Propeller

Propeller Propeller is a Jordan-founded AI-focused VC with offices in Amman, Riyadh, Boston, and Silicon Valley. Founded in 2017 by Zaid Farekh and Tambi Jalouqa, the firm launched its $50M Fund III in 2025, dedicated specifically to AI infrastructure. The Fund III thesis is structured around three layers: horizontal AI infrastructure, AI- native applications, and the spectrum from silicon-adjacent to enterprise AI. Portfolio companies from Fund III include Codemod, Netpreme, Stealthium, Pebble,