About Kafalat iSME Programme
Kafalat iSME Programme, an accelerator and incubator program founded in 2015, is based in Beirut, Lebanon. With a presence in 11 countries, it has supported around 103 startups in sectors like Consumer, Enterprise Applications. As of Oct 2026, Kafalat iSME Programme has witnessed 5 portfolio exits. Most notable companies in
its portfolio include FADEL, NAR and MeaCor. The program primarily supports Grant (prize money) startups based in Lebanon. Its latest investment was a $1.2M Seed round in Basma on Jan 27, 2020, which also saw participation from B&Y Venture Partners and Cedar Mundi Ventures.
Kafalat iSME Programme's List of Top Investments
Kafalat iSME Programme has a portfolio of 103 companies. Their most notable investments are in Kamkalima and Kamkalima.Their portfolio spans across Lebanon, United States, United Arab Emirates and 8 more locations. They have invested in Consumer, Enterprise Applications, Retail and 25 other sectors, across stages such as Grant (prize money), Seed and 2 more. Here is the list of top investments by Kafalat iSME Programme:1. FADEL
Fadel provides Intellectual Property Management and Rights & Royalties solutions for Media, Entertainment, Publishing and High-Tech companies.Throughout the entire deal lifecycle, it allows users to streamline processes and automate workflows to improve contract management, versioning and the approfval process. IPM Suite also automates royalty tracking and processing across the IP licensing lifecycle – from negotiation to payment. Pricing starts from $2000/month for upto 25000 assets.
Key facts about FADEL
- Founded Year: 2003
- Location: New York City (United States)
- Stage: Public
- Employee Count: 208 as on Sep 30, 2026
- Investors: B&Y Venture Partners, Middle East Venture Partners and 1 Other
- Latest Funding Round: Series B, Jan 02, 2019, $*****
- Highlight: Public
2. NAR
Acquire premium domains with flexible payment options and secure transactions. This platform facilitates the purchase of domain names, offering options like outright purchase and lease-to-own. It ensures secure transactions with buyer protection programs and fast, easy transfers. Flexible payment methods are available to suit various budgets. The service prioritizes a seamless experience, allowing immediate domain usage with full ownership upon completion of payments. It's a marketplace connecting buyers and sellers in the digital asset space, providing a secure and reliable environment for domain acquisition.
Key facts about NAR
- Founded Year: 2015
- Location: Wilmington (United States)
- Stage: Acquired
- Total Funding till date: $30K
- Employee Count: 99 as on Aug 31, 2026
- Investors: Kafalat iSME Programme and Speed@BDD
- Latest Funding Round: Seed, Apr 01, 2017, $*****
- Highlight: Acquired
3. MeaCor
MeaCor is developing a transcatheter heart valve repair device to treat valvular disease.
Key facts about MeaCor
- Founded Year: 2015
- Location: Montreal (Canada)
- Stage: Series A
- Total Funding till date: $15M
- Employee Count: 9 as on Sep 30, 2026
- Investors: MedTech Innovator, Middle East Venture Partners and 4 Others
- Latest Funding Round: Series A, May 14, 2024, $*****
- Highlight: Editors' Pick
4. SerVme
SerVme offers online SaaS-based customer engagement solutions for restaurants. It collects, stores, and analyzes data about the diners. The offered solutions include recording reservations instantaneously by connecting to the mobile and land network as well as SerVme’s user app, partnering with POS to automate tasks such as recording transactions data and order history of each customer, targeted marketed for customer engagement, identifying customer patterns, customized reports. Some of its clients include Liza, Prune, Lux, Toto, Fred Bistro etc. The app is available for Android and IOS.
Key facts about SerVme
- Founded Year: 2015
- Location: Dubai (United Arab Emirates)
- Stage: Seed
- Employee Count: 32 as on Sep 30, 2026
- Investors: B&Y Venture Partners, AccelerAsia and 3 Others
- Latest Funding Round: Seed, $*****
5. Kamkalima
KM Kalima offers an online learning platform for language schools. Allows students to develop writing and communication skills in Arabic. Utilizes state-of-the-art technology to provide analysis of data related to the education model and students.
Key facts about Kamkalima
- Founded Year: 2014
- Location: Beirut (Lebanon)
- Stage: Series A
- Total Funding till date: $2M
- Employee Count: 44 as on Sep 30, 2026
- Investors: Phoenician VC, Hub71 and 4 Others
- Latest Funding Round: Series A, Nov 07, 2018, $*****
- Highlight: Editors' Pick
Kafalat iSME Programme's Year-on-Year Investment Trends
Kafalat iSME Programme has invested in 103 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Basma and most recent follow-on round was in Kamkalima.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 1 | 0 | 1 |
2019 | 2 | 0 | 2 |
2018 | 2 | 1 | 3 |
2017 | 2 | 0 | 2 |
Kafalat iSME Programme's Investments by Stage
Kafalat iSME Programme has made 6 investments in Grant (prize money) stage with an average round size of $15K, 2 investments in Seed stage with an average round size of $800K, 1 investment in Series A stage with an average round size of $2.6M and 1 investment in Series B stage.Stage of entry | No. of Investments |
|---|---|
Grant (prize money) | 6 |
Seed | 2 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Kafalat iSME Programme's Investments by Sector
Kafalat iSME Programme has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, EdTech, Gig Economy and Travel and Hospitality Tech. Notably, it has invested in 61 Tech companies, 46 Consumer (B2C) companies, 33 Enterprise (B2B) companies and at least 29 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 3 |
Enterprise Applications | 3 |
EdTech | 2 |
Gig Economy | 2 |
Travel and Hospitality Tech | 2 |
Others | 13 |
Note: We have considered here, only first round of investments
Kafalat iSME Programme's Investments by Geography
Kafalat iSME Programme has made most investments in Lebanon (6), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Lebanon | 6 |
United States | 2 |
China | 1 |
Sweden | 1 |
Note: We have considered here, only first round of investments
Kafalat iSME Programme's recent investments
Kafalat iSME Programme has not made any investment in 2026 so far.Here are the most recent investments by Kafalat iSME Programme:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 27, 2020 | Lebanon | Seed | 8858 | [+1] | |
Jan 02, 2019 | United States | Series B | 8259 | ||
2019 | Sweden | Grant (prize money) | 5451 | - | |
Nov 07, 2018 | Lebanon | Series A | 6110 | [+1] | |
2018 | Lebanon | Grant (prize money) | 8645 | - |
IPOs and Publicly Listed companies in Kafalat iSME Programme's Portfolio
2 of Kafalat iSME Programme's portfolio companies have become public. FADEL got listed on the London Stock Exchange (LSE), in Apr 2023 at marketcap of £36M.Here are Kafalat iSME Programme's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 06, 2023 | Jan 02, 2019 | Series B | 6339 | |
- | - | - | 7684 |
Acquired companies in Kafalat iSME Programme's Portfolio
3 companies from Kafalat iSME Programme's portfolio have been acquired. The most recent acquisition was Augmental in May 2024 by CME for $*****.Here are Kafalat iSME Programme's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 23, 2024 | - | - | 6420 | |
Feb 03, 2021 | - | - | 1516 | |
Aug 04, 2020 | - | - | 4403 |
Co-investors of Kafalat iSME Programme
Over the past 10 years, 14 investors have co-invested in Kafalat iSME Programme's portfolio companies. This includes funds and angels.
- Invested before Kafalat iSME Programme: Flat6Labs, Middle East Venture Partners and 1 other have invested in rounds before Kafalat iSME Programme. There are 2 companies where Flat6Labs has invested before Kafalat iSME Programme and 1 company where Middle East Venture Partners has invested before Kafalat iSME Programme.
- Top Co-investors of Kafalat iSME Programme: 5 investors entered a company along with Kafalat iSME Programme. These include investors like B&Y Venture Partners (2 companies).
- Invested after Kafalat iSME Programme: A total of 6 investors have invested in Kafalat iSME Programme's portfolio after their investments. Top Investors include Phoenician VC (2 companies) and Tarek Jallad (1 company).
Recent News related to Kafalat iSME Programme
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Ecomz announces a $4M Series-A round to expand their ecommerce management platformEcomz•Jun 22, 2022•Ecomz, Cedar Mundi Ventures, Kafalat iSME Programme, BLC Bank
•
Lebanon’s Kamkalima raises $1.5 million Series A to make learning Arabic fun for school studentsMENAbytes•Nov 07, 2018•Kamkalima, Phoenician Funds, Kafalat iSME Programme, IM Capital and 1 other
