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Top 15 Fashion Startup Investors in Saudi Arabia (October 2026)

The most active venture capital funds and angel investors investing in Saudi Arabia Fashion startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Saudi Arabia Fashion startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Raed Ventures
VC Fund
2 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed E-Commerce, Software, Financial Services $400k–$30M
Impact46
VC Fund
2 Saudi Arabia, United Arab Emirates, United States Seed, Series A, Venture - Series Unknown E-Commerce, Gaming, Financial Services $1M–$24M
Oqal
VC Fund
2 Saudi Arabia, United Arab Emirates, Egypt Seed, Pre-Seed, Series A E-Commerce, Software, Marketplace $100k–$10M
Khwarizmi Ventures
VC Fund
2 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Series B E-Commerce, FinTech, Software $1.6M–$157M
Joa Capital
VC Fund
2 United Arab Emirates, Saudi Arabia, Kuwait Seed, Series A, Pre-Seed FinTech, PropTech, Information Technology $1M–$35M
Nuwa Capital
VC Fund
1 United Arab Emirates, Saudi Arabia, Egypt Seed, Pre-Seed, Series B E-Commerce, Financial Services, FinTech $1.3M–$39M
Raz Group
VC Fund
1 Saudi Arabia, United Arab Emirates Seed, Pre-Seed, Convertible Note Events, Advertising, Media and Entertainment $550k–$2.5M
Rashed Abdul Rahman AlRashed & Sons
VC Fund
1 Saudi Arabia Seed, Series B, Convertible Note SaaS, Sports, Fashion $6M–$30M
Women Spark
VC Fund
1 United Arab Emirates, Saudi Arabia, Bahrain Seed, Pre-Seed, Angel Apps, Gift, Education $1.1M–$2M
Sanabil
VC Fund
1 United States, Saudi Arabia, United Arab Emirates Pre-Seed, Series A, Series B Artificial Intelligence, Information Technology, E-Commerce $100k–$157M
Sultan Al-Hokair
Angel
1 Saudi Arabia Seed Fashion, E-Commerce
Jamil Ahmad
Angel
1 Saudi Arabia Seed Fashion, E-Commerce
FENA Holdings
VC Fund
1 Saudi Arabia, United States Seed, Pre-Seed Fashion, Software, E-Commerce
Abhishek Sharma
Angel
1 India, Saudi Arabia, United Arab Emirates Seed, Pre-Seed Supply Chain Management, Apps, Fashion $300k–$2.6M
Turki Al Rajhi
Angel
1 Saudi Arabia Seed Fashion, E-Commerce
Access all 27 investors in Saudi Arabia Fashion startups.

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Investor list

Raed Ventures
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia · 2 investments in Saudi Arabia Fashion startups, 8 in the past 12 months

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

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 112
  • Round size: Seed $600k–$10M; Pre-Seed $400k–$13M; Series A $2.3M–$30M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Zeal — Zeal transforms your current card machines, enabling them to unlock powerful insights and deliver seamless loyalty. Zeal integrates with all card machines and is trusted by industry leaders.
  • Echelon — Echelon is an artificial intelligence operations group that manages technology integrations, technical workforce training, and industrial software distribution for enterprise and government clients.
  • THINK-AI — The Think AI Fabric: AI Node, ILM, and Constellation bonded into one supercompute platform, built for radical efficiency. Nothing sits idle.
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Impact46
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Fashion startups, 10 in the past 12 months

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.

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Investment focus

  • Industry: E-Commerce, Gaming, Financial Services
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Saudi Arabia, United Arab Emirates, United States

Investor stats

  • Total investments: 90
  • Round size: Seed $1M–$5M; Series A $5M–$22M; Venture - Series Unknown $1.5M–$24M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $133M in 2023

Portfolio highlights

  • Hazen.ai — Hazen.ai is a Saudi startup focusing on artificial intelligence based traffic analytics and monitoring solutions
  • TakaHouse — TakaHouse is a gaming company that combines entertainment and communication for gamers.
  • Syarah — Syarah is an online cars marketplaces.
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Oqal
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Fashion startups

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 and fast-growing startups in a variety of sectors by providing access to smart capital and experienced angel investors.

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Investment focus

  • Industry: E-Commerce, Software, Marketplace
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 146
  • Round size: Seed $100k–$2.1M; Pre-Seed $220k–$1.1M; Series A $133k–$10M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Raff — RetailTech startup aiming to be the center of commerce.
  • Siin — E-commerce Marketplace
  • Mantas — Parametric insurance for cloud outages with swift payouts triggered by real-time data
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Khwarizmi Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Fashion startups

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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Investment focus

  • Industry: E-Commerce, FinTech, Software
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 61
  • Round size: Seed $1.6M–$16M; Series A $5.5M–$37M; Series B $16M–$157M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $63M in 2021

Portfolio highlights

  • Erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
  • Aya — Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into a single discovery platform.
  • RemotePass — RemotePass makes it easy to hire, onboard & pay your global team in full compliance, giving you everything you need to support them
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Joa Capital
VC Fund · Az Zahra', Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Fashion startups

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

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Investment focus

  • Industry: FinTech, PropTech, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, Saudi Arabia, Kuwait

Investor stats

  • Total investments: 30
  • Round size: Seed $1.6M–$15M; Pre-Seed $1M–$3.4M; Series A $6M–$35M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
  • Aya — Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into a single discovery platform.
  • InvestSky — InvestSky offers zero commission investing in your favorite stocks. Invest smarter, together. Trading mobile app is coming soon, join the waitlist!
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Nuwa Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Saudi Arabia Fashion startups, 6 in the past 12 months

A radical investment platform reshaping the relationship between founders and capital.

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Investment focus

  • Industry: E-Commerce, Financial Services, FinTech
  • Stage:Seed, Pre-Seed, Series B
  • Geography: United Arab Emirates, Saudi Arabia, Egypt

Investor stats

  • Total investments: 62
  • Round size: Seed $1.3M–$13M; Pre-Seed $1.6M–$5.5M; Series B $5M–$39M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2021

Portfolio highlights

  • Erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
  • Bundle — Tap into our shared reward pools to increase user growth and engagement with meaningful rewards.
  • Keep Converting — Keep Converting is a technology company that develops AI-driven tools for e-commerce personalization and conversion optimization. The platform analyzes visitor behavior and shopping patterns to help online stores deliver tailored product recommendations, customized user experiences, and automated engagement strategies. Its services are designed tosupport digital retailers in improving customer interaction, increasing sales efficiency, and enhancing overall website performance across online commerce channels.
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Raz Group
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Fashion startups

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

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Investment focus

  • Industry: Events, Advertising, Media and Entertainment
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 47
  • Round size: Seed $550k–$2.5M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Dnaneer — Dnaneer is a FinTech platform that connects online businesses with investors through crowdfunding of enterprises.
  • Ebra — Ebra is leading a new era of debt recovery in the Middle East. As the region’s first AI-powered collection company, we’re redefining how businesses recover capital, making the process smarter, faster, and built on trust. We’re setting a new standard for debt collection.
  • Myne — Myne offers a comprehensive platform for tracking, growing, and protecting assets. The platform integrates seamlessly with various financial tools to provide users with a holistic view of their wealth. Key features include net worth tracking, budgeting, investing, and estate planning. Myne ensures data security with multiple layers of encryption,making it a secure choice for managing financial well-being.
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Rashed Abdul Rahman AlRashed & Sons
VC Fund · Khobar, Ash Sharqiyah, Saudi Arabia · 1 investments in Saudi Arabia Fashion startups

Rashed Abdul Rahman AlRashed & Sons operates in several business areas namely building materials, cement and bulk materials, finishing materials, contracting, industrial products, automotive products, and food products. Large scale investments are made in developing land and property through ther real estate sector and many businesspartnerships are initiated with global companies via their Investment sector.

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Investment focus

  • Industry: SaaS, Sports, Fashion
  • Stage:Seed, Series B, Convertible Note
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 4
  • Round size: Series B $6M–$30M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Lucidya — Lucidya is a tool for social media analytics powered by artificial intelligence and big data solution. lucidya have many uses like market research, benchmarking, crisis management , product development ..etc
  • Taffi — We help fashion retailers drive more sales with agentic solutions that personally inspire and support shoppers
  • Grintafy Technologies — Grintafy Technologies is operates a talent discovery platform for amateur footballers.
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Women Spark
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Fashion startups

Women Spark, powered by PLAYBOOK, serves as a dynamic bridge, connecting investors with promising deal flow and founders with the essential capital to drive impactful strides in the ecosystem.

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Investment focus

  • Industry: Apps, Gift, Education
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United Arab Emirates, Saudi Arabia, Bahrain

Investor stats

  • Total investments: 9
  • Round size: Seed $1.1M–$2M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Stllr Network — Stllr Network streamlines authentic video content production by creators on web or API.
  • Taffi — We help fashion retailers drive more sales with agentic solutions that personally inspire and support shoppers
  • CADO Gifting — CADO Gifting is a leading online gift shop based in Dubai that offers a variety of premium products like flowers, cakes, roses, plants, chocolate boxes, home items, balloons, baskets, hampers and also experiences for you, your loved ones and your business. Home Delivery & Fast Delivery.
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Sanabil
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Fashion startups, 8 in the past 12 months

Sanabil Investments is a sovereign wealth fund specializing in direct and fund of funds investments. Its investments are concentrated in direct equity investments, primarily in the Kingdom, and in funds, as well as in diversified investment portfolios. These investments support the growth of the Kingdom’s economy while building international investment capability and transferring expertise to local Saudi talent.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, E-Commerce
  • Stage:Pre-Seed, Series A, Series B
  • Geography: United States, Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 70
  • Round size: Pre-Seed $100k–$5M; Series A $6.9M–$30M; Series B $1M–$157M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Qanary — Qanary is a digital second-opinion platform designed to help radiologists detect cancer at its earliest, most treatable stages.
  • FlyAkeed — FlyAkeed is the only app that enables you to browse fully-booked flights and waitlist to issue your ticket once your seat becomes available again.
  • ImmunoPrecise Antibodies — IPA is a biotherapeutic research and technology company that leverages systems biology, multi-omics modeling, and complex artificial intelligence systems to support its proprietary technologies in bioplatform-based antibody discovery. Recently, IPA was ranked by one of the pharmaceutical industry’s most trusted and independent market researchsources as having the highest competitive score for its antibody service portfolio.1The company represents a HUB of biotherapeutic intelligence that includes a hybrid of experts and technologies, providing highly specialized full-continuum therapeutic antibody discovery and development —with advanced omics and complex artificial intelligence technology [LENSai] that provide greater efficiency and accuracy than ever before. Our mission is to provide a HUB of the most advanced intelligence and technology to treat disease, bar none. Our goal is to support the advancement of novel biologics against even the most challenging targets, ultimately contributing to the treatment of diseases and the betterment of humankind.Footnote: 1. ROOTS 2022: Antibody Discovery Services and Platforms Market
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Sultan Al-Hokair
Angel · 1 investments in Saudi Arabia Fashion startups

Sultan Al-Hokair is a founder of the fashion retail company Eyad Mashaat.

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Investment focus

  • Industry: Fashion, E-Commerce
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Taffi — We help fashion retailers drive more sales with agentic solutions that personally inspire and support shoppers
Show all investments...

Jamil Ahmad
Angel · Dubai, Dubai, United Arab Emirates · 1 investments in Saudi Arabia Fashion startups

Jamil Ahmad is based out of Dubai and is the CEO and Founder of Marrfa. Jamil previously worked at Fashinza as a Co-Founder and Chief Business Officer. Jamil Ahmad attended Global University.

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Investment focus

  • Industry: Fashion, E-Commerce
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Taffi — We help fashion retailers drive more sales with agentic solutions that personally inspire and support shoppers
Show all investments...

FENA Holdings
VC Fund · London, England, United Kingdom · 1 investments in Saudi Arabia Fashion startups

We invest and operate software, commerce, and financial services companies across MENA.

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Investment focus

  • Industry: Fashion, Software, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: Saudi Arabia, United States

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Aya — Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into a single discovery platform.
  • HeyBreez AI — Breez AI is a no-code voice orchestration platform built for reliable, scalable real-time voice AI. The system unifies carrier connectivity, media delivery, AI models, and orchestration into one global routing layer, stabilizing phone operations and enabling companies to scale voice automation without engineering or additional headcount.
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Abhishek Sharma
Angel · New York, New York, United States · 1 investments in Saudi Arabia Fashion startups

Abhishek is the Co-Founder and COO of Fashinza, a global tech-enabled manufacturing company helping Fashion brands source apparel using data and cloud that is more sustainable, ethical, inclusive, fast, and efficient. Fashinza is funded by leading VCs, Accel Partners, Elevation Capital, Prosus Ventures (Naspers), Westbridge, and ADQ UAE.He hasextensive experience in product & technology, building start-ups like Flipkart (India’s leading eCommerce platform acquired by Walmart), LimeRoad, Curofy (acquired by RoundGlass USA) & BharatPe. He is also a writer and guest author for ProductSchool, Hackernoon, Prototypr, and Noteworthy

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Investment focus

  • Industry: Supply Chain Management, Apps, Fashion
  • Stage:Seed, Pre-Seed
  • Geography: India, Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 6
  • Round size: Seed $300k–$2.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kikibix — Relish what tastes like your childhood, loaded with an array of healthy ingredients for scrumptiously flavorful and healthy snacks. Born from the vision of a doctor to make a brilliant amalgamation of tasty and healthy. Made with love, baked to perfection, a home for healthy cookies that taste amazing!
  • Babynama — Chat with MD pediatricians online for newborn and child health guidance. Get 24/7 support through WhatsApp, video consultations, and personalized care plans.
  • Magma — Magma platform partners with factories and raw materials suppliers to offer supply chain services from the supplier to the customer.
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Turki Al Rajhi
Angel · 1 investments in Saudi Arabia Fashion startups

Turki Al Rajhi is the Partner at Al Rajhi Holdings.

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Investment focus

  • Industry: Fashion, E-Commerce
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Aya — Aya is a modest fashion e-commerce platform that strives to unite the fragmented modest fashion industry into a single discovery platform.
Show all investments...

Fashion Investor funding in Saudi Arabia at a glance

Stats across 19 deals from 27 investors.

27
investors
in Saudi Arabia Fashion startups
19
deals
in Saudi Arabia Fashion startups
$183M
median round
in Saudi Arabia Fashion startups
52%
lead investors
lead at least one round
32%
Seed
most common funding stage
81/19
VC / Angel
share of investor count

Access all 27 investors in Saudi Arabia Fashion startups.

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