# Top 25 Hardware Startup Investors in Jordan in June 2026

## Propeller Inc.
- Type: VC Fund
- Location: Amman, Amman, Jordan
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Computer, Information Technology

Capital is important, but your first customers, hires and product are fundamental to building great companies. As builders ourselves, we understand that product-market fit is the only thing that matters.

## Jabbar Internet Group
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: E-Commerce, Retail, Internet

The exit of Souq to Amazon is the largest tech transaction of the region, and Souq continues to pave the way in e-commerce in the region. Souq was built from the ground up by the same team at Jabbar, who built the Maktoob portal before that. Maktoob was born out of a simple idea but with a vision that the Arabic Internet will grow and become anintegral part of everybody's life, and grew to become the largest Arabic Internet property before Yahoo acquired it.Both the Souq and Maktoob stories have become inspiring success stories in the region, where budding entrepreneurs and VC's alike, look to our team for inspiration and new ideas.Today Jabbar continues to grow and pave the way for tech in the region. It is in this spirit that we embrace any entrepreneur who is willing to innovate and take risks in order to create something great. Jabbar nurtures such individuals and supports nascent ideas that are in line with its mission. So join our journey :-)

## Algebra Ventures
- Type: VC Fund
- Location: Cairo, Al Qahirah, Egypt
- Relevant deals: 2
- Stages: Series A, Seed, Pre-Seed
- Focus: Financial Services, E-Commerce, Marketplace

Algebra Ventures invests in technology startups that leverage innovation to transform large markets. They seek high-growth companies, led by passionate and capable teams, that have a unique value proposition, and that can generate significant economic returns.Algebra Ventures looks for entrepreneurial teams that possess vision and insight as wellas the execution skills needed to build scalable companies. Algebra Ventures focuses on Series A and Series B rounds in Egypt although they do not exclude investments in earlier-stage startups or in other parts of the MENA region. They prefer to meet startups early on and get to know the team as the opportunity is shaping up.

## Financial Horizon Group
- Type: VC Fund
- Location: Khobar, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, FinTech, Finance

Financial Horizon Group (FHG) specializes in financial consulting, executive recruitment, and business setup services designed for Saudi Arabia's dynamic market. Discover how our expert solutions can help your business thrive and succeed.

## Innovative Startups and SME’s Fund (ISSF)
- Type: VC Fund
- Location: Amman, Amman, Jordan
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, Health Care, Food and Beverage

The Innovative Startups and SMEs Fund (“ISSF”) is a private sector managed fund making investments in innovative startups and early stage SMEs. The World Bank has invested USD 50 million in the Fund which was complimented by the Central Bank of Jordan with an additional USD 48 million bringing the total working capital of the ISSF to USD 98million.

## HALA Ventures
- Type: VC Fund
- Location: Khobar, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: FinTech, Software, Financial Services

Technology VC that empowers GCC’s startups in their early-growth stages.

## Morningstar Ventures
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Gaming

We are a proprietary investment firm focused on digital assets and blockchain technology, primarily focused on the Elrond Ecosystem.

## Silicon Badia
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

Silicon Badia is a venture capital firm providing networks and support to leading technology entrepreneurs around the world.

## Arzan Venture Capital
- Type: VC Fund
- Location: Kuwait, Al Kuwayt, Kuwait
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, E-Commerce, SaaS

Arzan Venture Capital (Arzan VC) is a Kuwait-born VC firm that has been investing in startups with a MENA angle since 2014, making it one of the earliest VC firms in the region. Arzan VC's portfolio includes 30+ startups. The firm invests in young, fast-growing and innovative tech teams and it remains committed to building long-lastingrelationships with the region’s most talented entrepreneurs at an early stage.

## Mary Nazzal-Batayneh
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Virtualization, Food and Beverage

Chairperson of 17 Ventures.

## Beyond Capital
- Type: VC Fund
- Location: Amman, Amman, Jordan
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Video, Gaming, Content

Funded by USAID, Beyond Capital is an LC created through a joint partnership between Endeavor Jordan, a leading non-profit that supports high-impact entrepreneurs, & Silicon Badia, a global venture capital firm focusing on investments in the tech sector.

## Edgo VC
- Type: VC Fund
- Location: Amman, Amman, Jordan
- Relevant deals: 1
- Stages: Series A
- Focus: FinTech, Finance, Computer

Edgo VC is the venture capital arm of Edgo, under which the group’s direct and indirect venture capital activities are consolidated. Edgo VC takes an opportunistic approach to venture capital investing and is sector, stage, and region agnostic.

## Etihad Bank
- Type: VC Fund
- Relevant deals: 1
- Focus: Computer, Software, Staffing Agency

Bank

## SANAD Fund
- Type: VC Fund
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 1
- Stages: Pre-Seed, Series A
- Focus: SaaS, Computer, Internet

The SANAD* Fund for MSME views the micro, small and medium enterprise sector as an engine of economic development, job creation and prosperity in the Middle East and North Africa (MENA). This also makes it a vast and as yet untapped investment opportunity.To realize this potential, SANAD provides debt and equity financing to local partnerinstitutions for on-lending to micro, small and medium enterprises (MSMEs) and fueling their growth.

## KISP Ventures
- Type: VC Fund
- Location: Kuwait, Al Kuwayt, Kuwait
- Relevant deals: 1
- Stages: Seed, Series B
- Focus: E-Commerce, Marketplace, Internet

KISP Ventures is a shariah compliant venture capital firm that invest in early stage technology companies in the MENA region. It is sponsored by KFH Capital, the investment arm of Kuwait Finance House (KFH). Its goal is to provide entrepreneurs with growth capital and the right strategic support to build innovative companies with acceleratedgrowth. The company’s shariah compliant ethics means it is committed to building an ecosystem in the region by encouraging ‘Founder-Friendly’ financing terms that give the portfolio companies a level playing field.

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

VentureSouq (VSQ) is a MENA-based venture capital fund manager with a global portfolio. VSQ manages thematic funds, with a current focus on FinTech and ClimateTech.

## Injaz
- Type: VC Fund
- Location: Amman, Amman, Jordan
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Virtualization, Food and Beverage

INJAZ was founded in 1999 as a project under a USAID-funded program, Save the Children. In 2001, INJAZ became an independent, nonprofit Jordanian organization. Over the past 18 years, INJAZ has established itself as a leading solution provider linking the public, private, and civil society sectors to bridge the skills gap between the educationalsystem and the changing needs of the labor market.

## Nama Ventures
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: E-Commerce, Information Technology, B2B

NAMA VENTURES TECH FOUNDERS FUNDING TECH STARTUPS LOOKING FOR FUNDING? APPLY NOW

## Zuhair Shammout
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Virtualization, Food and Beverage

Zuhair Shammout

## Khwarizmi Ventures
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- 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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## Samih Toukan
- Type: Angel
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, FinTech, Finance

In the year 2000 Samih founded and became the CEO of Maktoob.com the world’s first Arabic email and largest Arab Online community. In 2005 Samih cofounded Souq.com, the Arab Worlds largest ecommerce site. In 2009 Maktoob was acquired by Yahoo! and in 2017 Souq.com was acquired by Amazon in the largest technology acquisition deals in the history ofthe region.Samih is currently the Chairman of Jabbar Internet Group (Jabbar.com). Jabbar today is one of the leading investors in Internet and technology companies in the region.

## 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.

## Select Ventures Holdings
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: E-Commerce, Electronics, Sporting Goods

Select Ventures Holdings is a UAE-based investment management firm.

## DASH Ventures
- Type: VC Fund
- Location: Amman, Amman, Jordan
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, FinTech, Internet

At the core of our ethos is a firm belief in human potential and the promise of a better future. We forge lasting legacies by partnering with founders who are obsessed with redefining paradigms and building companies that will transcend generations.

## Mufleh Akel
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Virtualization, Food and Beverage

Mufleh Akel President at Akel consulting.
