- 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.
- Cost
- Equity
- From abroad
- Within the region: MENA region All programmes open to founders from abroad →
- Status
- Active
Checked · September 2026 · oqal.org/en · How we check ↗
In detail
OQAL Angel Investors Network is an angel investment network in Saudi Arabia. Angel investor network across Saudi Arabia and Bahrain (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
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”
“SVC’s co-investment with the Co-Investor(s) in the startup will be up to 1:1.”
“Min. 100K SAR”
“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
Cultural Development Fund (CDF)
Finspire
QSTP Incubation
More angel networks in Saudi Arabia
Falak Angels (Angel Space)
Investors Mine
Jeddah Angels
Riyadh Angel Investors (RAI)
Sources
Primary source · oqal.org/en · LinkedIn · linkedin.com/company/oqalangels · Checked September 2026