MSA Capital
Venture capitalGrand Cayman · Pre-Seed–Late Stage · 3 people tracked
Also known as MAGIC STONE ALTERNATIVE PRIVATE EQUITY FUND GP, LTD. · MSA CHINA FUND II GP, LLC
Investment thesis
MSA Capital is a private equity firm based in China that invests in early and growth stage companies in healthcare, technology, internet, and consumer sectors. The firm pursues opportunities with both domestic and international scope.
Source: firm website, verified Aug 25, 2026.
Team · 3 people
from public directories
What they invest in
from 12 of 12 portfolio companiesSaaS ×6E-commerce ×5Fintech ×5Logistics & Supply Chain ×4Consumer ×3Enterprise Software ×3FoodTech ×3B2B Marketplaces ×2
HQs:Pakistan×3United Arab Emirates×2Egypt×2Brazil×1Germany×1India×1
Investments · 12 tracked
founders shown can be your intro pathBy year:2026 · 12023 · 12 dated
XProtocol is a consumer-focused blockchain Superchain offering high-throughput, near-zero gas transactions with interoperability for decentralized apps (dApps).
Crypto & Web3Data & InfrastructureHardware
Co-investorsSaison CapitalCaballeros CapitalCogitent VenturesCoinFundDragonflyRazer
Flextock provides a fulfillment and logistics platform that manages warehouse operations, order consolidation, and cross-border expansion for e-commerce businesses.
E-commerceEnterprise SoftwareLogistics & Supply ChainSaaSCairo, EG
Mohamed Mossaad(Founder)inEnas Siam(Founder)in
Co-investorsAlter GlobalBY Venture PartnersCapria VenturesFoundation VenturesMSA NovoTLcom Capital+3 more
Homzmart is an online marketplace for home furniture and furnishings, selling sofas, dining sets, bedroom furniture, kids' furniture, home appliances, lighting, and decor to consumers in Egypt.
ConsumerE-commerceMarketplacesPropTech
Mahmoud Ibrahim(Founder)inRamy E. HusseininMahmud Ibrahim
Co-investors500 GlobalEQ2 VenturesMSA NovoNuwa CapitalOutliers VCImpact46+1 more
Kaso develops supply chain optimization solutions for restaurants and suppliers to reduce food waste.
AI & Machine LearningB2B MarketplacesEnterprise SoftwareFoodTechImpact & Social GoodLogistics & Supply ChainMarketplacesSaaSDubai, AE
Manar Alkassar(Founder)in
Co-investorsBY Venture PartnersMSA NovoY CombinatorGlobal Founders CapitalHALA VenturesSEEDRA Ventures+1 more
Krave Mart operates an online retail marketplace in Pakistan that delivers everyday consumer goods to customers with rapid delivery.
B2B MarketplacesConsumerE-commerceFoodTechLogistics & Supply ChainKarachi, PK
Kassim Shroff(Founder)inCh Haziq Ahmed(Founder)inHammad Bawany(Founder)inMohammad Ahsan Kidwai(Founder)in
Co-investorsAmaana CapitalCats.vcKube VCMSA NovoSaison CapitalY Combinator+4 more
Mamo is a payments platform that lets businesses accept payments across channels, issue corporate credit cards, manage expenses, run recurring billing, and make international payouts from one dashboard.
FintechSaaSDubai, AE
Asim J(Founder)Imad G(Founder)Asim JanjuaMohammad El SaadiYash Malhotra
Co-investors4DX Ventures500 GlobalBY Venture PartnersDubai Angel InvestorsOlive Tree CapitalGlobal Founders Capital+2 more
OlaClick provides a point-of-sale and delivery management platform for restaurants, including AI-powered menu creation, order management, and loyalty programs.
ConsumerFoodTechRetail TechSaaSLima, PE
Carol Riboud(Founder)inUlysse Lichtle(Founder)inJose RICO(Founder)in
Co-investorsCapria VenturesGradient VenturesMSA NovoPosition VenturesY CombinatorAC Ventures+1 more
PostEx provides courier and cash-on-delivery logistics for e-commerce businesses, delivering parcels nationwide including same-day delivery.
E-commerceFintechLogistics & Supply Chain
Muhammad Omer Khan(Founder)inSaad Mahmood(Founder)inOmer Khan Muhammad
Co-investors500 GlobalAmaana CapitalDASH VenturesFlucas VenturesKube VCMSA Novo+2 more
Singleron Biotechnologies develops single-cell and single-nucleus sequencing kits and solutions for transcriptome analysis of biological samples.
BiotechMedical DevicesCologne, DE
Co-investorsARCH Venture PartnersLAVLilly Asia Ventures
Yellow Metal is an RBI-licensed NBFC in India offering gold loans, letting borrowers estimate how much they can borrow against 22K gold based on daily lending rates and loan-to-value ratios.
FintechBengaluru, IN
Rahul Boggaram(Founder)
Co-investorsFirst ChequeMSA NovoSpiral VenturesWaterBridge Ventures
Zippi is a Brazilian financial services platform that provides small business owners with flexible credit lines accessible via mobile app and Pix payments, with weekly billing cycles and dynamic credit limits that grow with business performance.
Enterprise SoftwareFintechSaaSSão Paulo, BR
Andre Bernardes(Founder)inBruno Lucas(Founder)inLudmila Pontremolez(Founder)in
Co-investorsHummingbird VenturesMantis CapitalMSA NovoStartupsY CombinatorCredit Saison+4 more
Portfolio news
latest coverage across their companiesKaso · globalrecognitionawards.org · Apr 22, 2026
Flextock · logupdateafrica.com · Feb 23, 2026
Zippi · founderland.ai · Feb 15, 2026
Mamo Pay · thegulfentrepreneur.com · Feb 11, 2026
Frequently asked questions
- What stage does MSA Capital invest at?
- MSA Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What is MSA Capital's typical check size?
- MSA Capital typically writes checks of $1.4M – $130M.
- What sectors does MSA Capital focus on?
- MSA Capital focuses on Biotech, Crypto & Web3, E-commerce, Fintech.
- Where is MSA Capital located?
- MSA Capital is headquartered in Grand Cayman, CN.
- Does MSA Capital lead rounds?
- Yes, MSA Capital leads investment rounds.
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