Berytech Fund: Nurturing Innovation

Led by Maroun Chammas and Sami Beydoun, Berytech Fund makes venture capital and equity-related investments in start-up information, communication & technology (ICT) portfolio companies in Lebanon. The Fund believes it is uniquely positioned to make profitable investments in innovative, technology-based start-up ventures in Lebanon for the following reasons: (1) priority access to innovative start-up companies in Lebanon, through its affiliation with the Berytech poles, (2) access, through its network of relations, to further funding opportunities, (3) Berytech's unique knowledge of the companies and (4) direct focus on innovative ICT startups. In addition to the above the fund believes it has a distinct advantage due to its (1) coherent investment policies and processes structured around adherence to specific investment criteria, (2) emphasis on value creation through involvement in Portfolio Company operations and (3) execution of carefully constructed, financially beneficial exit strategies. Berytech first fund invested in the following startups:

Date	Product - Service
Edulab	2009 Mar	E-education content
Act. Ident	2010 Jan	High tech RFID solutions
Dermandar	2010 Sep	Imaging technologies for mobile apps
ElementN	2010 Nov	Operators and cloud computing solution
Bsynchro	2011 Dec	Software solutions for insurance companies
Butterfly.	2011 Nov	Waterproof heartrate and medical detection devices
Wext	2012 Jan	Mobile messaging solutions
Yalla Play	2012 Feb	Online gaming
Sign.Al	2012 Mar	Mobile applications specialized for journalism
Wixel	2012 May	Online gaming
CardioDiagnsotics	2012 Nov	Remote and connected heart monitoring devices
Cook&Eat	2012 Nov	Cooking centered mobile apps and web platforms
Mistile	2012 Nov	Luxury e-commerce web platform
ProBueno	2012 Oct	Volunteering web platform
PayPlug	2012 Oct	Mobile payment solutions