Speedinvest's First MEA Fund Lands With Gulf Anchors

Speedinvest , the Vienna-based European venture capital firm, has launched its first dedicated fund for the Middle East and Africa, anchored by Mubadala , the Qatar Investment Authority , and EIB Global , according to a report by Wamda published on April 28. The vehicle is the firm's first regional fund targeting MEA specifically. Speedinvest has previously backed founders in the region through its broader European mandates, but this gives the firm dedicated regional coverage and a thesis built around MEA dynamics. Why Beirut Sits Inside the Target Lebanese founders have historically over-indexed in Speedinvest's regional pipeline, particularly across fintech, software, and consumer technology categories that scale between Europe and the Gulf. The new fund is open to Lebanese teams building cross-border, giving them a more direct channel to capital backed by two of the largest sovereign pools in the Gulf and a major European public lender. That matters because Lebanese founders have spent several years stitching together capital from a patchwork of Gulf family offices, regional funds, and European angels. A single fund anchored by Mubadala, QIA, and EIB Global compresses that fundraising path. The Anchor Investors Mubadala is one of Abu Dhabi's primary sovereign wealth vehicles and has been a consistent limited partner in venture capital funds globally. QIA , Qatar's sovereign wealth fund, has steadily expanded its venture exposure in recent years. EIB Global is the external lending arm of the European Investment Bank, with a mandate that includes development finance across the Middle East and North Africa. Pairing Gulf sovereign capital with a European development institution inside a single venture vehicle is uncommon. It reflects a coordinated push to fund MEA tech at a time when several standalone regional VCs have been tightening cheque sizes and slowing deployment. What Lebanese Founders Should Expect For founders considering the fund, the practical lens is st