medical technologies, medical analysis, services to persons, hotels, gastronomic sectors and the luxury sector, such as cosmetics, leather goods and accessories among others, and the digital sector and digital economy mainly in cyber security, Big Data, e-commerce, and smart objects. The firm also seek to invest in wineries and in the wine industry including production and distribution, vineyards and also traders and actors of the distribution such as retail trading, brokers and wine wholesalers and in related industries of the wine sectors such as in agri-viticultural machine tools, equipment’s, tanks, presses and supply of consumables including glass, corks, barrels, fertilizers and bottling. It considers investments in Italy, Spain, Algeria, Egypt, Morocco, Tunisia, Jordan, Turkey, Réunion, French Polynesia, New Caledonia, Martinique, French Guiana, Guyana, Guadeloupe, Martinique, Mayotte, Saint Martin, Saint Barthélemy, Saint Pierre, Miquelon, Wallis, Futuna, Clipperton, French Southern and Antarctic Lands and France. Within France, it focuses on the former French regions of Provence-Alpes-Côte-d'Azur, Rhône-Alpes, Burgundy, Franche-Comté, Ile-de-France, Corsica, Marseille, Auvergne and Languedoc-Roussillon. It also invests in the following former French regions and it’s following former French departments: Aquitaine (Gironde, Dordogne, Lot-et-Garonne, Landes and Pyrénées-Atlantiques), Poitou-Charentes (Deux-Sèvres, Vienne, Charente-Maritime and Charente), Midi-Pyrénées (Lot, Tarn-et-Garonne, Tarn, Aveyron, Gers, Haute-Garonne, Hautes-Pyrénées and Ariège), Limousin (Creuse, Haute-Vienne and Corrèze) and Pays de la Loire (Vendée). The firm prefers to invest between €0.05 million ($0.06 million) and €8 million ($10.19 million) per transaction in companies with an enterprise value between €3 million ($3.51 million) and €30 million ($42.70 million) and sales values between €1.5 million ($1.9 million) and €50 million ($65.38 million). It prefers to take a seat in the Board of Directors of its portfolio companies and seeks minority stakes of up to 35% and also majority stakes in the businesses it acquires. It typically exits its investments after five years. It also co-invests. SMALT Capital SA was founded in 2000 and is based in Marseille, France with additional offices in Marseille, France, Ajaccio, France, Nouméa, New Caledonia, Paris, France, Saint Denis, Reunion and Tunis, Tunisia.

Adam Tech Ventures is a $5M fund that invests in technology startups. Our aim is to invest between $55k - $250k in A-star entrepreneurs who are re-shaping their industries. We are funded by entrepreneurs for entrepreneurs.

Impact Fund Denmark is a private equity and venture capital firm specializing in financing in the form of equity, mezzanine, loans, debt and guarantees. It makes socially conscious investments. It makes directly & indirectly investments. Under directly investing, it invests in early stage & growth capital investments. Under indirectly investments, it invests in venture capital funds. It specializes in establishing new companies, setting up joint ventures between Danish companies and local business partners and in acquiring existing companies. It provides financing to private-sector projects in the developing countries. The firm can only invest in countries whose 2008 GNI capita income is below $0.03 million with an exemption granted to South Africa, Botswana, and Namibia. Also, the host countries of investments must be on the OECD’s DAC list of development aid recipients. It invests where private sector financing is unavailable or insufficient. It invests in sustainable growth and high-impact solutions in developing markets/countries. It does not invest in Forced labor or child labor, Ozone depleting substances, PCB's (Polychlorinated Biphenyls) and other specific, hazardous pharmaceuticals, pesticides/herbicides or chemicals, wildlife or products regulated under the Convention on International Trade in Endangered Species or Wild Fauna and Flora (CITES), Unsustainable fishing methods, Cross-border trade in waste and waste products, unless compliant with the Basel Convention and the underlying regulations, Destruction of High Conservation Value areas, Radioactive materials and unbounded asbestos fibres, Pornography and/or prostitution, Racist and/or anti-democratic media, Alcoholic Beverages (except beer and wine), Tobacco, Weapons and munitions, Gambling, casinos and equivalent enterprises, Standalone fossil fuelled power plants, Drilling, exploration, extraction, refining and sale of crude oil, natural gas and thermal coal, Storage, supporting infrastructure (pipelines etc.), transportation and logistics, and services primarily related to fossil fuels, Any business using captive coal for power and/or heat generation, Electricity generation from peat and activities leading to deforestation, Investments and/or other projects that aim to produce or make use of agricultural or forestry products, Biomaterials and biofuel production, Export-oriented agribusiness mod, Meat and dairy industries. It prefers investing in commercial services and supplies, biofuels, electric power by solar and wind energy and irrigation systems sector. The firm seeks to invest in climate and Agribusiness. It focuses its investments in Green energy & infrastructure with focus on Clean, affordable renewable energy, Waste recycling and management, Energy efficiency, Water access and management; Financial Services with focus on Microfinance, MSME financing, Development banks and Insurance; Sustainable food systems with focus on Climate farming, Storage and distribution, Processing, Forest and land; Healthcare with focus on Hospitals and clinics, Pharmacy chains, Diagnostic services, Pharmaceuticals & medical equipment. The firm prefers to invest in companies based in Africa focusing on North Africa, Sub-Saharan Africa, South America, Central America, Middle East and Algeria, Angola, Benin, Botswana, Jordan, Denmark, Senegal, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo (Brazzaville), Democratic Republic of Congo, Côte d'Ivoire, Djibouti, Egypt, Arab Rep., Eritrea, Ethiopia, The Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Morocco, Mozambique, Namibia, Niger, Nigeria, Rwanda, Senegal, São Tomé and Principe, Sierra Leone, Somalia, South Africa, Sudan, South Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe; Asia focusing on Afghanistan, Bangladesh, Bhutan, Cambodia, China, Fiji, India, Indonesia, Iran, Iraq, Brazil, Malaysia, Turkey, Mexico, Kiribati, Laos, South Korea, North Korea, Kyrgyzstan, Maldives, Federal States of Micronesia, Mongolia, Myanmar, Nepal, Marshall Islands, Pakistan, Papua New Guinea, Philippines, Western Samoa, Solomon Islands, Sri Lanka, Syria, Tajikistan, Thailand, East Timor, Tonga, Turkmenistan, Tuvalu, Uzbekistan, Vanuatu, Vietnam, West Bank and Gaza, Yemen; Europe focusing on Albania, Russia, Armenia, Azerbaijan, Caucasus, Belarus, Balkans, Bosnia & Herzegovina, Bulgaria, Croatia, Montenegro, Romania, Slovenia, Georgia, Kosovo, Macedonia, Moldova, Serbia, Ukraine; and Latin America with a focus on Belize, Bolivia, Colombia, Cuba, Dominican Republic, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras Nicaragua, Paraguay, Peru, Saint Lucia, Saint Vincent and The Grenadines, Suriname, Ecuador, and Jamaica and North Asia, United States of America, Latin America and parts of Europe. It seeks to invest between from DKK15 million ($2.32 million) and DKK500 million ($77.52 million). The firm can invest up to DKK350 million ($51.34 million) per company. The firm seeks to co-invest with Danish businesses in projects based in developing countries. It prefers to take minority stake between 10% to 30% and up to 49 per cent in small projects. It prefers to take a board membership. The firm prefers to exit its investments within five to seven years when the loan has been repaid or the shares have been sold. The firm also offers special assistance to small and medium-sized enterprises which employs less than 300 employees, with an annual revenue of up to DKK 300 million ($53.16 million) and has a positive result in two out of three latest financial years. It also provides advisory services to business investments in developing countries. The firm makes two thirds of its investments in partnership and can also provide additional financing. Impact Fund Denmark was founded in 1967 and is based in Copenhagen, Denmark with additional offices across Asia, Europe, South America, and Africa.

Instrata Capital BSC (c) is an investment firm specializing in shariah-compliant structured investments.It prefers to invest in the GCC and MENA regions with a focus on Bahrain, Kuwait, Oman, Jordan, Morocco, Qatar, Saudi Arabia, UAE, and Turkey

Capital Trust Limited is the private equity and venture capital arm of The Capital Trust Group specializing in recapitalizations, restructuring, IPOs, privatizations, corporate joint ventures, expansion financing, acquisitions of complementary businesses or product lines, mid venture, growth, acquisitions, financings, refinancing, mezzanine and equity investments in small to middle market companies. The firm also seeks to invest in in mezzanine investments in leveraged buyouts. In case of its corporate finance investments, the firm also invests in debt and equity offerings in public and private companies. The firm also invest in private equity and venture capital fund of fund investments. The firm does not invest in sponsor less mezzanine, turnaround situations or start-ups. The firm seeks to invest in corporate finance and real estate. The firm seeks to invest up to 25 percent of its aggregate capital in the combined high-tech sector, with a focus on support services. The firm typically invests in banking and insurance; oil services; maintenance and services; pharmaceutical, healthcare services, chemicals, and cosmetics; production of food and beverages; and retail and consumer products. In the corporate finance segment, the firm seeks to invest in manufacturing, distribution, services, and specialty retail segments. The firm also invests in real estate assets with a focus on commercial property, but may also consider investments in residential real estate on an opportunistic basis. The firm primarily invests in companies that have their principal place of business or substantial business interests in Europe including United Kingdom, Western Europe, France, Germany, the Netherlands, Italy, Spain, and the Nordic countries. It prefers to invest in the Mediterranean countries in Middle East and North Africa including Algeria, Palestinian Territories, Syria, Malta, Greece, Tunisia, Morocco, Egypt, Turkey, Lebanon, Jordan, and Israel. In case of its corporate finance investments, the firm prefers to invest in United States, the Middle East, and North Africa. The firm acts as the lead investor in transactions, as well as a co-investor with other financial institutions. The firm seeks to participate seeks to invest in mezzanine transactions through third party syndications. It seeks to acquire controlling stakes or involvement at the Board or operating level in its portfolio companies and typically holds its investment for a period of three to five years. The firm’s typical investment horizon for real estate investments is three to five years and an exit strategy is always sought prior to the acquisition. Capital Trust Ltd was founded in 1985 and is based in London, United Kingdom with an additional offices in London, United Kingdom; Beirut, Lebanon; New York, New York and Vienna, Virginia.

National Net Ventures is a venture capital firm specializing in investments in early stage and established companies. It does not invest in new ventures. The firm primarily seeks to invest in the Internet sector with a focus on consumer web, including web forums, games, social media, mobile ventures, mobile applications, e-commerce, digital publishing, online advertising, online payments, and user generated content. It typically invests in Arabic companies focusing on Saudi Arabia. National Net Ventures is based in Riyadh, Saudi Arabia with additional offices in Riyadh, Saudi Arabia; Amman, Jordan; Nasr City, Egypt; Dubai, United Arab Emirates; and Fremont, California.

KEY Investment Partners is a Denver-based venture capital firm specializing in providing growth equity to early-stage cannabis companies. Founded in 2018 by Pete Karabas, Tiby Erdely, and Jordan Youkilis, the firm leverages over 50 years of combined institutional investment experience to identify high-growth, market-leading companies within the cannabis industry. Their investment approach is systematic, focusing on sectors such as business-to-business e-commerce, cannabis testing labs, data analytics, compliance software, and branded products. By connecting investors with emerging opportunities, KEY aims to accelerate the development of the cannabis industry's infrastructure.

Hivos Impact Investments is a venture capital firm specializing in seed, startup and early stage investments. The firm primarily invests in companies in the creative industry, such as ICT start-ups, (digital) media, (digital) creative services, technologies and innovation to increase access to essential foodstuffs, innovation in core art; and companies in the food and food lifestyle industry, such as local traditional food products, urban farming, biopesticides and organic fertilizers, farming related geodata, solutions for food handling and food transport, track and trace solutions within the food chain, food waste reduction, retail of organic food and beverages, nature-based cosmetics, food media and food marketing that promote healthy and sustainable diets. The firm typically invests in in the Middle East and North Africa (MENA), especially in Tunisia, Egypt, Jordan and Lebanon; and in Southern Africa, especially South Africa, Zambia, Zimbabwe and Malawi. Hivos Impact Investments was founded in 2015 and is headquartered in The Hague, the Netherlands, with an additional office in Joahnnesburg, South Africa.

GroFin Capital (Pty) Ltd. is a private equity and venture capital firm specializing debt, equity, growth capital and mezzanine. It invest in all stages of business development, from start-ups, early venture, mid venture, late venture, through growth to expansions. The firm invests in outright purchases, management buy-outs, buying of businesses, management buy-ins, self-liquidating debt and franchises. It does not invest in primary agriculture (agricultural pursuits outside of a ‘controlled’ environment), not-for-profit organizations (NGO’s), informal or micro-enterprise, on-lending (fund-of-fund) activities, self-help groups, co-operatives, proof-of-concept or R&D programs. It also do not support any businesses which do not comply with applicable environmental, legal and social requirements as detailed in our ESG (environmental, social and governance policy). It does not consider seed capital, grants, soft loans, or short-term bridging finance. The firm seeks to invest in all sectors with a focus on specialized finance, consumer services, consumer goods, air freight and logistics, agricultural services, agricultural machinery and equipment, fertilizers and agricultural chemicals, including franchises, education, healthcare, manufacturing, labour intensive businesses and key services (water, energy and sanitation). The firm seeks to invest in small and medium sized businesses in South Africa, Iraq, Nigeria, Ghana, Kenya, Uganda, Rwanda, Ivory Coast, Senegal, Jordan, Zambia, Oman, Egypt, and Tanzania. It also prefers to invest in the Middle East and North Africa region. It prefers to invest in companies with an annual turnover not exceeding $5 million and gross assets not exceeding $3 million. The firm's deal size ranges between $0.01 million and $3 million per investment. It seeks to invest for a period of three years with the maximum being eight years. The fund prefers to take majority or minority stakes between 10 percent and 49 percent. GroFin Capital (Pty) Ltd. was founded in 2004 and is headquartered in Bambous, Mauritius with additional offices in East Africa, West Africa, Southern Africa and Middle East & North Africa.

Ascent Private Equity, LLC is a private equity and venture capital firm specializing in seed, early stage, growth capital and mezzanine investments. The firm typically invests in medical device industry and other medical technology companies with a focus on clinical research, manufacturing, lab, and intellectual property. It seeks to invest in medical innovation through companies which have technologies sufficiently innovation to effect dramatic changes in the treatment of serious global health issues such as cardiovascular disease and cancer. The firm prefers to invest in the companies based in the United States with focus on Upper Midwest and Minnesota, which in turn invest in joint ventures or wholly owned subsidiaries located in the Middle East with a focus on Jordan and Oman or business establishing directly in Middle East. It seeks to own less than 50 percent of all investee companies but prefers a board position. It seeks to invest a minimum of $1 million per individual investor and $5 million per institutional investor. Ascent Private Equity, LLC was founded in 1997 and is based in the New York, New York. It is a subsidiary of Ascent Group.

Fjord Invest Management AS is a private equity and venture capital firm specializing in investments in start-up, early, mid, late venture and mature companies. It typically invests in companies in the Norwegian regions of Sogn og Fjordane, Hordaland, Rogaland, Vest-Agder, and Aust-Agder. The firm seeks to invest up till NOK 20 million ($2.44 million) and secures an equity holding between 10 percent and 50 percent in its portfolio companies. The firm seeks to invest in companies with enterprise values between NOK 4 million ($0.63 million) and NOK 200 million ($31.71 million). It prefers to take a board seat in its portfolio companies and exits its investments between five years and seven years. Fjord Invest Management AS was founded in 2001 and is based in Førde, Norway.