IM Fndng groups two Lebanese funds, IM Capital and IM Ventures (Insure and Match), with about 60 million dollars under management. Its model is different from a normal VC: it matches private investments made by approved partners and angel investors, and it can partially guarantee those investments to lower the risk for people backing early-stage Lebanese companies. IM Capital was set up as a subsidiary of the Berytech Foundation with 15 million dollars committed over five years. In 2022 IM Ventures launched a 12 million dollar fund for manufacturers and exporters under the USAID Lebanon Investment Initiative. The group also trains angel investors through its Seeders program and co-created the SpEED@BDD accelerator. Chairman and CEO Nicolas Rouhana previously ran Berytech from 2002 to 2015.
IM Fndng at a glance
- About 60 million dollars under management
- Offers matching capital and equity guarantees
- Launched a 12 million dollar export fund in 2022
- Co-created the SpEED@BDD accelerator
Who is behind IM Fndng
- Nicolas Rouhana (Chairman and CEO). Source: eban.org