Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
The Founder's Handbook
Download Our Free Guide: The Perfect Pitch Deck

This free eBook goes over the 10 slides every startup pitch deck has to include, based on what we learned from analyzing 500+ pitch decks, including those from Airbnb, Uber and Spotify.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Perfect Pitch Deck eBook
Download Our List of The Top 100 Accelerators & Incubators

This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries they generally invest in.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
100 Accelerators & Incubators
Download Our List of The Top 100 Venture Capital Firms

This free sheet contains 100 VC firms, with information about the countries, cities, stages, and industries they invest in, as well as their contact details.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
VC Firm Lead Magnet
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
100 Top Unicorns

Top 10 Venture Capital Firms in Saudi Arabia in 2024

Description

CTA

Finding the right VC firm or investor isn’t easy. Some will provide mentorship and operational expertise. Others will only provide you with the capital.

Here’s a list of the top venture capital firms in Saudi Arabia so that you can find an investor that fits you and your startup.

10 Venture Capital Firms in Saudi Arabia

Fundraising OS
Tool
Fundraising OS

Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.

Buy It For $97 $297
VC Firms List
Sheet
1,000 VC Firms

Information about the countries, cities, stages, and industries they invest in, as well as their contact details.

Get the Sheet for $50
AI Investors
Sheet
250 AI Investors

List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.

Get the Sheet for $50
BioTech & Health Investors
Sheet
250 BioTech & Health Investors

List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.

Get the Sheet for $50
FinTech Investors
Sheet
250 FinTech Investors

List of startup investors in the FinTech industry, along with their Twitter, LinkedIn, and email addresses.

Get the Sheet for $50

1) 500 Startups

500 Startups

500 Global is a globally renowned venture capital firm investing in early-stage tech companies.

Details of the VC firm:

  • Country: USA, India, United Kingdom, Brazil, France, Hong Kong, Singapore, United Arab Emirates, Azerbaijan, Egypt, Bahrain, Saudi Arabia, Thailand, China, Malaysia, Cambodia, South Korea, Taiwan
  • City: San Francisco, Austin, Las Vegas, Mexico City, Miami, New York, São Paulo, Washington, Abu Dhabi, Baku, Cairo, Dubai, Manama, Riyadh, Bangalore, Bangkok, Hangzhou, Ho Chi Minh City, Jaipur, Kuala Lumpur, Nagoya, Phnom Penh, Seoul, Shanghai, Taipei, Tokyo
  • Started in: 2010
  • Founders: Christine Tsai, Dave Mcclure
  • Industries: SaaS, Media, E-Commerce, Consumer, Healthcare, Proptech & Real Estate, Hardware & Industrials, Education, Devops, Fintech, Crypto & Blockchain
  • Stages: Early Stage, Seed
  • Minimum check size: $50,000
  • Maximum check size: $250,000
  • Number of investments: 2600
  • Number of exits: 339
  • Funds raised: $67,000,000,000
  • 3 remarkable investments: Canva, Solana, Reddit

You can find their website here.

You can send them an email at info@500startups.com.

2) Enterprise Ireland

Enterprise Ireland

Enterprise Ireland is a government organisation that provides investment support and opportunities for founders looking to build their businesses in Ireland.

Details of the VC firm:

  • Country: Ireland, Germany, Hungary, Denmark, France, Netherlands, Italy, Sweden, Spain, Czechia, United Kingdom, Belgium, Poland, Brazil, USA, Canada, United Arab Emirates, Australia, China, Japan, Singapore, Vietnam, India, South Korea, Saudi Arabia, Nigeria, South Africa, Kenya
  • City: Dublin, Düsseldorf, Budapest, Paris, Amsterdam, Milan, Stockholm, Madrid, Prague, London, Brussels, Warsaw, São Paulo, Austin, Toronto, New York, Dubai, Sydney, Hong Kong, Tokyo, Singapore, Ho Chi Minh City, Beijing, Mumbai, Seoul, Riyadh, Lagos, Johannesburg, Nairobi, Shannon, København
  • Started in: 1998
  • Industries: Life Sciences, Industrial
  • Stages: Pre-Seed, Seed, Series A, Series B, Series C
  • Maximum check size: €50,000
  • Number of investments: 686
  • Number of exits: 78
  • Funds raised: €216,100,000
  • 3 remarkable investments: Profitero, Immersive VR Education, Invinity Energy Systems PLC

You can find their website here.

You can send them an email at equitydept@enterprise-ireland.com.

3) MSA Capital

MSA Capital

Headquartered in Beijing, MSA backs Chinese tech entrepreneurs.

Details of the VC firm:

  • Country: China, Singapore, Saudi Arabia, United Arab Emirates, Bahrain
  • City: Beijing, Shanghai, Singapore, Riyadh, Abu Dhabi, Manama
  • Started in: 2014
  • Founders: Jenny Zeng
  • Industries: Health & Wellness, Consumer, Enterprise
  • Stages: Seed, Early Stage, Late Stage
  • Number of investments: 76
  • Number of exits: 13
  • Funds raised: $837,000,000
  • 3 remarkable investments: Uber, Nio, Meituan

You can find their website here.

You can send them an email at info@msacap.com.

4) Shorooq Partners

Shorooq Partners

Based in Abu Dhabi, Shorooq Partners is an early-stage venture capital backing founders in the Middle East, North Africa and Pakistan.

Details of the VC firm:

  • Country: Saudi Arabia, United Arab Emirates, Bahrain
  • City: Abu Dhabi, Riyadh, Manama
  • Started in: 2016
  • Founders: Mahmoud Adi
  • Industries: Healthcare, InsurTech, Marketplace, Big Data & Analytics, Supply Chain & Logistics, Fintech, Future of Work, AI & ML
  • Stages: Early Stage, Pre-Seed, Seed, Series A
  • Number of investments: 72
  • Number of exits: 10
  • Funds raised: $200,000,000
  • 3 remarkable investments: Tamara, ZenLedger, Colabs

You can find their website here.

You can send them an email at hello@shorooq.com.

5) Bonsai Venture Capital

Bonsai Venture Capital

Bonsai Venture Capital has been investing in early-stage companies since 1999.

Details of the VC firm:

  • Country: Turkey, Belgium, Spain, Saudi Arabia, Colombia
  • City: Riyadh, Brussels, Madrid, Istanbul, Bogotá, Medellín
  • Started in: 2006
  • Founders: Alfonso De León
  • Industries: Gaming, Fintech, Healthcare, Cybersecurity, Travel & Hospitality
  • Stages: Early Stage, Growth
  • Minimum check size: €250,000
  • Maximum check size: €2,500,000
  • Number of investments: 63
  • Number of exits: 38
  • Funds raised: €3,500,000
  • 3 remarkable investments: Frenetic, Signaturit, Miss Tipsi

You can find their website here.

6) Raed Ventures

Raed Ventures

Located in Saudi Arabia, Raed Ventures invest in tech companies in the MENA region.

Details of the VC firm:

  • Country: Saudi Arabia
  • City: Riyadh
  • Started in: 2015
  • Founders: Saed Nashef, Omar Almajdouie
  • Industries: Fintech, E-Commerce, Supply Chain & Logistics, Education, Healthcare, Enterprise, Consumer, AI & ML, SaaS, Marketplace, InsurTech, Automative, Entertainment
  • Stages: Early Stage, Seed
  • Number of investments: 55
  • Number of exits: 4
  • Funds raised: $12,600,000
  • 3 remarkable investments: Sylndr, Opontia, Sary

You can find their website here.

You can send them an email at info@raed.vc.

7) Impact46

Impact46

Impact 46 is an investment firm funding Saudi Arabian opportunities.

Details of the VC firm:

  • Country: Saudi Arabia
  • City: Riyadh
  • Started in: 2019
  • Founders: Abdulaziz Alomran
  • Industries: Supply Chain & Logistics, Fintech, Marketplace, Healthcare, DTC
  • Stages: Seed, Series A
  • Minimum check size: SR500,000
  • Maximum check size: SR7,000,000
  • Number of investments: 40
  • Number of exits: 4
  • Funds raised: SR24,000,000
  • 3 remarkable investments: Homzmart, DAWUL, Shuttle

You can find their website here.

You can send them an email at info@impact46.sa.

8) Hala Ventures

Hala Ventures

HALA Ventures, based in Saudia Arabia, is one of the most active MENA venture capital funding early and growth-stage tech companies.

Details of the VC firm:

  • Country: Saudi Arabia
  • City: Al Khobar
  • Started in: 2018
  • Founders: Hussain Almarhoon
  • Industries: InsurTech, Marketplace, Fintech, Food & Beverage, API, Education, Media, Productivity
  • Stages: Late Stage
  • Number of investments: 31
  • Number of exits: 2
  • Funds raised: $24,000,000
  • 3 remarkable investments: El-Dokkan, Krave Mart, CreditFins

You can find their website here.

You can send them an email at Info@halavc.com.

9) TAQNIA

TAQNIA

Riyadh Taqnia Fund is a VC fund for global tech startups providing seed to series B investments.

Details of the VC firm:

  • Country: Saudi Arabia
  • City: Riyadh
  • Started in: 2016
  • Founders: Hani Enaya
  • Industries: E-Commerce, Consumer, Fintech, Supply Chain & Logistics
  • Stages: Seed, Series A, Series B
  • Number of investments: 21
  • Number of exits: 2
  • Funds raised: $5,600,000
  • 3 remarkable investments: Haseel, Beehive, Foodics

You can find their website here.

You can send them an email at rtfund@riyadcapital.com.

10) DAAL Ventures

DAAL Ventures

Daal Ventures is a Saudi Arabic venture capital firm investing in Middle-Eastern tech entrepreneurs.

Details of the VC firm:

  • Country: Saudi Arabia
  • City: Al Khobar
  • Started in: 2018
  • Founders: Abdulrahman Alqahtani
  • Industries: Marketplace, Fintech, SaaS, AI & ML, DTC, Big Data & Analytics, IoT
  • Stages: Early Stage
  • Number of investments: 16
  • Number of exits: 3
  • 3 remarkable investments: Datlo, Wuilt, Eventtus

You can find their website here.

You can send them an email at Info@daal.io.

Description

CTA
The All-In-One Newsletter for Startup Founders

90% of startups fail. Learn how not to with our weekly guides and stories. Join +40,000 other startup founders!

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.