Technology
Technology companies with a technological edge, strong leadership and clear commercial traction.
Capital, experience and connections between Europe and West Asia
WAIP is a private investment firm based in Vienna, with a Dubai subsidiary, IBDATECH. We invest selectively in Technology and Vitality businesses where we can make a practical contribution. Alongside capital, we bring strategic advice, commercial introductions and support for growth.
- Portfolios
- 2
- Companies
- 13
- Countries
- 5
- Team
- 7
- Offices
- Vienna, Dubai
Thirteen companies in two portfolios
WAIP invests in both the engines of progress and the foundations of human well-being. Our Technology Portfolio backs companies shaping what society can do. Vitality recognises that society also depends on the services that help people live, care and flourish. Together, the two portfolios reflect a broader view of progress: innovation matters, and so does the vitality of the people and communities it serves.
Vitality
Companies built around good food, places to stay, outdoor life and living closer to the land.
How our companies can work together
Our companies bring different capabilities, products and experience. We look for practical ways they can help one another, from sharing expertise to exploring new customers and partnerships. Some collaborations are already under way; others are opportunities we are exploring. Each needs a clear benefit for the companies involved.
Vitality: one ecosystem
- StayArtSpace Hotel
- UnwindOffgrid
- ExperienceSchool of Shepherds
- NutritionVitinor
- ExploreVINAD
- BelongAlluma
Shared tools
Social Garden and Ayzeo: getting noticed through influencers, and in the answers AI assistants give. Every company in both portfolios can use them.
We only invest where we can help
Profit today isn’t our main test. We look at what a company has already built and where it can realistically go. Then comes the harder question: can WAIP, one of our companies or someone we know actually help it get there? If the answer is no, we don’t invest.
How we chooseA partner on the ground in West Asia
Moving into a new market usually means finding people locally who can sell, deliver or service the product, and most growing companies don’t have them yet. IBDATECH, our subsidiary in Dubai, finds suitable partners across West Asia and helps both sides agree who does what.
About IBDATECHHow we contribute beyond capital
Our involvement depends on what each company needs and where we can help. That can include:
Strategy and practical support
Working with founders and management on priorities, growth plans and key decisions. In selected companies, we also contribute through board roles and operational support.
Relevant connections
Introducing companies to potential customers and commercial partners when there is a clear reason to connect.
New markets and portfolio collaboration
Through IBDATECH, helping companies prepare for expansion into West Asia and find suitable local partners. Across our portfolio, identifying opportunities to share expertise, use relevant services and develop commercial relationships.
The people behind WAIP
Seven people in Vienna and Dubai. Between them they have founded and sold companies, run businesses at board level, and advised leadership teams across Europe and West Asia.
Meet the teamWhat founders say
“WAIP has never been just a capital investor for Medicus. Bijan and the team have backed us at every stage, often before we had to ask. Just as valuable has been everything that doesn’t show up on a cap table: opening doors in the Gulf, advice on the hard calls and real hands-on business support. Medicus would not be where it is today without them.”Dr. Baher Al Hakim, CEO, Medicus AI
“WAIP has been far more than a capital investor for Social Garden. Beyond the funding, Bijan and the team opened doors in the GCC region, connected us with the right partners and helped us sharpen our international strategy. Thanks to this support, we have launched our platform in the UAE and beyond. For us, WAIP is not just an investor, but a partner in growth.”Daniel Marischka, Co-founder, Social Garden
Could we work together?
We welcome conversations with founders seeking capital and practical support, and businesses exploring commercial partnerships. We develop a small number of relationships where there is a clear fit and a useful role for us. Tell us briefly about your business.
Our portfolio
Technology and Vitality cover very different sectors, but we choose companies for both in the same way. We need to understand why the business works, how it fits with the others, and what exactly WAIP will do once we’re in.
Technology Portfolio
Technology companies with a technological edge, strong leadership and clear commercial traction. We look for a product that solves a real problem, signs of commercial progress, and a clear job for us to do.
- Health (1)
- Deep tech and infrastructure (3)
- Data and digital services (3)
Medicus AI
Health
Turns lab reports and health data into clear, personal explanations that patients actually understand. Labs, clinics and doctors use it to stay in touch with patients between visits. Founded in 2015.
WAIP’s roleInvestor; board seat; market entry into the GCC; investor introductions
Sendance
Deep tech and infrastructure
Develops digital manufacturing technology that builds sensors of all kinds into textiles, foam and 3D-printed parts, affordable even in small runs. Used in orthotics, prosthetics, sport and research.
WAIP’s roleInvestor; market expansion; investor introductions; partner introductions
Decentraliced
Deep tech and infrastructure
Builds decentralised computing infrastructure with its own cooling system, which keeps the energy cost of running it low. That matters more every year, as AI pushes up demand for computing power.
WAIP’s roleInvestor; board seat; strategy; investor introductions
Green Mining DAO
Deep tech and infrastructure
Mines bitcoin on renewable power, including its own solar plants, and is now moving towards becoming a data centre provider. Investors share ownership of the mining assets.
WAIP’s roleLead investor; board seat; strategy; investor introductions
Particula
Data and digital services
Independent risk ratings and real-time monitoring for digital and tokenised assets. Issuers and institutional investors use them to judge what they hold. Now based in New York.
WAIP’s roleInvestor; investor introductions
Social Garden
Data and digital services
An influencer marketing platform that measures real engagement, not follower numbers. Established in the German-speaking market and now launching Arabic-language services in the UAE.
WAIP’s roleInvestor; board seat; market entry into the GCC; investor introductions
Ayzeo
Data and digital services
Buyers increasingly ask AI assistants which brand to choose. Ayzeo shows brands what ChatGPT, Gemini and others say about them and their competitors, and what to change. Used by brands and agencies. Based in Berlin and New York.
WAIP’s roleInvestor
Vitality Portfolio
Businesses that improve how people eat, rest, travel and live. Each one has to stand on its own, but we also look hard at how it fits with the rest. A guest at one place is a potential customer at another.
- Hospitality and stays (2)
- Community and regenerative living (2)
- Healthy living (2)
ArtSpace Hotel
Hospitality and stays
A private hotel on a hilltop in the Alentejo, Portugal. Its quiet setting suits corporate retreats, creative residencies such as musicians rehearsing, and guests looking for space to think and rest.
WAIP’s roleInvestor; partner introductions
Offgrid
Hospitality and stays
Self-sufficient cabins on the edge of cities, where guests can switch off and unwind. Based in Germany and expanding into other European countries.
WAIP’s roleInvestor
School of Shepherds
Community and regenerative living
A school for shepherds in Portugal’s Alentejo, where families live on the land and teach their trades: herding, cheese making, cork, wool and land regeneration. The model is designed to be repeated elsewhere.
WAIP’s roleInvestor; partner introductions
Alluma
Community and regenerative living
Builds regenerative, multigenerational communities where residents hold long-term rights to use their homes instead of buying them. The first community is around 100 homes in Mallorca.
WAIP’s roleFounding investor; board seat; strategy; partner introductions; investor introductions
VINAD
Healthy living
A sports and adventure company that develops its own products and trades in nutrition and outdoor equipment. Based in Austria, it supplies athletes and people who love the outdoors.
WAIP’s roleInvestor; board seat; strategy
Vitinor
Healthy living
Produces healthy snacks and foods, from plant-based burgers to date syrup and natural sugar alternatives. Vitinor runs production, packaging and labelling itself, so it controls quality from start to finish.
WAIP’s roleInvestor; board seat; strategy; partner introductions; operational support
What we look for
- The team. People with a clear plan who have shown they can deliver it.
- Traction. Revenue, or other proof that customers want the product.
- Fit. Room to grow, something specific we can contribute, and a link to our other companies.
How we decide
- ScreeningThe business, its market, how far it has come, and whether we can genuinely help.
- Due diligenceCommercial, financial, legal and operational checks, and time with management.
- DecisionOur investment committee decides once the case is clear and our role is agreed.
A Vienna investment firm working between Europe and West Asia
West Asia Investment Partners was founded in Vienna in 2016. We invest in Technology and Vitality, and our Dubai subsidiary, IBDATECH, helps our companies find partners across West Asia.
Why we started
WAIP’s partners have built their careers between Europe and West Asia, as consultants, executives, founders and investors. Along the way, they saw the same gap again and again. Europe produces strong companies and technology, yet few of them reach West Asia. West Asia offers capital, ambition and fast-growing markets, yet companies from outside struggle to find a reliable way in.
Over the years, the partners built close relationships in both regions, especially in the DACH region in Europe and in the GCC in West Asia. WAIP was founded to put those relationships to work: to back companies early and help them, and their technology, move in both directions.
If we can’t add value, we don’t invest
Every investment has to make commercial sense, but that alone isn’t enough. Before we commit, we ask three questions, and the first decides everything.
Can we help?
WAIP, one of our companies or someone in our network has to be able to make a real difference.
Can it build lasting value?
A real product, paying customers and a believable path to growth.
Does it do some good?
We rate a company higher when it helps the environment, people’s health, or the communities around it.
When the answer to all three is yes, we invest and stay involved. We try to be honest about what we can and can’t do. We don’t promise access we don’t have, and if we think a plan needs to change, we tell management directly.
What we hold to
Useful technology
Technology that solves a real problem for someone willing to pay.
The environment
Companies that take their footprint seriously are better investments.
People
We look at what each investment means for the people and communities around it.
Intellectual property
Our companies protect their own IP and respect other people’s.
Integrity
We expect high standards in every deal, from ourselves and from our companies.
Since 2016
- 2016WAIP is founded in Vienna to connect companies and capital in Europe and West Asia.
- 2017First investment: Medicus AI.
- 2019Technology Portfolio launched, focused on innovative startups with the potential to enter new markets. New investments in Decentraliced and Green Mining DAO.
- 2021WAIP starts working hands-on with its companies on their strategy and international expansion.
- 2022Investment in Particula.
- 2023Investment in Social Quest, the company behind Social Garden.
- 2024Vitality Portfolio launched, to support businesses that care for people and strengthen the foundations of healthy, thriving communities. Its first investments are Vitinor and VINAD.
- 2025IBDATECH is set up in Dubai, and Sendance joins the Technology Portfolio. Social Quest expands into West Asia with Social Garden Middle East, and Medicus AI and Sendance enter new markets.
- 2026ArtSpace Hotel, School of Shepherds and Alluma join the Vitality Portfolio, and Ayzeo joins the Technology Portfolio.
- TodayThirteen companies in two portfolios, offices in Vienna and Dubai, and IBDATECH helping our companies into West Asia.
Finding the right partner in West Asia
IBDATECH is WAIP’s subsidiary in Dubai. It isn’t one of our investments. Its job is to help our companies grow into new markets by working with local businesses.
Why it exists
A company entering a new market needs people there to sell, deliver or service what it makes. Building that from nothing is slow and expensive, and it pulls the founders away from the business. The right local partner can do much of it, as long as everyone is clear on who does what.
How it works
- UnderstandWhat the company needs on the ground, and what it should keep doing itself.
- MatchLocal businesses with the right strengths, reputation and capacity.
- StructureA clear way of working together, such as distribution, a joint venture or a licence.
IBDATECH doesn’t do the company’s work for it and can’t guarantee access to any market. What it brings is preparation, judgement and the right introductions.
So far
Social Garden
IBDATECH found Social Garden a local partner in the UAE and helped it secure its operating licences. Its influencer marketing services will soon launch in Arabic across the region.
A digital health company
Introduced to regional partners through IBDATECH, a portfolio company in digital health is close to signing government contracts in West Asia.
The people behind WAIP
Seven people across Vienna and Dubai. Select anyone to read more about them.
Start a conversation
Tell us a little about your business, what you are looking for and how you think WAIP could help.
Send us a message
Imprint
Information pursuant to § 5 E-Commerce Act (ECG), § 14 Austrian Commercial Code (UGB) and § 25 Media Act (MedienG).
Company
West Asia Investment Partners GmbH
Wiedner Hauptstraße 142/1/5
1050 Vienna, Austria
Contact
Phone: +43 1 996 2078
Email: info@wa-ip.com
Register details
Company register number: FN 450959 a
Register court: Commercial Court Vienna (Handelsgericht Wien)
Registered office: Vienna
VAT ID: ATU71094718
Business purpose
Management consulting
Management
Dr. Bijan Khajehpour Khoei and Dr. Pari Namazie, managing directors, each authorised to represent the company alone
Chamber membership
Member of the Austrian Economic Chambers (WKO), Vienna
WKO membership number: 885151
Disclosure under § 25 Media Act
Owner of the website: West Asia Investment Partners GmbH, Vienna. Business purpose: management consulting.
Editorial line: information about West Asia Investment Partners, its portfolio companies and its team.
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WAIP does not sell goods or services to consumers through this website and does not take part in dispute resolution procedures before a consumer arbitration board.
Privacy Policy
This policy explains how West Asia Investment Partners GmbH processes personal data when you visit this website or contact us, in line with the EU General Data Protection Regulation (GDPR) and the Austrian Data Protection Act (DSG). Last updated: date.
1. Controller
West Asia Investment Partners GmbH, Wiedner Hauptstraße 142/1/5, 1050 Vienna, Austria. Email: info@wa-ip.com. Phone: +43 1 996 2078.
Data protection contact: name or 'the management', and email, e.g. privacy@wa-ip.com
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The information on this website is provided for general information about West Asia Investment Partners. It does not constitute an offer, a solicitation or a recommendation to buy or sell any securities or other financial instruments, nor investment, legal or tax advice.
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We take care to keep the content accurate and up to date, but we cannot guarantee that it is complete, correct or current. Information about portfolio companies is based on information available to us and may change.
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