The map·Saudi Arabia·VC funds & investors

Merak Capital

Multi-strategy investment institution - 3B+ assets under management, 50+ portfolio companies, 10+ active funds (site, as of 31 Oct 2025).

What
Up to $150K cash plus $150K in-kind (Exel programme), from a 3B+ AUM manager.
Who
Teams with a working product or playable build, Saudi-based or relocating.
Cost
Equity
Backed by
Jada Fund of FundsSaudi Venture Capital (SVC)
Status
Active

Checked · September 2026 · merak.capital · How we check ↗

Website ↗On the map →

In detail

Merak Capital is a venture capital in Saudi Arabia. Multi-strategy investment institution - 3B+ assets under management, 50+ portfolio companies, 10+ active funds (site, as of 31 Oct 2025). Primary focus the Kingdom, with selective MENA exposure only where it strengthens a Saudi platform. Runs Exel, a 16-week accelerator: Cohort 2 deployed $5.1M across 17 startups (Demo Day Feb 2026); Cohort 3 runs Aug-Nov 2026.

Amount
3B+ AUM (site) · Exel: up to $150K cash + $150K in-kind
Eligibility
Exel: working product or playable build · Saudi CR or willingness to relocate
Sectors
Enterprise applications, fintech infrastructure, healthtech, cyber, supply chain, dev tools, gaming
Focus
Technology startups — all sectors
Status
Active

What the source says

“50+ PORTFOLIO COMPANIES”

merak.capital · seen September 2026

“10+ active FUNDS”

merak.capital · seen September 2026

“01 Sep 2026”

merak.capital · seen September 2026

Closing soon on the map

Cultural Development Fund (CDF)

Grant · Saudi Arabia
Up to SAR 500,000 non-repayable per project, capped at 20 projects total.
No equity — grant
29 Sep 2026closes

Finspire

Accelerator · Saudi Arabia
SAR 100,000 development funding, earmarked rather than paid as cash.
Equity via SAFE, capped at 5%
4 Oct 2026closes

QSTP Incubation

Accelerator · Qatar
In-kind support: Doha workspace and housing for a four-week Sprint, talent and investor access.
Equity — 1.5% deferred SAFE-style stake
1 Nov 2026closes

All published deadlines →

More VC funds & investors in Saudi Arabia

Growth Catalyst

VC fund · Saudi Arabia
SAR 360M first close, deploying growth capital to mid-market companies.
Equity
—

HALA Capital

VC fund · Saudi Arabia
Equity investment at seed and early growth stage.
Equity
—

Joa Capital

VC fund · Saudi Arabia
VC ticket not published.
Equity or debt
—

KAUST Innovation Ventures

VC fund · Saudi Arabia
Equity investment of $100K–$700K, up to $500K at seed and up to $2M at early stage.
Equity
—

All VC funds & investors in Saudi Arabia →  ·  Across the Gulf →

Sources

Primary source · merak.capital · LinkedIn · linkedin.com/company/merakcapital · Checked September 2026