Mad’a Investment Company is a private equity and venture capital firm based in Riyadh, Saudi Arabia, and a subsidiary of Abdul Aziz Al Othaim & Sons Holding Company. It focuses on growth capital investments and long-term value creation through strategic partnerships and active engagement with portfolio companies, operating across private equity, public equity, real estate, and venture capital, including venture building. The firm maintains regional offices in Seef, Bahrain and Dubai to support the Saudi market and its investment approach aligns with Saudi Vision 2030.

SEEDRA Ventures is an early-stage venture capital firm based in Riyadh, Saudi Arabia. It funds startups from pre-seed to Series B and provides hands-on development support to foster innovation and economic transformation across the region. The firm focuses on PropTech, Fintech, and SaaS and e-commerce, and seeks opportunities in sectors including business-to-business, commercial services, business-to-consumer, energy, financial services, healthcare, and technology across Egypt, Saudi Arabia, and the United Arab Emirates.

Impact46 is a CMA-licensed financial company based in Riyadh that operates as an innovation-driven asset manager and advisor, combining venture capital and credit advisory to support entrepreneurs and mid-market corporates in Saudi Arabia and the wider MENA region. Its venture capital arm invests in Saudi and regional tech-driven startups from early to growth stages, delivering strategic governance and value creation, with a portfolio of over 51 companies and six exits. Its credit advisory practice arranges public sukuk and establishes specialized credit funds, focusing on non-banking financial institutions, real estate, manufacturing and infrastructure. The firm has raised more than SAR 2.3 billion and provided around SAR 600 million in loans, and has led and co-financed sukuk programs for entities including Bidaya Financing, iOud and Raya Financing, supporting fintech, gaming and other technology-enabled businesses.

STV is a venture capital firm based in Riyadh, Saudi Arabia, focused on investing in technology companies in the Middle East and North Africa. The firm operates as an independent VC anchored by STC, MENA's largest telecom operator, offering portfolio companies access to assets such as networks, channels, analytics, and a large customer base to support scale. Since its founding in 2018, STV has backed a diverse range of information technology companies across early and later stages and has launched a $100 million AI Fund backed by Google to support the development of AI-native startups in the region. STV has co-led seed rounds in notable portfolio companies like Sawt, an Arabic-native voice AI company, and runs STV Alpha, a program to cultivate venture-capital and entrepreneurship talent. The firm aims to provide startups with networks and resources to enable growth and expansion within the MENA ecosystem.

Saudi Venture Capital Company is a venture capital firm headquartered in Riyadh, Saudi Arabia, established in 2018. It engages in direct investments and fund of funds, spanning seed, early, and growth stages in startups. The firm is sector agnostic and focuses on Saudi-based companies. It commonly makes relatively small early-stage investments, with typical amounts starting around SAR 0.1 million, and seeks up to 30% ownership in portfolio companies. Its aim is to reduce equity funding gaps for startups in the Saudi market.

AlRajhi Partners is a Riyadh-based investment firm established in 2019 and affiliated with the AlRajhi family. It pursues a long-term, patient-capital approach across public equities, private equity, real estate, and venture capital, with a focus on technology and real estate sectors. Drawing on the AlRajhi family’s heritage in the region’s financial sector, the firm emphasizes ethical investment practices and aims to generate lasting value for shareholders, partners, employees, and communities.

Vision Ventures is a Saudi Arabia–based venture capital firm focused on early-stage investments in startups across the MENA region. Founded in 2018 and headquartered in Dammam, Vision Ventures positions itself as a lead investor providing active managerial and operational advisory to portfolio companies, in addition to capital. The firm invests across diverse sectors including Insurtech, HealthTech, Ecommerce, Bioinformatics, SaaS, and Cyber Security, and seeks founders with a minimum viable product. As of 2024, Vision Ventures has built a portfolio of about 56 companies, created approximately 5,631 jobs, and generated a GMV of around $30.1 billion. The team includes founding partners Kais Al-Essa, Haitham Bu-Aisha, and Mohamed Al-Amad, along with investment managers and analysts, reflecting its emphasis on hands-on support, growth strategy, and informed decision-making for startups.

Saudi Technology Ventures is a Riyadh-based venture capital firm that invests in early‑stage and growth‑stage technology companies across the Middle East and beyond. The firm focuses on sectors such as fintech, healthtech, e‑commerce, artificial intelligence, and other digital innovations, supporting founders with capital, expertise, and regional market access. As part of Saudi Arabia’s Vision 2030, it aims to foster a diversified economy by nurturing high‑growth tech enterprises and creating new opportunities for the Kingdom’s workforce.

Rua Growth Fund is a venture capital firm founded in 2020 in Riyadh, Saudi Arabia, emerging from a partnership between Osool & Bakheet Investment Company and iMENA Group. The firm focuses on investing in innovative technology ventures in Saudi Arabia, aiming to lead the next wave of tech startups.

Inspire Ventures is a venture capital investment firm founded in 2016 and based in Riyadh, Saudi Arabia. It focuses on seed and early-growth stage investments across software, technology, IT services, telecommunications, e-commerce, logistics and transportation, food and beverage, retail, and manufacturing.

Nama Ventures is a Saudi-based seed-stage venture capital firm, headquartered in Riyadh, that focuses on backing technology founders and startups across the MENA region, with emphasis on Saudi Arabia. It operates the Nama Ventures Tech Founders Fund to support early-stage companies, aiming to enable entrepreneurs to succeed and deliver value through hands-on investment and network access.

Tasaru Holding is an investment company based in Riyadh, Saudi Arabia, founded in 2020. It funds and develops startups in consumer-focused sectors, including consumer technology, food technology, the food supply chain, and e-commerce, with a focus on opportunities in Saudi Arabia.

Watheeq Proptech Venture is a venture capital firm established in 2021 and headquartered in Riyadh, Saudi Arabia. The firm is dedicated to investing in innovative startups that utilize technology to transform the real estate industry. Its investment focus spans the entire real estate lifecycle, including sectors such as smart cities, smart buildings, co-working and co-living solutions, climate technology, hospitality technology, real estate marketplaces, fintech, legal tech, analytics, shared economy, virtual and augmented reality, and blockchain applications. Watheeq Proptech Venture is Shariah-compliant and is managed by a team of professionals with over a century of combined experience in real estate, technology, and investment, providing them with extensive knowledge and insight into the market.

Founded in 2019, Revival Lab is a venture studio and investment firm headquartered in Riyadh, Saudi Arabia. It funds and develops technology-based startup companies, focusing on fintech, e-commerce, tourism, and sustainability.

Fintactics is a Saudi-based fintech venture builder and venture capital firm headquartered in Riyadh. It supports early-stage fintech startups from pre-seed to Series A and co-builds ventures through investments, partnerships, and advisory services. The company leverages in-house fintech expertise to address opportunities across lending, open banking, DeFi and blockchain, embedded finance, wealth management, capital markets, RegTech, real estate tech, and InsTech. Through its activities, Fintactics aims to advance Saudi Arabia’s fintech ecosystem and contribute to the broader MENA region and global markets, aligning with Vision 2030’s push toward a cashless economy and financial innovation.

Plus Venture Capital is a venture capital firm based in Abu Dhabi, United Arab Emirates, founded in 2021. It focuses on technology startups at the early stage, investing from seed to Series A across the MENA region and the diaspora.

Andreessen Horowitz is a Menlo Park, California-based venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz. It funds technology startups across seed to late stages, with investments spanning software, cloud infrastructure, enterprise software and services, consumer internet, fintech, artificial intelligence, crypto, infrastructure, and biotechnology at the intersection of computer science and life sciences. The firm emphasizes supporting portfolio companies through growth and strategic partnerships and maintains a broad tech-focused investment approach, aiming to add value beyond capital.

Khwarizmi Ventures is a venture capital firm based in Riyadh, Saudi Arabia, that backs early‑stage technology companies across the Middle East and North Africa and the broader GCC region. It invests in sectors such as e-commerce, fintech, digital health, and property technology, and also supports algorithm‑driven ventures. The firm partners with entrepreneurs to build regional and global companies, aiming to drive innovation and economic growth in the region.

Nuwa Capital is a Dubai-based venture capital firm that invests in Middle East and North Africa region companies across sectors such as information technology, logistics, healthcare, retail, financial technology, education technology, software as a service, and agriculture technology. The firm backs B2B and technology-driven ventures, provides portfolio support through a network of experts to aid growth and strategic development, and operates with regional offices in Dubai, Riyadh, and Cairo.

Novo Capital is an investment and venture capital firm based in Singapore and the venture capital arm of MSA Capital. It targets tech-focused startups in emerging markets, from seed to growth stages, and emphasizes systematic benchmarking, sourcing, transactions, and active operational engagement to create value. Its regional focus includes Southeast Asia, India, Latin America, the Middle East and North Africa, Sub-Saharan Africa, and global initiatives. The firm pursues high-alpha opportunities by cross-market comparison and rigorous due diligence, and it maintains a formal ESG policy integrated into its investment process to improve long-term financial outcomes. Novo Capital also positions itself as a catalyst for portfolio companies through hands-on support and alignment with evolving regulatory regimes.

Bossa Invest is a venture capital firm based in São Paulo, Brazil, founded in 2011. It focuses on software-as-a-service startups in Latin America, providing growth capital, mentorship, and access to a broad network of strategic partners and co-investors to help portfolio companies scale, and operates a corporate venture capital arm that collaborates with corporate partners through flexible operating models and end-to-end support.

Arzan Venture Capital is a Kuwait City-based venture capital firm and corporate venture capital arm of Arzan Financial Group. Founded in 2013, it concentrates on early-stage technology startups with a MENA focus and has backed numerous tech ventures since 2014. The firm seeks long-term relationships with entrepreneurs in the region and operates as one of the area’s early VC players.

Boubyan Bank is an Islamic banking corporation based in Kuwait. It offers services in investment banking, corporate banking, and consumer banking, with a focus on consumer finance, credit cards, deposits, and other branch-related services. The majority of its revenue comes from the consumer banking segment.

HALA Ventures is a Saudi-based investment management company specializing in alternative investments with a primary focus on venture capital. It identifies and backs technology-driven startups across the MENA region, investing in capital-efficient businesses that leverage technology to scale globally, across early and growth stages. The firm provides timely, hands-on support through expert consultancy and active founder engagement, aiming to be the first point of contact for portfolio companies and to accelerate growth via a venture studio. Its regional focus is the MENA region, with sectors spanning B2B, marketplaces, data analytics and BI, e-commerce, fintech, edtech, F&B, tourism and transportation. The firm traces its history to 2014 as a Corporate Fund under Financial Horizon Group and operates as HALA Ventures since 2018; it has been recognized by Forbes as a Top VC in MENA in 2024. Founding managing partners Ali Abussaud and Hussain Almarhoon lead a diverse team of investment professionals aligned with value creation through due diligence and strategic guidance.

MSA Capital is a global venture capital and private equity firm founded in 2014 that funds technology-enabled companies from seed to growth. It focuses on biotechnology and enterprise-facing core technology, with a strong presence in China. The firm manages several billion dollars in private venture and growth assets and supports its startups through initiatives such as the MSA Spark Program, which provides resources to biotech, technology, and related ventures. Its portfolio has included Mobike, NextEv, and Nio, illustrating a broad technology focus.

Joa Capital is a Saudi-based private market investment firm serving the MENA region, focused on high-growth technology companies. It operates across three strategies: venture capital and private equity, providing direct investments in growth-stage companies; private credit offering non-dilutive working capital; and advisory services including wealth management, research, and corporate finance. The firm emphasizes a founder-centric approach and leverages a broad network of industry specialists and corporate partnerships to support portfolio companies’ growth. Founded around 2019–2020 in Diriyah, Joa Capital pursues investments at the intersection of finance, technology, and infrastructure, with interests spanning fintech, SaaS, insurtech, proptech, gaming, esports, and logistics technology across Saudi Arabia and the broader MENA region.

Saudi Aramco Entrepreneurship Ventures, through its venture capital arm Wa’ed Ventures, aims to ignite the spirit of entrepreneurship in Saudi Arabia by providing development and financial support to entrepreneurs. By offering business incubation, coaching, training, seed funding, non-collateral loans, and venture capital investment, the organization supports the growth of small- and medium-sized enterprises to diversify the Kingdom’s economy. Wa’ed Ventures collaborates with key players to create an effective entrepreneurship ecosystem, promoting economic growth, job creation, and technological advancement in sectors such as ICT, energy, manufacturing, healthcare, and services. With a focus on seed, early, and growth stage businesses, the organization typically invests $3-5 million over 2-3 rounds of financing, seeking minority shareholding in high potential companies to fuel economic development in Saudi Arabia.

Global Ventures is a UAE-based venture capital firm established in 2018 that focuses on growth-stage investments across emerging markets in the Middle East and Africa. The firm has about 400 million in assets under management and backs companies in FinTech, HealthTech, EdTech, Agritech, and Enterprise Software as a Service. It provides capital, strategic guidance, and a regional network to support expansion into new markets. Global Ventures has a portfolio of more than 70 companies operating in 12 markets, with notable investments including Immensa, BioSapien, Paymob, Seafood Souq, Zid, and Yodawy. The firm emphasizes a hands-on approach to helping its portfolio companies scale, leveraging sector knowledge and cross-border connections to navigate growth challenges.

VentureSouq is a Dubai-based venture capital firm with a global portfolio, active in the Middle East and North Africa. It concentrates on early-stage technology companies, with emphasis on FinTech and ClimateTech, and actively backs sectors including lending, asset management, payments, cryptocurrency, and banking technology across the GCC and beyond. The firm pursues thesis-driven investments and leverages a broad international network to support portfolio companies in expansion, fundraising, and strategic partnerships. Since launching, VentureSouq has invested in more than 300 companies across 30+ countries, reflecting its role in the regional startup ecosystem. It participates in industry initiatives such as the Conscious Investor Fellowship and the Angel Rising investor symposium to foster collaboration and development within the entrepreneurial community.

Rocketship.vc is a California-based independent venture capital firm that makes early-stage investments in technology-driven companies worldwide. The firm emphasizes data-driven decision making, using a proprietary Escape Velocity algorithm designed to identify startups with a Sustainable Growth Engine at their core. Founded in the mid-2010s and headquartered in Los Altos, California, Rocketship.vc targets sectors such as artificial intelligence software, cloud storage, platform software, and related tech-enabled industries, with a global investment reach.

Flat6Labs is an accelerator firm and entrepreneurship platform operating in emerging markets. Founded in 2011 and based in Cairo, it supports founders to build, launch, and grow transformative startups through acceleration programs, ecosystem development, and tailored innovation services. The firm has expanded across the Middle East and Africa with offices in Abu Dhabi, Amman, Beirut, Jeddah, Manama, and Tunis, and it runs regionally focused programs such as StartMashreq and Nawah Pre-Accelerator, along with sector initiatives in FinTech and PropTech. Flat6Labs collaborates with international partners and government initiatives to accelerate scale and regional impact, and it maintains programs and partnerships across Egypt, Saudi Arabia, UAE, Bahrain, Jordan, Tunisia, Morocco, Lebanon, Iraq, Palestine, and Pakistan. The company aims to strengthen entrepreneurial ecosystems and bridge local startups to global markets.

BECO Capital is a Dubai-based venture capital firm established in 2012 that backs seed- and early-stage technology startups in the Gulf region, with a focus on the Middle East and North Africa. It pursues a thesis-driven, sector-agnostic approach, seeking companies with potential for regional and international growth. The firm provides more than funding, assisting founders with business development and access to debt and equity financing, and offers hands-on operational mentorship to its portfolio companies. BECO Capital concentrates on mobile, internet of things, software as a service, and other technology sectors, and supports ventures from inception to growth within the Gulf and wider MENA region.

Middle East Venture Partners is a Dubai-based venture capital firm with offices in Beirut, Dubai, Bahrain and Riyadh that funds early- and growth-stage technology companies in the GCC and Levant. It focuses on sectors including e-commerce, mobility, enterprise software, fintech, education, e-health, consumer technology, and other internet-enabled businesses, deploying patient capital and leveraging a wide regional network to support entrepreneurs through growth. The firm seeks to partner with founders to help scale regional and cross-border ventures in the Middle East and North Africa.

Goodwater Capital is a California-based venture capital firm founded in 2014 that focuses on early-stage investments in consumer technology and related sectors. Based in Burlingame, it backs entrepreneurs developing products and platforms with broad consumer appeal across industries such as housing, financial services, healthcare, education, retail, transportation, and entertainment. The firm emphasizes backing ventures that can improve lives at scale through technology and drive positive global impact. Its portfolio spans consumer technology, ecommerce, fintech, and services with a global footprint, including notable investments in Zepto, Weee!, Toss, and Monzo.

Uni-Ventures is a venture capital firm headquartered in Riyadh, Saudi Arabia. Founded in 2021, it operates as a subsidiary of ORSCOM Investments Group and focuses on investing in artificial intelligence and related emerging technologies. The firm presents itself as a global investor backing high-growth startups with scalable models and visionary leadership across the United States, Europe, and the MENA region.

Chiratae Ventures is a Bengaluru-based venture capital firm focused on early-stage and deep-tech investments. It operates within a global network of venture funds and manages multiple pools of capital across partnerships in North America and Asia, backed by international investors. The firm backs startups across sectors including software, fintech, health tech, consumer tech, and other technology-enabled businesses, offering seed and follow-on funding, mentorship, and strategic support through programs such as the Chiratae Sonic DeepTech Program. Over about 15 years, Chiratae has backed more than 220 companies, including several unicorns, and has completed numerous exits and IPOs. The organization works with global partners to provide portfolio companies with market access, operational guidance, and capital to scale from early stages to international growth.

Tech Invest Com is a growth-stage investment firm based in Riyadh, Saudi Arabia, focused on technology-driven startups across the Middle East and North Africa, with an emphasis on the GCC. It targets growth-stage opportunities in technology sectors such as B2B software, SaaS, fintech, proptech, insurtech, Internet of Things, analytics, health tech, and logistics. Backed by committed capital of 1 billion SAR, the firm pursues long-term partnerships, offering portfolio companies access to its networks and strategic collaborations across banking, transportation, retail, F&B, hospitality, real estate development, and heavy industries. Governance includes a dedicated board and executive committees to provide disciplined oversight and value creation, and the team emphasizes hands-on support, timely communication, and a rigorous evaluation process to accelerate growth in the MENA region.

Entrée Capital is a venture capital firm founded in 2010 by former serial founders. It manages about $1.5 billion across multiple funds and operates from offices in Tel Aviv, London, and New York. The firm backs early-stage startups across sectors including AI, software, fintech, deeptech, cybersecurity, and blockchain, with a focus on Israeli and European founders building for global markets. Entrée Capital emphasizes a hands-on partnership based on trust, fairness, and real operating experience, supporting founders through growth and challenges to help them scale with clarity and resilience. It seeks category-defining companies and maintains active engagement with the tech community, including insights on product-led growth and the impact of AI on SaaS, reflecting its commitment to staying at the forefront of innovation.

IFU – Investment Fund for Developing Countries is a Danish development-focused venture capital and private equity firm, founded in 1967 and based in Copenhagen. It provides financing to private-sector projects in developing countries through equity, mezzanine, loans, debt, and guarantees, and also offers advisory services. The firm frequently partners with Danish companies to establish new ventures, forms joint ventures with local partners, or acquires existing businesses, with a preference for investments that support climate and agribusiness, commercial services, energy (solar and wind), and irrigation. Investments span worldwide, with emphasis on developing economies in Africa, Asia, Europe, and the Americas. IFU typically co-invests with Danish partners, often takes a board seat, and aims to exit within five to seven years once debt is repaid or equity is realized. It also provides advisory services to help private-sector investments in developing regions.

ACE & Company is a global private equity and venture capital firm founded in 2005. It operates two core lines: venture capital focused on early to late-stage technology and private equity concentrating on lower mid-market buyouts and secondary investments. The firm pursues diversified, risk-adjusted private capital strategies and supports independent governance through investment and valuation committees. It maintains a global footprint with offices in Geneva, Zurich, New York, London, and Cairo and collaborates with external partners to provide investment solutions. ACE emphasizes a sector- and region-agnostic approach.

RZM Investment Company is a Riyadh-based family office and investment firm focused on education, healthcare, and information technology, with additional exposure to financial services. It pursues active investments through partnerships with founders, delivering sustainable value through operational excellence and ethically responsible investing. The firm contributes to Saudi Arabia’s Vision 2030 by supporting job creation and innovation in the Kingdom. Its portfolio includes a diversified mix of asset classes such as public equities, private equity, real estate, and venture capital, and it maintains holdings in companies across health, education, hospitality, and tourism sectors. RZM aims to enable growth in vital sectors by applying hands-on participation and governance practices. The company operates in the Saudi market from its Riyadh base and focuses on long-term growth, governance, and alignment with local priorities.

Elm Street Ventures is a New Haven, Connecticut-based venture capital firm focused on seed and early-stage investments in life sciences, healthcare, and technology. It targets companies built on intellectual property developed at Yale University and other regional research institutions, spanning New York City through Southern New England. The firm backs therapeutics, medical devices, diagnostics, laboratory tools, materials, software, green tech, and related services, prioritizing teams with strong science and clear paths to commercialization. Initial investments typically range from several hundred thousand dollars to about a million, with follow-on rounds as companies de-risk and scale. Elm Street Ventures leverages experienced management and connections to serial entrepreneurs and corporate leaders who may serve as interim CEOs or operating chairs to help accelerate growth. While the primary focus is Yale and New Haven, the firm considers opportunities in the broader corridor and seeks defensible markets, solid IP protection, and world-class management to build enduring technology companies.

Rajasthan Venture Capital Fund is a Jaipur-based venture capital firm that provides early-stage and growth capital to small and medium-sized Indian companies. It targets technology-enabled sectors, including information technology, healthcare, food processing, logistics, and education, and pursues opportunities across India. The firm supports its investments through dedicated funds established in the early 2000s and seeks to help entrepreneurs scale through capital, governance input, and strategic guidance. By backing innovative enterprises at different stages, it aims to foster growth, generate exits, and contribute to the development of India's SME ecosystem.

IvyCap Ventures is a Mumbai- and Bengaluru-based venture capital platform founded in 2011 that supports technology-enabled startups across the full early-to-growth lifecycle, investing from seed through Series B in India and focusing on sectors such as fintech, healthtech, edtech, SaaS, consumer tech, agritech, logistics, skill tech, and aviation. It combines capital with hands-on mentorship and maintains an entrepreneur-centric approach, working with premier institutes and corporate partners to help build scalable enterprises. The firm operates with a sector-agnostic stance but emphasizes sustainability by integrating the Sustainable Development Goals through its Sustainability Framework and maintains active partnerships with IITs, IIMs, incubators, and alumni networks to create value for founders and ecosystems.