Maged Harby Joins VMS as General Partner
Maged Harby Joins VMS as General Partner to Drive Regional Innovation
VMS, a leading startup studio, has appointed Maged Harby as General Partner
Riyadh, Saudi Arabia – 27 January 2025 – VMS, a leading startup studio dedicated to empowering entrepreneurs, announces the appointment of Maged Harby as General Partner. With over 17 years of experience in venture building, investment management, and startup support, Maged’s leadership will be pivotal in advancing the studio’s mission to create meaningful impact across the regional ecosystem.
Maged has built a career rooted in fostering innovation and guiding startups through every phase of growth. During his tenure at EdVentures, he worked closely with founders to help them scale businesses, secure investments, and achieve sustainable growth. His dedication to empowering entrepreneurs and creating long-term value has made a significant impact on the region.
Speaking about his new role, Maged shared his vision for joining the team. “I am delighted to join Value Makers Studio and contribute to building a stronger venture capital ecosystem in the region. My goal is not only to invest in more startups but also to create a platform that offers entrepreneurs opportunities to develop their ideas and access our markets. I look forward to bridging innovation with market entry and providing startups with the resources they need to grow and expand.”
Maged added, “By leveraging our expertise and networks, we aim to position VMS as the leading venture capital firm, venture studio, and ecosystem enabler in the region. This will also play a significant role in advancing economic development and fostering innovation across the region.”
Motaz Abuonq, CEO of Value Makers Studio, welcomed Maged to the team with enthusiasm, saying, “Maged is a visionary who deeply understands the opportunities and challenges of building startups. I see him as a new star joining our creative team, a brilliant partner in our journey to support entrepreneurs. Wishing him all the best, and we look forward to witnessing his remarkable contributions with us.”
As General Partner, Maged will lead key initiatives that empower startups to thrive across different industries. VMS also acts as a corporate venture capital arm, providing seed funding to early-stage startups and equipping founders with the resources they need to scale their ideas into impactful ventures.
The studio works closely with a diverse network of regional and international partners to deliver innovative programs that provide entrepreneurs with access to mentorship, funding opportunities, and critical market insights. Maged’s strategic vision and hands-on guidance will play a pivotal role in ensuring startups navigate market complexities and achieve sustainable growth.
