The map·Saudi Arabia·Angel networksالعربيةBETA

OQAL Angel Investors Network

Angel investor network in the Kingdom of Saudi Arabia (est. 2011); invests in startups from across MENA with a focus on companies serving the Saudi market.

What you get
SAR 100K–7.5M
Cost
Equity
Status
Active
From abroad
Region only
What
Angel tickets with SVC co-investment up to 1:1, SAR 100K–7.5M per round.
Who
Early-stage (seed to Series A) teams with a launched, tech-enabled product, full-time.
From abroad
Within the region: MENA region All programmes open to founders from abroad →
Latest
Last deal announced 2025 — Investments listed for 2025 on its portfolio pageNewest dated item on its own site · checked Oct 2026

Checked · October 2026 · oqal.org/en · How we check ↗

In detail

OQAL Angel Investors Network is an angel investment network in Saudi Arabia. Angel investor network in the Kingdom of Saudi Arabia (est. 2011); invests in startups from across MENA with a focus on companies serving the Saudi market. Runs a co-investment partnership with Saudi Venture Capital (SVC): member-led angel tickets are matched by SVC up to 1:1, from SAR 100K up to SAR 7.5M per round, with a 60% exit incentive for co-investors.

Amount
Angel tickets + SVC co-investment up to 1:1 (SAR 100K–7.5M per round)
Terms
Yes — angel equity
Eligibility
  • Early stage (seed to Series A)
  • launched, tech-enabled product
  • full-time founding team
  • SVC co-investment additionally requires HQ in Saudi Arabia, seed stage, not a subsidiary, an OQAL member as co-investor, and SVC plus co-investor equity capped at 30%
Sectors
Sector-agnostic
Status
Active

Is this for you?

Where is your company?

Are you open to giving equity?

Answer the two questions

We match them against what OQAL Angel Investors Network publishes.

“Yes, you can apply to OQAL as we invest in opportunities and startups from across MENA; however, we focus on companies that aspire to expand and service the Saudi Market” — oqal.org

A guide to the published criteria, not a decision — the programme selects.

What the source says

“Yes, you can apply to OQAL as we invest in opportunities and startups from across MENA; however, we focus on companies that aspire to expand and service the Saudi Market”

“OQAL was founded by Faris Al-Rashed at his house in 2011”

oqal.org/en/oqal-story · seen October 2026

“SVC’s co-investment with the Co-Investor(s) in the startup will be up to 1:1.”

“Up to 7.5 M SAR”

“Co-Investor(s) may be eligible for a financial incentive of 60% in the co-investment earned upon exit of the startup”

Closing soon on the map

No published deadline in the next 30 days · All published deadlines →

Compare angel networks in Saudi Arabia

Cost
OQAL Angel Investors NetworkAngel tickets with SVC co-investment up to 1:1, SAR 100K–7.5M per round.SAR 100K–7.5MEquityActive
Alajlan Family OfficeRiyadh family office investing in tech startups, mainly Pre-Seed to Pre-Series A.not publishedEquityOpen
Falak Angels (Angel Space)Angel investment.not publishedEquityActive
Investors MineAngel rounds brokered through the platform.not publishedEquityOpen
Jeddah AngelsAngel investment.not publishedEquityActive
Numu AngelsSaudi angel network presenting screened startups to 90+ angel investors.not publishedEquityOpen
Riyadh Angel Investors (RAI)Angel investment of $10K–$100K per investor.$10K–$100KEquityOpen
Women SparkPLAYBOOK’s network for women-led ventures; demo days.not publishedNot publishedActive

Highest amount in each programme’s own “What” line. Other currencies converted for sorting only (Gulf pegs; KWD, EUR, GBP approximate).

All angel networks in Saudi Arabia →  ·  Across the Gulf →

Questions founders ask

What does OQAL Angel Investors Network offer?

Angel tickets with SVC co-investment up to 1:1, SAR 100K–7.5M per round.

Does OQAL Angel Investors Network take equity?

Equity.

Can founders from abroad apply?

Within the region: MENA region.

How do I apply?

Through its own application form — the Apply button on this page goes straight there.

Sources

Primary source · oqal.org/en · LinkedIn · linkedin.com/company/oqalangels · Checked October 2026

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