Top 8 Venture Capital Firms in Saudi Arabia (2026)

Saudi Arabia's startup scene is quickly becoming a focal point for founders. Firms like Wa’ed Ventures, with over 90 investments, and Saudi Aramco Energy Ventures, with more than 15 exits, are helping to build this momentum.

They are joined by a growing number of other active funds, each with its own focus and approach. For founders looking for the right partner, it helps to know who the main players are.

Below is our list of the best 8 VC firms in Saudi Arabia.

Failory's Top 8 Picks

1. STV

STV invests in high-growth technology companies across the MENA region, supporting them from the seed stage through later rounds. Anchored by STC, MENA's largest telecom operator, they give portfolio companies direct access to the operator's network, channels, and customer base to accelerate growth.

2. Aramco Ventures

Aramco Ventures invests globally in startups and high-growth companies whose technologies hold strategic importance for its parent company, the energy giant Aramco. They support businesses from seed to late stage to accelerate the development and deployment of new tech in areas like sustainability and digital transformation.

3. Khwarizmi Ventures

Khwarizmi Ventures provides early-stage funding to startups building technology powered by a passion for algorithms. They partner with founders to help realize their vision, focusing on ventures that aim to improve quality of life.

4. Wa’ed Ventures

With a $500 million fund, Wa’ed Ventures is dedicated to accelerating Saudi Arabia's startup ecosystem. The firm invests in local tech companies and also incentivizes global entrepreneurs to bring their innovations to the Kingdom.

5. Impact46

Functioning as an asset manager and advisor, Impact46 provides access to alternative investments by funding startups from seed to late stage. Their portfolio highlights a focus on sectors like fintech and logistics, featuring companies such as Homzmart, DAWUL, and Shuttle.

6. Prosperity7 Ventures

Prosperity7 Ventures invests in early to growth-stage technology companies across sectors like enterprise tech, blockchain, and MedTech. As the diversified growth fund of Aramco Ventures, they provide long-term capital and support for startups seeking international expansion and impact.

7. Saudi Aramco Energy Ventures

As the corporate venture capital arm of Aramco, Saudi Aramco Energy Ventures invests globally in startups with technologies of strategic importance to the energy giant. The firm supports companies from early to late stages across sectors like sustainability and digitalization, accelerating their development for deployment within Aramco’s operations.

8. Rua Growth Fund

Born from a strategic partnership between Osool & Bakheet Investment Company and iMENA Group, Rua Growth Fund backs tech ventures across Saudi Arabia. They support companies from early to late stages, aiming to cultivate the next generation of technology leaders in the region.