# Top 50 Hardware VC (Venture Capital) Funds in Saudi Arabia in June 2026 ## Oqal - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 7 - Stages: Seed, Pre-Seed, Series A - Focus: E-Commerce, Software, Information Technology Oqal Group was formed as an endowment group by a group of young businessmen to be a platform that brings together angel investors and emerging entrepreneurs to form partnerships of economic feasibility that raise the welfare of society and enhance the quality of life. It enables the founders of entrepreneurial startups to develop innovative andfast-growing startups in a variety of sectors by providing access to smart capital and experienced angel investors. ## Wa’ed Ventures - Type: VC Fund - Location: Dhahran, Ash Sharqiyah, Saudi Arabia - Relevant deals: 7 - Stages: Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence Wa’ed Ventures is a $500 million venture capital fund with the aim to accelerate the development of an integrated startup ecosystem by investing in local tech-based startups and incentivizing global entrepreneurs to localize their tech innovations in the Kingdom. ## Saudi Aramco Entrepreneurship Ventures - Type: VC Fund - Location: Dhahran, Ash Sharqiyah, Saudi Arabia - Relevant deals: 6 - Stages: Series A, Seed - Focus: Information Technology, Software, Apps Wa’ed Ventures is the venture capital arm of Saudi Aramco Entrepreneurship Center (Wa’ed), established by Saudi Aramco with the vision of igniting the spirit of entrepreneurship in the Kingdom of Saudi Arabia. Wa’ed has deployed a suite of programs over the years to assist entrepreneurs in establishing, enhancing, or expanding their ventures. Theseprograms comprise development and financial support including business incubation, coaching and training to guide and nurture entrepreneurs along different business stages, seed funding, non-collateral loans, venture capital (equity/debt) investment, and business development. These programs support the development of small- and medium-sized enterprises (SMEs) capable of localizing industries and diversifying the Kingdom’s economy. Wa’ed also collaborates and engages with key players in order to create an effective entrepreneurship ecosystem.Wa’ed aspires to provide leadership in promoting entrepreneurship to support economic growth, diversification, and social development in Saudi Arabia, in alignment with the Kingdom’s strategic thrust into moving towards a knowledge-based economy. The organization aims to turn innovative ideas into successful projects, create and support sustainable SMEs, and develop entrepreneurs into successful business owners.Wa’ed Ventures aims to fuel the growth of high potential companies, thereby promoting economic development in Saudi Arabia with job creation for Saudi nationals, technological improvement, knowledge transfer, economic diversification, and economic growth within the Kingdom. The firm focuses on seed, early, and growth-stage businesses across a diverse range of sectors including information and communication technology (ICT), energy, manufacturing, healthcare, and services – from mobile application platforms and technologies to industrial equipment manufacturing to advanced software solutions. ## Saudi Aramco - Type: VC Fund - Location: Dhahran, Ash Sharqiyah, Saudi Arabia - Relevant deals: 6 - Stages: Seed, Series A, Series B - Focus: Energy, Oil and Gas, Predictive Analytics At Aramco, our behavior is what defines us - as a company, as employees, as people. Everything we do is anchored by our corporate values: citizenship, safety, accountability, excellence and integrity. ## RZM Investments - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 5 - Stages: Seed, Series A - Focus: Software, E-Commerce, Predictive Analytics RZM Investments manages the shares of various companies that are in the field of health, education, hospitality, and tourism. ## Vision Ventures - Type: VC Fund - Location: Dammam, Ash Sharqiyah, Saudi Arabia - Relevant deals: 5 - Stages: Seed, Series A, Pre-Seed - Focus: Information Technology, Software, E-Commerce Vision Ventures (VV) is an early stage venture capital firm founded by experienced entrepreneurs. Its slogan is:"By Entrepreneurs for Entrepreneurs". We invest in innovative startups in the Seed and Series A across a wide range of verticals. We help startups realize their dreams and make a difference in a noisy world. We are an energeticteam that has a wealth of experience in starting companies and steering them to success and hyper growth. Our combined experience spans over 90 years in multiple countries which gives us extensive experience in multi-national, multi-cultural teams. We provide startups with hands on assistance and guidance on marketing, sales, product/service development, financial planning and management, expansion & growth strategy, and more. ## Outliers Venture Capital - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 3 - Stages: Seed, Series A, Pre-Seed - Focus: E-Commerce, Software, Financial Services Backing outlier founders who build different. ## Class 5 Global - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: FinTech, Financial Services, E-Commerce Class 5 Global is a venture fund investing in the next generation of emerging market entrepreneurs. ## Wamda Capital - Type: VC Fund - Location: Dubai, Dubai, United Arab Emirates - Relevant deals: 3 - 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. ## Khwarizmi Ventures - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 3 - 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. . ## Tech Invest Com - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Predictive Analytics, Software, E-Commerce Saudi technology investment company established in 2005. We invest in growth stage tech startups in Saudi Arabia & Middle East North Africa (MENA) region ## SEEDRA Ventures - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: FinTech, Financial Services, Predictive Analytics SEEDRA Ventures invests in companies from the very first stages of inception to Series-A and beyond, providing financing and hands-on development support. ## numu Angels Investment Community - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 2 - Stages: Pre-Seed, Seed - Focus: Virtual Reality, Augmented Reality, FinTech numu Angels Investment Community is an investment firm that empower angel investors and enhance opportunities for entrepreneurs. ## Graphene Ventures - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Series F - Focus: Software, E-Commerce, Information Technology Graphene - venture fund for innovative startups. ## 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. ## Elm - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: SaaS, Artificial Intelligence, E-Commerce 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. ## Shorooq Partners - Type: VC Fund - Location: Abu Dhabi, Abu Dhabi, United Arab Emirates - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Financial Services, FinTech, E-Commerce Shorooq Partners is the leading tech investor in the region, inspired by the best entrepreneurs, investors and practices from around the world. ## Oryx Fund - Type: VC Fund - Location: Abu Dhabi, Abu Dhabi, United Arab Emirates - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, SaaS, FinTech 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. ## Sadu Capital - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 2 - Stages: Seed, Series A - Focus: B2B, SaaS, Software Sadu Capital is a global VC firm, backing bold MENA founders from seed to Series A with smart capital, global networks, and hands-on support to scale. ## Siraj Holding - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: SaaS, Software, E-Commerce Siraj Holding invests in financial, industrial, property development, general trading and oil & gas sectors. ## F6 Ventures - Type: VC Fund - Location: Gîza, Al Jizah, Egypt - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, E-Commerce, Information Technology 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 scalewith 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. ## FlatRock Equity - Type: VC Fund - Location: Dubai, Dubai, United Arab Emirates - Relevant deals: 1 - Stages: Pre-Seed - Focus: Generative AI, Cloud Infrastructure, Artificial Intelligence We are a permanent capital investor focused on private credit, distressed assets, and exceptional technology companies. ## AlBawardi Group - Type: VC Fund - Location: Dammam, Ash Sharqiyah, Saudi Arabia - Relevant deals: 1 - Stages: Seed - Focus: SaaS, Software, E-Commerce 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. ## DSM Venturing - Type: VC Fund - Location: Heerlen, Limburg, The Netherlands - Relevant deals: 1 - Stages: Series A, Series B - Focus: Biotechnology, Health Care, Manufacturing Innovators in nutrition, health, and beauty. Together, we bring progress to life by combining the essential, the desirable, and the sustainable. ## 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. ## Riyad TAQNIA Fund (RTF) - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Internet, Software, Information Technology 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. ## Bunat Ventures - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series B - Focus: Software, SaaS, FinTech Bunat Ventures is a venture capital 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. ## Jahez International Company - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 1 - Stages: Seed - Focus: E-Commerce, Software, Predictive Analytics 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. ## HearstLab - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence 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. ## Knollwood Investment Advisory - Type: VC Fund - Location: Hunt Valley, Maryland, United States - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, E-Commerce, Information Technology Knollwood Investment Advisory is focused on financing companies in the internet security sector. ## GMS Capital Partners - Type: VC Fund - Location: Washington, District of Columbia, United States - Relevant deals: 1 - Stages: Series C - Focus: Medical, Delivery, Diabetes 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. ## Abdulrahman Sulaiman Alrajhi & sons Co. - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 1 - Stages: Series A - Focus: Software, E-Commerce, Electronics Abdulrahman Sulaiman Alrajhi & sons Co. is an investment company. ## STV - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: E-Commerce, Financial Services, Predictive Analytics STV is a $500M technology venture capital fund headquartered in Riyadh, Saudi Arabia ## Sakani Ventures - Type: VC Fund - Location: Jeddah, Makkah, Saudi Arabia - Relevant deals: 1 - Stages: Seed - Focus: Data Mining, Text Analytics, Computer Vision Sakani Ventures invests in emerging financial technology companies in Saudi Arabia and the Middle East and North Africa region. ## Iliad Partners - Type: VC Fund - Location: Dubai, Dubai, United Arab Emirates - Relevant deals: 1 - Stages: Seed, Series A, Convertible Note - Focus: Logistics, B2B, FinTech 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. ## Raed Ventures - Type: VC Fund - Location: Dammam, Ash Sharqiyah, Saudi Arabia - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: E-Commerce, Software, Financial Services We partner with exceptional founders building breakthrough companies and creating scalable impact in MENA region ## 9Yards Capital - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: FinTech, Financial Services, Software Growth-stage venture capital. ## Orbit Ventures - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Pre-Seed, Seed, Series A - Focus: FinTech, Artificial Intelligence, Software 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. ## Access Bridge Ventures - Type: VC Fund - Location: Abu Dhabi, Abu Dhabi, United Arab Emirates - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Artificial Intelligence, Software, E-Commerce Access Bridge Ventures (ABV) is a leading early stage venture capital fund. tha invests across the Middle East, North Africa, Pakistan and on a case by case basis outside these regions. We currently have investments in Saudi Arabia, United Arab Emirates, Egypt, Pakistan, Jordan and aggressively expa ## Al Tuwaijri Fund - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Payments, Shipping, Logistics Al Tuwaijri Fund is a venture capital fund. ## Business Innovation Mine (BIM) - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Apps, Financial Services, SaaS We build successful and sustainable enterprises from the ground up by capitalizing on our expertise, resources and network.We carefully select, validate and launch bold ideas that are then turned into full-fledged spun-off businesses. While every successful venture is different, there is one thing, that connects all of them – right timing.Timeis the key and the most important resource for every enterprise. That’s why we designed our own venture building process that allows fast delivery. We use our own expertise and vast network of resources to create business plans, develop the products, launch them on the market, and grow them. - Generate our own VenturesWe build startups that solve problems through an inhouse continuous, dynamic and selective ideation process. We secure financing to make sure our ventures can grow without barriers.- Build Ventures With PartnersWith our robust ecosystem we partner up with external entrepreneurs and other companies that have amazing ideas we can help them develop into successful and sustainable businesses. ## Stc - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 1 - Stages: Series A - Focus: Software, E-Commerce, Electronics The stc group is a driving force behind the region's digital transformation, providing cutting-edge solutions and expediting the digitization process. Digital infrastructure, cloud computing, cybersecurity, Internet of Things (IoT), digital payments, digital media, and digital entertainment are just a few of the many services offered by thegroup. ## Al Nafea - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: SaaS, Software, E-Commerce Al Nafea ## Derayah Venture Capital - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: FinTech, Financial Services, Predictive Analytics Derayah Venture Capital is a Venture Capital Fund That Invests in High Growth Startups across the MENA region. ## Jawla investments - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Telecommunications Jawla investments is an investment company. ## Dallah Investment - Type: VC Fund - Location: Jeddah, Makkah, Saudi Arabia - Relevant deals: 1 - Stages: Seed - Focus: B2B, SaaS, Software A diversified investment company that manages multi-billions worth of assets in Saudi Arabia and across the globe. Our investment strategy focuses on public equities, local direct investments and alternative assets. ## GSI Ventures - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: B2B, SaaS, Software GSI Ventures is the investment firm. ## Endeavor Catalyst - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Software, Information Technology, E-Commerce Endeavor Catalyst is the co-investment fund set up to invest exclusively in led companies ## PreAngel - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Angel, Seed, Series A - Focus: Internet, Software, Blockchain PreAngel is a 30M RMB investment fund focused on early stage internet startups. Investment on each project range from 100K to 1M RMB. In addition to investment, PreAngel plays a key role as "co-founder", providing guidance in startup operation, business model refinement and industry resources.