e& capital
Overview
e& capital is the investment pillar of e& (formerly Etisalat Group), a global technology and investment conglomerate. It operates a USD 250 million venture capital fund with a strategic mandate to invest in companies shaping the future of key verticals relevant to the e& Group. Its goal is to act as a bridge between the MENA region and the rest of the world, backing tech disruptors from MENA to scale internationally, while also supporting international innovators entering the MENA market. The firm primarily invests in Series A and B companies.
Portfolio Companies
17
Website
eand.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Airalo | Aug 2023 | Series B | Lead |
| Ikigai Labs | Aug 2023 | Series A | Co-investor |
| VUZ | Oct 2022 | Series B | Co-investor |
| Qlub | Jul 2025 | Series B | Co-investor |
| Nawy | May 2025 | Series A | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is e& capital based?
e& capital is headquartered in United Arab Emirates.
When was e& capital founded?
Founding year information for e& capital is not publicly available.
How many portfolio companies does e& capital have?
e& capital has 17 portfolio companies in Caplight's dataset.
What are some companies in e& capital's portfolio?
Portfolio companies visible on Caplight include Airalo, Ikigai Labs, VUZ, Qlub, Nawy.
What was e& capital's most recent investment shown here?
e& capital's most recent investment in this portfolio sample was in Qlub in 2025.
What sectors does e& capital focus on?
e& capital focuses on Telecommunications & Networking, Consumer & Commerce, Real Estate & PropTech, Media, Entertainment & Gaming, Telecommunications & Networking, FinTech, Consumer & Commerce, FinTech, AI, Data & Cloud Infrastructure, Mobility, Transportation & Logistics, Consumer & Commerce, AI, Data & Cloud Infrastructure, Cybersecurity, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Crypto & Web3, Enterprise Software, Consumer & Commerce, Enterprise Software, Media, Entertainment & Gaming, FinTech, FinTech, Enterprise Software, Enterprise Software, Enterprise Software, Mobility, Transportation & Logistics, Enterprise Software, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Consumer & Commerce, Energy & Sustainability, Consumer & Commerce, FinTech.
What company stages does e& capital focus on?
e& capital typically invests at the Early stage.
What is e& capital's AUM?
e& capital's assets under management are estimated between $250.0M and $250.0M.