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Top 50 Hardware Startup Investors in Saudi Arabia (October 2026)

The most active venture capital funds and angel investors investing in Saudi Arabia Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Saudi Arabia Hardware startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Wa’ed Ventures
VC Fund
10 Saudi Arabia, United Arab Emirates, United States Seed, Series A, Venture - Series Unknown Software, Artificial Intelligence, Information Technology $25k–$30M
Oqal
VC Fund
9 Saudi Arabia, United Arab Emirates, Egypt Seed, Pre-Seed, Series A E-Commerce, Software, Marketplace $100k–$10M
Saudi Aramco Entrepreneurship Ventures
VC Fund
7 Saudi Arabia, India, Luxembourg Series A, Seed, Convertible Note Information Technology, Software, Intelligent Systems $480k–$33M
Vision Ventures
VC Fund
7 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed Information Technology, Software, E-Commerce $22k–$27M
Saudi Aramco
VC Fund
6 Saudi Arabia, United States, China Seed, Series A, Series B Energy, Oil and Gas, Predictive Analytics $500k–$5B
RZM Investments
VC Fund
5 Saudi Arabia, United States, Egypt Seed, Series A, Venture - Series Unknown Software, E-Commerce, Predictive Analytics $1.2M–$27M
Khwarizmi Ventures
VC Fund
4 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Series B E-Commerce, FinTech, Software $1.6M–$157M
Outliers Venture Capital
VC Fund
4 Saudi Arabia, Egypt, United States Seed, Series A, Pre-Seed E-Commerce, Financial Services, Information Technology $918k–$33M
HALA Capital
VC Fund
3 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Venture - Series Unknown FinTech, Financial Services, Software $450k–$440M
Sadu Capital
VC Fund
3 Saudi Arabia, United States, United Arab Emirates Seed, Series A, Pre-Seed Software, Information Technology, B2B $2.2M–$27M
Elm
VC Fund
3 Saudi Arabia, United Arab Emirates, India Series A, Seed, Series B Artificial Intelligence, SaaS, Software $2M–$50M
Tech Invest Com
VC Fund
3 Saudi Arabia, United Arab Emirates, Jordan Series A, Seed, Series B E-Commerce, Predictive Analytics, Retail $2M–$29M
Class 5 Global
VC Fund
3 United States, United Arab Emirates, Singapore Seed, Series A, Pre-Seed FinTech, Financial Services, E-Commerce $300k–$23M
Wamda Capital
VC Fund
3 United Arab Emirates, United States, Turkey Seed, Series A, Series B E-Commerce, Software, Financial Services $600k–$65M
F6 Ventures
VC Fund
2 Egypt, United Arab Emirates, Saudi Arabia Pre-Seed, Seed, Non-Equity Assistance Software, E-Commerce, Information Technology $15k–$1.1M
Shorooq Partners
VC Fund
2 United Arab Emirates, United States, Saudi Arabia Seed, Series A, Pre-Seed FinTech, Financial Services, Software $600k–$29M
Propeller Inc.
VC Fund
2 United States, Jordan, United Arab Emirates Seed, Pre-Seed, Angel Software, Artificial Intelligence, SaaS $50k–$3.5M
Oryx Fund
VC Fund
2 United Arab Emirates, Saudi Arabia, Oman Seed, Pre-Seed, Series A Software, SaaS, FinTech $1000k–$13M
Graphene Ventures
VC Fund
2 United States, Brazil, Saudi Arabia Series A, Seed, Venture - Series Unknown Software, Health Care, Information Technology $1.4M–$170M
Endeavor Catalyst
VC Fund
2 United States, Brazil, Mexico Series B, Series A, Series C Software, FinTech, Financial Services $5.3M–$200M
Abdulaziz Alyabis
Angel
2 Saudi Arabia Seed, Pre-Seed Software, E-Commerce, Electronics
Iliad Partners
VC Fund
2 United Arab Emirates, Saudi Arabia Seed, Series A, Convertible Note Logistics, Information Technology, B2B $4M–$65M
Derayah Venture Capital
VC Fund
2 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Series B E-Commerce, FinTech, Marketplace $800k–$33M
VentureSouq
VC Fund
2 United States, United Arab Emirates, Saudi Arabia Seed, Series A, Series B FinTech, Financial Services, Software $225k–$50M
numu Angels Investment Community
VC Fund
2 Saudi Arabia, Jordan Seed, Pre-Seed FinTech, Virtual Reality, Augmented Reality $1.2M–$4.8M
Tamkeen
VC Fund
2 Bahrain, Egypt, United Arab Emirates Pre-Seed, Non-Equity Assistance, Seed SaaS, Software, Internet of Things $32k–$2.6M
HearstLab
VC Fund
2 United States, United Kingdom, The Netherlands Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $100k–$19M
SEEDRA Ventures
VC Fund
2 Saudi Arabia, United Arab Emirates, United States Seed, Pre-Seed, Series A FinTech, Predictive Analytics, E-Commerce $120k–$40M
Jawla investments
VC Fund
1 Saudi Arabia Seed Telecommunications
HIMAngel
VC Fund
1 Egypt, Saudi Arabia, United States Seed, Pre-Seed, Convertible Note Food and Beverage, E-Commerce, Agriculture $100k–$860k
Jahez International Company
VC Fund
1 Saudi Arabia, Bahrain, United Arab Emirates Seed, Series A, Series B E-Commerce, Software, SaaS $1M–$50M
Al Tuwaijri Fund
VC Fund
1 Egypt, Saudi Arabia Seed Logistics, E-Commerce, B2B $1.2M–$6.5M
PreAngel
VC Fund
1 China, United States, Switzerland Angel, Seed, Series A Internet, Software, Blockchain
GSI Ventures
VC Fund
1 Saudi Arabia, United States Seed, Pre-Seed B2B, SaaS, Software
Orbit Ventures
VC Fund
1 United States, Egypt, United Arab Emirates Seed, Pre-Seed, Series A Artificial Intelligence, Software, FinTech $100k–$12M
9Yards Capital
VC Fund
1 United States, United Kingdom, Ireland Series A, Series B, Seed FinTech, Financial Services, Software $1.3M–$130M
Abdulrahman Sulaiman Alrajhi & sons Co.
VC Fund
1 Saudi Arabia Series A, Series B Software, E-Commerce, Electronics
GMS Capital Partners
VC Fund
1 Switzerland, Saudi Arabia Series A, Series C DevOps, Medical, Delivery
FlatRock Equity
VC Fund
1 Saudi Arabia Pre-Seed Generative AI, Cloud Infrastructure, Artificial Intelligence
Sakani Ventures
VC Fund
1 Saudi Arabia Seed Data Mining, Text Analytics, Computer Vision
Stc
VC Fund
1 Saudi Arabia Series A Software, Predictive Analytics, FinTech $14M–$27M
AlBawardi Group
VC Fund
1 Saudi Arabia Seed SaaS, Software, E-Commerce
Riyad TAQNIA Fund (RTF)
VC Fund
1 Saudi Arabia, United Arab Emirates, Jordan Series A, Series B, Seed Artificial Intelligence, Internet, Software $1M–$125M
STV
VC Fund
1 Saudi Arabia, United Arab Emirates, United States Series A, Series B, Seed Financial Services, FinTech, E-Commerce $2.1M–$72M
Edventures
VC Fund
1 Egypt, Saudi Arabia, The Netherlands Seed, Pre-Seed, Venture - Series Unknown Books, EdTech, Internet
Knollwood Investment Advisory
VC Fund
1 United States, United Arab Emirates, South Korea Series A, Seed, Series B Software, E-Commerce, Information Technology $2M–$50M
Raed Ventures
VC Fund
1 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed E-Commerce, Software, Financial Services $400k–$30M
Al Nafea
VC Fund
1 Saudi Arabia Seed SaaS, Software, E-Commerce
Propeller
VC Fund
1 United States, India, Israel Seed, Pre-Seed, Series A Information Technology, Software, CleanTech $1.3M–$60M
DSM Venturing
VC Fund
1 United States, Canada, Israel Series A, Series B, Venture - Series Unknown Health Care, Biotechnology, Manufacturing $2.1M–$48M
Access all 147 investors in Saudi Arabia Hardware startups.

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

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Investor list

Wa’ed Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 10 investments in Saudi Arabia Hardware startups, 10 in the past 12 months

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Saudi Arabia, United Arab Emirates, United States

Investor stats

  • Total investments: 130
  • Round size: Seed $600k–$5.5M; Series A $2.5M–$30M; Venture - Series Unknown $25k–$1.5M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Autobia — Autobia is a B2B marketplace leveraging the data to solve the infrastructure and after-sales challenges in the automotive industry. The company bridges the gap between wholesalers and resellers by offering in-between digital, operational and logistical integrated solutions. It was founded in 2021 and is located in Dammam, Saudi Arabia.
  • OCTA — OCTA brings you the clients and runs the work behind them, from books and reconciliations to billing and close. You grow the firm without adding headcount.
  • StrikeReady — Transform security operations with Composite AI. Investigate alerts, automate SOC workflows and connect your security stack.
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Oqal
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 9 investments in Saudi Arabia Hardware 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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Saudi Aramco Entrepreneurship Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 7 investments in Saudi Arabia Hardware startups

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. These programs 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.

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Investment focus

  • Industry: Information Technology, Software, Intelligent Systems
  • Stage:Series A, Seed, Convertible Note
  • Geography: Saudi Arabia, India, Luxembourg

Investor stats

  • Total investments: 46
  • Round size: Seed $506k–$3.5M; Series A $900k–$25M; Convertible Note $480k–$33M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Ori Industries — Ori is building the AI backbone for the future, enabling teams to advance groundbreaking technology. We believe the true potential of AI will be unlocked by how seamlessly teams can access and deploy the infrastructure they need to train, serve, and scale models. As a trusted partner, Ori provides end-to-end AI infrastructure—combining powerfulGPU compute with a flexible software layer that optimizes resources. With Ori, teams can explore, build, and scale AI innovations effortlessly, transforming how software and hardware work together to drive the next wave of AI breakthroughs.
  • ELEVATUS — Elevatus is the #1 Agentic AI Hiring Operating System built for enterprise scale. Autonomous recruiting from requisition to onboarding - zero code.
  • MANAFA Capital — MANAFA is an online marketplace for investing equity into innovative, early-stage companies. It provides sophisticated investors free access to direct investment opportunities, diligence tools and industry data insights for an asset class that was previously very difficult to access. For entrepreneurs, MANAFA offers an efficient way to access anetwork of sophisticated investors as well as leading partners.
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Vision Ventures
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia · 7 investments in Saudi Arabia Hardware startups, 8 in the past 12 months

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.

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Investment focus

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

Investor stats

  • Total investments: 130
  • Round size: Seed $200k–$5M; Pre-Seed $22k–$1.7M; Series A $1.3M–$27M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Raff — RetailTech startup aiming to be the center of commerce.
  • Madeed — Madeed is a privately held company that works in the facilities and health care distribution industry.
  • Lola Do — Lola, Cake for every occasion, Customized your cake selections and Lola will bake it with love!
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Saudi Aramco
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 6 investments in Saudi Arabia Hardware startups

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.

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Investment focus

  • Industry: Energy, Oil and Gas, Predictive Analytics
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, United States, China

Investor stats

  • Total investments: 32
  • Round size: Seed $500k–$3.5M; Series A $1.3M–$5B; Series B $20M–$40M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $1.5B in 2022

Portfolio highlights

  • Unioil — Unioil is a chemicals company based out of Philippines.
  • HUMAIN — HUMAIN is a full-stack AI ecosystem. We build the future of AI from sovereign data centers and cloud to generative AI models and applications.
  • Horse Powertrain — Next-gen Powertrain Solutions. Combustion engines, hybrid solutions, transmissions and range extenders. 19,000 experts and 5 R&D centers. Explore the future of mobility today
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RZM Investments
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 5 investments in Saudi Arabia Hardware startups

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

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Investment focus

  • Industry: Software, E-Commerce, Predictive Analytics
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Saudi Arabia, United States, Egypt

Investor stats

  • Total investments: 34
  • Round size: Seed $1.2M–$5M; Series A $6M–$27M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Aamar — An innovative real estate platform that simplifies and automates leasing processes.
  • Bonat — Bonat is a customer engagement solution that provides advanced tools to help in managing businesses.
  • Rewaa — Rewaa was founded to make penetrating through the e-commerce industry easier for retailers with minimal operational and marketing costs by solving two main aspects:Marketing aspect: Make in-store products available online. By using Rewaa Cashier System, any product in the physical store will be automatically listed in the online marketplaces andthe merchant's online store. Operational aspects: The integration between physical, online store and marketplace, eliminate the need of independent inventory for online store operations, and that will help to reduce employment cost, therefore, the physical store will be the shipping center, so whenever an order received by online store will be transferred automatically for the nearest branch from the customer. And eventually, the inventory will be automatically updated across all channels.
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Khwarizmi Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 4 investments in Saudi Arabia Hardware 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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Outliers Venture Capital
VC Fund · Menlo Park, California, United States · 4 investments in Saudi Arabia Hardware startups, 6 in the past 12 months

Backing outlier founders who build different.

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Investment focus

  • Industry: E-Commerce, Financial Services, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, Egypt, United States

Investor stats

  • Total investments: 37
  • Round size: Seed $1.4M–$6M; Pre-Seed $918k–$11M; Series A $1M–$33M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Grove — Grove is a Riyadh-based company building technology for freshness in the fresh-produce sector. Grove connects farms, markets, and households through an integrated, demand-driven operating system that coordinates planning, quality, logistics, and service as one loop. Demand signals from multiple channels are unified to guide upstream decisions andensure every grade of produce has an optimal path to market. Quality is treated as a managed process across the chain—not a final inspection—so produce reaches consumers ripe, flavorful, and reliable.
  • Stream — Stream is a company that helps make payments simpler, faster, and reliable.
  • Global Settlement Network — Global Settlement Network enables regulated institutions to issue digital currency, settle tokenized assets, and move value across borders.
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HALA Capital
VC Fund · Khobar, Ash Sharqiyah, Saudi Arabia · 3 investments in Saudi Arabia Hardware startups

Investment Management Company

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 44
  • Round size: Seed $600k–$6.3M; Series A $500k–$35M; Venture - Series Unknown $450k–$440M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Rize — Rize is a PropTech platform transforming rental payments for both residential and commercial properties. With its “Rent Now, Pay Later” service, Rize allows tenants to split their annual rent into manageable installments, which benefits both renters, who can better manage their rental budgets, and landlords, who can reach a larger consumer base andreceive their yearly rental payment in advance. By enhancing affordability and flexibility, Rize inherently boosts occupancy rates across the rental market.
  • intella — AI-powered voice agents, call center analytics, transcription, and speech-to-text for banks and telecoms across MENA. 86+ Arabic AI experts.
  • Quantum Platform — Quantum | B2B platform to acquire new customers, use our marketing & consumer behavior analysis tools to reach your exact target audience right to their doorsteps!
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Sadu Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 3 investments in Saudi Arabia Hardware startups, 6 in the past 12 months

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.

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Investment focus

  • Industry: Software, Information Technology, B2B
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, United States, United Arab Emirates

Investor stats

  • Total investments: 16
  • Round size: Seed $2.2M–$7M; Series A $8M–$27M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • OCTA — OCTA brings you the clients and runs the work behind them, from books and reconciliations to billing and close. You grow the firm without adding headcount.
  • Solidrange — Solidrange specializes in cybersecurity risk reduction, compliance management, and business continuity solutions.
  • Safqah Capital — Safqah Capital is an innovative fintech and proptech company headquartered in Riyadh. We specialize in structuring and distributing Sharia-compliant Sukuk for small and medium-sized real estate developers. Safqah's digital investment platform enables secure participation from both retail and institutional investors, backed by rigorous duediligence, transparency, and smart governance. Safqah operates at the intersection of technology, finance, and real estate, positioning itself as a key enabler of Vision 2030’s housing and development goals.
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Access 48,091 investors

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

Browse database — It's Free!
Elm
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 3 investments in Saudi Arabia Hardware startups

Elm offer a wide range of ready-made and customized digital solutions in many areas. The company provides products that are seemingly tailored to customers' needs and aspirations.

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Investment focus

  • Industry: Artificial Intelligence, SaaS, Software
  • Stage:Series A, Seed, Series B
  • Geography: Saudi Arabia, United Arab Emirates, India

Investor stats

  • Total investments: 22
  • Round size: Seed $2M–$7.4M; Series A $2.3M–$21M; Series B $16M–$50M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Sirdab — Sirdab provides technology-enabled warehousing, transportation, and fulfillment services for businesses. The company connects businesses with on-demand warehouse space for dry, ambient, chilled, and frozen goods. Its transportation services support shipments between cities and include bulk transportation and last-mile delivery. Sirdab also providese-commerce fulfillment services covering order picking, packing, shipping, and delivery. Its Warehouse Management System and Order and Inventory Management System provide tools for managing inventory, warehouses, orders, shipments, and logistics operations. The platform provides real-time inventory visibility and tracks goods throughout storage and transportation activities. Sirdab serves e-commerce sellers, brands, wholesalers, distributors, and businesses managing seasonal or ongoing inventory.
  • Reachware — Reachware is the top IPaaS in the Middle East, connecting systems for a unified ecosystem. Trusted by global enterprises. Learn more.
  • Syarah — Syarah is an online cars marketplaces.
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Tech Invest Com
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 3 investments in Saudi Arabia Hardware startups

Saudi technology investment company established in 2005. We invest in growth stage tech startups in Saudi Arabia & Middle East North Africa (MENA) region

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Investment focus

  • Industry: E-Commerce, Predictive Analytics, Retail
  • Stage:Series A, Seed, Series B
  • Geography: Saudi Arabia, United Arab Emirates, Jordan

Investor stats

  • Total investments: 21
  • Round size: Seed $2M–$10M; Series A $3.5M–$29M; Series B $12M–$28M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Anecdote —
  • Merit Incentives — Seamless, API-driven solutions connecting you to a global network of 7,000+ brands, enabling real-time, instant gratification across 155+ countries.
  • Simplified Financial Solutions Company — Simplified Financial Solutions Company offers startups and SMEs financial management solutions including the ability to issue virtual and physical corporate cards, manage spending and automate expense reporting.
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Class 5 Global
VC Fund · San Francisco, California, United States · 3 investments in Saudi Arabia Hardware startups

Class 5 Global is a venture fund investing in the next generation of emerging market entrepreneurs.

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Investment focus

  • Industry: FinTech, Financial Services, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Arab Emirates, Singapore

Investor stats

  • Total investments: 42
  • Round size: Seed $1.4M–$8.5M; Pre-Seed $300k–$5M; Series A $8M–$23M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $1.2M in 2022

Portfolio highlights

  • Ziina — Pay and get paid fast. Ziina is the easiest way to send and receive money in the UAE. Accept cashless payments anywhere with Apple Pay, Google Pay, or card.
  • invygo — Invygo is MENA's first & largest car subscription service creating accessible mobility options through an all-inclusive monthly subscription, all in a seamless app-based experience.For consumers: we provide them access to passenger cars without any financial burdens through a customizable month-to-month subscription through a mobile appFor Dealers: through our technology, they get access to a new business model that helps them generate revenue and reduce their depreciation and operational cost The company was founded in 2018 by Eslam Hussein and Pulkit Ganjoo in Dubai, UAE.
  • BRKZ — BRKZ is a construction-tech company that provides a one-stop solution by selling building materials to contractors and builders.
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Wamda Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 3 investments in Saudi Arabia Hardware startups

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.

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, United States, Turkey

Investor stats

  • Total investments: 133
  • Round size: Seed $600k–$6.5M; Series A $2.2M–$10M; Series B $3.5M–$65M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $70M in 2018

Portfolio highlights

  • 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.
  • Hala — Hala offers a payment and wallet solution for individuals and point-of-sale (PoS) services that enable merchants to accept credit card payments.
  • Anecdote —
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F6 Ventures
VC Fund · Gîza, Al Jizah, Egypt · 2 investments in Saudi Arabia Hardware startups

F6 Ventures is a leading seed stage venture capital firm operating across emerging markets. We back exceptional founders from idea-stage all the way to Series A, combining early capital with strategic support and a commitment to long-term partnership. With deep ties across the Middle East, Africa, and beyond, we empower innovative startups to scale with purpose and impact. We manage over $90M in AUM across more than 300 investments in seven countries. By investing early in Pre-Seed to Pre-Series A rounds, we help founders cover initial costs, develop their product, and take it to market. This early capital acts as a launchpad, enabling startups to hit key milestones like securing first customers, attracting follow-on funding, and making significant strides forward.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Pre-Seed, Seed, Non-Equity Assistance
  • Geography: Egypt, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 365
  • Round size: Seed $15k–$1.1M; Pre-Seed $49k–$600k
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $95M in 2023

Portfolio highlights

  • Tagaddod — Tagaddod is a renewable Energy and Waste Management Egyptian company, started in February 2013 and operating in Cairo –Egypt. Currently focusing on clean fuels, Tagaddod is working on Biodiesel production from Vegetable Oils. Biodiesel is a fuel alternative that is produced from waste vegetable oils and used in conventional diesel engines, whichcan directly substitute for or extend supplies of traditional petroleum diesel.
  • Makan Home — SHEN168 adalah situs toto togel online yang terpercaya, menawarkan pengalaman bermain yang aman dan menyenangkan bagi para penggemar togel online.
  • MyAlice — The modern customer service and social selling platform. Support anytime and sell anywhere with all your messages, orders, and agents in one place.
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Shorooq Partners
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 2 investments in Saudi Arabia Hardware startups, 13 in the past 12 months

Shorooq Partners is the leading tech investor in the region, inspired by the best entrepreneurs, investors and practices from around the world.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, United States, Saudi Arabia

Investor stats

  • Total investments: 222
  • Round size: Seed $600k–$10M; Pre-Seed $2M–$4.5M; Series A $2M–$29M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $100M in 2024

Portfolio highlights

  • FMSi — FMSi is a SaaS company that helps with vehicle tracking solutions, administration and monitoring services for IVMS, and project management.
  • Aumet — Aumet allows medical manufacturers and distributors increase their sales by sharing hospital inquiries, business news, search for products, and find potential clients.Manufacturers and distributors who work together connect and get verified so they share hospital inquiries, market business news between each other .Suppliers list their productsand connect with distributors who sell these products and select countries, where they are looking for distributors, in the meantime distributors, connects with their suppliers, search for new product and list their interests.
  • OptimizeGEO.ai — OptimizeGEO.ai is an AI search visibility platform whose proprietary engine helps brands dominate LLM and AI search results
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Propeller Inc.
VC Fund · Amman, Amman, Jordan · 2 investments in Saudi Arabia Hardware startups

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Jordan, United Arab Emirates

Investor stats

  • Total investments: 21
  • Round size: Seed $50k–$3.5M; Pre-Seed $100k–$3.3M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely actively investing — fresh fund, raised $50M in 2025

Portfolio highlights

  • Codemod — Codemod gives agents compiler-aware code intelligence for reliable framework upgrades, code migrations, and security fixes.
  • Tapflow — I find people who already do the job and email them under your name. When they send a CV, it lands in your inbox. Free account, $50 in credits, no card.
  • Ciphero AI — Ciphero is the first AI Verification Layer that collects, verifies, and governs all corporate AI interactions, promoting safe and ethical AI use across all enterprises.
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Oryx Fund
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 2 investments in Saudi Arabia Hardware startups

Oryx Fund is a MENA-focused Investment fund from Hambro Perks. Investing in game-changing early-stage technology companies at late Seed and Series A, led by outstanding entrepreneurs in sectors we have deep expertise such as Fintech, Healthtech, Enterprise tech, Logistics tech, and Edtech.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Arab Emirates, Saudi Arabia, Oman

Investor stats

  • Total investments: 31
  • Round size: Seed $1M–$6.5M; Pre-Seed $1000k–$2.2M; Series A $5M–$13M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Armoir — Armoir is a luxury luggage brand that designs quality suitcases inspired by travel trunks.
  • Coraly — Coraly connects marketplace benchmarking with practical real-estate AI for property portals, MLSs and real-estate organizations.
  • Qanooni — The legal AI operating system for law firms. Qanooni connects your matters, precedents and 5,000+ cited legal authorities, inside Word and Outlook.
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Graphene Ventures
VC Fund · Palo Alto, California, United States · 2 investments in Saudi Arabia Hardware startups

Graphene - venture fund for innovative startups.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Series A, Seed, Venture - Series Unknown
  • Geography: United States, Brazil, Saudi Arabia

Investor stats

  • Total investments: 59
  • Round size: Seed $1.4M–$7M; Series A $5.1M–$27M; Venture - Series Unknown $5.2M–$170M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • CUB — CUB develops a platform that automates the management of receivables and after-sales for subdivisions. It replaces manual routines to save time, and resources, and reduce bad debt.
  • Decoda Health — Decoda Health is building the most powerful AI-enabled platform for medical practices.
  • Smartlens — Smartlens, Inc. is a medical technology company making non-invasive soft contact lenses as a convenient and affordable way of diurnal IOP (eye pressure) measurement. Smartlens helps with screening, diagnosis, and treatment of Glaucoma - the leading cause of irreversible blindness.
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Endeavor Catalyst
VC Fund · New York, New York, United States · 2 investments in Saudi Arabia Hardware startups

Endeavor Catalyst is a venture capital co-investment fund affiliated with Endeavor, a global organization that supports high-impact entrepreneurs. The fund invests exclusively in companies led by entrepreneurs within the Endeavor network, primarily in emerging and underserved markets. The fund follows a rules-based investment approach, participating alongside other institutional investors while aligning with Endeavor’s broader mission. In addition to generating returns for its limited partners, proceeds from Endeavor Catalyst contribute to supporting Endeavor’s global operations and ecosystem development.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Series B, Series A, Series C
  • Geography: United States, Brazil, Mexico

Investor stats

  • Total investments: 505
  • Round size: Series A $5.3M–$37M; Series B $8M–$100M; Series C $20M–$200M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely actively investing — fresh fund, raised $300M in 2025

Portfolio highlights

  • Dataroid — Enterprise-level digital analytics and customer engagement platform that helps enhance every customer interaction with data-driven insights.
  • Pagaleve — pagaleve offers payment in installments at PIX, with no interest and no credit card required. They provide merchants with a new payment method in order to increase their sales in a simple, uncomplicated, and agile manner, but they also want to provide people with the opportunity to buy what they want without committing to the card'shigh-interest rates and credit.
  • Scanntech — Scanntech is a data intelligence technology firm that provides point-of-sale software to retail stores.
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Abdulaziz Alyabis
Angel · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Hardware startups

Abdulaziz Alyabis

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Investment focus

  • Industry: Software, E-Commerce, Electronics
  • Stage:Seed, Pre-Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Rewaa | رواء — Rewaa was founded to make penetrating through the e-commerce industry easier for retailers with minimal operational and marketing costs by solving two main aspects:Marketing aspect: Make in-store products available online. By using Rewaa Cashier System, any product in the physical store will be automatically listed in the online marketplaces andthe merchant's online store. Operational aspects: The integration between physical, online store and marketplace, eliminate the need of independent inventory for online store operations, and that will help to reduce employment cost, therefore, the physical store will be the shipping center, so whenever an order received by online store will be transferred automatically for the nearest branch from the customer. And eventually, the inventory will be automatically updated across all channels.
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Iliad Partners
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Saudi Arabia Hardware startups

Iliad Partners is a venture capital firm based in Dubai that helps founders in MENA turn startups into successful high-growth companies. Join our epic journey.

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Investment focus

  • Industry: Logistics, Information Technology, B2B
  • Stage:Seed, Series A, Convertible Note
  • Geography: United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 9
  • Round size: Seed $6.5M–$65M; Series A $8M–$23M; Convertible Note $4M–$10M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fresh fund, raised $50M in 2024

Portfolio highlights

  • Comfi.ai — Unlock B2B Growth in MENA: Streamline Payments & Offer Credit with Comfi BNPL
  • OTO — OTO is SaaS company that helps retailers implement their Omni-Channel strategy by enabling them to ship their online orders directly from the physical stores with the best delivery partners in just 2 hours! Also, we provide Online Retailers and E-commerce companies access to ship packages with more than 80 delivery & carrier companies shipping domestically and internationally.
  • Penny Software — Penny AI is an enterprise Procurement AI system that streamlines RFXs, POs, approvals, supplier management, and payments within a unified source-to-pay system.
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Derayah Venture Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Hardware startups

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

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Investment focus

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

Investor stats

  • Total investments: 24
  • Round size: Seed $800k–$21M; Series A $2.3M–$33M; Series B $6M–$31M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Resal — Resal is the regional leader in digital value exchange and alternative payment solutions by creating a comprehensive ecosystem for prepaid gift cards, loyalty, rewards, and payout and spend management
  • Moyasar — Moyasar is an online payment gateway that provides electronic payment solutions.
  • Syarah — Syarah is an online cars marketplaces.
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VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Saudi Arabia Hardware startups

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.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 222
  • Round size: Seed $225k–$9M; Series A $6M–$37M; Series B $300k–$50M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: Likely still investing — raised $50M in 2021

Portfolio highlights

  • Orbii AI — Our AI enriches & analyses borrower data, helping you make credit decisions in minutes. Accelerate your business loan Underwriting decisons.
  • Siin — E-commerce Marketplace
  • MilkStraw AI — Saving companies up to 75% on AWS
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numu Angels Investment Community
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Hardware startups

numu Angels Investment Community is an investment firm that empower angel investors and enhance opportunities for entrepreneurs.

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Investment focus

  • Industry: FinTech, Virtual Reality, Augmented Reality
  • Stage:Seed, Pre-Seed
  • Geography: Saudi Arabia, Jordan

Investor stats

  • Total investments: 5
  • Round size: Seed $1.2M–$4.8M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • LDUN — We enable a scalable and sustainable business model, by enabling buyers to obtain the desired products by dividing the invoice amount into installments without any interest or fees.
  • Viero — CarGenie is an intelligent CRM software that leverages AI/ML to transform auto service businesses. Our platform focuses on building long-lasting customer relationships through intuitive subscription management and engaging loyalty programs. With CarGenie, businesses can make data-driven decisions to discover new growth opportunities based ontheir customers data.
  • Madkhol Capital — MadKhol is an innovative, technology-driven, and all-inclusive financial advisory company that helps people manage their wealth and take care of their future.
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Tamkeen
VC Fund · 2 investments in Saudi Arabia Hardware startups

Tamkeen is a semi-governmental organization in Bahrain, established in 2006 under Law Number (57) as part of the country’s national reform initiatives. Tamkeen is tasked with making the private sector the key driver of economic development.Tamkeen’s mandate revolves mainly around developing Bahrainis to allow for their effective competition inthe labour market. Additionally, drive increased productivity and efficiency among businesses, and simultaneously help generate value-added job opportunities in the Kingdom.

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Investment focus

  • Industry: SaaS, Software, Internet of Things
  • Stage:Pre-Seed, Non-Equity Assistance, Seed
  • Geography: Bahrain, Egypt, United Arab Emirates

Investor stats

  • Total investments: 40
  • Round size: Seed $37k–$2.6M; Pre-Seed $32k–$56k
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Benyany — Benyany simplifies and keeps homebuilding affordable. With curated product alternatives and real-time updates, you can keep tabs on your spending, manage your responsibilities, and maintain control. Easily and affordably construct your ideal home with Benyany!
  • Lamma — Lamma is an e-commerce platform with AI capabilities designed for the GCC.
  • PROCODE — The competitive gaming platform. Compete in tournaments, learn from coaches, and earn rewards.
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HearstLab
VC Fund · New York, New York, United States · 2 investments in Saudi Arabia Hardware startups

HearstLab provides cash investments and services to early-stage, women-led startups innovating across fintech, data analytics, health, transportation, enterprise technology and media. Its mission is to close the gap in VC funding for women by helping founders build sustainable and highly scalable businesses.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, The Netherlands

Investor stats

  • Total investments: 138
  • Round size: Seed $100k–$4.5M; Pre-Seed $100k–$1.5M; Series A $4.3M–$19M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Ikura — Ikura is a travel company that provides personalized travel experiences, connecting travelers with local communities and businesses.
  • MamaWell —
  • Buzz Solutions — Buzz Solutions provides a software platform powered by Artificial Intelligence, Actionable Insights, and Predictive Analytics for faults and anomaly detection for the power line inspection process for power utilities. The company's platform automates the process of storing and organizing visual data (captured in the field through drones andhelicopters), analyzing for faults using its AI algorithms, mapping the data and providing heat maps as well as predictive insights for when, where and what kind of faults are happening on power line and assets. Using its solutions, power utilities save over 50% of cost and time to analyze data which makes condition-based maintenance efforts easier and time-efficient, thus, preventing wildfires, power outages, and other climate change effects on the physical infrastructure of the grid.
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SEEDRA Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Hardware startups

SEEDRA Ventures invests in companies from the very first stages of inception to Series-A and beyond, providing financing and hands-on development support.

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Investment focus

  • Industry: FinTech, Predictive Analytics, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, United States

Investor stats

  • Total investments: 51
  • Round size: Seed $1.3M–$5.6M; Pre-Seed $120k–$1.5M; Series A $1.3M–$40M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Madeed — Madeed is a privately held company that works in the facilities and health care distribution industry.
  • Gaia — Gaia is a sovereign AI platform for Saudi enterprises. It connects knowledge, files, systems, emails and workflows into a single operational intelligence layer. Employees search across everything the company knows but permission-aware so no one sees what they don't already have access to, get generative AI answers grounded in their own datawith cited sources, and hand cross-system work to AI agents with important steps routed to a person for approval. Hosted on the company’s cloud or fully on-premise so data never leaves your own infrastructure.
  • RIME — A specialized Saudi company providing AI driven solutions, integrated with branch monitors and IoT. Utilizing AI agents
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Jawla investments
VC Fund · 1 investments in Saudi Arabia Hardware startups

Jawla investments is an investment company.

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Investment focus

  • Industry: Telecommunications
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Tygo — Tygo is the telecommunications services and marketing platform.
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HIMAngel
VC Fund · Cairo, Al Qahirah, Egypt · 1 investments in Saudi Arabia Hardware startups

HIMAngel is a venture capital and private equity firm that supports early-stage startups to grow. It fills the funds' gap as there is an increasing focus on growth-stage VC funds, but little attention and even less money made available for early-stage investments. HIMAngel was founded in 2017 and headquartered in Cairo, Al Qahirah.

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Investment focus

  • Industry: Food and Beverage, E-Commerce, Agriculture
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Egypt, Saudi Arabia, United States

Investor stats

  • Total investments: 28
  • Round size: Seed $100k–$860k
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Rology — AI-assisted On-demand Teleradiology Platform
  • GBarena — GBarena is an online esports platform that serves the ecosystem stakeholders by the combination of a strong network of different esports communities, and a highly analytical tool to provide authentic value for all stakeholders (Publishers, Gamers, Tournament Organizers, Sponsors, Teams, and Media Partners).
  • Shezlong — Talk to your therapist online privately anytime anywhere!
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Jahez International Company
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Hardware startups

Jahez is a Saudi company that facilitates an online food delivery platform to unite stakeholders from restaurants, logistic fleet, and customers to deliver meal orders into Jahez Mobile Application. Jahez emerged to design and develop in-house software, the best-integrated solution with advanced features & functions since 2014 to matchcustomers' expectations of a perfect experience. The company launched its services in the market of Saudi Arabia in September 2016. Jahez has utilized state-of-the-art technology to embed the big data techniques with data platforms and use all artificial intelligence tools, machine learning solutions too. The ongoing information technology and network infrastructure rapid development & integration make the Jahez application more reliable to customers' trust to place orders. Automate share location, personal data access, pay online with credit or debit trusty cards, and more to be appreciated quickly. Thus, merchants or restaurants share the same enthusiasm of being part of the platform to connect their customers' desires of food types and enjoy offline dine-in service at home or office among friends and family. Meanwhile, the fleet of drivers is linked with the service to dispatch orders from each restaurant allocated kitchen on the map to the customer doorstep with the most convenient way and time.

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Investment focus

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

Investor stats

  • Total investments: 11
  • Round size: Seed $1M–$21M; Series A $7M–$18M; Series B $15M–$50M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Doos — Doos is a lifestyle app that delivers your daily requirements and wants with a quality experience in less 30 minutes.
  • Moyasar — Moyasar is an online payment gateway that provides electronic payment solutions.
  • GrubTech — An end-to-end kitchen management platform with food aggregator, online ordering, POS, ERP and 3pl integrations; to streamline online food delivery orders and create efficiencies for delivery-centric restaurants and cloud kitchens (ghost kitchens, dark kitchens, virtual kitchens).
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Al Tuwaijri Fund
VC Fund · 1 investments in Saudi Arabia Hardware startups

Al Tuwaijri Fund is a venture capital fund.

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Investment focus

  • Industry: Logistics, E-Commerce, B2B
  • Stage:Seed
  • Geography: Egypt, Saudi Arabia

Investor stats

  • Total investments: 3
  • Round size: Seed $1.2M–$6.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • VOO — VOO helps SMEs to increase their delivery success rate by providing one platform to manage deliveries , one API integration which connect businesses to a large network of national and international shipping providers , we are "Your E-Commerce Growth Partner"
  • SIDEUP — SIDEUP provides you with all the necessary tools to grow your business through a hassle-free experience from local and global logistics support, storage services, and innovative and real-time dashboards.
  • Penny Software — Penny AI is an enterprise Procurement AI system that streamlines RFXs, POs, approvals, supplier management, and payments within a unified source-to-pay system.
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PreAngel
VC Fund · Beijing, Beijing, China · 1 investments in Saudi Arabia Hardware startups

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.

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Investment focus

  • Industry: Internet, Software, Blockchain
  • Stage:Angel, Seed, Series A
  • Geography: China, United States, Switzerland

Investor stats

  • Total investments: 104
  • Lead/follow: no public data

Portfolio highlights

  • Ajuna Network — Ajuna Network is a decentralized ecosystem for gamers and creators.
  • X World Games — Founded in 2018, X World Games (“XWG”) aims to build the next-gen decentralized gaming metaverse.X World Games' vision is to build a diversified gaming ecosystem that connects traditional gamers with the blockchain world and invite more game developers into the crypto space by creating and providing the underlying blockchain framework.Withits gaming innovation, crypto game - Dream Card, NFT Marketplace and DeFi Pool, X World Games now serves over 2 million registered gamers, and has quickly become the fastest-growing crypto gaming platform in the ecosystem.X World Games is headquartered in Singapore with a 100+ dynamic team located worldwide.
  • Feiba Business Travel — Feiba Business Travel is a business trip ticket service platform
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GSI Ventures
VC Fund · 1 investments in Saudi Arabia Hardware startups

GSI Ventures is the investment firm.

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Investment focus

  • Industry: B2B, SaaS, Software
  • Stage:Seed, Pre-Seed
  • Geography: Saudi Arabia, United States

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Spike AI — Spike AI's Marketing AGI (MAGI) automates SEO, content strategy, and marketing optimization. Experience the future of B2B SaaS marketing with our autonomous AI system.
  • Penny Software — Penny AI is an enterprise Procurement AI system that streamlines RFXs, POs, approvals, supplier management, and payments within a unified source-to-pay system.
  • CloudShelf — CloudShelf is a specializing in e-commerce business support services by providing smart and unique logistical solutions that help e-stores.
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Orbit Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Saudi Arabia Hardware startups, 51 in the past 12 months

Founded in 2010, Orbit is the Emerging Markets VC investing in tech companies that digitize traditional industries and help people raise their living standards all in a more sustainable way. Orbit provides a lifetime program with hands-on support for partnerships, business development, fundraising, growth, and an initial investment package andfollow-on funding. The firm focuses on digitalization across e-commerce, fintech, media, healthcare, education, and logistics sectors.

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Investment focus

  • Industry: Artificial Intelligence, Software, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Egypt, United Arab Emirates

Investor stats

  • Total investments: 174
  • Round size: Seed $100k–$2M; Pre-Seed $100k–$1M; Series A $2.3M–$12M
  • Lead/follow: 84% lead, 16% follow

Portfolio highlights

  • Cypien AI — Cypien AI is an artificial intelligence system that provides personalized experiences by converting simple web pages into an active and modular business platform.
  • Mozart — Mozart developed a conversational AI platform that helps companies recover debt through virtual agents.
  • MyAlice — The modern customer service and social selling platform. Support anytime and sell anywhere with all your messages, orders, and agents in one place.
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9Yards Capital
VC Fund · San Francisco, California, United States · 1 investments in Saudi Arabia Hardware startups

Growth-stage venture capital.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Ireland

Investor stats

  • Total investments: 129
  • Round size: Seed $1.3M–$17M; Series A $7.4M–$30M; Series B $17M–$130M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Calibre — Calibre is a technology-driven company developing AI-powered solutions for the testing, inspection, and certification industry, helping businesses improve operational efficiency, automate compliance processes, and enhance the accuracy and reliability of quality assurance services.
  • LightTable — LightTable is a software company that specializes in designing documents and fewer RFIs for architects and construction.
  • Candex — Candex is your tech-based master vendor, enabling enterprises to engage and make purchases from suppliers in a compliant way without onboarding delays.
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Abdulrahman Sulaiman Alrajhi & sons Co.
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Hardware startups

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

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Investment focus

  • Industry: Software, E-Commerce, Electronics
  • Stage:Series A, Series B
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Rewaa — Rewaa was founded to make penetrating through the e-commerce industry easier for retailers with minimal operational and marketing costs by solving two main aspects:Marketing aspect: Make in-store products available online. By using Rewaa Cashier System, any product in the physical store will be automatically listed in the online marketplaces andthe merchant's online store. Operational aspects: The integration between physical, online store and marketplace, eliminate the need of independent inventory for online store operations, and that will help to reduce employment cost, therefore, the physical store will be the shipping center, so whenever an order received by online store will be transferred automatically for the nearest branch from the customer. And eventually, the inventory will be automatically updated across all channels.
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GMS Capital Partners
VC Fund · Washington, District of Columbia, United States · 1 investments in Saudi Arabia Hardware startups

GMS Capital Partners LLC is an investment management firm focused on sourcing, arranging and making investments across different asset classes, including private equity, venture capital, real estate and other alternative asset classes. Established in 2017, the firm is incorporated in Delaware and manages several investment vehicles on behalf of its parent company, GMS Holdings.

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Investment focus

  • Industry: DevOps, Medical, Delivery
  • Stage:Series A, Series C
  • Geography: Switzerland, Saudi Arabia

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • CeQur — CeQur simplifies mealtime insulin delivery to help people with diabetes maintain well-controlled blood glucose levels
  • Chefaa — Chefaa is a GPS-enabled pharmacy benefits platform connecting patients & pharmacies nation-wide to help patients manage all their pharmacy needs. Chefaa uses big data, data ming & machine learning
  • OmniOps — Discover OmniOps, your partner in innovative cloud solutions and artificial intelligence in Saudi Arabia. Enhance your digital transformation journey with our expert services tailored for growth and efficiency. Visit us now to learn more.
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FlatRock Equity
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Saudi Arabia Hardware startups

We are a permanent capital investor focused on private credit, distressed assets, and exceptional technology companies.

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Investment focus

  • Industry: Generative AI, Cloud Infrastructure, Artificial Intelligence
  • Stage:Pre-Seed
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Aztra Tech — AZTRA Tech is an AI-first infrastructure intelligence company helping governments and enterprises design smarter, more resilient cities.From zoning compliance and traffic forecasting to permitting automation and disaster recovery, we deliver AI-powered solutions that streamline urban planning and operations.Now expanding into space-basedinfrastructure monitoring through our Saudi imaging initiative, we’re bringing satellite intelligence into everyday decision-making—enhancing how cities respond, adapt, and grow.AZTRA Tech — where technology solves, and AI evolves.
  • Monit — We are developing end-to-end AI-powered IoT solutions in developing countries to give organizations real-time access to data so that they can make better decisions to reduce costs and improve worker safety
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Sakani Ventures
VC Fund · Jeddah, Makkah, Saudi Arabia · 1 investments in Saudi Arabia Hardware startups

Sakani Ventures invests in emerging financial technology companies in Saudi Arabia and the Middle East and North Africa region.

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Investment focus

  • Industry: Data Mining, Text Analytics, Computer Vision
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Quantum Platform — Quantum | B2B platform to acquire new customers, use our marketing & consumer behavior analysis tools to reach your exact target audience right to their doorsteps!
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Stc
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Hardware startups

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.

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Investment focus

  • Industry: Software, Predictive Analytics, FinTech
  • Stage:Series A
  • Geography: Saudi Arabia

Investor stats

  • Total investments: 2
  • Round size: Series A $14M–$27M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rewaa — Rewaa was founded to make penetrating through the e-commerce industry easier for retailers with minimal operational and marketing costs by solving two main aspects:Marketing aspect: Make in-store products available online. By using Rewaa Cashier System, any product in the physical store will be automatically listed in the online marketplaces andthe merchant's online store. Operational aspects: The integration between physical, online store and marketplace, eliminate the need of independent inventory for online store operations, and that will help to reduce employment cost, therefore, the physical store will be the shipping center, so whenever an order received by online store will be transferred automatically for the nearest branch from the customer. And eventually, the inventory will be automatically updated across all channels.
  • Nearpay — Focus On Building Deep Technology To Create Innovations
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AlBawardi Group
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia · 1 investments in Saudi Arabia Hardware startups

Albawardi's great stability, growth, and strength lies in its flexibility to respond to changing market dynamics and the diversified nature of its activities. Albawardi's vision is customer-oriented and innovative. As a result, it can optimize its response to new opportunities and market developments, while meeting the highestinternational quality standards across all the Group’s operations. World-class companies in Saudi Arabia and the Middle East leverage the expertise of Albawardi subsidiaries. Competitive advantages enjoyed by its customers are a fitting testament to the Group’s culture of quality and this is a cornerstone of the business on which long-term relationships are fostered. Partnership with Albawardi Group ensures association with a dynamic enterprise that enjoys a longstanding reputation for professionalism and an ethical approach to business.

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Omniful — Omniful's modular platform replaces legacy systems with AI-powered OMS, WMS, and TMS. Streamline fulfillment, cut costs, and scale across channels.
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Riyad TAQNIA Fund (RTF)
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Hardware startups

Riyad TAQNIA Fund (RTF) is a venture capital fund investing in early stage technology companies around the globe. The fund is interested in post-revenue Seed through Series-B opportunities. RTF was founded by Riyad Capital Co. and TAQNIA and is backed by leading Saudi institutional investors.

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Investment focus

  • Industry: Artificial Intelligence, Internet, Software
  • Stage:Series A, Series B, Seed
  • Geography: Saudi Arabia, United Arab Emirates, Jordan

Investor stats

  • Total investments: 21
  • Round size: Seed $1M–$2.7M; Series A $2M–$23M; Series B $4M–$125M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Haseel — The new concept to meet your needs of vegetables and fruits selects you the best crops and the best prices in a way that is consistent with your digital age.
  • TruKKer — TRUKKER is one of the leading names of logistics & transportation companies in UAE, KSA, Egypt & across the GCC. We offer logistics & transport & truck rental services in the MENA Region. Call us on +971 600-524642.
  • Unifonic — Unifonic is a software-as-a-service (SaaS) company. It develops a communications platform used by organizations to send and manage messages and interactions across multiple channels such as SMS, voice calls, WhatsApp, and web chat through a single system.
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STV
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Hardware startups

STV is a $500M technology venture capital fund headquartered in Riyadh, Saudi Arabia

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Investment focus

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

Investor stats

  • Total investments: 78
  • Round size: Seed $2.1M–$17M; Series A $6M–$30M; Series B $20M–$72M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $100M in 2026

Portfolio highlights

  • Morni — Morni is an interactive platform that provides roadside assistant services in Saudi Arabia and the Gulf Countries through a smart-phone application. Morni currently provides its services to both individuals and corporations.
  • Signit — Transform your contract workflows with secure, legally-binding e-signatures. Trusted by 700+ Saudi organizations.
  • Stream — Stream is a company that helps make payments simpler, faster, and reliable.
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Edventures
VC Fund · Boise, Idaho, United States · 1 investments in Saudi Arabia Hardware startups

PCS Edventures is a leader in K-12 STEM education and experts in hands-on educational products for classroom, after-school and home learning.

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Investment focus

  • Industry: Books, EdTech, Internet
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Egypt, Saudi Arabia, The Netherlands

Investor stats

  • Total investments: 5
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Sprints — home page Description
  • OTO Courses — Get Started With OTO Courses, English Teachers, English Courses, English Assessment
  • Crafty Workshop — Crafty Workshop offers an arsenal of online technical and pedagogical workshops and courses aimed at artisans and craftspeople.
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Knollwood Investment Advisory
VC Fund · Hunt Valley, Maryland, United States · 1 investments in Saudi Arabia Hardware startups

Knollwood Investment Advisory is focused on financing companies in the internet security sector.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Arab Emirates, South Korea

Investor stats

  • Total investments: 57
  • Round size: Seed $2M–$7M; Series A $8M–$33M; Series B $7M–$50M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Cercli — Cercli is a human resources, modern payroll and employee data platform for the Middle East and North Africa (MENA).
  • Zafran Security — Zafran Risk Mitigation Platform defuses threat exploitation by mobilizing existing security tools
  • Polaris Electro-Optics — Polaris Electro-Optics empowers integrated photonics for communications and computation.
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Raed Ventures
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia · 1 investments in Saudi Arabia Hardware 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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Al Nafea
VC Fund · 1 investments in Saudi Arabia Hardware startups

Al Nafea

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Omniful — Omniful's modular platform replaces legacy systems with AI-powered OMS, WMS, and TMS. Streamline fulfillment, cut costs, and scale across channels.
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Propeller
VC Fund · Boston, Massachusetts, United States · 1 investments in Saudi Arabia Hardware startups

We invest in transformational leaders at the earliest stages of ocean-climate innovation in massive markets.

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Investment focus

  • Industry: Information Technology, Software, CleanTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Israel

Investor stats

  • Total investments: 14
  • Round size: Seed $1.3M–$13M; Pre-Seed $1.5M–$4.4M; Series A $8M–$60M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • Nexxa.ai — AI for Industrial Autonomy
  • pHathom Technologies —
  • Blaze Energy Technologies — Fuel-Flexibility for Maritime Shipping - First Deployment in 2027
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DSM Venturing
VC Fund · Heerlen, Limburg, The Netherlands · 1 investments in Saudi Arabia Hardware startups

Innovators in nutrition, health, and beauty. Together, we bring progress to life by combining the essential, the desirable, and the sustainable.

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Investment focus

  • Industry: Health Care, Biotechnology, Manufacturing
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 96
  • Round size: Series A $3.5M–$32M; Series B $5.6M–$30M; Venture - Series Unknown $2.1M–$48M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — last raise in 2012

Portfolio highlights

  • Athian — Funding livestock sustainability via a connected carbon marketplace.
  • Octarine Bio — Octarine Bio is a world leading synthetic biology platform with a core mission to drive bio-based, sustainable solutions to address the most pressing planetary issues through innovation & exploration. Inspired by nature, to protect nature.
  • Meala Foodtech — Revolutionary texturized plant proteins that replace eggs and hydrocolloids. Clean-label, allergen-free solutions for baking, savory foods, and dressings.
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Hardware Investor funding in Saudi Arabia at a glance

Stats across 125 deals from 147 investors.

147
investors
in Saudi Arabia Hardware startups
125
deals
in Saudi Arabia Hardware startups
$2.2M
median round
in Saudi Arabia Hardware startups
37%
lead investors
lead at least one round
31%
Seed
most common funding stage
96/4
VC / Angel
share of investor count

Access all 147 investors in Saudi Arabia Hardware startups.

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