Sanabil

Sanabil Investments is a sovereign wealth fund specializing in direct and fund of funds investments. Its investments are concentrated in direct equity investments, primarily in the Kingdom, and in funds, as well as in diversified investment portfolios. These investments support the growth of the Kingdom’s economy while building international investment capability and transferring expertise to local Saudi talent.

Hani Enaya

Head of Venture Capital

Past deals in United Arab Emirates

Socialee

Pre Seed Round in 2023
Socialee is a video commerce platform connecting brands, content creators and consumers through honest product reviews.. The company was founded in 2023 and is based in Dubai, UAE and operations in KSA. On Socialee consumers can shop through honest video reviews from fellow shoppers and their favorite creators, who can monetize their content based on how authentic consumers find their reviews.

Wellx

Seed Round in 2023
Headquartered in the DIFC Innovation Hub, Dubai, UAE, Wellx is the Middle East’s first wellness-backed InsureTech. Founded by Vaibhav Kashyap and Javed Akberali, Wellx aims to disrupt the insurance landscape in the region by offering individuals, families, corporates and SMEs health insurance that incentivize engagement in various wellness activities such as gym visits, healthy eating, focusing on mental wellness, utilising wearable tech, and much more. The company also uses cutting-edge data analytics tools to hyper personalize the wellness experience. Wellx is a digital-first brand, users can complete their insurance journeys online.

Siolla.

Pre Seed Round in 2022
Siolla. develops an online platform that offers micro-investing from spare changes. It allows users to manage and budget their finances. Siolla. is based in Dubai, United Arab Emirates.

Countd

Pre Seed Round in 2022
Countd is a personalised nutrition and fitness platform that empowers users to lead healthier lives by offering expert designed meal plans, AI personalised insights, and fitness rewards. Leveraging data-driven insights, the platform enables health professionals to create customised solutions and track their clients' progress through the Countd Wellness Dashboard. Focused on improving overall health and fostering lasting behavior change, Countd combines innovative technology with expert knowledge to revolutionise the health and wellness industry.
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