Jordanian private equity fund SME Fund has announced a strategic investment in TJDEED Technology, a leading Amman-based IT solutions and digital transformation provider. The partnership is set to fuel TJDEED’s international expansion plans and advance its technology portfolio, with a focus on Artificial Intelligence (AI), automation, and cybersecurity.
This investment underscores SME Fund Jo’s commitment to strengthening Jordan’s technology sector by backing high-growth companies and cementing the Kingdom’s role as a regional hub for enterprise innovation.
A Partnership To Bolster Jordan’s Tech Ecosystem
The decision to back TJDEED was driven by the company’s established 15-year track record of innovation, a forward-thinking organizational culture, and sustained success with a diverse client base across the MENA region. The new capital will empower TJDEED to enter new global markets and further diversify its suite of AI-driven products and advanced cybersecurity solutions.
Ayat Al-Hunaiti, Partner at SME Fund Jo, stated, “Our investment in TJDEED aligns with our mission to back scalable, tech-enabled businesses that drive digital transformation and cross-border growth. We believe TJDEED’s regional expansion reinforces Jordan’s role as a strategic hub for innovation and enterprise technology.”
Accelerating Global Ambitions
With this new strategic support, TJDEED is poised to accelerate its growth trajectory, building on its established presence across the Middle East. The partnership with SME Fund Jo provides not only capital but also deep regional expertise in banking and investment.
Eng. Ashraf Al Qudah, CEO of TJDEED Technology, added, “We are proud to partner with SME Fund Jo, an investor that understands both our aspirations and the dynamics of the technology sector in the region. Their deep experience in banking and investment, combined with their strategic approach, will help us accelerate our transformation into a global player and expand our reach to new markets globally.”
About TJDEED Technology
Founded in 2010, TJDEED Technology has delivered projects for over 500 enterprise clients across 16 countries. The company operates through seven offices in five countries—Jordan, the UAE, Saudi Arabia, Palestine, and Iraq—and employs more than 120 professionals. TJDEED collaborates with over 20 global technology partners, including ManageEngine, Ivanti, Matrix42, TeamViewer, and ESET, to advance digital transformation, IT infrastructure, and managed services.
About SME Fund Jo
Established in 2018 and managed by AB Invest, SME Fund Jo is a JD 125 million (approximately $211 million) Jordan-focused private equity fund. It targets significant minority stakes in successful SMEs with strong growth prospects across Jordan’s strategic sectors. Its diverse portfolio includes companies such as ManafSoft, Crystel, Medmac, and Al Manara International Shipping.
Source: Jawlah
