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Work-In-Progress – With plans to launch in 2025, the Gateway Fund will focus on later-stage Iraqi startups aiming to raise their pre-series A and series A capital raise rounds. Ticket sizes will range from USD 250,000 to USD 1Million.
22 Sep 2024
In September 2024, Iraq Venture Partners (IVP) participated in ITEX Iraq 2024 by bringing several promising Iraqi startups under the umbrella of the Scale Iraq program. Scale Iraq is an investment readiness program Implemented by IVP and supported by the International Finance Corporation (IFC) in partnership with the Kingdom of the Netherlands. It aims to empower Iraqi entrepreneurs and foster innovation in the country's burgeoning tech sector.
During the event, IVP facilitated the participation of notable startups, including Dofied, Jaamila, Health 360, and Blyskit. These startups, each representing different sectors from digital logistics to health tech, showcased their innovative solutions and underscored the potential of Iraqi entrepreneurship to address local and global challenges.
Dofied: Dofied
Jaamila: جميلة.كوم (jaamila.com)
Health360: Health360 (health-360.co)
Blyskit: Home | Blyskit
IVP's efforts were recognized with an Honorary Shield for their contribution to the event and their ongoing support of the startup ecosystem in Iraq. This recognition reflects the program’s success in nurturing high-potential startups and connecting them with opportunities to grow and scale.
Scale Iraq continues to serve as a critical platform for supporting Iraqi startups, providing them with access to mentorship, investment, and international partnerships. Thus, it is paving the way for a vibrant entrepreneurial landscape in Iraq.