# Top 20 Hardware VC (Venture Capital) Funds in Jordan in May 2026

## Innovative Startups and SME’s Fund (ISSF)
- Type: VC Fund
- Location: Amman, Amman, Jordan
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, Health Care, Food and Beverage

The Innovative Startups and SMEs Fund (“ISSF”) is a private sector managed fund making investments in innovative startups and early stage SMEs. The World Bank has invested USD 50 million in the Fund which was complimented by the Central Bank of Jordan with an additional USD 48 million bringing the total working capital of the ISSF to USD 98million.

## Propeller Inc.
- Type: VC Fund
- Location: Amman, Amman, Jordan
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Computer

Capital is important, but your first customers, hires and product are fundamental to building great companies. As builders ourselves, we understand that product-market fit is the only thing that matters.

## Jabbar Internet Group
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: E-Commerce, Retail, Information Technology

The exit of Souq to Amazon is the largest tech transaction of the region, and Souq continues to pave the way in e-commerce in the region. Souq was built from the ground up by the same team at Jabbar, who built the Maktoob portal before that. Maktoob was born out of a simple idea but with a vision that the Arabic Internet will grow and become anintegral part of everybody's life, and grew to become the largest Arabic Internet property before Yahoo acquired it.Both the Souq and Maktoob stories have become inspiring success stories in the region, where budding entrepreneurs and VC's alike, look to our team for inspiration and new ideas.Today Jabbar continues to grow and pave the way for tech in the region. It is in this spirit that we embrace any entrepreneur who is willing to innovate and take risks in order to create something great. Jabbar nurtures such individuals and supports nascent ideas that are in line with its mission. So join our journey :-)

## Silicon Badia
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, SaaS, Information Technology

Silicon Badia is a venture capital firm providing networks and support to leading technology entrepreneurs around the world.

## Algebra Ventures
- Type: VC Fund
- Location: Cairo, Al Qahirah, Egypt
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Marketplace, E-Commerce, Software

Algebra Ventures invests in technology startups that leverage innovation to transform large markets. They seek high-growth companies, led by passionate and capable teams, that have a unique value proposition, and that can generate significant economic returns.Algebra Ventures looks for entrepreneurial teams that possess vision and insight as wellas the execution skills needed to build scalable companies. Algebra Ventures focuses on Series A and Series B rounds in Egypt although they do not exclude investments in earlier-stage startups or in other parts of the MENA region. They prefer to meet startups early on and get to know the team as the opportunity is shaping up.

## Khwarizmi Ventures
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 2
- 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.

## 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.

## HALA Ventures
- Type: VC Fund
- Location: Khobar, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: FinTech, Software, Predictive Analytics

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

## Beyond Capital
- Type: VC Fund
- Location: Amman, Amman, Jordan
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Video, Gaming, Content

Funded by USAID, Beyond Capital is an LC created through a joint partnership between Endeavor Jordan, a leading non-profit that supports high-impact entrepreneurs, & Silicon Badia, a global venture capital firm focusing on investments in the tech sector.

## Injaz
- Type: VC Fund
- Location: Amman, Amman, Jordan
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Virtualization, Food and Beverage

INJAZ was founded in 1999 as a project under a USAID-funded program, Save the Children. In 2001, INJAZ became an independent, nonprofit Jordanian organization. Over the past 18 years, INJAZ has established itself as a leading solution provider linking the public, private, and civil society sectors to bridge the skills gap between the educationalsystem and the changing needs of the labor market.

## Financial Horizon Group
- Type: VC Fund
- Location: Khobar, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, FinTech, Finance

Financial Horizon Group is a family office that was established in 2014 in the Kingdom of Saudi Arabia. Its services vary from Investment, Recruitment, and Consultancy.

## Edgo VC
- Type: VC Fund
- Location: Amman, Amman, Jordan
- Relevant deals: 1
- Stages: Series A
- Focus: FinTech, Finance, Computer

Edgo VC is the venture capital arm of Edgo, under which the group’s direct and indirect venture capital activities are consolidated. Edgo VC takes an opportunistic approach to venture capital investing and is sector, stage, and region agnostic.

## DASH Ventures
- Type: VC Fund
- Location: Amman, Amman, Jordan
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Financial Services, FinTech

DASH Ventures is a Venture Capital firm operating at the forefront of MENA’s rapidly transforming economic landscape.

## Select Ventures Holdings
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: E-Commerce, Electronics, Sporting Goods

Select Ventures Holdings is a UAE-based investment management firm.

## SANAD Fund
- Type: VC Fund
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 1
- Stages: Pre-Seed, Series A
- Focus: SaaS, Computer, Internet

The SANAD* Fund for MSME views the micro, small and medium enterprise sector as an engine of economic development, job creation and prosperity in the Middle East and North Africa (MENA). This also makes it a vast and as yet untapped investment opportunity.To realize this potential, SANAD provides debt and equity financing to local partnerinstitutions for on-lending to micro, small and medium enterprises (MSMEs) and fueling their growth.

## Etihad Bank
- Type: VC Fund
- Relevant deals: 1
- Focus: Computer, Software, Staffing Agency

Bank

## VentureSouq
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: FinTech, Financial Services, Software

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

## Morningstar Ventures
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Gaming

We are a proprietary investment firm focused on digital assets and blockchain technology, primarily focused on the Elrond Ecosystem.

## Nama Ventures
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: E-Commerce, Information Technology, Marketplace

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.

## Vision Ventures
- Type: VC Fund
- Location: Dammam, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, Software, Information Technology

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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