# Top 15 Consumer VC (Venture Capital) Funds in Saudi Arabia in May 2026

## Saudi Aramco Entrepreneurship Ventures
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 5
- Stages: Series A, Seed
- Focus: Information Technology, Software, Intelligent Systems

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.

## Saudi Aramco
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Energy, Oil and Gas, Information Technology

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.

## Oqal
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: E-Commerce, Information Technology, Marketplace

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

## Impact46
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: E-Commerce, Financial Services, Predictive Analytics

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## 100 Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: B2C, SaaS, Beauty

100 Ventures is an investment firm and its invests in pre-seed and seed startups companies.

## Khwarizmi Ventures
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: E-Commerce, Software, FinTech

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.

## Techstars Accelerator
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Convertible Note
- Focus: B2C, SaaS, Hotel

Techstars Accelerator

## Ithraa Capital
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed
- Focus: B2C, SaaS, Beauty

Ithraa Capital is a company that specializes in Investment services.

## Dual Gate Investment Holding
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: B2C, SaaS, Beauty

Dual Gate Investment Holding

## Entrepreneur Venture
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Software, Internet, Marketing

Entrepreneur Venture is a private equity firm based in Paris, France. The firm seeks to invest in the retail, SaaS, and e-commerce sectors. The firm prefers to invest in companies based in Europe.

## Lucrative Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: B2C, SaaS, Beauty

Lucrative Ventures operates as an Investment Firm.

## Wamda Capital
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Internet, Financial Services

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.

## EQ2 Ventures
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: E-Commerce, Advertising, Retail

EQ2 Ventures is an investment firm that invests in Seed to Series B-stage startup companies. It was incorporated as a spin-off of Equitrust, a corporate VC arm launched in 2015 by Choueiri Group to capture opportunities linked to the digital transformation of the Middle East. Relying on a strong network of strategic investors and mentors, EQ2Ventures helps talented entrepreneurs solve major consumers and business problems, build sustainable companies. and create long-term value.

## Raed Ventures
- Type: VC Fund
- Location: Dammam, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: E-Commerce, Software, Financial Services

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

## PreAngel
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Angel, Seed, Series A
- Focus: Internet, Software, Blockchain

PreAngel is a 30M RMB investment fund focused on early stage internet startups. Investment on each project range from 100K to 1M RMB. In addition to investment, PreAngel plays a key role as "co-founder", providing guidance in startup operation, business model refinement and industry resources.

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