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Venture capital fund and venture builder investing in and co-building tech startups in Iraq, focused on fintech, e-commerce, and logistics.
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EQIQ Ventures is a venture capital fund and venture builder, solely focused on Iraq’s technology sector. Headquartered in Abu Dhabi Global Market, the firm employs a hybrid model, providing capital investment and operational support to early-stage tech startups. Its core mission is empowering these ventures to scale efficiently within the Iraqi market.
Founded in 2022 by Mohamed Al-Hakim and Said Rahmani, EQIQ Ventures addressed a critical investment gap in Iraq’s tech landscape. Al-Hakim leveraged his experience launching Careem in Iraq; Rahmani, a British serial entrepreneur, invested in major MENA ventures. This expertise underpins their strategic market approach.
The firm supports diverse tech startups across Iraq, acting as a vital growth partner. EQIQ’s vision centers on accelerating Iraq's digital economy, fostering its first wave of tech champions. The company seeks local success and regional expansion for its portfolio, establishing Iraq as a significant innovation hub.
EQIQ Ventures has 1 tracked investment across 1 company. The latest tracked deal is $150K Pre-Seed in Wayl in May 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 27, 2025 | Wayl | $150K Pre-Seed | EQIQ Ventures | — |