Annex Investments
Abu Dhabi hybrid venture single-family office: seed to Series A investments in MENA startups, an in-house venture studio, joint ventures and market-entry advisory.
USEFUL FOR Founders · Co-investors
Family & background
- HEADQUARTERS
- Abu Dhabi, United Arab Emirates
- FOUNDED
- 2010
Investment approach
- GEOGRAPHY
- Middle East
- STAGES
- SeedSeries A
- ROUTES
- Companies (own capital)
- STRATEGIES
- Venture capitalDirect investments
Overview
Annex Investments describes itself as a hybrid venture single-family office based in Abu Dhabi, combining the patient capital of a single family office with venture investing. Its four activities are venture capital (seed to Series A in MENA startups), joint ventures and strategic partnerships (e.g. Morganti Misr in Egypt), an internal venture studio, and market-entry advisory for international companies. Its site lists about 17 venture investments, including Holo, Keyper, ClearGrid, Alma Health and DTEK (formerly Dukkantek).
Investment thesis
Backs founders with disruptive, scalable business models, strong teams and positive economic and social impact in the MENA region, prioritising investments with synergies with its joint ventures and internal ventures.
Holdings & investments (26)
- DTEK (formerly Dukkantek)Software & SaaS · Venture investment
- ClearGridFintech · Venture investment
- HoloFintech · Venture investment
- EjariReal Estate & PropTech · Venture investment
- KeyperFintech · Venture investment
- SoonerVenture investment
- VissiblVenture investment
- OvasaveHealthTech · Venture investment
- BarakahVenture investment
- Mascotte HealthHealthTech · Venture investment
- WellxHealthTech · Venture investment
- CobiVenture investment
- Lumi AIArtificial Intelligence · Venture investment
- MyneVenture investment
- eMushrifVenture investment
- Alma HealthHealthTech · Venture investment
- Carbon HealthHealthTech · Venture investment
- eMajlisVenture builder (own venture)
- AppsCoVenture builder (own venture)
- PriviCoreVenture builder (own venture)
- Mr Good GuysVenture builder (own venture)
- Lyans CreativeVenture builder (own venture)
- Annex HealthVenture builder (own venture)
- Ventures CentralVenture builder (own venture)
- LevelUp FitnessVenture builder (own venture)
- Morganti MisrJoint venture with Morganti (Egypt)
People
- Suhail Al AnsariStrategic advisor (Managing Partner & Co-Founder, Asab Investment) · source
- Ahmed Nasser Al NowaisFounder & CEO · source
- Kareem AnabtawiCo-Founder & Partner · source
- Geir Christian KarlsenCTO & Advisor · source
- Dr. Abed BenaichoucheCSO & Advisor · source
- Mohamed Wazil LiyadudeenHead of Operations · source
- Babak AhmadzadehStrategic advisor (Co-Founder, Forma) · source
- Omar Al JundiStrategic advisor (Founder & CEO, Badia Farms) · source
Frequently asked questions
Annex Investments is a single family office based in Abu Dhabi, the United Arab Emirates, founded in 2010.
Annex Investments invests its own capital into companies. Its stated asset mix includes venture capital and direct investments.
Annex Investments invests at Seed and Series A stages in Fintech, HealthTech, Software & SaaS, Artificial Intelligence and Real Estate & PropTech.
Key people at Annex Investments include Ahmed Nasser Al Nowais (Founder & CEO), Kareem Anabtawi (Co-Founder & Partner), Geir Christian Karlsen (CTO & Advisor) and Dr. Abed Benaichouche (CSO & Advisor).
Annex Investments's holdings and investments include DTEK (formerly Dukkantek), ClearGrid, Holo, Ejari, Keyper, Sooner, Vissibl and Ovasave, among others.