# Top 25 Health Care Startup Investors in Saudi Arabia in June 2026

## Oqal
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 5
- 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.

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

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

## Wa’ed Ventures
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 3
- 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.

## Nour Nouf Ventures
- Type: VC Fund
- Location: Jeddah, Makkah, Saudi Arabia
- Relevant deals: 2
- Stages: Seed, Convertible Note
- Focus: Information Technology, Financial Services, Health Care

We inspire to build societies where knowledge empowers every individual to realize their full potential to contribute to the greater good and to be responsible for future generations. 
Investment in startup business, Community Services, Shared Offices.

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

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

## Butterfly Ventures
- Type: VC Fund
- Location: Oulu, Oulu, Finland
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Health Care, Software, Information Technology

Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm.

## Mazen AlDarrab
- Type: Angel
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Wellness

Mazen AlDarrab is the Founder of Zid. He is a former General Manager of Hrakat Production and QDRAH.

Mr. AlDarrab graduated from King Saud University with a bachelor's degree in Computer Science - Information System.

## Mashhoor Aldubayan
- Type: Angel
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1

Mashhoor Aldubayan currently works as a Head of Demand Products for Sary. He previously worked at Mobily as a Director of Product Management. Mashhoor Aldubayan attended Arab Open University.

## Abdulla Elyas
- Type: Angel
- Location: Jeddah, Makkah, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Series A, Debt Financing
- Focus: SaaS, Credit, EdTech

Abdulla Elyas is the Co-Founder of Careem. He previously worked at enwani (Acquired by Careem) as a Co-Founder. Abdulla Elyas attended RWTH Aachen University.

## Harmonix Ventures
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed
- Focus: Fitness, Wellness, Virtual Reality

Harmonix Ventures identifies, builds, and scales ventures in tourism, hospitality, and quality of life sectors. It combines capital with expertise to support startups in real estate management, travel logistics, and wellness technologies. The firm invests in science-driven companies at the intersection of healthcare, life sciences, and deep tech.

## SEEDRA Ventures
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- 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.

## Elm
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- 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.

## Khwarizmi Ventures
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, E-Commerce, FinTech

Khwarizmi Ventures is a venture capital firm that seeks investments in startups with a passion for algorithms. It seeks to help create their vision, as they embark on a journey together that aligns their goals to improve quality of life using technology powered by algorithms.

.

## 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.

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

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

## Middle East Venture Partners (MEVP)
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: E-Commerce, Financial Services, FinTech

MEVP is a Middle East-focused venture capital firm that invests in the early and growth stages of innovative tech companies run by talented entrepreneurs in the Middle East with a focus on the GCC and Levant countries. With a team of 20 VC professionals across offices in Dubai, Beirut, Bahrain, Abu Dhabi, and Riyadh, MEVP manages 5 regional funds with more than USD 260 million in Assets Under Management. MEVP is the largest and most established VC firm in the region, with clear cross border investment appetite.

## GINCO Investments
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Big Data, Software, Education

We invest in Seed through Series B companies around the world. Our focus is to invest in companies where we can add material value through our deep relationships in UAE government as well as decades of developing successful enterprise software implementations. We invest directly and through our partners at Techstars and Human Ventures.


## Eyad Albayouk
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: SaaS, Information Services, Software

Eyad Albayouk

## Mad'a Investment Company
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: FinTech, Financial Services, E-Commerce

Mad’a Investment Company is a Private Equity firm headquartered in Riyadh, Saudi Arabia and a wholly owned subsidiary of Abdul Aziz Al Othaim & Sons Holding Company (ASO&SONS). We aim to assist businesses to reach their true potential by unlocking values which otherwise could not have been realized. We strive to create exceptional value tobusinesses through our team of investment and operating professionals working collaboratively with the management of our portfolio companies. We, as a Saudi Company, are committed to contributing to the Kingdom of Saudi Arabia and our Investment Strategy is aligned with the Vision 2030.

## 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.

## Falak Angels
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Artificial Intelligence, Hotel, Big Data

Falak Angels strives to help strategic investors find and invest in investable firms.

## Saudi Aramco
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 1
- 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.

## Merak Capital
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Gaming, Software, Financial Services

Merak Capital manages private funds in Venture Capital, Private Equity, Debt Financing, and other asset classes.

## Impact46
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, Financial Services, FinTech

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

## Gate Capital
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Farming, Consumer, Agriculture

Gate Capital offers highest quality strategic and financial advise to companies, family offices, private equity investors and entrepreneurs. We offer a full suite of financial advisory services including M&A Transaction Advisory, Venture Capital Advisory, Strategic and Debt Advisory services.    

Services    

Mergers and Acquisitions Transaction Advisory    

Debt
