# Top 25 Consumer VC (Venture Capital) Funds in Saudi Arabia in June 2026

## Oqal
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 6
- Stages: Seed, Pre-Seed, Series A
- Focus: E-Commerce, Software, Information Technology

Oqal Group was formed as an endowment group by a group of young businessmen to be a platform that brings together angel investors and emerging entrepreneurs to form partnerships of economic feasibility that raise the welfare of society and enhance the quality of life. It enables the founders of entrepreneurial startups to develop innovative andfast-growing startups in a variety of sectors by providing access to smart capital and experienced angel investors.

## Khwarizmi Ventures
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 5
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, E-Commerce, FinTech

Khwarizmi Ventures is a venture capital firm that seeks investments in startups with a passion for algorithms. It seeks to help create their vision, as they embark on a journey together that aligns their goals to improve quality of life using technology powered by algorithms.

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## Wa’ed Ventures
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

Wa’ed Ventures is a $500 million venture capital fund with the aim to accelerate the development of an integrated startup ecosystem by investing in local tech-based startups and incentivizing global entrepreneurs to localize their tech innovations in the Kingdom.

## Saudi Aramco Entrepreneurship Ventures
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 4
- Stages: Series A, Seed
- Focus: Information Technology, Software, Apps

Wa’ed Ventures is the venture capital arm of Saudi Aramco Entrepreneurship Center (Wa’ed), established by Saudi Aramco with the vision of igniting the spirit of entrepreneurship in the Kingdom of Saudi Arabia. Wa’ed has deployed a suite of programs over the years to assist entrepreneurs in establishing, enhancing, or expanding their ventures. Theseprograms comprise development and financial support including business incubation, coaching and training to guide and nurture entrepreneurs along different business stages, seed funding, non-collateral loans, venture capital (equity/debt) investment, and business development. These programs support the development of small- and medium-sized enterprises (SMEs) capable of localizing industries and diversifying the Kingdom’s economy. Wa’ed also collaborates and engages with key players in order to create an effective entrepreneurship ecosystem.Wa’ed aspires to provide leadership in promoting entrepreneurship to support economic growth, diversification, and social development in Saudi Arabia, in alignment with the Kingdom’s strategic thrust into moving towards a knowledge-based economy. The organization aims to turn innovative ideas into successful projects, create and support sustainable SMEs, and develop entrepreneurs into successful business owners.Wa’ed Ventures aims to fuel the growth of high potential companies, thereby promoting economic development in Saudi Arabia with job creation for Saudi nationals, technological improvement, knowledge transfer, economic diversification, and economic growth within the Kingdom. The firm focuses on seed, early, and growth-stage businesses across a diverse range of sectors including information and communication technology (ICT), energy, manufacturing, healthcare, and services – from mobile application platforms and technologies to industrial equipment manufacturing to advanced software solutions.

## RZM Investments
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Software, E-Commerce, Predictive Analytics

RZM Investments manages the shares of various companies that are in the field of health, education, hospitality, and tourism.

## Raed Ventures
- Type: VC Fund
- Location: Dammam, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: E-Commerce, Software, Financial Services

We partner with exceptional founders building breakthrough companies and creating scalable impact in MENA region

## Saudi Aramco
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Energy, Oil and Gas, Predictive Analytics

At Aramco, our behavior is what defines us - as a company, as employees, as people. Everything we do is anchored by our corporate values: citizenship, safety, accountability, excellence and integrity.

## Graphene Ventures
- Type: VC Fund
- Location: Palo Alto, California, United States
- Relevant deals: 2
- Stages: Seed, Series A, Series F
- Focus: Software, E-Commerce, Health Care

Graphene - venture fund for innovative startups.

## Vision Ventures
- Type: VC Fund
- Location: Dammam, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Information Technology, Software, E-Commerce

Vision Ventures (VV) is an early stage venture capital firm founded by experienced entrepreneurs. Its slogan is:"By Entrepreneurs for Entrepreneurs". We invest in innovative startups in the Seed and Series A across a wide range of verticals. We help startups realize their dreams and make a difference in a noisy world. We are an energeticteam that has a wealth of experience in starting companies and steering them to success and hyper growth. Our combined experience spans over 90 years in multiple countries which gives us extensive experience in multi-national, multi-cultural teams. We provide startups with hands on assistance and guidance on marketing, sales, product/service development, financial planning and management, expansion & growth strategy, and more.

## Impact46
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: E-Commerce, Financial Services, FinTech

Impact 46 is an asset manager and advisor that specializes in alternative investment opportunities. The firm provides innovative investment products and services to local & international institutions, family groups, endowments, and high net worth investors.

## Joa Capital
- Type: VC Fund
- Location: Az Zahra', Ar Riyad, Saudi Arabia
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: FinTech, PropTech, Information Technology

Joa Capital: Pioneers in financing technology and innovation in the Kingdom of Saudi Arabia.

## Lucrative Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: B2C, SaaS, Beauty

Lucrative Ventures operates as an Investment Firm.

## Ithraa Capital
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed
- Focus: B2C, SaaS, Beauty

Ithraa Capital is a company that specializes in Investment services.

## Dual Gate Investment Holding
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: B2C, SaaS, Beauty

Dual Gate Investment Holding

## Stc
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Series A
- Focus: Software, E-Commerce, Electronics

The stc group is a driving force behind the region's digital transformation, providing cutting-edge solutions and expediting the digitization process. Digital infrastructure, cloud computing, cybersecurity, Internet of Things (IoT), digital payments, digital media, and digital entertainment are just a few of the many services offered by thegroup.

## 100 Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: B2C, SaaS, Beauty

100 Ventures is an investment firm and its invests in pre-seed and seed startups companies.

## EQ2 Ventures
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: E-Commerce, Retail, Advertising

Evergreen venture capital investing in Seed to Series A startups across MENA and Africa. 27 active investments, $71.8M portfolio NAV, 17% IRR.

## Abdulrahman Sulaiman Alrajhi & sons Co.
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Series A
- Focus: Software, E-Commerce, Electronics

Abdulrahman Sulaiman Alrajhi & sons Co. is an investment company.

## Raz Group
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: Events, Advertising, Media and Entertainment

Raz Group empowers entrepreneurs and helps them transform their passions into value-adding companies.

## Techstars Accelerator
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: B2C, SaaS, Hotel

Techstars Accelerator

## Wamda Capital
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Software, Financial Services

We are a leading venture capital firm in Dubai, UAE, focused on supporting entrepreneurs in the MENA region at the seed- and early-stage building great companies.

## Entrepreneur Venture
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Software, Internet, SaaS

Entrepreneur Venture is a private equity firm based in Paris, France. The firm seeks to invest in the retail, SaaS, and e-commerce sectors. The firm prefers to invest in companies based in Europe.

## Sadu Capital
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: B2B, SaaS, Software

Sadu Capital is a global VC firm, backing bold MENA founders from seed to Series A with smart capital, global networks, and hands-on support to scale.

## PreAngel
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Angel, Seed, Series A
- Focus: Internet, Software, Blockchain

PreAngel is a 30M RMB investment fund focused on early stage internet startups. Investment on each project range from 100K to 1M RMB. In addition to investment, PreAngel plays a key role as "co-founder", providing guidance in startup operation, business model refinement and industry resources.

## Derayah Venture Capital
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: FinTech, Financial Services, Predictive Analytics

Derayah Venture Capital is a Venture Capital Fund That Invests in High Growth Startups across the MENA region.
