Casablanca-based African focused seed investment fund Outlierz Ventures is set to represent Morocco at the Middle East and North Africa’s (MENA) first TechCrunch Startup Battlefield.
Outlierz Ventures founder and managing partner Kenza Lahlou (pictured above) is among the confirmed main-stage speakers set to attend the event taking place in Beirut, Lebanon on 3 October.
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The venture capital (VC) fund, which Lahlou founded last year, invests ticket sizes ranging between $50 000 and $200 000 in tech-enabled companies solving a real problem in a key sector with an innovative approach and a scalable business model.
At least two African VCs, Fla6Labs Cairo and Outlierz Ventures are set to attend MENA’s first TechCrunch Startup Battlefield event
Outlierz Ventures also participates in follow-on funding rounds. So far this year, the VC has participated in two major funding rounds. The first in April involved Asoko Insight’s $3.6-million Series-A round, while the second, in July, was Sokowatch’s $2-million seed round.
Read more: Kenyan B2B ecommerce platform Sokowatch raises $2m in seed funding
Another African-based VC, Flat6Labs Cairo, is also set to attend TechCrunch Startup Battlefield MENA. The event, which is run by US tech publication TechCrunch, aims to bring together the key players in a region’s entrepreneurial scene. The event also showcases the best entrepreneurs.
Since its launch in 2007, 763 startups have participated in the programme and have raised over $8-billion, while 100 have been acquired or have gone public.
The first edition of the Sub-Saharan chapter took place last year in Nairobi. This year, Beirut will host its first edition for the MENA chapter to highlight 15 of the hottest startups from across the region.
Featured image: Outlierz Ventures founder and managing partner Kenza Lahlou (Supplied)