VC funds & investors in Saudi Arabia (KSA)

Twenty-six of the 49 Saudi VC funds and investors on the GulfPitch map name Riyadh on their own sites, among them SEEDRA Ventures, Sadu Capital, Sukna Ventures, RZM Investment, Joa Capital, BIM Ventures, s60 Ventures, Wyld VC, Artal Capital, the anb Seed Fund and Fintactics Ventures. Each programme page states the stage, ticket and application route the fund itself publishes.

Yes. Wadi Jeddah and Nour Nouf Ventures are in Jeddah, Palm Ventures and Sukna Ventures list Jeddah offices, HALA Capital and DAAL Ventures work from Khobar, and KAUST Innovation Ventures invests from Thuwal. Riyadh remains the largest cluster.

RAED Ventures, Vision Ventures, SEEDRA Ventures, Suhail Ventures, Sadu Capital and the King Saud University Venture Fund (SparkLabs KSU Fund I) invest from pre-seed to Series A, Sukna Ventures from pre-seed to Series B, and KAUST Innovation Ventures from pre-seed to early Series A. BIM Ventures, a venture studio, works from pre-inception to seed, and s60 Ventures invests at pre-seed, seed and Series A. Khwarizmi Ventures and Sharaka Capital start at seed, Propeller at seed and pre-Series A.

KAUST Innovation Ventures publishes typical tickets of $100,000–700,000, up to $500,000 at seed and up to $2 million at early stage; Merak Capital's Exel accelerator offers up to $150,000 in cash plus $150,000 in kind. Saudi Venture Capital (SVC) invests directly from a minimum ticket of SAR 1,000,000, for at most 30% of each round, and the corporate VC Wa'ed Ventures up to $20 million per deal. Some funds publish a fund size instead, such as Impact46's SAR 500 million Fund III and Tech Invest Com's SAR 1 billion committed capital.

Saudi Venture Capital (SVC) and Jada Fund of Funds both back RAED Ventures, Vision Ventures, Khwarizmi Ventures, SEEDRA Ventures, HALA Capital, Joa Capital, Outliers Venture Capital, Rua Growth Fund, Sadu Capital, Merak Capital, Sukna Ventures and Growth Catalyst. SVC also backs Impact46, Sharaka Capital and Propeller. The Dubai Future District Fund is a further backer of Outliers Venture Capital.

Yes, where the fund's own site says companies from abroad can apply: Suhail Ventures, Nour Nouf Ventures, DAAL Ventures, KAUST Innovation Ventures (for companies operating in, incorporated in or willing to relocate to Saudi Arabia) and the corporate VCs 1957 Ventures and NEOV — NeoVentures (SNB). Some funds invest within a named region: RAED Ventures, Nama Ventures and Tech Invest Com in MENA, Joa Capital in Saudi Arabia and MENA, Khwarizmi Ventures in the GCC, HALA Capital in the GCC, Egypt and Jordan, and s60 Ventures in KSA, the UAE, the UK and Europe. Growth Catalyst allocates 85% to Saudi Arabia and 15% to the broader GCC.

Fintech-focused funds include s60 Ventures, headquartered in Riyadh and managed by Alistithmar Capital (a subsidiary of Saudi Investment Bank), the SAB Invest X-Tech Fund, which invests with a focus on financial innovation, and Sharaka Capital, whose fund backs fintech, vertical SaaS and AI. Fintech is also among the sectors of RAED Ventures, Vision Ventures, HALA Capital, Joa Capital, Rua Growth Fund, Suhail Ventures, Sukna Ventures, Palm Ventures and Impact46. Among corporate VCs, 1957 Ventures (backed by Riyad Bank, SAR 1 billion fund, Series A and B), NEOV — NeoVentures (SNB) and alinma Digital Fund invest in fintech.

STV runs a $100 million AI Fund backed by Google for AI-native startups across MENA, and Propeller invests at seed and pre-Series A in AI infrastructure and AI-native applications. KAUST Innovation Ventures backs KAUST spinouts and global deep-tech startups expanding into Saudi Arabia, and Riyadh Valley Company (RVC), the investment arm of King Saud University, turns university research into tech startups. AI is also among the sectors of Sharaka Capital, Palm Ventures, Suhail Ventures, BIM Ventures and RAED Ventures (AI/ML). Among corporate VCs, Wa'ed Ventures has a $100 million early-stage AI allocation.

It depends on the fund. Rua Growth Fund invests in companies incorporated in or with significant operations in Saudi Arabia, KAUST Innovation Ventures in companies operating in, incorporated in or willing to relocate to Saudi Arabia, and Merak Capital's Exel asks for a Saudi CR (commercial registration) or willingness to relocate. The Direct Investments programme of Saudi Venture Capital (SVC) covers Saudi-based startups and SMEs and companies expanding to Saudi Arabia. Suhail Ventures, Nour Nouf Ventures and DAAL Ventures say on their own sites that companies from abroad can apply.

Saudi Venture Capital (SVC) is a fund of funds: it contributes up to 65% of a fund's capital to VC managers, and startups reach that money through the funds it backs, while a VC fund such as RAED Ventures or Sukna Ventures invests in startups itself. SVC also invests directly through its Direct Investments programme (minimum ticket SAR 1,000,000, at most 30% of each round) and matches angel tickets of OQAL Angel Investors Network members up to 1:1, SAR 100,000–7.5 million per round. Jada Fund of Funds invests in funds, not in startups.