Palm Ventures

Eid Mubarak from all of us at Palm Ventures. 🌙 As we conclude the holy month of Ramadan, we reflect on the values of discipline, community, and the shared vision that drives our ecosystem forward. In the spirit of Eid, we celebrate the resilience and ambition of the founders, partners, and innovators across MENA region. May this season of renewal bring you and your families peace, joy, and continued prosperity. We look forward to reconnecting after the break as we continue building the future of the region together. Wishing you a blessed and joyful Eid.

Ramadan Kareem 🌙 Wishing you and your families a blessed month filled with reflection, gratitude, and meaningful moments. May this Ramadan bring peace, clarity, and continued success to all.

2025 was an important year for Palm Ventures as we launched Palm Ventures Fund I and made eight investments across the platform. We’re deeply grateful to our investors, founders, partners, and everyone who supported us with trust, time, and honest conversations along the way. Swipe through for a look back at the year. Redwan Abudawood, Talal Aljedaibi, Ben Stein, Tony Lo, Omar Bakr, Salman Butt, Talal A.,Saleh Bin Farea, Asjid Hayat, ACA MCSI

We are pleased to welcome Tony Lo as a Venture Partner at Palm Ventures. Tony brings over two decades of global venture capital and company-building experience across the US, China, and the Middle East. He most recently served as Strategy & Operations Senior Advisor at IMPACT46 in Saudi Arabia and was previously a founding team member and COO of Sky9 Capital. Across his career, Tony has raised $1B+ from LPs and investors, built multiple ventures as a founder/CEO, and held investment roles at leading Silicon Valley firms. He holds a B.S. in Industrial Engineering from Stanford University.

We are pleased to have participated in Rewaa’s $45M Series B round, led by Wa'ed Ventures, Idrisi Ventures, and Unity Invest Partners, alongside Vision Ventures (VV), Sadu Capital, RZM Investment, Sanad Investment, and Abdulrahman Sulaiman Alrajhi & sons Co. Rewaa is building critical SME infrastructure through its cloud-based accounting and POS platform, enabling merchants across the region to digitise operations, improve visibility, and make better decisions at scale. The company’s evolution toward an AI-powered operating system strongly aligns with Palm Ventures’ thesis around AI-enabled B2B platforms that sit at the core of everyday business workflows. Founded in 2018 by Mohammed Alqasir and Abdullah Aljadhai, FRM, Rewaa represents the type of Saudi-born technology company we believe can become a regional category leader by combining strong execution, product depth, and a clear roadmap toward intelligent automation. We look forward to supporting the team in this next phase of growth.

We’re proud to lead UPFRONT’s $10M pre-seed round. An outstanding team tackling one of MENA’s biggest challenges, the $250B SMB liquidity gap. Massive congratulations to Anas Q., Abdullah Alghadouni and Mahmoud Abdel-Fattah Moursy on the milestone. https://lnkd.in/dNaeFswy

نهنئكم بحلول عيد الأضحى المبارك 🌙 عساكم من عواده، وكل عام وأنتم بخير.