Fund profile / United Arab Emirates

Homegrown Ventures Fund I

Stage
Seed
Fund size
$22.8M
Focus
Consumer & Commerce and Food & Beverage
Signals
Published
Share
N°01 / About

About Homegrown Ventures Fund I

MENA's first dedicated CPG venture vehicle at $22.8M, oversubscribed. Invests in consumer packaged goods startups across MENA.

N°02 / Thesis

Investment Focus

Location / RegionUnited Arab Emirates
Funding StageSeed
Industry Focus
Consumer & Commerce
Food & Beverage

Investor Signals Profile

active

Sweet Spot

Founder-led CPG at $2–10M revenue, category disruptor, MENA/India core

CPG/FMCG
better-for-you brands
category creators
purpose-driven
clean-label

Bullish Signals

Oversubscribed: $22.8M vs $20M targetblog
5 deals closed pre-final closeblog
First dedicated CPG fund in MENAblog
Policy tailwind: UAE D33 & Saudi Vision 2030blog
14-person operator & advisor network amplifies platformwebsite
Portfolio traction: Plaay, Bambuyu, Gramiyaa, Tarwi, Pawpotswebsite
Rolling applications, founder-friendly processwebsite
9 support pillars: strategy, marketing, network, founders, org, financial, sales, ops, exitwebsite
Platform: one cheque, decades category experiencewebsite

Contrarian Signals

Only 2 core GPs, capacity risk at scaleblog
Sub-$23M fund, high concentration (15-20 bets)blog
No large follow-on reserve for breakoutsblog
Advisor/VP network reliance vs. permanent staffwebsite

Founder Do's

Hit $2–10M net revenue before raise
Show unit economics & contribution margin
Build purpose-driven, disruptive brands
Target MENA/GCC/India with global ambition
Founder-led execution in physical consumer products

Founder Don'ts

Pre-launch or heavy R&D-stage pitches
Pitch TAM slides over margin data
Underestimate distribution capability need

35 signals on Homegrown Ventures Fund I

9 bullish · 4 contrarian · 5 pitch do's · 3 don'ts · 14 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size$22.8M
Saves0
People

Key People

Nader Amiri, Ahmad Shamieh

Nader AmiriCo-Founder & General Partner
Ahmad ShamiehCo-Founder & General Partner
Imraan KarimAssociate
Bashar AjamiCommercial Director
Salvatore CaizzoneVenture Partner
Nawaf AlrajhiVenture Partner
Wael KaskasVenture Partner
Tarun SabhlokVenture Partner
Aamer SheikhVenture Partner
Najeeb HasanyVenture Partner
Hassan FakhreddineVenture Partner
Kamal TayaraVenture Partner
Ihsan JawadAdvisor
Mohamad KhachabAdvisor
N°04 / See also

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