Seedra Ventures

Seedra Ventures is an early-stage venture capital firm established in 2019 and based in Riyadh, Saudi Arabia. The firm is dedicated to fostering disruptive innovations and trends throughout the region, focusing on sectors such as business-to-business, commercial services, business-to-consumer, energy, financial services, healthcare, and technology. Seedra Ventures aims to provide venture-building services and strategically invests in companies within Egypt, Saudi Arabia, and the United Arab Emirates, supporting their growth and development in a dynamic marketplace.

Haitham Al-foraih

Founding Partner and CEO

Abdullah Almunif

Co-Founder, Partner and Board Member

Past deals in Kuwait

Spare

Seed Round in 2023
Spare is an Open Banking Platform provider and provides the infrastructure that connects the banks, the customer and the third parties that want access to the data and allows the customer to securely share their data Spare is licensed by the Central Bank of Bahrain as an Account Information Service Provider & Payment Initiation Service Provider (AISP/PISP). Spare is also part of the Central Bank of Kuwait Fintech Regulatory Sandbox and permitted by KSA's SAMA Fintech regulatory sandbox.

DailyMealz

Dailymealz is a food delivery platform based in Riyadh, Saudi Arabia, founded in 2017. The company focuses on promoting healthy eating by connecting customers with top healthy food restaurants in Saudi Arabia and Kuwait. Dailymealz offers a subscription service that allows users to select healthy meals for delivery on a weekly or monthly basis. With a commitment to authentic taste and nutrition, the platform provides a diverse selection of local products, simplifying the process of enjoying nutritious meals at home. The integration of skilled chefs and efficient logistics ensures that customers receive quality meals delivered to their doorsteps.
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