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Key people at EQ2 Ventures.
EQ2 Ventures was founded in 2015 by Patrick Thiriet (CEO & Founder).
EQ2 Ventures operates as an evergreen venture capital firm, deploying capital and strategic guidance into early-stage technology companies. It focuses primarily on Seed to Series B investments across the dynamic markets of the Middle East, North Africa, and Sub-Saharan Africa. The firm's distinctive approach involves providing patient, long-term capital to foster sustainable growth within its portfolio, emphasizing sectors like fintech, e-commerce, and artificial intelligence.
The firm originated from Equitrust, the corporate venture capital arm of Dubai-based Choueiri Group, which was established in 2015. EQ2 Ventures formally spun off as an independent entity in 2020, with Patrick Thiriet serving as its CEO. This transition was driven by the insight to establish a dedicated, evergreen investment vehicle capable of providing more flexible and sustained support to nascent companies beyond typical fund cycles.
EQ2 Ventures serves innovative startups seeking foundational and growth capital, offering them more than just funding but also strategic partnership through their investment lifecycle. The firm’s long-term vision centers on cultivating the entrepreneurial ecosystems across MENA and Africa, aiming to empower regional founders and accelerate the development of transformative technologies and business models.
EQ2 Ventures was founded in 2015 by Patrick Thiriet (CEO & Founder).
Key people at EQ2 Ventures.
EQ2 Ventures has 8 tracked investments across 7 companies. The latest tracked deal is $24.0M Series A in Tern Group in September 2025.