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Top 50 Artificial intelligence VC (Venture Capital) Funds in Saudi Arabia in October 2023

A list of 50 VC (Venture Capital) funds that invest in Artificial intelligence startups based in Saudi arabia. We rank investors based on the number of investments they made in Artificial intelligence companies from Saudi arabia. We update this investor list every month.

Top 50 Artificial intelligence VC (Venture Capital) Funds in Saudi Arabia in October 2023

Investor Artificial intelligence Saudi Arabia investments
Saudi Aramco Entrepreneurship Ventures 15
Raed Ventures 14
Impact46 9
Shorooq Partners 8
SEEDRA Ventures 8
Oqal 6
Vision Ventures 5
VentureSouq 5
STV 5
Arzan Venture Capital 5
Global Ventures 5
Saudi Aramco 5
Wamda Capital 4
Outliers Venture Capital 4
Riyad TAQNIA Fund (RTF) 3
Saudi Venture Capital Company 3
Tech Invest Com 3
HALA Ventures 3
Derayah Venture Capital 3
Khwarizmi Ventures 2
Saudi Venture Capital 2
MSA Capital 2
Nama Ventures 2
Abercross Holdings 2
Elm 2
Wealth Well 2
otf Jasoor Ventures 2
Butterfly Ventures 2
AgFunder 2
Middle East Venture Partners (MEVP) 2
Abunayyan Holding 2
Sukna Ventures 2
Class 5 Global 2
Sadu Capital 1
Mutasami Family Fund 1
Le Augure 1
Entrée Capital 1
Mentors Fund 1
MetLife Foundation 1
Riyad Bank 1
SVC 1
Agility Ventures 1
Yazeed Al-Rajhi and Brothers Holding Company 1
Flat6Labs 1
RAI group 1
Terra VC 1
WAED Ventures 1
ACE Investment Partners Ltd. 1
ACE & Company 1
Derayah Financial 1

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Saudi Aramco Entrepreneurship Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 1 investment in the past 12 months

Wa’ed Ventures is the venture capital arm of Saudi Aramco Entrepreneurship Center (Wa’ed), established by Saudi Aramco with the vision of igniting the spirit of entrepreneurship in the Kingdom of Saudi Arabia. Wa’ed has deployed a suite of programs over the years to assist entrepreneurs in establishing, enhancing, or expanding their ventures. Theseprograms comprise development and financial support including business incubation, coaching and training to guide and nurture entrepreneurs along different business stages, seed funding, non-collateral loans, venture capital (equity/debt) investment, and business development. These programs support the development of small- and medium-sized enterprises (SMEs) capable of localizing industries and diversifying the Kingdom’s economy. Wa’ed also collaborates and engages with key players in order to create an effective entrepreneurship ecosystem.Wa’ed aspires to provide leadership in promoting entrepreneurship to support economic growth, diversification, and social development in Saudi Arabia, in alignment with the Kingdom’s strategic thrust into moving towards a knowledge-based economy. The organization aims to turn innovative ideas into successful projects, create and support sustainable SMEs, and develop entrepreneurs into successful business owners.Wa’ed Ventures aims to fuel the growth of high potential companies, thereby promoting economic development in Saudi Arabia with job creation for Saudi nationals, technological improvement, knowledge transfer, economic diversification, and economic growth within the Kingdom. The firm focuses on seed, early, and growth-stage businesses across a diverse range of sectors including information and communication technology (ICT), energy, manufacturing, healthcare, and services – from mobile application platforms and technologies to industrial equipment manufacturing to advanced software solutions.

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Investment focus

  • Information Technology, Software, Intelligent Systems
  • Series A, Seed, Funding Round
  • Saudi Arabia, India, Luxembourg

Portfolio highlights

  • ELEVATUS — Hire the world's best talent with our award-winning recruitment software, Elevatus. Recruit a talented workforce that will help your company succeed and grow.
  • OQ TECHNOLOGY — OQ Technology's Satellite 5G IoT - The world's first global satellite 5G operator, that can collect data from more than 1000 sensors, and so providing cellular coverage for assets and machines anywherer in the world.
  • MANAFA Capital — MANAFA is an online marketplace for investing equity into innovative, early-stage companies. It provides sophisticated investors free access to direct investment opportunities, diligence tools and industry data insights for an asset class that was previously very difficult to access. For entrepreneurs, MANAFA offers an efficient way to access anetwork of sophisticated investors as well as leading partners.
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Raed Ventures
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia · 1 investment in the past 12 months

We partner with exceptional founders building breakthrough companies and creating scalable impact in MENA region

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Investment focus

  • E-Commerce, Software, Financial Services
  • Seed, Series A, Pre-Seed
  • Saudi Arabia, United Arab Emirates, Egypt

Portfolio highlights

  • Mozn — Confidently screen customers, monitor transactions and assess risk with powerful AI and seamless automation.
  • Sylndr — Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions.
  • Wafeq وافق — Send invoices or purchase orders, manage your inventory and your payroll, and get over 30 reports to manage your company, all in one software.
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Impact46
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 3 investments in the past 12 months

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Investment focus

  • E-Commerce, Financial Services, Predictive Analytics
  • Seed, Series A, Funding Round
  • Saudi Arabia, United Arab Emirates, Oman

Portfolio highlights

  • Zid زد — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
  • DataLexing — DataLexing is an All-in-One Data-Driven productivity platform that brings Insights, Apps, Notifications, Forms, and Sheets together in one place.
  • Al Matar Group — Al Matar Group provides individuals and businesses with technical travel solutions.
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Shorooq Partners
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 12 investments in the past 12 months

Shorooq Partners is the leading tech investor in the region, inspired by the best entrepreneurs, investors and practices from around the world.

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Investment focus

  • Financial Services, E-Commerce, FinTech
  • Seed, Series A, Pre-Seed
  • United Arab Emirates, Pakistan, United States

Portfolio highlights

  • Dtonic — Efficient Spatio-Temporal Big Data Processing across Smart-X Industries
  • The Food Lab — The Food Lab is a cloud kitchen platform but describes itself as an infrastructure company for restaurants in Egypt — about 400,000 in number — in the food & beverage (F&B) space. The company provides a full suite of end-to-end services, including cloud kitchen (kitchen as a service) and procurement.
  • Retailo Technologies — Retailo is an online regional B2B marketplace platform that serves small and medium-sized retail businesses, including kiryana and baqala stores, in the MENAP region. We are using technology to digitize and streamline the retail sector to make it more efficient.
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SEEDRA Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 3 investments in the past 12 months

SEEDRA Ventures invests in companies from the very first stages of inception to Series-A and beyond, providing financing and hands-on development support.

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Investment focus

  • Predictive Analytics, FinTech, Financial Services
  • Seed, Series A, Pre-Seed
  • Saudi Arabia, Egypt, United States

Portfolio highlights

  • Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
  • Gameball — Gameball is a one-stop platform to market your products and keep your customers engaged, leading to boosted conversion and increased RoI with a data-driven success strategy.
  • Agel — Agel aim at reshaping the traditional financial services business model, operational model and customer experience to unlock a unique finance avenue for (“MSMEs”), with a core preposition of availing industry-agnostic merchandise credit limit for Merchants within Agel network in a manner that is Digital, Cashless and Sharia compliant, aligning withthe UN Global (“SDG”) goals, and Egypt’s 2030 plan towards financial inclusion and sustainability.our goals are: - Empowering MSMEs growth, - Accelerating Financial Inclusion, - Eradicating Informal Economy, - Raising Financial literacy
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Oqal
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investment in the past 12 months

A group of young entrepreneurs to connect young people with ideas.

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Investment focus

  • E-Commerce, Information Technology, Marketplace
  • Seed, Pre-Seed, Series A
  • Saudi Arabia, United Arab Emirates, Egypt

Portfolio highlights

  • AlGooru — AlGooru is a tutoring network marketplace that connects students with qualified tutors on a mobile app. Our mobile app uberizes the tutoring market. Students can find reliable tutors, and tutors can manage their sessions/price their own rates.
  • Letswork — Work, meet and connect from the best coworking spaces, cafes and hotels across the UAE and Bahrain. Buy a membership, book meeting rooms or rent an office via the Letswork app.
  • Otida — Otida is an app that acts as a nutritionist, a fitness coach and physician, among other roles, for patients with diabetes who struggle while navigating through their day-to-day lives.
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Vision Ventures
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia

Vision Ventures (VV) is an early stage venture capital firm founded by experienced entrepreneurs. Its slogan is:"By Entrepreneurs for Entrepreneurs". We invest in innovative startups in the Seed and Series A across a wide range of verticals. We help startups realize their dreams and make a difference in a noisy world. We are an energeticteam that has a wealth of experience in starting companies and steering them to success and hyper growth. Our combined experience spans over 90 years in multiple countries which gives us extensive experience in multi-national, multi-cultural teams. We provide startups with hands on assistance and guidance on marketing, sales, product/service development, financial planning and management, expansion & growth strategy, and more.

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Investment focus

  • E-Commerce, Software, Information Technology
  • Seed, Series A, Funding Round
  • Saudi Arabia, United Arab Emirates, Egypt

Portfolio highlights

  • Haseel — The new concept to meet your needs of vegetables and fruits selects you the best crops and the best prices in a way that is consistent with your digital age.
  • Nearpay — Focus On Building Deep Technology To Create Innovations
  • RedBox — Don't wait for drivers to deliver your packages! Instead, use RedBox lockers to ship your packages and collect them at your convenient time. No human contact!
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VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates · 3 investments in the past 12 months

VentureSouq operates a large co-investment platform with a global investment portfolio.

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Investment focus

  • FinTech, Financial Services, Software
  • Seed, Series A, Series B
  • United States, United Arab Emirates, Saudi Arabia

Portfolio highlights

  • D3 — D3 - DNS Domains for Web3
  • Silkhaus — A seamless, sophisticated experience you can rely on. Choose from the wide variety of furnished Boutique Flats and apartments for short and long-term stays from Silkhaus.
  • Metriport — Metriport helps digital health companies access and manage patient health and medical data, through an open-source and universal API.
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STV
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 5 investments in the past 12 months

STV is a $500M technology venture capital fund headquartered in Riyadh, Saudi Arabia

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Investment focus

  • E-Commerce, Predictive Analytics, Financial Services
  • Series A, Seed, Series B
  • Saudi Arabia, United Arab Emirates, United States

Portfolio highlights

  • qlub — Qlub is the fastest, most secure form of digital menu & contactless payment for customers at restaurants, clubs & lounges.
  • Tabby — With Tabby, you can split your purchases into 4 interest-free payments at your favourite stores. Download the Tabby app to get started.
  • Floward — Send fresh flowers and a variety of gifts online with Floward. Browse through our numerous products and get same-day flowers delivery
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Arzan Venture Capital
VC Fund · Kuwait, Al Kuwayt, Kuwait · 3 investments in the past 12 months

Arzan Venture Capital (Arzan VC) is a Kuwait-born VC firm that has been investing in startups with a MENA angle since 2014, making it one of the earliest VC firms in the region. Arzan VC's portfolio includes 30+ startups. The firm invests in young, fast-growing and innovative tech teams and it remains committed to building long-lastingrelationships with the region’s most talented entrepreneurs at an early stage.

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Investment focus

  • Software, E-Commerce, SaaS
  • Seed, Series A, Series B
  • United Arab Emirates, Egypt, Saudi Arabia

Portfolio highlights

  • Zid زد — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
  • Gameball — Gameball is a one-stop platform to market your products and keep your customers engaged, leading to boosted conversion and increased RoI with a data-driven success strategy.
  • Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.
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Global Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 5 investments in the past 12 months

We back global-minded, growth-stage and technology-focused founders in emerging markets and the world.

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Investment focus

  • Health Care, FinTech, Financial Services
  • Series A, Seed, Series B
  • United Arab Emirates, Egypt, United States

Portfolio highlights

  • Hakbah — Hakbah is a Fintech startup focusing on an alternative financial saving. Hakbah is modernizing financial saving via its intelligent platform by offering a comprehensive one-stop-shop solution for Savings Groups to initiate, manage, join, and pay directly within the mobile app.
  • Yodawy — Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.
  • Helium Health — Helium Health empowers healthcare providers in Africa with digital tools, financing solutions, and data partnerships. Learn more about our innovative solutions.
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Saudi Aramco
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 3 investments in the past 12 months

The Saudi Arabian Oil Company (Saudi Aramco) is the state-owned oil company of the Kingdom of Saudi Arabia. It ranks first among oil companies worldwide in terms of crude oil production and exports, and natural gas liquids (NGL) exports, and is among the leading producers of natural gas. It is also known as refiners and are moving furtherdownstream into chemicals production.The company was founded in 1930 and is headquartered in Dhahran, Saudi Arabia.

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Investment focus

  • Energy, Oil and Gas, Information Technology
  • Seed, Series A, Series B
  • Saudi Arabia, United States, China

Portfolio highlights

  • TipRanks — TipRanks stock market research and analysis, lets you see the track record and measured performance of any analyst or blogger, so you know who to trust!
  • Rongsheng Petrochemical — Rongsheng Petrochemical produces, markets, and sells petrochemicals, chemical fibers, and other related products in China and internationally. It offers synthetic fibers and films, including fiber and film grade polyester chips, bottle grade polyester chips, polyester pre-oriented yarns, draw textured yarns, fully drawn yarns, and PET films;synthetic raw materials, such as purified terephthalic acids, ethylene oxides, triethylene glycol, diethylene glycol, ethylene glycol, and P-xylene; and synthetic resins comprising ethylene-vinyl acetate copolymers, high density polyethylene, low-density polyethylene, and polypropylene. Rongsheng Petrochemical also provides olefins consisting of butene-1, hexene-1, butadiene, propylene, and ethylene; aromatics and phenols, including cumene, acetone, phenol, styrene, ethylbenzene, xylene, mixed aromatics, methylbenzene, and purified petroleum benzine; and acrylonitrile and special chemical products, such as dimethyl carbonate, methyl methacrylate, polycarbonate, bisphenol A, acetonitrile, and acrylonitrile. Moreover, it offers intermediate and chemical raw materials comprising iso-butane, n-butane, petroleum cokes, liquid argons, liquid ammonia, methanol, liquid petroleum gas, isooctane, methyl tert-butyl ether, industrial hexane, pentane foamer, industrial aromatic hydrocarbons, high-flash aromatic naphthas, ethylene bottom oils, splitting decomposition C9 and C5, and sulphur; and oil products, such as jet fuels, diesel, and gasoline. Rongsheng Chemical Fiber Group that began operation in 1995 became Rongsheng Petrochemical in September 2007. It has its headquarters in Hangzhou in China as a subsidiary of Zhejiang Rongsheng Holding Group.
  • Geely-Renault Powertrain Co. — Geely-Renault Powertrain Co. develop and supply hybrid and internal combustion engines (ICE). It's a joint venture between Geely and Renault.
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Wamda Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in the past 12 months

Wamda Capital is the MENA region's leading venture capital firm investing in exceptional entrepreneurs building the region's most promising high growth technology businesses. We invest both at the growth and seed stages with the aim of taking portfolio companies through successive rounds of financing through to exit.

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Investment focus

  • E-Commerce, Internet, Financial Services
  • Seed, Series A, Series B
  • United Arab Emirates, Jordan, Turkey

Portfolio highlights

  • BitOasis — BitOasis is MENA's leading platform that allows you to securely buy, sell and trade crypto assets like Bitcoin, Ether, XRP and Bitcoin Cash at the best rates. Currently available in UAE, KSA, Bahrain, Kuwait, Oman, Jordan, Egypt and Morocco.
  • Believe — Believe Pte Ltd. is a global, Singapore-based FMCG conglomerate that provides market-ready solutions for customers by listening to their needs and designing products that suit their culture and life choices. From breakthrough personal care essentials to beauty products surpassing global standards, our worldwide team of experts use cutting-edgetechnology, scientifically proven methodologies and ancient knowledge to gift our customers
  • Wafeq وافق — Send invoices or purchase orders, manage your inventory and your payroll, and get over 30 reports to manage your company, all in one software.
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Outliers Venture Capital
VC Fund · Menlo Park, California, United States · 3 investments in the past 12 months

Backing outlier founders in MENA & the US at the earliest stages

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Investment focus

  • E-Commerce, Information Technology, Predictive Analytics
  • Seed, Series A, Pre-Seed
  • Egypt, Saudi Arabia, United States

Portfolio highlights

  • Kenzz — Kenzz is an e-commerce platform bringing shopping to the mass market in Egypt and MENA.
  • FlapKap — FlapKap is a company revolutionizing e-commerce and SaaS growth in the MEA region.
  • Amwal Tech — The fastest and most secure way to accept payments online
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Riyad TAQNIA Fund (RTF)
VC Fund · Riyadh, Ar Riyad, Saudi Arabia

Riyad TAQNIA Fund (RTF) is a venture capital fund investing in early stage technology companies around the globe. The fund is interested in post-revenue Seed through Series-B opportunities. RTF was founded by Riyad Capital Co. and TAQNIA and is backed by leading Saudi institutional investors.

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Investment focus

  • Information Technology, Artificial Intelligence, Internet
  • Series A, Seed, Series B
  • Saudi Arabia, United Arab Emirates, Jordan

Portfolio highlights

  • Haseel — The new concept to meet your needs of vegetables and fruits selects you the best crops and the best prices in a way that is consistent with your digital age.
  • TruKKer — TRUKKER is one of the leading names of logistics & transportation companies in UAE, KSA, Egypt & across the GCC. We offer logistics & transport & truck rental services in the MENA Region. Call us on +971 600-524642.
  • Eureka — Discover Eureka AI our App measurement tools and how we help you grow in the Digital economy
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Saudi Venture Capital Company
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investment in the past 12 months

SVC has backed 31 VC and PE Funds and 5 Angel Groups that supported 525 Startups and SMEs via $1.6 Billion AUM INVESTMENTS 1.

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Investment focus

  • E-Commerce, Predictive Analytics, Software
  • Seed, Series A, Series B
  • Saudi Arabia, Germany, United States

Portfolio highlights

  • BARQ — BARQ is the first bullet delivery PaaS in the middle east, leading the e-commerce industry to achieve a 30 min. delivery time.
  • BALLURH — A SaaS platform that provides predictive analytics with smart recommendations for Retailers to enhance decision-making, increase revenue and improve customer satisfaction.
  • Lawazem | لوازم — It is the first B2B marketplace that is especially made to solve that problem. Lawazem consolidates all your operational purchases and spending in one place, whether it is groceries, stationary, cleaning materials, office accessories, or else.We go beyond to make your work environment even better, by providing gift and flower deliveries to youremployees and clients, arrange for internal events, and prepare for your guest and internal meetings through our hospitality partners.Finally, we even help in becoming your concierge for your international purchases, online purchases that require Credit Cards, and help you improve your sourcing process.Lawazem is here to help you anytime and every time.
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Tech Invest Com
VC Fund · Riyadh, Ar Riyad, Saudi Arabia

Saudi technology investment company established in 2005. We invest in growth stage tech startups in Saudi Arabia & Middle East North Africa (MENA) region

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Investment focus

  • E-Commerce, Software, Predictive Analytics
  • Series A, Funding Round, Seed
  • United Arab Emirates, Saudi Arabia, Jordan

Portfolio highlights

  • MBUZZ — MBUZZ servers, storage devices, and software are deployed by clients to digitally transform their services. To ensure that their customers' critical applications run constantly, perform properly, and grow with business needs, they offer a range of hardware, software, analytics, and services.
  • Merit Incentives — Merit Incentives provides gifts, rewards, and engagement strategies using innovative technologies in the MENA region.
  • Retailo Technologies — Retailo is an online regional B2B marketplace platform that serves small and medium-sized retail businesses, including kiryana and baqala stores, in the MENAP region. We are using technology to digitize and streamline the retail sector to make it more efficient.
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HALA Ventures
VC Fund · Khobar, Ash Sharqiyah, Saudi Arabia · 1 investment in the past 12 months

Technology VC that empowers GCC’s startups in their early-growth stages.

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Investment focus

  • FinTech, Software, Predictive Analytics
  • Seed, Series A, Pre-Seed
  • United Arab Emirates, Saudi Arabia, Egypt

Portfolio highlights

  • Torod — Torod is an API aggregator that enables E-store owners to select the best shipper based on price, insurance, destination, and item value, with a single click set-up.
  • Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
  • El-Dokan — El-Dokan is the first enterprise eCommerce software designed for large and growing retail stores in MENA to help them optimize their operations and improve their sales conversion.
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Derayah Venture Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia

Derayah Venture Capital is a Venture Capital Fund That Invests in High Growth Startups across the MENA region.

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Investment focus

  • Predictive Analytics, Financial Services, FinTech
  • Seed, Series A, Series B
  • Saudi Arabia, United Arab Emirates

Portfolio highlights

  • Eat App — Powerful restaurant reservation and guest management system. Flexible enough to use at both small and large restaurants. Sign up today. It's free!
  • Dawul — Dawul is a platform that allows investors to share details of the financial status of their portfolios with other investors.
  • Sanad Cash — faster reconciliation and books closing
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Khwarizmi Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investment in the past 12 months

Khwarizmi Ventures is a venture capital firm that seeks investments in startups with a passion for algorithms. It seeks to help create their vision, as they embark on a journey together that aligns their goals to improve quality of life using technology powered by algorithms.Ever since its launch in 2018, it has seed funded startups, assistedfounders, and scaled up several companies.

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Investment focus

  • E-Commerce, Software, FinTech
  • Seed, Series A, Pre-Seed
  • Saudi Arabia, Egypt, United Arab Emirates

Portfolio highlights

  • erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
  • Baytonia — Baytonia is an E-commerce marketplace that is dedicated to customer happiness and consistently provides exceptional value in the form of distinctive and high-quality homeware collections.
  • Dastgyr Technologies — Making trade and capital seamless and reliable
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Saudi Venture Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia

SVCIC is uniquely positioned to lead the development of the nascent venture capitalindustry in Saudi Arabia by providing unmatched levels of support for fundamentally strong small-to-medium enterprises (SMEs) that lack the necessary resources for growth and expansion.

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Investment focus

  • E-Commerce, Internet, Predictive Analytics
  • Seed, Series A, Series B
  • Saudi Arabia, Tunisia

Portfolio highlights

  • Pi Flow — Pi Flow operates as an accounting services provider. Pi Flow is a dedicated Virtual accounting team that offers bookkeeping services and strives to enhance the quality of our client's books.
  • DokkanAfkar — DokkanAfkar.com was created by a group of passionate guys who love and appreciate creativity, design and ideas. It was created to enable customers to buy cool unique products with ideas that are fun, unusual and unique. Our products have a focus on fun, uniqueness, defiantly clever, and entertaining products.
  • Nana — Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes.Nana wasestablished in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.
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MSA Capital
VC Fund · Beijing, Beijing, China · 4 investments in the past 12 months

MSA Capital is a global venture capital and private equity firm that invests in technology-enabled companies from seed to growth stage. The firm manages capital from the world's top sovereign wealth funds, international asset managers, pension funds, university endowments, fund of funds, and family offices, as well as China's leading neweconomy entrepreneurs.

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Investment focus

  • E-Commerce, Financial Services, Biotechnology
  • Series A, Seed, Series B
  • China, United States, Egypt

Portfolio highlights

  • Shenji Changhua — Shenji Changhua is a biotechnology company focusing on neurological diseases such as ALS.
  • Yanming Biology — Pyrotech pharmaceuticals is a biotechnology company that focuses om development for drugs for the treatment of inflammation and tumors.
  • Life Biosciences — Lingfu Bio is a service provider of the whole industry chain of experimental animals and animal models.
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Nama Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 5 investments in the past 12 months

Nama Ventures is a seed stage venture capital fund focused on fueling innovation in the MENA region, particularly in Saudi Arabia. ama Ventures is built upon the fundamental idea of enabling entrepreneurs to succeed. And as founders of Nama, we are thrilled to finally have the platform to implement this idea. Our hope is that entrepreneurs willingto partner with us will see and feel our value-add approach to investing.

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Investment focus

  • E-Commerce, Information Technology, Marketplace
  • Pre-Seed, Seed, Funding Round
  • Saudi Arabia, Egypt, United Arab Emirates

Portfolio highlights

  • Cargoz — Cargoz is a logistics startup that connects SMEs looking for warehousing space with warehousing companies who has extra capacity, like Airbnb but for commercial warehousing & storage.
  • Muqbis — As the word Muqbis means, our main job is to connect talented hands and home based businesses to their targeted customers and support them to grow their businesses hassle free. On the other hand Muqbis opens a wide market to support customers find “the made with love home products and services” they look for and compare varieties, prices and findnearby providers. In Muqbis we believe that world is changing, life patterns are changing and for sure work styles are changing and we are here for it.
  • ​Messenger — Messenger is a one-stop logistics platform that finances and aggregates end-to-end logistics and supply chain operations in order to assist businesses and logistics asset owners in achieving an efficient supply chain framework.
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Abercross Holdings
VC Fund · London, England, United Kingdom

Investing in privately owned, profitable, high growth, medium sized UK companies.

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Investment focus

  • B2B, Retail, Software
  • Seed, Series A, Private Equity
  • Saudi Arabia, United States

Portfolio highlights

  • Retailo Technologies — Retailo is an online regional B2B marketplace platform that serves small and medium-sized retail businesses, including kiryana and baqala stores, in the MENAP region. We are using technology to digitize and streamline the retail sector to make it more efficient.
  • Complete Business Solutions — Complete Business Solutions provides affordable business solutions for accounting, payroll, human resource, and personnel needs.
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Elm
VC Fund

Investment focus

  • E-Commerce, Internet, SMS
  • Series A, Seed, Series B
  • Saudi Arabia

Portfolio highlights

  • Zid زد — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
  • Cura — Cura Healthcare is a Saudi leading telehealth provider that provides digital health and telemedicine software and services. The company has developed state-of-the-art technologies to empower health communications, changing the way patients and doctors interact, diagnose, prescribe, give second opinions, manage chronic diseases, and provide primaryhealth care and well-being therapy sessions. For more information: https://cura.healthcare/en/
  • Syarah — Syarah is an online cars marketplaces.
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Wealth Well
VC Fund · Riyadh, Ar Riyad, Saudi Arabia

Wealth Well is an investment and wealth management firm that manages assets across real estate, private equity, and venture capital. The Riyadh, Riyadh-based firm was founded in 2015.

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Investment focus

  • FinTech, Financial Services, Predictive Analytics
  • Seed
  • Saudi Arabia, United Arab Emirates

Portfolio highlights

  • Tamara — Tamara is a fintech startup that offers a buy now, pay later platform that enables customers to pay on an installment basis, helping merchants to grow their sales. It specializes in the fields of financial services, fintech, and mobile apps.In 2020, Abdulmajeed Alsukhan, Turki Bin Zarah, and Abdulmohsen Albabtain co-established the company inRiyadh, Ar Riyad, Saudi Arabia.
  • RemotePass — RemotePass makes it easy to hire, onboard & pay your global team in full compliance, giving you everything you need to support them
  • Mala'a Technologies — Make better financial decisions with Malaa. Manage your financials, track your expenses, take a loan or invest your money all from one app. Connect you bank accounts and start today
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otf Jasoor Ventures
VC Fund · Muscat, Masqat, Oman

otf Jasoor Ventures is an early stage VC fund that invests in tech and tech-enabled startups in the MENA region

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Investment focus

  • Logistics, B2B, FinTech
  • Seed, Series A, Series B
  • United Arab Emirates, Saudi Arabia, Oman

Portfolio highlights

  • BARQ — BARQ is the first bullet delivery PaaS in the middle east, leading the e-commerce industry to achieve a 30 min. delivery time.
  • ELEVATUS — Hire the world's best talent with our award-winning recruitment software, Elevatus. Recruit a talented workforce that will help your company succeed and grow.
  • Dastgyr Technologies — Making trade and capital seamless and reliable
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 4 investments in the past 12 months

Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm.

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Investment focus

  • Health Care, Software, Information Technology
  • Seed, Funding Round, Pre-Seed
  • Finland, Sweden, Norway

Portfolio highlights

  • Reactional Music — GESTRUMENT is the revolutionary gesture based instrument.
  • EmbeDL — Efficient Deep Learning for Embedded Systems
  • Retein — Aquammodate is a greentech company that produces highly pure water at minimum energy cost.
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AgFunder
VC Fund · San Francisco, California, United States · 17 investments in the past 12 months

AgFunder invests in impactful companies that can positively transform the world's food system. Founded in 2013, AgFunder manages a portfolio of over 50 companies across four funds from offices in Silicon Valley and Singapore. Through its media platform AFN, it has built a global ecosystem of over 90,000 subscribers.

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Investment focus

  • Agriculture, AgTech, Biotechnology
  • Seed, Series A, Series B
  • United States, United Kingdom, India

Portfolio highlights

  • Azaneo — Azaneo develops lightning-fast electric weeding technology. Using only electrons - herbicide free.
  • Atinary — Atinary is an end-to-end AI, machine learning, robotics, and cloud computing technology platform for digitizing R&D operations.
  • Nium — Nium is creating nanotechnology that has a patent application, significantly reducing temperature, pressure, and overall emissions to produce cleaner, cooler, and greener ammonia. They formed carbon 13 for the climate emergency.
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Middle East Venture Partners (MEVP)
VC Fund · Dubai, Dubai, United Arab Emirates · 3 investments in the past 12 months

MEVP is a Middle East-focused venture capital firm that invests in the early and growth stages of innovative tech companies run by talented entrepreneurs in the Middle East with a focus on the GCC and Levant countries. With a team of 20 VC professionals across offices in Dubai, Beirut, Bahrain, Abu Dhabi, and Riyadh, MEVP manages 5 regional funds with more than USD 260 million in Assets Under Management. MEVP is the largest and most established VC firm in the region, with clear cross border investment appetite.

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Investment focus

  • E-Commerce, Software, SaaS
  • Series A, Seed, Series B
  • United Arab Emirates, Lebanon, United States

Portfolio highlights

  • invygo — Invygo is MENA's first & largest car subscription service creating accessible mobility options through an all-inclusive monthly subscription, all in a seamless app-based experience.For consumers: we provide them access to passenger cars without any financial burdens through a customizable month-to-month subscription through a mobile appFor Dealers: through our technology, they get access to a new business model that helps them generate revenue and reduce their depreciation and operational cost The company was founded in 2018 by Eslam Hussein and Pulkit Ganjoo in Dubai, UAE.
  • Yodawy — Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.
  • Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.
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Abunayyan Holding
VC Fund · Riyadh, Ar Riyad, Saudi Arabia

Abunayyan Holding are turnkey partners who provide integrated solutions in water, power and energy applications in Saudi Arabia, the Middle East and Africa.

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Investment focus

  • Information Technology, Internet, Food and Beverage
  • Series A, Seed
  • Saudi Arabia, United Arab Emirates

Portfolio highlights

  • Saee — At saee we delivering smiles through fulfilling online orders. Also integrate with saee.sa and deliver your shipments and track the couriers.
  • Lucidya — Lucidya is a tool for social media analytics powered by artificial intelligence and big data solution. lucidya have many uses like market research, benchmarking, crisis management , product development ..etc
  • MUNCH:ON — MUNCH:ON is a food tech startup that has cracked the subscription space in the UAE & KSA, focusing on offering meals from the best restaurants at a significant discount and with free delivery. The company has invested heavily in its scheduling, bundling and order prediction software which has enabled it to achieve massive cost savings for itsrestaurant partners that they then pass on to their users, often offering up to a 55% discount vs. restaurants' regular price. Whether it's employees ordering from their company's curated menu or users ordering for their families at home, the platform takes the usual hassle and cost out of food delivery in a financially (and environmentally) sustainable manner for all stakeholders
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Sukna Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investment in the past 12 months

Sukna ventures is a venture studio and fund based in Saudi Arabia.

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Investment focus

  • Information Technology, Financial Services, SaaS
  • Seed, Series A, Funding Round
  • Saudi Arabia, United Arab Emirates, United States

Portfolio highlights

  • Dawul — Dawul is a platform that allows investors to share details of the financial status of their portfolios with other investors.
  • Mozn — Confidently screen customers, monitor transactions and assess risk with powerful AI and seamless automation.
  • Marn.io — Marn is an hourly work solutions platform connecting Saudi businesses with thousands of Saudi job seekers in Retail, hospitality, F&B, and Hajj industries. As one of the first Saudi on-demand hourly staffing platform, Marn has had the trust of hundreds of well-known brands and hundred thousands of job seekers. Marn enables businesses to hirehourly staff to manage customers during peak hours and high seasons. All employees are fully vetted through interviews and tests that are prerequisites for joining the platform. Brands using Marn for recruiting save time and effort by letting our technology manage interviews, training, placement, shift scheduling, worker payments, performance reports, and task evaluation. Marn offers other services such as mystery shopper for hotels and retail, and sports events management.Learn more at Marn.io
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Class 5 Global
VC Fund · San Francisco, California, United States · 1 investment in the past 12 months

Class 5 Global is a venture fund investing in the next generation of emerging market entrepreneurs.

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Investment focus

  • FinTech, Financial Services, Finance
  • Seed, Pre-Seed, Series A
  • United States, Singapore, United Arab Emirates

Portfolio highlights

  • SoBanHang — SoBanHang helps small and micro businesses build online stores, reach more customers and manage cashflow effortlessly on smartphones
  • Prota Games — Prota Games is the most popular eSports learning platform of Brazil with League of Legends and Fortnite Classes
  • Field Materials, Inc. — Increase Margins and Cut Costs with Digital Procurement
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Sadu Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investment in the past 12 months

Sadu assist pre-seed, seed, and series A businesses in reaching the stage when they may get growth financing. Founded in 2021.

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Investment focus

  • SaaS, Software, Analytics
  • Seed
  • Saudi Arabia

Portfolio highlights

  • DataLexing — DataLexing is an All-in-One Data-Driven productivity platform that brings Insights, Apps, Notifications, Forms, and Sheets together in one place.
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Mutasami Family Fund
VC Fund

Mutasami Family Fund

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Investment focus

  • B2B, Delivery Service, Predictive Analytics
  • Pre-Seed
  • Saudi Arabia

Portfolio highlights

  • WeDeliver — weDeliver provides the best logistics and last-mile delivery services for eCommerce businesses in Saudi Arabia and other emerging markets.
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Le Augure
VC Fund · Jeddah, Makkah, Saudi Arabia · 1 investment in the past 12 months

Le Augure Holding Group is a privately owned, diversified investment group based in the Kingdom of Saudi Arabia (KSA) with investments in the Middle East, India, Europe and USA.

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Investment focus

  • FinTech, Predictive Analytics
  • Seed
  • Saudi Arabia

Portfolio highlights

  • Mthmr — Mthmr makes saving seamless, by enabling rounding-up transactions, recurring and direct deposits, as well as cashback from our partner retailers, which is automatically added to your savings account. Mthmr offers its users with a powerful spend analysis tool to keep them on top of their financials, along with many more features.
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Entrée Capital
VC Fund · London, England, United Kingdom · 9 investments in the past 12 months

We're a team of former serial founders managing $1B across a number of funds, with offices in Tel Aviv, London, and New York.

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Investment focus

  • Software, Financial Services, FinTech
  • Seed, Series A, Series B
  • United States, Israel, United Kingdom

Portfolio highlights

  • Swapp — Real estate developers, architects and engineers use Swapp to design buildings in a smart, flexible and efficient process.
  • Bria — Bria is a Computer Software company.
  • NetBox Labs — NetBox Labs makes the management of complex networks easier for operators by delivering open and composable products. The company's product NetBox Cloud offers an enterprise-grade, SaaS version of open-source NetBox.
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Mentors Fund
VC Fund · Redwood City, California, United States · 5 investments in the past 12 months

Mentors Fund is a venture capital firm that invests in capital-efficient startups that aim to digitally disrupt traditional businesses.

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Investment focus

  • Health Care, Software, Internet
  • Seed, Series A, Pre-Seed
  • United States, Pakistan, Egypt

Portfolio highlights

  • Truckistan — Truckistan is developing a logistics platform to make shipping faster and cheaper. The company provides real-time tracking, a customer dashboard, account management, and guaranteed transit time, as well as SaaS tools for routing, vehicle loading, and RFID implementation throughout the supply chain.
  • PartnerSlate — PartnerSlate is an online platform that helps food and beverage brands make the right strategic partnerships to get their next product to market. Brands can discover, connect and build relationships with contract manufacturers and other food industry partners across North America.
  • PartnerSlate — PartnerSlate is an online platform that helps food and beverage brands make the right strategic partnerships to get their next product to market. Brands can discover, connect, and build relationships with contract manufacturers and other food industry partners across North America.
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MetLife Foundation
VC Fund · Mexico City, Distrito Federal, Mexico

MetLife Foundation is committed to expanding opportunities for low- and moderate-income people around the world.MetLife Foundation partner with nonprofit organizations and social enterprises to create financial health solutions and build stronger communities, while engaging MetLife employee volunteers to help drive impact.

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Investment focus

  • Financial Services, FinTech, Finance
  • Seed, Grant, Pre-Seed
  • United Arab Emirates, Mexico, Turkey

Portfolio highlights

  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Ecomm-App — Ecomm-App is an online platform that helps online merchants to manage their inventory in real-time and invoice in seconds.
  • Fellow Pay — The faster, easier and fairer way to get your invoices paid and speed up your payment cycle. For B2B SMEs with long payment cycles across all industries.
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Riyad Bank
VC Fund · Riyadh, Ar Riyad, Saudi Arabia

Riyad Bank SJSC is a Saudi Arabia-based bank that provides banking and investment services. The Bank offers its services through four segments: the Retail segment covers deposit, credit and investment products for individuals and small to medium sized businesses; the Investment banking and brokerage segment provides investment management servicesand asset management activities related to dealing, managing, arranging, advising and custody of securities; the Corporate segment handles corporate customers’ current accounts and deposits, and provides loans, overdrafts and other credit facilities and derivative, the Treasury and Investments segment provides money market trading and treasury services, as well as the management of the Bank’s investment portfolios. The Bank also provides Islamic banking products to its customers.

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Investment focus

  • Banking, FinTech, Lending
  • Series A
  • Saudi Arabia

Portfolio highlights

  • Forus Financial — Invest in Debt and Alternative Assets.
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SVC
VC Fund · Zürich, Zurich, Switzerland

SVC - Ltd. for Risk Capital for SMEs provides Swiss SMEs and start-up businesses with venture capital of up to CHF 100 million. Innovative companies in various development phases are supplied with venture capital in the form of additional equity capital or as loans with profit participation. The focus is on the consolidation of Switzerland as acenter of employment and the creation or preservation of jobs. SVC - Ltd. for Risk Capital for SMEs is active throughout Switzerland.

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Investment focus

  • Medical, Biotechnology, Information Technology
  • Series A, Seed, Pre-Seed
  • Switzerland, Germany, Saudi Arabia

Portfolio highlights

  • Nezasa — Nezasa’s travel booking solution empowers travel brands globally to combine all planning and booking related actions into one seamless end-to-end experience.Our tools, enable to plan and book any type of multi-product or multi-stop itinerary.TripBuilder Hyper-personalised packaging Real-time planning and booking of personalised itinerariesPowerful, easy to use and very interactive Deep integration possibilities into existing fulfilment landscapes Enterprise-grade, proven with large TO customersTripBooster Hyper-personalised In-Destination Upselling The extension of TripBuilder’s power throughout the entire travel lifecycle The perfect travel companion Seamless purchasing of perfectly fitting additional products Smart upselling recommendation, available in both a push and pull mode
  • THEMAR — We Are Connecting Investors To SMEs For Easy Funding
  • Waggle — Waggle enables retail investors to participate in primary market investments and provides additional support for innovations.
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Agility Ventures
VC Fund · Prescott, Arizona, United States

Agility Ventures specializes in financing and consulting for the Broadband Industry. Founded by owners and managers of successful Wireless Internet Service Providers (WISPs) and technology finance companies, Agility offers a compelling partnership for their clients, manufacturers, distributors and users of wireless technology.

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Investment focus

  • Retail, Internet, E-Commerce
  • Seed
  • Saudi Arabia

Portfolio highlights

  • Zid زد — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
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Yazeed Al-Rajhi and Brothers Holding Company
VC Fund · Riyadh, Ar Riyad, Saudi Arabia

Yazeed Al-Rajhi and Brothers Holding Company invests mainly in the food and beverage sector with more focus on restaurants.

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Investment focus

  • Banking, FinTech, Lending
  • Series A
  • Saudi Arabia

Portfolio highlights

  • Forus Financial — Invest in Debt and Alternative Assets.
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Flat6Labs
VC Fund · Gîza, Al Jizah, Egypt · 8 investments in the past 12 months

Flat6Labs is the MENA region’s leading seed and early stage venture capital firm, currently running the most renowned startup programs in the region. Annually, Flat6Labs invests in more than 100 innovative and technology-driven startups enabling thousands of passionate entrepreneurs to achieve their daring ambitions and ultimately becoming theirinstitutional co-founders. Flat6Labs manages a number of seed funds with a total AUM in excess of $85M. More than 25 leading institutions have invested into the Flat6Labs managed funds; believing in the asset class and Flat6Labs’ proven track record as the market leader.. Flat6Labs provides a wide range of investment ticket sizes ranging from $50K to $500k, supporting startups through their early journeys from Pre-Seed all the way to Pre-Series A stages. Alongside to the investments, Flat6Labs’ exceptional startup programs, executed to cater specifically for the needs of the innovative entrepreneurs, helps them accelerate their growth by providing them with a plethora of support services and connecting them to unparalleled opportunities with an expansive network comprising hundreds of business mentors, investors and corporates. Launched and headquartered in Cairo since 2011, Flat6Labs has multiple offices across the region; with ongoing plans to expand into other emerging markets.

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Investment focus

  • Software, E-Commerce, Apps
  • Seed, Pre-Seed, Funding Round
  • Egypt, United Arab Emirates, Saudi Arabia

Portfolio highlights

  • Midient — We help restaurants collect, analyze, and act on their customer data to increase customer satisfaction and increase revenue.
  • Growdash — Growdash is a business intelligence and analytics tool built specifically for restaurants to support profitable growth strategic decisions across online sales channels.
  • Agel — Agel aim at reshaping the traditional financial services business model, operational model and customer experience to unlock a unique finance avenue for (“MSMEs”), with a core preposition of availing industry-agnostic merchandise credit limit for Merchants within Agel network in a manner that is Digital, Cashless and Sharia compliant, aligning withthe UN Global (“SDG”) goals, and Egypt’s 2030 plan towards financial inclusion and sustainability.our goals are: - Empowering MSMEs growth, - Accelerating Financial Inclusion, - Eradicating Informal Economy, - Raising Financial literacy
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RAI group
VC Fund

RAI group provides short-term cash flow or support growth capital for small to middle-market companies.

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Investment focus

  • Apps, FinTech, Financial Services
  • Pre-Seed
  • Saudi Arabia

Portfolio highlights

  • Wafeer — Wafeer is a fintech personal finance management app that provides financial solutions.
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Terra VC
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in the past 12 months

An early-stage deeptech VC firm with focus on climate tech, life sciences, and next-gen computing.

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Investment focus

  • Internet, Software, Machine Learning
  • Series A
  • United Kingdom

Portfolio highlights

  • Hazy — Hazy is a UCL AI spin out backed by Microsoft and Nationwide. Our core product is synthetic data - data generated artificially using machine learning techniques, that retains the statistical properties of the real data and can be safely used for analytics and innovation without compromising customers privacy and confidential information. We do itby capturing patterns in the raw data to generate completely synthetic 'hazy' data that maintains the statistical value of the original. This means businesses can unlock their data for innovation freely with safer and faster data provisioning on demand and no compliance, security or privacy risks and procurement delays.
  • DESAISIV — DESAISIV, a MENA based InsurTech startup specialising in health insurance which is transforming health insurance for insurers and clients through exploiting their advanced AI solutions which were developed in collaboration with top machine learning scientists from the University of Oxford. DESAISIV’s philosophy is simply to put AI at the centre ofall decision making. This AI-driven approach guarantees that clients of Groups and SMEs will get optimized insurance policies tailored to their needs, also it will make sure that insurance companies will optimise their processes using the latest AI technologies. Benefitting from access to a vast database of hundreds of millions of patient records, DESAISIV has achieved an impressive average prediction accuracy of over 95%. Demonstrating their commitment to excellence, they have set an ambitious target to exceed 99% accuracy by the end of this year. Through their AI-driven products, DESAISIV streamlines various aspects of health insurance, including automating underwriting procedures, tailoring policy's benefits and coverage, improving quality of service by predicting developing diseases, identifying high-risk behaviours, and reducing customer attrition.
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WAED Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 2 investments in the past 12 months

Wa’ed Ventures is a $500 million venture capital fund with the aim to accelerate the development of an integrated startup ecosystem by investing in local tech-based startups and incentivizing global entrepreneurs to localize their tech innovations in the Kingdom.

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Investment focus

  • Apps, Coffee, Internet
  • Series B
  • Kuwait

Portfolio highlights

  • Mthmr — Mthmr makes saving seamless, by enabling rounding-up transactions, recurring and direct deposits, as well as cashback from our partner retailers, which is automatically added to your savings account. Mthmr offers its users with a powerful spend analysis tool to keep them on top of their financials, along with many more features.
  • COFE App — Coffee Ordering Fast & Efficient. Your very own online coffee marketplace!Home of your favourite coffee brands. Discover COFE App caters to all your coffee needs & essentials. It is designed to brew your coffee with top of the notch technological advancements. 1 2 3 1 COFE Nearby Select our Pick Up & Go, Get COFE ... Read more
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ACE Investment Partners Ltd.
VC Fund · Geneva, Geneve, Switzerland

ACE Investment Partner is a Geneva based investor with a focus on early & venture opportunities.

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Investment focus

  • Software, Renewable Energy, Collaboration
  • Seed, Funding Round, Series A
  • Switzerland, United States, Saudi Arabia

Portfolio highlights

  • Enuu — Connected Epods and Ecargos.
  • Skydweller — Skydweller is a US-Spanish aerospace company developing solar powered aircraft solutions capable of achieving perpetual flight with the highest—and most meaningful—payload capacity. Utilizing technology based upon the longest continuous solar powered flight program in history, our fast-growing startup is developing a new class of unmanned aircraft,providing the persistence of geosynchronous satellites with the powerful sensing capabilities and range of a large, airborne platform.
  • Natufia — Grow and harvest fresh vegetables, herbs and flowers all year round and enjoy unparalleled freshn...
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ACE & Company
VC Fund · Geneva, Geneve, Switzerland · 8 investments in the past 12 months

ACE & Company (“ACE”), founded in 2005, is a global investment group specialized in private investments with total assets of over $1.6 bn across three investment strategies and investment solutions. With headquarters in Geneva and offices in London, New York, and Cairo, ACE’s global presence brings the company in direct contact with sourcingpartners, investment firms, as well as entrepreneurs and provides investors unparalleled access to a network of opportunities. ACE’s passion is for finding investment opportunities where we have an advantage through many years of relationship building, a carefully developed position of knowledge in the sectors which we are active, and a culture of efficiency to gain first mover’s advantage. ACE’s purpose is to offer investors a long-term and collaborative investment approach that values honesty, transparency and rigorous execution, so that our strategies not only provide unique access to value accretive, risk-managed deals, but fosters what we consider our bedrock—trust.ACE’s progress has been marked by a globally respected track record since the Company was founded in 2005. In the last four years we have increased our total assets by fivefold and in 2017 received the Swiss Financial Supervisory Authority (FINMA) authorization.

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Investment focus

  • Software, FinTech, Financial Services
  • Seed, Funding Round, Series A
  • United States, Switzerland, United Kingdom

Portfolio highlights

  • DePoly — DePoly is a spin off out of the LSMO lab at EPFL- Valais that has developed a novel technology allowing for the chemical recycling of PET plastic back to its main two components ethylene glycol (EG) and terephthalic acid (TPA). Our approach turns low valued materials (PET waste) into high-valued chemicals like TPA creating a circular economy. Weexpect this process to generate revenue from chemically recycling PET to TPA/EG, which can be sold back to industry to make new virgin PET plastic and allowing for a sustainable source of TPA and EG on the market.
  • ANYbotics — ANYbotics provides autonomous legged robots for industrial applications to provide high availability and reliability in automated routine inspections.
  • Pledge — Pledge makes it simple for businesses of every size to measure, reduce and offset the climate impact of their products.
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Derayah Financial
VC Fund · Riyadh, Ar Riyad, Saudi Arabia

Derayah Financial is a financial services firm that has built and operates the first mutual fund supermarket in Saudi Arabia.

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Investment focus

  • Marketplace, Information Technology, Food and Beverage
  • Seed, Series A, Pre-Seed
  • Saudi Arabia, United Arab Emirates

Portfolio highlights

  • Eat App — Powerful restaurant reservation and guest management system. Flexible enough to use at both small and large restaurants. Sign up today. It's free!
  • Sary — Sary is a B2B marketplace for wholesale, groceries, stores, offices, cafes, restaurants, and hotels in Saudi Arabia and Egypt. Shop for your business from a wide range of suppliers and distributors in one place. Get the best wholesale market prices, various items, great sales deals, offers, and discounts, fast delivery, order tracking, online payment, and cash on delivery with one click
  • Speero — Speero is an automotive spare part market place.
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