Zriwe Enterprises
Venture building

Where new brands are built and backed.

Zriwe Ventures is the venture-building arm of Zriwe Enterprises. It builds new brands inside the ecosystem, supports founders from outside the group, and prepares every company for outside investment on clear terms.

Pitch a ventureSee how it works
2Brands in the Studio
2Tracks: internal and external
4Stages on each track
8Readiness checks before an outside raise
The model

Two tracks, one standard.

Every venture follows a defined path with clear gates. Zriwe’s own brands are built in the Venture Studio. Founders from outside the group join through the external track. Both end at the same Investment Committee standard.

Track A: Internal brands

Zriwe Enterprises brands are Studio companies. Each is held in its own NewCo, and outside investors buy shares in the NewCo, never in the holding company.

  • Venture Studio build, from concept to launch
  • Zriwe holds 70% to 100% at the start
  • Zriwe holds 50% to 70% after Series A
  • Design rule: Zriwe stays above 50% through Series A

Track B: External startups

For founders outside the group. Zriwe supports them in stages, and equity is taken only within stated bands.

  • Incubator: 0% to 10% service equity
  • Studio services: paid for under arm’s-length terms
  • Sandbox: 0% equity during the pilot
  • CVC: 5% to 20% cumulative stake
Track A

Internal brands: the Venture Studio.

Four stages take a Zriwe brand from concept to an outside raise.

Concept and NewCo formation

The brand is incorporated as its own NewCo, wholly owned by Zriwe Enterprises, with brand name, code and data assigned to it.

Studio build

Studio services are delivered under arm’s-length agreements with a billing cap. Management equity or an ESOP is created, with vesting.

Sandbox validation

The brand is proven with real clients under an arm’s-length Sandbox contract and measured against pilot KPIs.

Outside raise

Once every readiness check and gate is met, outside investors are invited to buy shares in the NewCo.

Track B

External startups: from Incubator to CVC.

Four stages for founders outside the group. Studio, Sandbox and CVC apply only to external founders.

Incubator

Early support for the founding team and concept. Service equity of 0% to 10%.

Studio services

Build and operating services from the Zriwe Studio, priced at arm’s length.

Sandbox

A live pilot with a Zriwe brand and its clients. 0% equity during the pilot.

CVC

Zriwe corporate venture capital invests, taking a cumulative stake of 5% to 20%.

In the Studio now

Zaazio and Zriwex.

Two new Zriwe brands are being built through the Studio, each beside an established sister brand. Both are at Stage 1, concept and NewCo formation.

Zaazio

Creative & Digital, built alongside Zrandix. Stage 1 of 4: concept and NewCo formation.

Zriwex

Infrastructure & OPEX, built alongside Papizur. Stage 1 of 4: concept and NewCo formation.

See the brands

Raise readiness

Eight things in place before investors are approached.

No NewCo opens an outside round until every item is complete.

1. Own entity

The brand is incorporated as its own NewCo, wholly owned by Zriwe Enterprises.

2. Assets assigned

Brand name, code and data are assigned to the NewCo.

3. Brand licence

The master Zriwe brand is licensed to the NewCo for a stated fee.

4. Arm’s-length services

Studio services run under arm’s-length agreements with a billing cap.

5. Management equity

Management equity or an ESOP is created, with vesting.

6. Board plan

Zriwe holds two of five board seats, with an independent director.

7. Investor rights

Reserved matters, pre-emption, anti-dilution, information, tag and drag rights are drafted.

8. Jurisdiction and consolidation

Entity jurisdiction and the IFRS 10 consolidation memo are approved by counsel and auditors.

How we decide

The Investment Committee scorecard.

The same scorecard applies to internal brands before an outside raise and to external startups before CVC. Hard gates must all pass before the score counts.

Six hard gates

  • Production readiness, with security review passed
  • Clean cap table and IP assignment
  • Arm’s-length Sandbox contract, one full term
  • Paying or signed non-group customer
  • Studio SLA closed out, with no disputed invoices
  • Legal and tax clearance

Score and outcome

Score out of 100Outcome
80 and aboveApprove: proceed to term sheet and tranche structuring
65 to 79Conditional: approve with conditions or defer one quarter
50 to 64Extend Sandbox or Studio support, with no cash investment
Below 50Wind-down or exit, preserving earned equity and IP licences

Weighted criteria

Each criterion is scored from 1 to 5 and weighted. Weights total 100.

AreaCriterionWeight
MarketExternal revenue quality10
MarketMarket size and expansion path8
MarketCompetitive position7
SandboxPilot KPI attainment10
SandboxUnit economics10
TechnologyArchitecture and scalability8
TechnologyProprietary advantage7
TechnologyIndependence from the Zriwe platform5
TeamFounder strength and completeness10
TeamCommercial leadership6
TeamGovernance readiness4
DealValuation and terms6
DealStrategic value to the group5
DealExit and return path4
Outside capital

Vehicles for investors.

Outside capital comes in through structured vehicles, never through Zriwe Enterprises itself. Commitments are drawn through capital calls, pro rata to each investor’s commitment.

Co-investment SPV

A special purpose vehicle for co-investment.

Zriwe Ventures Fund

A fund route for professional and institutional investors.

Project finance company

A company set up to finance a specific project.

Investor categories are institutional, professional and anchor (Zriwe Enterprises). Outreach is limited to professional and institutional investors. This page describes our structure. It is not an offer or an invitation to invest.

Governance

One path for every dispute.

Every Zriwe Ventures agreement uses the same escalation path, ending in arbitration under the Dubai International Arbitration Centre (DIAC).

Negotiation

15 business days.

Escalation

15 business days.

Mediation

45 days.

DIAC arbitration

Final and binding.

Dispute typeRoute
Studio acceptance or invoiceNegotiation, then technical expert determination, then DIAC arbitration for legal questions
Share valuationNegotiation, then independent valuer (binding on value), then DIAC arbitration
Sandbox pilotNegotiation, mediation, then DIAC arbitration
Subscription or shareholders’ agreementNegotiation, mediation, then DIAC arbitration
IP ownership or licenceNegotiation, then DIAC arbitration. Court interim relief is preserved
Related-party service pricing (NewCo with outside investors)Negotiation, benchmarking review by the independent director, then DIAC arbitration
Intra-group (wholly owned entities only)Internal Group Resolution Protocol: the Group CFO and an independent member decide within 30 days

Have a concept, a team or a business that fits? Pitch it to Zriwe Ventures.

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