- What
- Venture capital from a SAR 450MM close-ended fund, seed through Series B.
- Who
- Saudi, GCC-based and international technology companies; no application route, email only.
Checked · October 2026 · riyadcapital.com/asset-management/private-funds… · How we check ↗
In detail
Riyad Taqnia Fund (RTF) is a venture capital firm (close-ended fund) in Saudi Arabia. Close-ended venture capital fund founded by Riyad Capital and TAQNIA, the technology company fully owned by the Public Investment Fund. Its own site says it invests in technology startups around the globe at Seed through Series B; Riyad Capital states the purpose as a portfolio of Saudi, GCC-based and international technology companies, backed by leading institutional investors in Saudi Arabia, with an investment committee of seven Saudi and international members. Key terms: fund size SAR 450MM, Riyad Capital and TAQNIA invested SAR 12.5MM each, a 10-year term with a 5-year investment period; the launch year is not published. Portfolio: Dokkan Afkar, Foodics, Beehive, Souqalmal, Trukker. Contact: rtfund@riyadcapital.com.
- Amount
- Fund size SAR 450MM
- Seed through Series B
- ticket size not published
- Terms
- Yes — venture capital
- Focus
- Information & Communications Technology (ICT), Energy & Sustainability, Advanced Materials
- Portfolio
- Dokkan Afkar
- Foodics
- Beehive
- Souqalmal
- Trukker
- Status
- Dormant-watch — its own pages carry no dated activity and describe a 10-year term with a 5-year investment period, launch year not published; contact by email only (checked September 2026)
What the source says
“Riyad TAQNIA Fund (RTF), a close-ended Venture Capital fund founded by Riyad Capital and TAQNIA company , invests in audacious capital and aims to achieve high returns to investors.”
“Based in Riyadh, TAQNIA, its subsidiaries and Business Units are fully owned by the Public Investment Fund (PIF) and seek to diversify the Saudi economy through investing in promising startups…”
“We are a venture capital fund investing in technology startups around the globe. We are interested in Seed through Series-B opportunities. RTF was founded by Riyad Capital and Taqnia”
“The Fund purpose is sourcing and investing in a portfolio of Saudi, GCC-based and international technology companies with the main objective of generating profitable returns to the fund’s investors while facilitating and stimulating the development and transfer of cutting edge technology and related knowledge to the Kingdom.”
“It is backed by leading institutional investors in Saudi Arabia and invests in the areas of Information & Communications Technology (ICT), Energy & Sustainability and Advanced Materials.”
“The Investment Committee consists of seven Saudi and international members with long experience in venture capital and entrepreneurship.”
Closing soon on the map
No published deadline in the next 30 days · All published deadlines →
Compare VC funds & investors in Saudi Arabia
| Cost | |||
|---|---|---|---|
| Riyad Taqnia Fund (RTF)Venture capital from a SAR 450MM close-ended fund, seed through Series B. | not published | Equity | Dormant |
| 100 VenturesSaudi early-stage VC: pre-seed and seed cheques plus an in-house tech/AI team. | not published | Equity | Open |
| 2Pi VenturesEarly-stage Saudi VC from a USD 20M fund, pre-seed to Series A. | not published | Equity | Active |
| BIM VenturesVenture studio co-building startups from idea to scale. | not published | Not published | Active |
| Core Vision InvestmentRiyadh startup investor and angel network; led Series A and Pre-Series A rounds. | not published | Equity | Active |
| DAAL VenturesVenture capital for emerging tech companies, with a GCC and Saudi focus. | not published | Equity | Active |
| Fintactics VenturesFintech VC fund and venture studio; pre-seed to early Series A. | not published | Equity | Active |
| Growth CatalystSAR 360M first close, deploying growth capital to mid-market companies. | not published | Equity | Active |
| HALA CapitalEquity investment at early and growth stages. | not published | Equity | Active |
| Joa CapitalVC ticket not published. | not published | Equity or debt | Active |
| KAUST Innovation VenturesEquity investment of $100K–$700K, up to $500K at seed and up to $2M at early stage. | up to $2M | Convertible notes and equity | Open |
| Khwarizmi VenturesEquity investment, seed to Series A. | not published | Equity | Active |
| MASNA VenturesSaudi defense VC fund (MASNA Ventures Fund I, SAR 375M), CMA-approved June 2026. | SAR 375M | Equity | Active |
| Nama VenturesEquity from pre-seed to seed; tickets $100K–$1M (pre-seed) and $500K–$2M (seed). | $500K–$2M | Equity | Active |
| Nour Nouf VenturesEarly-stage impact investment. | not published | Equity | Open |
| RAED VenturesEquity investment from pre-seed to Series A. | not published | Equity | Active |
| Riyadh Valley Company (RVC)University-backed equity investment. | not published | Equity | Active |
| Rua Growth FundEquity investment. | not published | Equity | Active |
| RZM InvestmentInvestment from a portfolio of 50+ active deals across 10+ sectors. | not published | Equity | Active |
| Sadu CapitalEquity investment from pre-seed to Series A. | not published | Equity | Active |
| SEEDRA VenturesEquity from inception to Series A and beyond. | not published | Equity | Active |
| Sharaka CapitalEquity investment from seed to Series A. | not published | Equity | Active |
| STVEquity from a $100M AI fund, plus NICE non-dilutive funding. | not published | Equity | Active |
| Suhail VenturesEquity investment pre-seed to Series A. | not published | Equity | Active |
| Sukna VenturesEquity investment from Pre-Seed to Series B. | not published | Equity | Active |
| Takamol VenturesEarly-stage technology investor: capital, strategic guidance and execution support. | not published | Equity | Active |
| Taz InvestmentSaudi venture and growth investor, early to growth stage. | not published | Equity | Active |
| Tech Invest ComEquity from Series A to B (seed opportunistically); SAR 1B committed. | not published | Equity | Open |
| Vision VenturesEquity or convertible-note investment, pre-seed to Series A. | not published | Equity or convertible note | Active |
| Wadi JeddahBacks university-linked startups. | not published | Equity | Active |
| anb Seed Fund (anb capital)CMA-regulated fintech venture fund of Arab National Bank, pre-seed to Series A. | not published | Equity | Active |
| Artal CapitalRiyadh investment manager whose growth fund backs Saudi tech companies. | not published | Equity | Active |
| Hevolution FoundationRiyadh foundation investing in early-stage healthy-aging therapeutics companies. | not published | Not published | Active |
| Impact46Equity from a SAR 500M Fund III (plus a SAR 150M gaming fund). | not published | Equity | Active |
| JIMCO (Jameel Investment Management Company)Jameel Family investment arm; its tech fund (initially US$500M) backs funds and start-ups. | not published | Equity | Active |
| King Saud University Venture Fund (SparkLabs KSU Fund I)Accelerator funding up to $300K. | up to $300K | Not published | Closed |
| Mad'a Investment CompanyRiyadh investment firm whose venture arm backs high-growth Gulf startups. | not published | Equity | Active |
| Merak CapitalUp to $150K cash plus $150K in-kind (Exel programme), from a 3B+ AUM manager. | up to $150K | Equity | Active |
| Outliers Venture CapitalEquity investment. | not published | Equity | Active |
| Palm VenturesEarly-stage equity investment. | not published | Equity | Active |
| Pinnacle CapitalVenture capital for tech startups and strategic stakes in listed companies. | not published | Not published | Active |
| PropellerSeed and pre-Series A equity. | not published | Equity | Active |
| Redesign Health (Sanabil Venture Studio)Healthcare venture studio and VC; runs the Sanabil Venture Studio in Riyadh. | not published | Equity | Active |
| s60 VenturesEquity investment from pre-seed to Series A, selective from Series B. | not published | Equity | Active |
| SAB Invest X-Tech FundVenture capital for early- and growth-stage tech start-ups, focused on financial innovation. | not published | Equity | Active |
| Sanabil InvestmentsEquity across venture, growth and small buyouts; accelerator route via 500 Global Saudi. | not published | Equity | Active |
| Ula CapitalRiyadh deeptech VC investing in climate, healthcare and AI startups. | not published | Equity | Active |
| Ventures by Startups HousePre-seed equity for Saudi tech companies from the Attliq accelerator. | not published | Equity | Active |
| Waad InvestmentEquity, Pre-Series A to Series B, from a firm with a $200M targeted value. | not published | Equity | Active |
| Watheeq PropTech Venture Fund (Watheeq Capital)CMA-licensed PropTech venture fund of Riyadh-based Watheeq Capital. | not published | Equity | Active |
| Wyld VCAI venture capital firm investing from early stage to pre-IPO. | not published | Equity | Active |
No programmes match these filters.
Highest amount in each programme’s own “What” line. Other currencies converted for sorting only (Gulf pegs; KWD, EUR, GBP approximate).
All VC funds & investors in Saudi Arabia → · Across the Gulf →
Questions founders ask
What does Riyad Taqnia Fund (RTF) offer?
Venture capital from a SAR 450MM close-ended fund, seed through Series B.
Does Riyad Taqnia Fund (RTF) take equity?
Equity.
Is it open now?
No — it is currently closed. The status on this page follows the programme’s own site.
How do I apply?
No application form is published. Its website is the way in.
Sources
Primary source · riyadcapital.com/asset-management/private-funds/riyad-taqnia-fund · Checked October 2026