Next Billion Capital Partners
Overview
Next Billion Capital Partners is a private equity firm that invests in growth-stage companies in the financial services, insurance, and healthcare sectors across global emerging markets.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Bazaar Technologies | Aug 2021 | Series A | Co-investor |
| BHub | Nov 2025 | Series B Extension | Lead |
| Morada Uno | Sep 2021 | Seed | Co-investor |
| Trella | Jun 2021 | Debt | Co-investor |
| Sekilo | Sep 2021 | Early Funding | Co-investor |
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Key People
MUHAMMAD HISYAM ALFALAQ
Founding Partner
Ken Toyoda
Managing Partner
Cikü Mugambi
Venture Partner
Khaled Talhouni
Venture Partner
Stevon D. Darling
Venture Partner
Tiang Lim Foo
Venture Partner
Falgu Shah
Partner
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Next Billion Capital Partners based?
Next Billion Capital Partners is headquartered in Washington D.C., United States.
When was Next Billion Capital Partners founded?
Next Billion Capital Partners was founded in 2019.
How many portfolio companies does Next Billion Capital Partners have?
Next Billion Capital Partners has 8 portfolio companies in Caplight's dataset.
What are some companies in Next Billion Capital Partners's portfolio?
Portfolio companies visible on Caplight include Bazaar Technologies, BHub, Morada Uno, Trella, Sekilo.
What was Next Billion Capital Partners's most recent investment shown here?
Next Billion Capital Partners's most recent investment in this portfolio sample was in BHub in 2025.
What sectors does Next Billion Capital Partners focus on?
Next Billion Capital Partners focuses on Mobility, Transportation & Logistics, FinTech, Real Estate & PropTech, Consumer & Commerce, FinTech, Real Estate & PropTech, FinTech, Consumer & Commerce, FinTech, FinTech, Enterprise Software, Enterprise Software, FinTech, Frontier & Industrial Tech, Enterprise Software, Enterprise Software.
What company stages does Next Billion Capital Partners focus on?
Next Billion Capital Partners typically invests at the Early stage.
What is Next Billion Capital Partners's AUM?
Next Billion Capital Partners's assets under management are estimated between $50.0M and $100.0M.