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e& capital

UAECorporate VC

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Location

UAE

Investment stages

Series ASeries B+Growth

Fund type

Corporate VC

Check size

Not publicly disclosed

About

e& capital is the venture capital arm of UAE telecom and technology group e&, investing an average of $5–30 million per deal in Series A–B companies across connectivity/IoT, fintech, edtech, SME/enterprise SaaS, ad-tech, AI/ML and cybersecurity, with a mandate to bridge MENA and global technology. The firm holds roughly $500 million in total AUM/commitments and is led by Managing Director Kushal Shah, Head of CVC at e&, with Eddy Farhat as Executive Director. Its portfolio includes Airalo, Breadfast, Qlub, Derq and Traydstream. In April 2026, e& capital joined a $10 million post-quantum security funding round for MagicCube alongside Verifone, Bold Capital Partners and Mosaik Partners.

Founded
GCC relevance
Core GCC
How to reach out
See official website

Recent activity: Joined MagicCube's $10 million post-quantum security funding round, announced April 2026. · source

Sector focus

Deep Tech & AI

Notable portfolio

AiraloBreadfastQlubDerqTraydstreamNawy

Key people

Kushal Shah

Managing Director / Head of CVC

Eddy Farhat

Executive Director

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