Hazem Mulhim
About Hazem Mulhim
Hazem Mulhim is a Palestinian entrepreneur. He was born in Saudi Arabia and grew up in Jordan, Kuwait and England. He holds a Master's degree in electronics engineering and medical electronics from Bulgaria. He began his career at Siemens in Kuwait in 1980, then worked in the US. He later completed the Advanced Management Program at INSEAD and a program at IMD Lausanne.
In 1984 he moved to Jordan and founded a computer retail business. It later became Eastnets. He is now Founder and Chair, and CEO, of the company. Eastnets says it serves over 800 financial institutions worldwide. It acquired the Belgian anti-money-laundering software firm SIDE International in 2007.
Mulhim is the author of the book "Two Brown Envelopes". He also runs Rewell, a charity that supports women-run entrepreneurial projects in the Jordan valley. He divides his time between Dubai, Amman and Brussels.
Little of Mulhim's angel activity is public. The one investment we could confirm is his participation in the Cigno seed round. A Crunchbase listing also shows him as an investor in that round. We found no public record of other angel deals, a fund, or a stated number of investments.
Cigno is a Swiss startup building what it calls an AI infrastructure layer for management consulting. It targets financial services firms in Switzerland and Europe. Its CHF 1.5M seed round appears on the Lounge deals desk for June 2026. finews reports the round was closed only with operators from consulting, finance and technology. It lists Mulhim, as founder and CEO of Eastnets, among the backers. The other named backers include former executives of Swissquote, Reyl Intesa Sanpaolo, Danske Bank, MeDirect and Credit Suisse.
Mulhim has not published an investment thesis, a check size or a list of preferred stages that we could find. His one confirmed AI investment is a seed-stage company in Switzerland. It sells software to banks and financial services firms, which is also the market Eastnets works in (compliance and payments). Treat any wider focus as unconfirmed. Founders should ask him directly.
- Cigno: Swiss AI infrastructure platform for management consulting, aimed at financial services firms. Mulhim took part in its CHF 1.5M seed round (2026).
- Eastnets: compliance and payments software company that he founded in 1984 and still leads. This is an operating company, not an angel investment.
Investing activity
Hazem Mulhim appears in 1 AI deal tracked by the Lounge deals desk. The rounds are mostly Seed, with a median round size of $2M. The most recent is Cigno (Seed, CHF1.5M, Jun 2026).
Hazem Mulhim most often invests alongside Pasha Bakhtiar, Niresh Rajah, Arnaud Denis and Lino Finini, and the companies they back on Lounge are mostly in AI.
Deals
Frequently asked questions about Hazem Mulhim
Who is Hazem Mulhim?
He is the founder, Chair and CEO of Eastnets, a global compliance and payments software company. He is also an author and the head of the Rewell charity. He invests as an angel.
Has Hazem Mulhim invested in AI startups?
Yes. He took part in the CHF 1.5M seed round of Cigno, a Swiss AI startup for management consulting and financial services. The round is listed on the Lounge deals desk for June 2026.
What is Hazem Mulhim's check size?
It is not public. We found no stated check size or fund size, so we do not give one.
What kind of AI founders might suit a pitch to Hazem Mulhim?
He has not said what he looks for. His one confirmed AI deal, Cigno, sells to banks and financial services firms, and his own company works in compliance and payments. Founders in that area have the clearest connection to his background.
Where can I find Hazem Mulhim online?
He has a LinkedIn profile and publishes articles there. We did not find a personal website or a personal X account.
Is Hazem Mulhim an angel investor?
Yes. Hazem Mulhim invests personally as an angel.
What AI companies has Hazem Mulhim invested in?
Hazem Mulhim's AI investments include Cigno. The 1 round on Lounge are listed on this page with amounts, dates and co-investors.
What stage does Hazem Mulhim invest at?
In the rounds tracked on Lounge, Hazem Mulhim has invested at Seed, with a median round of $2M.
Who does Hazem Mulhim co-invest with?
Hazem Mulhim's most frequent co-investors on Lounge are Pasha Bakhtiar (1 deal), Niresh Rajah (1 deal), Arnaud Denis (1 deal) and Lino Finini (1 deal).
How can founders reach Hazem Mulhim?
Founders on Lounge can see Hazem Mulhim's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with them under Warm Paths, and add Hazem Mulhim to their Investor Pipeline to track the conversation.