Warning Status for Iran’s VC Ecosystem: Analysis of the 2025–2026 Challenges

Avatar for mohamad reza mohmmadiMohamad Reza Mohmmadi
The recurring crises over the past two years have pushed Iran’s Venture Capital (VC) ecosystem into a state of “alert.” To provide a precise assessment of the situation, the Iran Venture Capital Association (IVCA) has summarized the expert insights of key industry players, originally featured in an exclusive interview with Zoomit. This report highlights the perspectives of Sajjad Zavvar (Secretary of the IVCA), Hassan Zali (CEO of Soroush Sepehr Investment Company), and Mahdi Sadat Hayat-Shahi (CEO of the Creative Industries Research and Technology Fund). ... Read more

Iran’s Venture Capital Ecosystem at a Crossroads: Navigating Crises and Seeking Structural Reforms

Avatar for mohamad reza mohmmadiMohamad Reza Mohmmadi
Tehran, May 26, 2026 – Following a series of systemic shocks, the Iranian Venture Capital (VC) landscape has entered a “warning state.” In an in-depth analytical report conducted in collaboration with Zoomit, the Iran Venture Capital Association (IRVC) has synthesized the perspectives of key industry leaders to evaluate the current challenges and propose a roadmap for survival and growth. ... Read more