Скачать или смотреть IM Ventures Announces the Save Our Startups (SOS) Fund under USAID Lebanon Investment Initiative

Insure and Match Ventures (IM Ventures) celebrated the official announcement of investments made by the Save Our Startups (SOS) Fund under the Lebanon Investment Initiative (LII), a $38 million program funded by the United States Agency for International Development (USAID).

The SOS Fund is the first high-growth investment vehicle created under USAID’s Lebanon Investment Initiative to support the startups and the overall investment ecosystem during the current economic crisis in Lebanon. This $12 million fund gathered 20 private and institutional investors, including Middle East Venture Partners (MEVP), Phoenician Funds, BY Venture Partners, Cedar Mundi, IM Ventures, and IM Capital.

The SOS Fund invested in 11 Lebanese startups in the ICT sector, with sustainable and scalable business models geared towards growth, increased employment, and more importantly export.