Ahmed Shabana

Egyptian American entrepreneur-turned investor Ahmed Shabana is the current managing partner of the $150 million fund one Parkpine Capital, the U.S.-based venture capital firm he formed with partner Billy Zane most known in Hollywood for the movies Titanic and The Phantom. Launched in 2016, Parkpine has offices in Los Angeles and Menlo Park.

Ahmed is recognized as a high impact entrepreneur by the Wall Street Journal and The Financial Times by founding the Middle East’s first & Africa’s first eCommerce portal and online pharmacy, Agzakhana.com, generating millions in sales turnover while overcoming the economic and commercialization obstacles of the region. Moreover, Ahmed was able to raise capital from Vodafone Ventures and help fundraise for a number of Healthcare, BigData, and SaaS startups of over $800M in combined valuation.

Ahmed holds an MBA from the the University of Southern California, where he was inspired to form Parkpine as a way to improve access to funding and resources for tech entrepreneurs on a global scale. He funded the Global Ventures Summit to connect influencers of the highest growth startup ecosystems in the world. The Summit enables innovative startups to access venture capital professionals, funded technology startup founders, and policy makers in the freshest tech scenes on the planet.

Parkpine’s fund will target post-revenue investments in early-stage technology ventures in growing markets around the world. The fund has a broad mandate invests in tech companies with business models that can be replicated in different markets.