About FHS Capital
FHS Capital is a venture capital firm founded in 2012. It is primarily based out of Dubai, United Arab Emirates. As of Sep 2023, FHS Capital has invested in 21 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Blockchain Technology and FinTech. Most recently it participated in the $***** Seed round of Homecare Hub Overall, FHS Capital portfolio has seen 2 IPOs and 1 acquisition, namely Beyond Oil and Crypto 1 Acquisition. A lot of funds co-invest with FHS Capital, with names like VN2 Capital sharing a substantial percentage of its portfolio. FHS Capital has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio IPOs
Portfolio Acquisitions
FHS Capital's List of Top Investments
FHS Capital has a portfolio of 21 companies. Their most notable investments are in QM Labs and Flyby.Their portfolio spans across United States, Canada, United Arab Emirates and 4 more locations. They have invested in High Tech, Blockchain Technology, FinTech and 16 other sectors, across stages such as Seed stage. Here is the list of top investments by FHS Capital:
Provider of satellite manufacturing, launch services, and cloud data constellations. The company offers end-to-end solutions for deploying assets into space. It focuses on providing access to space technology and data. The company designs space transportation systems and adheres to supply chain guidelines.
Key facts about Phantom Space
- Founded Year: 2019
- Location: Tucson (United States)
- Stage: Series A
- Total Funding till date: $37M
- Employee Count: 29 as on Jul 01, 2024
- Investors: Shift, Channel Capital and 6 Others
- Latest Funding Round: Series A, Mar 11, 2024, $*****
- Highlight: Editors' Pick
2. Neurable
Developer of brain-computer interface technology for everyday devices. This technology allows users to interact with devices using brain signals. The company's offerings integrate seamlessly into existing devices, enhancing user experience and providing capabilities for focus tracking and fatigue prevention. The technology is designed for broad accessibility, extending beyond research applications to everyday use. Future applications are envisioned in wellness and clinical diagnostics.
Key facts about Neurable
- Founded Year: 2015
- Location: Boston (United States)
- Stage: Series A
- Total Funding till date: $56.6M
- Employee Count: 27 as on Jul 01, 2024
- Investors: FCVC, Accomplice and 14 Others
- Latest Funding Round: Series A, Dec 19, 2025, $*****
- Highlight: Editors' Pick
3. Fasset
Blockchain-based platform to buy and sell crypto assets and tokens. Users are allowed to purchase cryptocurrencies and real-asset tokens with their local currency on the platform. Users need to verify their identity, choose a payment method, and start exploring and buying.
Key facts about Fasset
- Founded Year: 2019
- Location: Dubai (United Arab Emirates)
- Stage: Series A
- Total Funding till date: $22M
- Employee Count: 95 as on Jan 31, 2021
- Investors: Liberty City Ventures, Soma Capital and 5 Others
- Latest Funding Round: Series A, Apr 21, 2022, $*****
- Highlight: Editors' Pick
4. Beyond Oil
Key facts about Beyond Oil
- Founded Year: 2018
- Location: Kibbutz Gaton (Israel)
- Stage: Public
- Employee Count: 6 as on Jul 01, 2024
- Investors: Clal Insurance, FHS Capital and 2 Others
- Latest Funding Round: Post IPO, May 21, 2025, $*****
- Highlight: Public
5. Flyby
Offers a cloud-based platform providing last-mile delivery services. The company is a Dubai-based smart delivery box and mobile digital out-of-home (OOH) advertising startup. It is a platform connecting last-mile delivery with digital out-of-home advertising. It turns delivery bikes into cloud-enabled digital billboards.
Key facts about Flyby
- Founded Year: 2020
- Location: Dubai (United Arab Emirates)
- Stage: Seed
- Total Funding till date: $1M
- Employee Count: 1 - 10 as on Jul 01, 2024
- Investors: FHS Capital and 1 Other
- Latest Funding Round: Seed, Jan 15, 2023, $*****
FHS Capital's Year-on-Year Investment Trends
FHS Capital has invested in 21 companies over the last 4 years, with an average of 0 new investment annually in the last 3 years. Its most recent first time investment was in Homecare Hub.FHS Capital's Investments by Stage
FHS Capital has made 8 investments in Seed stage with an average round size of $1.21M.FHS Capital's Investments by Sector
FHS Capital has a diverse portfolio, with companies operating in the Blockchain Technology, High Tech, Blockchain - Industry Applications, FinTech and Consumer. Notably, it has invested in 14 Tech companies, 12 Enterprise (B2B) companies, 10 Consumer (B2C) companies and at least 8 companies focusing on Blockchain.Sector | No. of Investments |
|---|---|
Blockchain Technology | 5 |
High Tech | 5 |
Blockchain - Industry Applications | 4 |
FinTech | 4 |
Consumer | 3 |
Others | 11 |
Note: We have considered here, only first round of investments
FHS Capital's Investments by Geography
FHS Capital has made most investments in United States (3), followed by United Arab Emirates where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 3 |
United Arab Emirates | 2 |
Canada | 1 |
Netherlands | 1 |
Note: We have considered here, only first round of investments
FHS Capital's recent investments
FHS Capital has not made any investment in 2026 so far.Here are the most recent investments by FHS Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 29, 2023 | United States | Seed | 7081 | [+4] | |
Feb 28, 2023 | Netherlands | Seed | 2467 | [+1] | |
Jan 15, 2023 | United Arab Emirates | Seed | 7924 | ||
Aug 02, 2022 | United Arab Emirates | Seed | 3237 | - | |
May 21, 2022 | - | Seed | 6985 | - |
IPOs and Publicly Listed companies in FHS Capital's Portfolio
2 of FHS Capital's portfolio companies have become public. Beyond Oil got listed on the Canadian Securities Exchange (CSE), in May 2022 at marketcap of $29.1M and Crypto 1 Acquisition got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $250M.Here are FHS Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 25, 2022 | - | - | 9833 | |
Dec 07, 2021 | - | - | 1313 |
Acquired companies in FHS Capital's Portfolio
1 company from FHS Capital's portfolio has been acquired. The most recent acquisition was QM Labs in May 2024 by Playbook for $*****.Here are FHS Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 02, 2024 | Aug 02, 2022 | Seed | 1750 |
Team profile of FHS Capital
FHS Capital has a team of 2 members including 2 Partners located in Canada and United Arab Emirates. FHS Capital's team does not sit on the board of any company as of now.Co-investors of FHS Capital
Over the past 4 years, 11 investors have co-invested in FHS Capital's portfolio companies. This includes funds and angels.
- Top Co-investors of FHS Capital: 11 investors entered a company along with FHS Capital. These include investors like VN2 Capital (1 company).
