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Berytech Fund operates as a venture capital entity, deploying capital into early to growth-stage Lebanese small and medium-sized enterprises. Its funds, like Berytech Fund II, target high-growth, high-human-value companies within the knowledge economy. Investments focus on Information & Communication Technology, digital content, industrial and fashion design, and renewable energies.
Berytech, the fund's parent organization, was founded by Maroun N. Chammas in 2002. His insight was to cultivate a dynamic environment for Lebanese startups and SMEs, fostering innovation and entrepreneurship. This commitment underpins the fund initiatives, providing critical support for local entrepreneurs.
The funds serve innovative Lebanese enterprises seeking to scale within the knowledge economy. Berytech Fund’s vision empowers entrepreneurs to transform pioneering concepts into successful ventures. It strengthens Lebanon's entrepreneurial ecosystem through essential capital and strategic guidance, driving sustainable economic progress.
Berytech Fund has 2 tracked investments across 1 company. The latest tracked deal is $5.0M Series A in scriptr.io in March 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 14, 2017 | scriptr.io | $5.0M Series A | Walid Mansour | Endeavor Catalyst |
| Feb 10, 2016 | scriptr.io | $4.0M Series A | Berytech Fund, Insure & Match Capital, Walid Mansour | — |