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Key people at Beltone Venture Capital.
Beltone Venture Capital provides sustainable funding to early-stage technology and tech-enabled startups across Africa and the MEA region. The firm strategically deploys capital to foster innovation and growth within developing digital ecosystems, targeting businesses with potential for scalable solutions and market disruption. It acts as a financial enabler for emerging enterprises, emphasizing long-term partnerships and strategic guidance beyond mere capital infusion.
As a specialized subsidiary of the established Beltone Holding Company, Beltone Venture Capital benefits from its parent's extensive financial services legacy. Ali Mokhtar leads the venture capital division as CEO & Managing Partner. This arm was specifically formed to address funding needs and support the burgeoning technological entrepreneurship within its target markets, building on the holding company's broad regional presence and expertise.
The firm primarily serves innovative early-stage startups requiring crucial seed and early-growth capital to scale operations and expand their market reach. Beltone Venture Capital aims to empower these businesses through active engagement and strategic support, thereby building a robust portfolio of successful tech ventures. Its long-term vision is to significantly contribute to regional economic development and technological advancement by fostering a dynamic innovation landscape.
Key people at Beltone Venture Capital.
Beltone Venture Capital has 3 tracked investments across 2 companies. The latest tracked deal is $1.0M Seed in Bluworks.io in November 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 22, 2025 | Bluworks.io | $1.0M Seed | Bassem Raafat, Acasia Ventures, Beltone Venture Capital, Abdelrahman Hassan | — |
| Oct 20, 2025 | SehaTech | $1.1M Seed | Maya Horgan Famodu | A15, Plus VC |
| Sep 8, 2023 | SehaTech | $850K Other Equity | A15, Beltone Venture Capital | — |