$5 million angel fund
launched by B&Y and others

Targeting AI, Fintech, SaaS, and high-tech

B&Y Venture Partners has launched the Lebanon Angel Investment Network (LAIN), a fund to bolster the early-stage startup ecosystem. This collaborative initiative brings together regional and global organizations including Endeavor, LEBNET, Beirut Digital District (BDD), RAZOR Capital, and IM Fndng.

The fund aims to bridge the critical funding gap for local entrepreneurs by providing “smart money” and mentorship during the high-risk early stages of business development.

Fund structure and strategy
LAIN is structured to attract a broad base of private investors while maintaining institutional-grade management standards. The key terms of the fund include:
Target Fund Size: $5 million
Minimum LP Commitment: $25,000, making angel investing more accessible to individual professionals and successful entrepreneurs
Investment Period: A deployment window of up to 4 years
Domicile: The fund is domiciled in Luxembourg, providing a stable and internationally recognized legal framework for investors
Fees: A management fee of two percent, a one-time set-up fee of 1.5 percent, and a performance-based carried interest of 20 percent

Multi-stakeholder alliance
The launch represents a unified front for the tech scene. B&Y Venture Partners, based in the Beirut Digital District, brings its experience managing a global portfolio of over 90 companies. They are joined by:
Endeavor Lebanon: Providing high-impact entrepreneurs with access to a global network of mentors.
LEBNET: Leveraging the expertise of the Lebanese diaspora in North America’s tech industry.
Beirut Digital District: Serving as the physical and community hub for the network’s operations.
IM Fndng: Utilizing their expertise in managing syndicated business angel programs to ensure rigorous due diligence and training for new investors.

Boosting the ‘Knowledge Economy’
The network's primary focus is on the knowledge economy, targeting startups in Artificial Intelligence (AI), Fintech, SaaS, and high-tech manufacturing. LAIN has ensured that it has the immediate capital readiness by requiring a single upfront commitment from its Limited Partners (LPs).