SME Fund Jo Fuels TJDEED’s Global Tech Ambitions with New Investment

3 min
TJDEED Technology receives fresh investment from SME Fund Jo to expand globally.
The partnership highlights TJDEED's reputation for innovation and strong execution.
Funds will support advancements in AI, automation, and cybersecurity, boosting Jordan's tech scene.
SME Fund Jo aims to enhance scalability and cross-border expansion in Jordan's tech sector.
Despite challenges, the investment signals a maturing ecosystem with promising growth prospects.
It’s been quite the week for Jordan’s tech scene. TJDEED Technology, one of the region’s go‑to names for advanced IT solutions, has just drawn fresh investment from SME Fund Jo — a move that could very well set the stage for its next big leap globally.
Now, I’ve seen plenty of partnerships come and go, but this one feels spot on for where Jordan’s startup ecosystem is headed. SME Fund Jo’s decision wasn’t just about numbers; it was a nod to TJDEED’s fifteen‑year reputation for consistency, clever innovation, and strong execution. That kind of track record doesn’t happen by chance.
According to what’s been shared publicly, SME Fund Jo views this stake as a way to give Jordan’s booming tech sector a shot in the arm, not only boosting home‑grown talent but also reinforcing the kingdom’s role as a hub for digital services. TJDEED, for its part, plans to channel the funds into areas such as artificial intelligence, automation, and cybersecurity — a logical move given how those fields are rewriting the rules of enterprise IT.
Ayat Al‑Hunaiti, a partner at the Fund, was quoted highlighting that the investment fits their strategy of backing scalable, tech‑enabled businesses with the potential for cross‑border expansion. Meanwhile, TJDEED’s CEO, Eng. Ashraf Al Qudah, described the partnership as more than just capital — it’s about bringing on board investors who actually grasp the region’s shifting digital dynamics. And honestly, when a company finds an investor who "gets it," everything tends to click faster.
TJDEED isn’t exactly new to the game. Since launching in 2010, it’s handled projects for over 500 enterprise clients in 16 countries, working alongside tech partners like ManageEngine, ESET and TeamViewer. These days, it runs seven offices across Jordan, the UAE, Saudi Arabia, Palestine and Iraq, with about 120 people driving its operations — not bad for a business that started in Amman and dreamt big.
On the flip side, SME Fund Jo — set up back in 2018 and managed by AB Invest — isn’t short on influence either. With around JD 125 million under management, it’s taken stakes in everything from education platforms and food producers to healthcare providers. Its portfolio reads like a who’s who of promising Jordanian enterprises: Sands National Academy, Index Investments, Japanese Flavor, Crystel, ManafSoft, and now, of course, TJDEED. I reckon that sort of line‑up sends a clear message about the depth of Jordan’s mid‑market potential.
For those of us at Arageek who keep an eye on how capital moves through the MENA’s business veins, this kind of story hits close to home. We’ve seen plenty of founders struggle to bridge that awkward middle stretch between regional traction and international scale — and it’s often patient investors like SME Fund Jo who make the difference.
That said, I’ll admit, scaling tech firms in our region can still be a bit of a faff. Regulations, market fragmentation, access to senior talent… all the usual headaches. But moments like this investment are small signals that the ecosystem is maturing. Maybe, just maybe, the tide’s turning.
Either way, TJDEED seems chuffed to bits, and why shouldn’t they be? A fresh capital injection, global ambitions, and the wind at their back — it’s hard not to feel a tad optimistic. Jordan’s tech sector might not yet rival Silicon Valley, but it’s definately carving its own shape on the global innovation map. And believe it or not, that’s the kind of momentum that keeps MENA’s entrepreneurs dreaming big.
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