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Vy Capital

Asia, Dubai, United Arab Emirates, Dubai

Description

Vy Capital is a prominent global technology investment firm headquartered in Dubai, United Arab Emirates, distinguished by its unique and often contrarian approach to investing in the internet and software sectors. Unlike many traditional venture capital firms, Vy Capital typically employs a long-term, concentrated investment strategy, deploying substantial capital across various stages, from late-stage growth equity to public market opportunities. Their core focus lies in identifying and backing companies with significant disruptive potential, robust market positions, and strong leadership teams.

The firm is well-known for its highly selective investment philosophy, preferring to take meaningful stakes in a relatively small number of high-conviction companies rather than a broad portfolio. This strategy allows them to commit significant capital, with typical first checks for growth-stage companies often ranging from approximately $50 million to $400 million, reflecting their preference for substantial participation in later-stage funding rounds and pre-IPO opportunities. Their impressive and often high-profile portfolio includes some of the world's most innovative and rapidly growing technology companies, such as SpaceX, Reddit, Neuralink, and Ginkgo Bioworks, among others.

Vy Capital manages a substantial pool of capital, reportedly overseeing assets well over $5 billion. This considerable AUM enables them to participate in and often lead large funding rounds for companies poised for significant scale and market leadership. Their global reach and deep understanding of technological trends position them as a key player in the late-stage tech investment landscape, providing not just capital but also strategic support to their portfolio companies as they navigate complex growth trajectories and prepare for public market entry or significant expansion.

Investor Profile

Vy Capital has backed more than 74 startups, with 4 new investments in the last 12 months alone. The firm has led 12 rounds, about 16% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series C, Series B rounds (top funding stages).
  • Majority of deals are located in United States, India, China.
  • Strong thematic focus on Financial Services, Software, Blockchain.
  • Led 1 rounds in the past year.
  • Typical check size: $50M – $400M.

Stage Focus

  • Seed (32%)
  • Series C (18%)
  • Series B (15%)
  • Series A (11%)
  • Series D (7%)
  • Series E (5%)
  • Series F (4%)
  • Corporate Round (1%)
  • Post Ipo Equity (1%)
  • Pre Seed (1%)

Country Focus

  • United States (62%)
  • India (16%)
  • China (5%)
  • United Kingdom (4%)
  • Nigeria (4%)
  • Spain (3%)
  • France (1%)
  • Mexico (1%)
  • South Korea (1%)
  • Switzerland (1%)

Industry Focus

  • Financial Services
  • Software
  • Blockchain
  • Fintech
  • Information Technology
  • Apps
  • Cryptocurrency
  • Marketplace
  • Mobile
  • Internet
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Vy Capital frequently co-invest with?

Ribbit Capital
North America, California, United States, Palo Alto
Co-Investments: 6
Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 10
Tencent
Asia, Guangdong, China, Shenzhen
Co-Investments: 5
Valor Equity Partners
North America, Illinois, United States, Chicago
Co-Investments: 12
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 12
Craft Ventures
North America, California, United States, San Francisco
Co-Investments: 9
Social Capital
North America, California, United States, Menlo Park
Co-Investments: 5
DFJ Growth
North America, California, United States, Menlo Park
Co-Investments: 5
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 8
Founders Fund
North America, California, United States, San Francisco
Co-Investments: 5

Which angels does Vy Capital often collaborate with?

AB
North America, California, United States, Mecca
Shared Deals: 2
PB
North America, California, United States, Mountain View
Shared Deals: 2
MS
North America, California, United States, San Francisco
Shared Deals: 2
NA
North America, California, United States, Mountain View
Shared Deals: 2
SB
North America, New York, United States, New York
Shared Deals: 3
FE
North America, California, United States, San Francisco
Shared Deals: 2
Shared Deals: 1
GH
North America, New York, United States, New York
Shared Deals: 2
CC
North America, California, United States, Los Angeles
Shared Deals: 1
EG
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Vy Capital?

Neuralink

Fremont, California, United States

Neuralink is a neurotechnology company that focuses on developing brain-computer interfaces designed to treat neurological disorders.

BiotechnologyMedicalNeuroscienceRobotics
Series EMay 27, 2025
Amount Raised: $650,000,000
The Open Network Foundation

Zug, Zug, Switzerland

The Open Network Foundation is a non-profit organization founded in Switzerland in 2023.

BlockchainPayments
Initial Coin OfferingMar 20, 2025
Amount Raised: $400,000,000
Neros Technologies

Los Angeles, California, United States

Neros Technologies is a defense technology company specializing in the development and manufacturing of advanced unmanned aerial systems.

DronesIndustrial AutomationMachinery ManufacturingManufacturing
Series AMar 17, 2025
Amount Raised: $35,000,000
xAI

Burlingame, California, United States

XAI is an AI company that develops a platform to accelerate human scientific discovery.

Artificial Intelligence (AI)Generative AIInformation TechnologyMachine Learning
Series CNov 20, 2024
Amount Raised: $6,000,000,000
xAI

Burlingame, California, United States

XAI is an AI company that develops a platform to accelerate human scientific discovery.

Artificial Intelligence (AI)Generative AIInformation TechnologyMachine Learning
Series BMay 26, 2024
Amount Raised: $6,000,000,000
Pomelo

San Francisco, California, United States

Pomelo is a fintech startup combining credit and international money transfer in one unified product.

Financial ServicesFinTech
Series AApr 22, 2024
Amount Raised: $35,000,000
ZetaChain

Us, Picardie, France

ZetaChain is to create the most secure, simple, and cost-effective means to transmit value and information across blockchains and layers.

BlockchainSoftware
Series AAug 16, 2023
Amount Raised: $27,000,000
X (formerly Twitter)

San Francisco, California, United States

X is a social networking platform that allows its users to send and read microblogs.

Blogging PlatformsMortgageSocial MediaSocial NetworkWeb3
Post Ipo EquityMay 4, 2022
Amount Raised: $7,189,000,000
The Boring Company

Pflugerville, Texas, United States

The Boring Company engages in constructing underground transportation networks.

ConstructionInfrastructureTransportation
Series CApr 20, 2022
Amount Raised: $675,000,000
Counterpart

Los Angeles, California, United States

Counterpart is an insurtech startup company that works in the management liability insurance market.

Artificial Intelligence (AI)Big DataFinTechInsurTechSoftware
Series BMar 1, 2022
Amount Raised: $30,000,000