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Top 50 Machine Learning VC Funds & Investors in Saudi Arabia (November 2026)

The most active venture capital funds investing in Saudi Arabia Machine Learning startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Saudi Arabia Machine Learning startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
VentureSouq
VC Fund
7 United States, United Arab Emirates, Saudi Arabia Seed, Series A, Series B FinTech, Financial Services, Software $225k–$50M
Wa’ed Ventures
VC Fund
6 Saudi Arabia, United Arab Emirates, United States Seed, Series A, Venture - Series Unknown Software, Artificial Intelligence, Information Technology $25k–$30M
SEEDRA Ventures
VC Fund
6 Saudi Arabia, United Arab Emirates, United States Seed, Pre-Seed, Series A FinTech, Predictive Analytics, E-Commerce $120k–$40M
STV
VC Fund
5 Saudi Arabia, United Arab Emirates, United States Series A, Series B, Seed Financial Services, FinTech, E-Commerce $2.1M–$72M
Saudi Aramco Entrepreneurship Ventures
VC Fund
4 Saudi Arabia, India, Luxembourg Series A, Seed, Convertible Note Information Technology, Software, Intelligent Systems $480k–$33M
Shorooq Partners
VC Fund
3 United Arab Emirates, United States, Saudi Arabia Seed, Series A, Pre-Seed FinTech, Financial Services, Software $600k–$29M
Impact46
VC Fund
2 Saudi Arabia, United Arab Emirates, United States Seed, Series A, Venture - Series Unknown E-Commerce, Gaming, Financial Services $1M–$24M
Khwarizmi Ventures
VC Fund
2 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Series B E-Commerce, FinTech, Software $1.6M–$157M
Raed Ventures
VC Fund
2 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed E-Commerce, Software, Financial Services $400k–$30M
Sultan Holdings
VC Fund
2 Saudi Arabia Seed, Series A, Venture - Series Unknown SaaS, Chemical, Software
Propeller Inc.
VC Fund
2 United States, Jordan, United Arab Emirates Seed, Pre-Seed, Angel Software, Artificial Intelligence, SaaS $50k–$3.5M
HALA Capital
VC Fund
2 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Venture - Series Unknown FinTech, Financial Services, Software $450k–$440M
otf Jasoor Ventures
VC Fund
2 United Arab Emirates, Saudi Arabia, Oman Seed, Series A, Series B Logistics, B2B, FinTech $2M–$42M
Derayah Venture Capital
VC Fund
2 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Series B E-Commerce, FinTech, Marketplace $800k–$33M
Oqal
VC Fund
2 Saudi Arabia, United Arab Emirates, Egypt Seed, Pre-Seed, Series A E-Commerce, Software, Financial Services $100k–$10M
Waad Investment
VC Fund
2 Saudi Arabia, United Arab Emirates, Oman Venture - Series Unknown, Seed, Pre-Seed Financial Services, FinTech, Artificial Intelligence $750k–$15M
Integrated Networks
VC Fund
1 United Arab Emirates, Saudi Arabia Seed, Series A FinTech, Mobile, Internet $1M–$2.3M
Wealth Well
VC Fund
1 United Arab Emirates, Saudi Arabia, Egypt Seed, Pre-Seed, Series A FinTech, E-Commerce, Financial Services $1.6M–$5.6M
AlThuraya AlOmrania Properties
VC Fund
1 Saudi Arabia Seed Data Mining, Real Estate, Machine Learning
Sanabil
VC Fund
1 United States, Saudi Arabia, United Arab Emirates Pre-Seed, Series A, Series B Artificial Intelligence, Information Technology, E-Commerce $100k–$157M
Glint Ventures
VC Fund
1 South Korea, Saudi Arabia, United Arab Emirates Seed, Pre-Seed Software, Artificial Intelligence, Finance
Nour Nouf Ventures
VC Fund
1 Saudi Arabia, United States, Egypt Seed, Series A Information Technology, Financial Services, Health Care $300k–$25M
Abunayyan Holding
VC Fund
1 Saudi Arabia, United Arab Emirates Series A, Seed Information Technology, Internet, Analytics $1.3M–$9M
Alsoliman Real Estate
VC Fund
1 Saudi Arabia Seed Data Mining, Real Estate, Machine Learning
Checkout.com
VC Fund
1 Singapore, Saudi Arabia Series B, Series A, Series C FinTech, Payments, Financial Services $60M–$100M
Glint Consulting
VC Fund
1 Egypt, Saudi Arabia Seed, Venture - Series Unknown Software, iOS, Apps $300k–$1M
Core Vision Investments
VC Fund
1 Saudi Arabia, Egypt, Singapore Seed, Pre-Seed, Series A FinTech, Software, Internet $150k–$5M
Terra VC
VC Fund
1 United States, Canada, Saudi Arabia Seed, Pre-Seed, Series A Software, Machine Learning, Artificial Intelligence $9M–$24M
Saudi Aramco
VC Fund
1 Saudi Arabia, United States, China Seed, Series A, Series B Energy, Oil and Gas, Predictive Analytics $500k–$5B
Tech Invest Com
VC Fund
1 Saudi Arabia, United Arab Emirates, Jordan Series A, Seed, Series B E-Commerce, Predictive Analytics, Retail $2M–$29M
F6 Ventures
VC Fund
1 Egypt, United Arab Emirates, Saudi Arabia Pre-Seed, Seed, Non-Equity Assistance Software, E-Commerce, Information Technology $15k–$1.1M
Sukna Ventures
VC Fund
1 United States, Saudi Arabia, United Arab Emirates Seed, Venture - Series Unknown, Series A Software, FinTech, Financial Services $100k–$40M
Derayah Financial
VC Fund
1 Saudi Arabia, United Arab Emirates, United States Series A, Seed, Pre-Seed FinTech, Financial Services, Payments $800k–$17M
Middle East Venture Partners (MEVP)
VC Fund
1 United Arab Emirates, Saudi Arabia, United States Seed, Series A, Series B FinTech, Financial Services, E-Commerce $420k–$50M
Saudi Venture Capital Company
VC Fund
1 Saudi Arabia, Germany, United States Seed, Series A, Series B E-Commerce, Software, FinTech $300k–$124M
Zain Ventures
VC Fund
1 Saudi Arabia, United States Series A Software, Artificial Intelligence $20M–$40M
Kenayah Co.
VC Fund
1 Saudi Arabia Seed Data Mining, Real Estate, Machine Learning
Rua Growth Fund
VC Fund
1 Saudi Arabia, United Arab Emirates, Bahrain Seed, Series A, Series B Financial Services, SaaS, FinTech $2.3M–$30M
Orbit Ventures
VC Fund
1 China, United States, India Seed, Pre-Seed, Convertible Note E-Commerce, Software, Artificial Intelligence $30k–$20M
M Capital
VC Fund
1 Saudi Arabia Seed Machine Learning, Predictive Analytics, Artificial Intelligence
The Olayan Group
VC Fund
1 United States, United Arab Emirates, India Series A, Series E, Convertible Note SaaS, Software, Information Technology $20M–$330M
Alsulaiman Group
VC Fund
1 Saudi Arabia, United Arab Emirates Venture - Series Unknown, Seed, Series A Logistics, Transportation, Supply Chain Management $2.2M–$83M
Embark Saudi
VC Fund
1 Saudi Arabia Pre-Seed Agentic AI, Generative AI, Machine Learning
Global Ventures
VC Fund
1 United Arab Emirates, Egypt, United States Seed, Series A, Series B Health Care, FinTech, Financial Services $1.2M–$50M
Wallan Group
VC Fund
1 Saudi Arabia Seed, Pre-Seed Payments, Data Mining, Real Estate
Vision Ventures
VC Fund
1 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A, Pre-Seed Information Technology, Software, E-Commerce $22k–$27M
Nama Ventures
VC Fund
1 Saudi Arabia, Egypt, United States Seed, Pre-Seed, Series A E-Commerce, Information Technology, B2B $100k–$35M
Global Founders Capital
VC Fund
1 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $575k–$30M
Salem Balhmar Real Estate
VC Fund
1 Saudi Arabia Seed Data Mining, Real Estate, Machine Learning
LEAP
VC Fund
1 United States, Nigeria, Hong Kong Grant, Seed, Pre-Seed Artificial Intelligence, Agriculture, Biotechnology $10k–$250k
Access all 83 VC funds in Saudi Arabia Machine Learning startups.

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

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Investor list

VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates · 7 investments in Saudi Arabia Machine Learning 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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Wa’ed Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 6 investments in Saudi Arabia Machine Learning startups, 9 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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SEEDRA Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 6 investments in Saudi Arabia Machine Learning 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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STV
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 5 investments in Saudi Arabia Machine Learning 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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Saudi Aramco Entrepreneurship Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 4 investments in Saudi Arabia Machine Learning 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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Shorooq Partners
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 3 investments in Saudi Arabia Machine Learning 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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Impact46
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Machine Learning startups, 10 in the past 12 months

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Hazen.ai — Hazen.ai is a Saudi startup focusing on artificial intelligence based traffic analytics and monitoring solutions
  • TakaHouse — TakaHouse is a gaming company that combines entertainment and communication for gamers.
  • Syarah — Syarah is an online cars marketplaces.
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Khwarizmi Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Machine Learning 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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Raed Ventures
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia · 2 investments in Saudi Arabia Machine Learning 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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Sultan Holdings
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Machine Learning startups

Sultan Holdings is a holding corporation. It focused on expanding both domestic and foreign investments.

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Investment focus

  • Industry: SaaS, Chemical, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Intelmatix — Intelligent Informatics Technologies Intelmatix is a deep tech AI company offering Enterprise AI that is accessible providing cutting-edge Decision Intelligence software that gives organizations a competitive advantage in the new AI era. LEARN MORE Capabilities Intelmatix develops technology platforms that integrate sector knowledge with expertise in data sensing, data processing, data analysis, data visualization and interaction.
  • Global Company for Chemical Industries — Global Company for Chemical Industries manufactures speciality chemicals using abundant and competitively priced feedstocks.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Propeller Inc.
VC Fund · Amman, Amman, Jordan · 2 investments in Saudi Arabia Machine Learning 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 to start: five real people, researched, 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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HALA Capital
VC Fund · Khobar, Ash Sharqiyah, Saudi Arabia · 2 investments in Saudi Arabia Machine Learning 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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otf Jasoor Ventures
VC Fund · Muscat, Masqat, Oman · 2 investments in Saudi Arabia Machine Learning startups

We back Omani founders from the first idea to the first real scale. Initial funding up to 40,000 OMR.

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Investment focus

  • Industry: Logistics, B2B, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Saudi Arabia, Oman

Investor stats

  • Total investments: 16
  • Round size: Seed $2M–$7.5M; Series A $2.3M–$37M; Series B $26M–$42M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • NymCard — <p><span style="color:#ce9178;">NymCard is providing, in the MENA region and around the globe, dynamic and secure building blocks for building fast and easy card programs.</span></p>
  • ELEVATUS — Elevatus is the #1 Agentic AI Hiring Operating System built for enterprise scale. Autonomous recruiting from requisition to onboarding - zero code.
  • Dastgyr Technologies — Simplifying Global Trade
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Derayah Venture Capital
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Machine Learning 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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Oqal
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Machine Learning 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, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 151
  • 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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Waad Investment
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Saudi Arabia Machine Learning startups

Waad Investment is an investment firm

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Investment focus

  • Industry: Financial Services, FinTech, Artificial Intelligence
  • Stage:Venture - Series Unknown, Seed, Pre-Seed
  • Geography: Saudi Arabia, United Arab Emirates, Oman

Investor stats

  • Total investments: 30
  • Round size: Seed $1.9M–$15M; Pre-Seed $750k–$7M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • BYANAT — byanat offers a SaaS analytics platform to scale and maintain connected infrastructure by combining connectivity management, device management, and analytics.
  • Ghanem — Ghanem is digital real estate platform specializing in fractional ownership 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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Integrated Networks
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

INTEGRATED NETWORKS CO. LTD. “INET” is a private organization founded in 2001 by a group of prominent Saudi investors, with an aim to provide unique blend of system integration using top-of-the-line products, revolutionary technology and proven expertise & experience.Authorized service provider licensed by Saudi Arabian Monetary Agency forproviding Payment Solutions, including; Point-of-Sales connectivity & management, ecommerce and Loyalty Solutions.Authorized Service Provider licensed by Communication and Information Technology Commission for providing Internet Services as well as network operation services.

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Investment focus

  • Industry: FinTech, Mobile, Internet
  • Stage:Seed, Series A
  • Geography: United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 6
  • Round size: Seed $1M–$2.3M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Enhance Ventures — Enhance is already live in 7 countries and can rapidly develop vertical marketplaces across Middle East, North Africa, Pakistan and Turkey with a higher chance of success.
  • Magnitt — Magnitt is a startup directory that connects investors, mentors, and emerging companies in the Middle East. The discovery platform is a database with over 5,500 MENA startups and over 200 investors.
  • Joi Gifts — Joi Gifts is the best online gift shop for any occasion. Send flowers, cakes, and more with same-day delivery in KSA, UAE, Jordan, Egypt and Middle East.
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Wealth Well
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

Wealth Well is an investment and wealth management firm that manages assets across real estate, private equity, and venture capital. The Riyadh, Riyadh-based firm was founded in 2015.

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Investment focus

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

Investor stats

  • Total investments: 8
  • Round size: Seed $1.6M–$5.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Klaim — Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one. They provide them with total visibility on their revenue cycle, increase their revenue through reduced claim processing time and errors, and faster payments.
  • RemotePass — RemotePass makes it easy to hire, onboard & pay your global team in full compliance, giving you everything you need to support them
  • Mala'a Technologies — Make better financial decisions with Malaa. Manage your financials, track your expenses, take a loan or invest your money all from one app. Connect you bank accounts and start today
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AlThuraya AlOmrania Properties
VC Fund · Jeddah, Makkah, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

AlThuraya AlOmrania Properties develops quality real estate projects that keep pace with the renaissance experienced by the Kingdom of Saudi Arabia in all fields, by providing model, integrated, high-quality real estate projects that meet the needs and aspirations of those wishing to live in, and visitors and visitors to these projects.

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Investment focus

  • Industry: Data Mining, Real Estate, Machine Learning
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Deal App — Deal App operates as an real estate app. Deal App designs an intricate digital solution by adopting the 'request-oriented business model', in which property seekers submit their requests through the app to receive appropriate offers directly from the active agents in the neighborhoods they are targeting.
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Sanabil
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups, 8 in the past 12 months

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

Glint Ventures is an integrated venture capital and a venture studio firm. We invest in and build Egypt-based, digital and tech enabled startups.

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Investment focus

  • Industry: Software, Artificial Intelligence, Finance
  • Stage:Seed, Pre-Seed
  • Geography: South Korea, Saudi Arabia, United Arab Emirates

Investor stats

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

Portfolio highlights

  • yozo.ai — Hire an all-in-one AI marketing team for a fraction of the cost. Yozo never forgets, learns from every interaction, and does better every time!
  • Darwinz AI — Know your market first with dima by TheDar.AI. Arabic-first media monitoring for GCC & MENA enterprises and agencies. Built from the region, for the region.
  • Tickle — Developer of a financial platform intended to provide services from savings to investment. The company's platform develops a mobile application to set savings goals for users by rewarding them with its token for every won they save and helps them to invest in stocks through those tokens, enabling users to save money for their financial needsin the future.
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Nour Nouf Ventures
VC Fund · Jeddah, Makkah, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

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.

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Investment focus

  • Industry: Information Technology, Financial Services, Health Care
  • Stage:Seed, Series A
  • Geography: Saudi Arabia, United States, Egypt

Investor stats

  • Total investments: 31
  • Round size: Seed $300k–$8M; Series A $5M–$25M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Logexa — We are the first Saudi on-demand warehousing platform that provides different storage options within multiple locations. With Logexa’s services, warehouses can increase their utilization rate. On the other hand, businesses can benefit from flexible, dispersed storage and not worry about scalability issues with their inventory.
  • Hala — Hala offers a payment and wallet solution for individuals and point-of-sale (PoS) services that enable merchants to accept credit card payments.
  • Squadio — Ibtikar Technologies Co was born in Saudi Arabia in 2010 at the hands of a group of visionaries working with a simple motto; helping business to digitally transform. The few years since our birth have been a joy ride to fill the gap in the Saudi market and contribute to it with scalable and reliable solutions.Ibtikar Technologies is one of themost experienced mobile applications development providers in the region. We believe in delivering credibility, integrity, reliability and good will with the products and solutions we provide to our clients using our enhanced knowledge and amazing work environment.
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Abunayyan Holding
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

Abunayyan Holding are turnkey partners who provide integrated solutions in water, power and energy applications in Saudi Arabia, the Middle East and Africa.

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Investment focus

  • Industry: Information Technology, Internet, Analytics
  • Stage:Series A, Seed
  • Geography: Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 5
  • Round size: Series A $1.3M–$9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Saee — Saee Jeddah-based last-mile delivery startup.
  • Lucidya — Lucidya is a tool for social media analytics powered by artificial intelligence and big data solution. lucidya have many uses like market research, benchmarking, crisis management , product development ..etc
  • MUNCH:ON — MUNCH:ON is a food tech startup that has cracked the subscription space in the UAE & KSA, focusing on offering meals from the best restaurants at a significant discount and with free delivery. The company has invested heavily in its scheduling, bundling and order prediction software which has enabled it to achieve massive cost savings for itsrestaurant partners that they then pass on to their users, often offering up to a 55% discount vs. restaurants' regular price. Whether it's employees ordering from their company's curated menu or users ordering for their families at home, the platform takes the usual hassle and cost out of food delivery in a financially (and environmentally) sustainable manner for all stakeholders
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Alsoliman Real Estate
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

Alsoliman Real Estate is a construction company that specializes in the designing and development of residential homes and communities.

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Investment focus

  • Industry: Data Mining, Real Estate, Machine Learning
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Deal App — Deal App operates as an real estate app. Deal App designs an intricate digital solution by adopting the 'request-oriented business model', in which property seekers submit their requests through the app to receive appropriate offers directly from the active agents in the neighborhoods they are targeting.
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Checkout.com
VC Fund · London, England, United Kingdom · 1 investments in Saudi Arabia Machine Learning startups

Checkout.com helps your business to offer more payment methods and currencies, to more customers. The best-in-class credit card & alternative payments gateway.

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Investment focus

  • Industry: FinTech, Payments, Financial Services
  • Stage:Series B, Series A, Series C
  • Geography: Singapore, Saudi Arabia

Investor stats

  • Total investments: 8
  • Round size: Series B $60M–$100M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Tamara — Tamara is the leading shopping and payments platform in Saudi Arabia and the GCC region, with a mission to empower people in their daily lives and revolutionize how they shop, pay and bank. The company was founded by serial entrepreneur Abdulmajeed Alsukhan along with his partners Turki Bin Zarah and Abdulmohsen Al Babtain. Tamara has over 350employees and operates out of its headquarters in Riyadh, Saudi Arabia and has offices in the UAE, Egypt, Germany and Vietnam.Tamara has raised up to $366 million in equity and debt since its launch in September 2020. Investors in Tamara include Sanabil Investments, a wholly owned company by the Public Investment Fund (PIF), Checkout.com, Coatue, Shorooq Partners, Endeavor Catalyst and now Goldman Sachs.Tamara has 6 million customers and more than 15,000 partner merchants including leading global and regional brands such as SHEIN, Jarir, Noon, IKEA, H&M as well as local small and medium businesses.
  • Thunes — Founded in 2016, Thunes is a global B2B payment infrastructure platform that powers payments for the world’s fastest-growing businesses – from gig economy giants such as Uber and Deliveroo and Southeast Asia’s super-app Grab to global fintech leaders such as PayPal, Remitly, Finastra and Revolut. Through a single, simple connection, consumers andbusinesses can send payments to – and get paid in – every corner of the world. Thunes currently supports 80 currencies, enables payments to 132 countries and helps to accept 300 payment methods. In April 2022, Thunes acquired a controlling stake in a leading anti-money laundering and compliance platform company Tookitaki, which now enables the company’s advanced compliance, anti-fraud and anti-money laundering capabilities, setting an international benchmark for sustainable compliance. The company is headquartered in Singapore, with regional offices in London, Paris, Shanghai, Beijing, Dubai, Hong Kong, Barcelona, Miami and Nairobi. Current investors include Visa, EDBI, Endeavor Catalyst, Marshall Wace, Bessemer Venture Partners, 01Fintech, Future Shape, Insight Partners, Checkout.com, Helios Investment Partners and GGV Capital. For more information, visit www.thunes.com
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Glint Consulting
VC Fund · Cairo, Al Qahirah, Egypt · 1 investments in Saudi Arabia Machine Learning startups

Glint Consulting is a management consulting firm that specializes in business strategy, operational efficiency, and growth acceleration. Its consulting services enable our clients to achieve better results and accelerate growth through advising management on key opportunities and issues such as strategy, operations, digital, and technology.GlintConsulting was founded in 2016 and headquartered in Cairo, Egypt.

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Investment focus

  • Industry: Software, iOS, Apps
  • Stage:Seed, Venture - Series Unknown
  • Geography: Egypt, Saudi Arabia

Investor stats

  • Total investments: 8
  • Round size: Seed $300k–$1M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: Likely still investing — raised $36k in 2024

Portfolio highlights

  • MITCHA — MITCHA operates as an e-commerce platform that focuses on the fashion and retail industries. The platform supports over 200 local Egyptian fashion designers, providing them with a seamless online marketplace. Customers can browse and purchase a wide range of fashion items from these designers. The platform also has a return policy, allowingcustomers to return their orders within 14 days of delivery. However, it's important to note that MITCHA currently does not offer exchanges.
  • Iqraaly — Iqraaly provides applications for audio, audiobooks, and novels that provide users with a listening experience for the novels and books within their renewed audio library.
  • Darwinz AI — Know your market first with dima by TheDar.AI. Arabic-first media monitoring for GCC & MENA enterprises and agencies. Built from the region, for the region.
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Core Vision Investments
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

Core Vision Investments operates as a venture capital firm.

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Investment focus

  • Industry: FinTech, Software, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, Egypt, Singapore

Investor stats

  • Total investments: 43
  • Round size: Seed $150k–$5M; Pre-Seed $1M–$1.6M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Oumla — Secure, scalable blockchain infrastructure for businesses, enterprises, and governments to manage digital assets with ease and compliance.
  • Uvera — Long Lasting Fresh Food
  • Zetta Technologies — Zetta Technologies is a Device as a Service (DaaS) provider with a unique business model. With us you get a complete service that enables sustainability, increases your flexibility, simplifies your operations, gives financial control, and decreases the total cost of ownership.
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Terra VC
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Saudi Arabia Machine Learning startups

An early-stage deeptech VC firm with focus on climate tech, life sciences, and next-gen computing.

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Investment focus

  • Industry: Software, Machine Learning, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Saudi Arabia

Investor stats

  • Total investments: 6
  • Round size: Series A $9M–$24M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • BreezeBio — Developing innovative therapies through targeted delivery of genetic medicines.
  • Mentium Technologies — Mentium focuses on bringing bolt-on hardware solutions for those Edge applications that need the highest speed, quality, and reliability from AI inference. Whenever AI is used in mission-critical decision-making, reaching the highest accuracy and performance is a must. Those are the applications where Mentium's solutions are the best.
  • DESAISIV — Pioneering the charge in transforming how the insurance industry operates.
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Saudi Aramco
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning 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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Tech Invest Com
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning 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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F6 Ventures
VC Fund · Gîza, Al Jizah, Egypt · 1 investments in Saudi Arabia Machine Learning 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: 374
  • Round size: Seed $15k–$1.1M; Pre-Seed $49k–$650k
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $95M in 2023

Portfolio highlights

  • Vrtx — Enabling entities to launch fintech products with embedded finance
  • 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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Sukna Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

Sukna ventures is the VC arm of Sukna Capital

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Investment focus

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

Investor stats

  • Total investments: 51
  • Round size: Seed $100k–$9M; Series A $10M–$40M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Flend — Egypt’s first tech enabled, data driven financing solutions platform dedicated to small businesses.
  • 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.
  • Anecdote —
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Derayah Financial
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

Derayah Financial is a digital investment firm and brokerage that provides online access to local and global stock, ETF, bond, margin trading, and derivatives markets, as well as Shariah-compliant advisory and robo-advisory services. The firm offers mutual funds, real estate investments, discretionary portfolio management, and research tools.

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Investment focus

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

Investor stats

  • Total investments: 10
  • Round size: Seed $800k–$1.5M; Series A $3.9M–$17M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Alpaca — Alpaca API allows developers and businesses to build apps, embed investing, and trade algorithms
  • D360 bank — D360 bank is an online digital bank. The company provides financial services through it's app.
  • Mala'a Technologies — Make better financial decisions with Malaa. Manage your financials, track your expenses, take a loan or invest your money all from one app. Connect you bank accounts and start today
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Middle East Venture Partners (MEVP)
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Saudi Arabia Machine Learning startups

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.

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Investment focus

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

Investor stats

  • Total investments: 123
  • Round size: Seed $420k–$6M; Series A $2.6M–$22M; Series B $4.6M–$50M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $68M in 2023

Portfolio highlights

  • Erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
  • PinPay — Pin-Pay is an innovative mobile payment service offered at our Partner Banks which aims to bring our subscribers the most secure, reliable and intelligent payment experience.Using Pin-Pay, you can perform a number of different transactions directly from your mobile phone. Since all transactions are conducted live and under 20 seconds, you cansafely receive money straight to your account in no time.
  • 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.
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Saudi Venture Capital Company
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

SVC has backed 31 VC and PE Funds and 5 Angel Groups that supported 525 Startups and SMEs via $1.6 Billion AUM INVESTMENTS 1.

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Investment focus

  • Industry: E-Commerce, Software, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: Saudi Arabia, Germany, United States

Investor stats

  • Total investments: 36
  • Round size: Seed $300k–$10M; Series A $1.1M–$27M; Series B $5M–$124M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
  • Salasa — End-to-End eCommerce Logistics to Scale Your BusinessWe store, pack, and deliver your products to happy customers anywhere on Earth.
  • Stitch — The simplest way to build financial products. Stitch is the unified platform to launch and scale. Shaping the new age of banking and payments.
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Zain Ventures
VC Fund · Kuwait, Al Kuwayt, Kuwait · 1 investments in Saudi Arabia Machine Learning startups

Zain Ventures is a corporate venture capital arm of Zain Group.

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Investment focus

  • Industry: Software, Artificial Intelligence
  • Stage:Series A
  • Geography: Saudi Arabia, United States

Investor stats

  • Total investments: 4
  • Round size: Series A $20M–$40M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Swvl — Swvl | Book Your Daily Ride or Make Money Driving Now
  • Intelmatix — Intelligent Informatics Technologies Intelmatix is a deep tech AI company offering Enterprise AI that is accessible providing cutting-edge Decision Intelligence software that gives organizations a competitive advantage in the new AI era. LEARN MORE Capabilities Intelmatix develops technology platforms that integrate sector knowledge with expertise in data sensing, data processing, data analysis, data visualization and interaction.
  • Articul8 — The Domain-Specific GenAI Platform, Purpose-Built for Your Data and Mission
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Kenayah Co.
VC Fund · 1 investments in Saudi Arabia Machine Learning startups

Kenayah Co.

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Investment focus

  • Industry: Data Mining, Real Estate, Machine Learning
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Deal App — Deal App operates as an real estate app. Deal App designs an intricate digital solution by adopting the 'request-oriented business model', in which property seekers submit their requests through the app to receive appropriate offers directly from the active agents in the neighborhoods they are targeting.
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Rua Growth Fund
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

Re-Imagining The Future: 100+ years of experience in investments to lead the next wave of tech ventures in Saudi Arabia

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Investment focus

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

Investor stats

  • Total investments: 17
  • Round size: Seed $2.3M–$15M; Series A $6M–$22M; Series B $6M–$30M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • AILA — AILA is an innovative ed-tech startup dedicated to reshaping the landscape of education by harnessing the transformative power of artificial intelligence. Its mission is to create dynamic and personalized learning experiences that cater to the unique needs of each student. By integrating advanced AI technologies, we aim to enhance educationaloutcomes, foster engagement, and empower learners to reach their full potential. Through our solutions, we seek to bridge gaps in accessibility and provide educators with the tools they need to inspire and motivate the next generation
  • 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.
  • Helix Earth Technologies — Helix Earth Technologies revolutionizes liquid-gas chemistry to disrupt and decarbonize the built environment and heavy industries. With many incentives and tax credits available, the Helix products may cost $0 out-of-pocket making our devices an easy and obvious addition to rooftop HVAC systems.
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Orbit Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Saudi Arabia Machine Learning startups, 32 in the past 12 months

Orbit helps scale breakthrough startups from around the globe across emerging and frontier markets.

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Investment focus

  • Industry: E-Commerce, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: China, United States, India

Investor stats

  • Total investments: 577
  • Round size: Seed $100k–$2M; Pre-Seed $100k–$1M; Convertible Note $30k–$20M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • i4TECH — Modular, scalable, fully managed manufacturing digital solutions that enable your AI adoption. Moving Industry 4.0 forwards with a unified, comprehensive data driven approach
  • Qanary — Qanary is a digital second-opinion platform designed to help radiologists detect cancer at its earliest, most treatable stages.
  • openmed — OpenMed provides digital healthcare services, telemedicine, pharmacy products, diagnostics, and medication delivery.
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M Capital
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Saudi Arabia Machine Learning startups

M Capital provides consulting services to clients on personal finance problems.

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Investment focus

  • Industry: Machine Learning, Predictive Analytics, Artificial Intelligence
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Taawoni — Taawoni platform automates internship processes and offers AI-powered mentorship tools.
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The Olayan Group
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

The Olayan Group is a privately-owned global enterprise which invests across listed equities, private equity, debt, and real estate.

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Investment focus

  • Industry: SaaS, Software, Information Technology
  • Stage:Series A, Series E, Convertible Note
  • Geography: United States, United Arab Emirates, India

Investor stats

  • Total investments: 12
  • Round size: Series A $20M–$150M; Series E $58M–$330M; Convertible Note $50M–$181M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • CloudPay — CloudPay is a leading global payroll and payments provider delivering Global Pay solutions across 140+ countries and 110+ currencies. CloudPay's unified cloud platform combines global payroll processing, secure payroll payments, and pay on-demand capabilities into one end-to-end solution that helps organizations streamline international payroll operations. As the High-Performance Payroll People, CloudPay blends technology, automation, and local payroll expertise. We help multinational enterprises achieve consistent, compliant payroll outcomes while reducing complexity, enhancing data visibility, and simplifying global workforce cost management. CloudPay’s approach eliminates disjointed payroll systems by combining: - Multi-country payroll processing - Global payroll payments & cross-border transfer capabilities - Pay On-Demand solutions - Compliance management and statutory reporting support - Real-time reporting, analytics, and dashboards - Integrations with leading HRIS and HCM systems - Secure cloud-based infrastructure By unifying payroll and payments on one platform, CloudPay gives finance, HR, and global payroll leaders operational efficiency, compliance confidence, and complete visibility into their global payroll landscape.
  • Emerald AI — Emerald AI turns AI data centers into flexible grid assets, unlocking power capacity for AI while protecting grid reliability and energy affordability.
  • Intelmatix — Intelligent Informatics Technologies Intelmatix is a deep tech AI company offering Enterprise AI that is accessible providing cutting-edge Decision Intelligence software that gives organizations a competitive advantage in the new AI era. LEARN MORE Capabilities Intelmatix develops technology platforms that integrate sector knowledge with expertise in data sensing, data processing, data analysis, data visualization and interaction.
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Alsulaiman Group
VC Fund · 1 investments in Saudi Arabia Machine Learning startups

Alsulaiman Group is an investment management company.

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Investment focus

  • Industry: Logistics, Transportation, Supply Chain Management
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates

Investor stats

  • Total investments: 10
  • Round size: Seed $2.2M–$83M; Series A $8.6M–$18M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Salasa — End-to-End eCommerce Logistics to Scale Your BusinessWe store, pack, and deliver your products to happy customers anywhere on Earth.
  • Mustadem — Mustadem is a tech-enabled agribusiness in Saudi Arabia specializing in sustainable agricultural farming. It produces premium fruits, vegetables, and fish using hydroponics, aquaponics, and indoor aquaculture technologies. It also provides agricultural services, consultancy, and fresh food supply to restaurants and consumers. Mustadem is alsoinvolved in food value chains sustainability projects, such as insect feed and nanobubbles technologies. Insect feed produces animal feed from insects that can consume organic waste and reduce greenhouse gas emissions and land use. Nanobubbles are tiny bubbles of gas that can improve water quality and oxygen levels in aquaculture systems. These technologies can help Mustadem achieve its vision of transforming the food sector into a more sustainable and transparent industry.
  • SHIFT — Shift mission is to develop sustainable solutions and reshape the landscape in Saudi Arabia by offering a full suite of services.
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Embark Saudi
VC Fund · Riyad, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

Embark Saudi provides venture building services, supporting startup ideation, product validation, company formation, and business launch.

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Investment focus

  • Industry: Agentic AI, Generative AI, Machine Learning
  • Stage:Pre-Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Newera.ai — Saudi-built AI infrastructure. We own the full stack. Agents, models, and orchestration. Deployed in-Kingdom with no data egress.
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Global Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Saudi Arabia Machine Learning startups

We back global-minded, growth-stage and technology-focused founders in emerging markets and the world.

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Investment focus

  • Industry: Health Care, FinTech, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Egypt, United States

Investor stats

  • Total investments: 135
  • Round size: Seed $1.2M–$11M; Series A $3M–$27M; Series B $8M–$50M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $22M in 2023

Portfolio highlights

  • Paymob — Paymob runs millions of transactions for different business sizes across the Middle East and Africa. Start using Paymob&rsquo;s solutions and API&rsquo;s to accept and send payments for your online business now.
  • PoliCloud — PoliCloud is a cost-effective, sustainable, and independent cloud solution designed for people that desire complete control over their data.
  • Enhance Fitness — Enhance Fitness is a fitness and wellness company that provides personal training services through a mobile and web-based platform. The company connects users with certified trainers for one-on-one fitness sessions conducted at home, gyms, outdoor locations, or partner facilities. Its platform supports booking management, trainer matching, workouttracking, nutrition guidance, and progress monitoring. Enhance Fitness operates primarily in the Gulf region, including the UAE, Saudi Arabia, Bahrain, and Qatar, and also develops software tools for fitness businesses through its Enhance Tech platform..
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Wallan Group
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

Wallan Group provides quality products and services across diversified industries portfolio.

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Investment focus

  • Industry: Payments, Data Mining, Real Estate
  • Stage:Seed, Pre-Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • EdfaPay — Build the future of payments with EdfaPay's comprehensive payment infrastructure solutions. We empower businesses of all sizes to create, deploy, and scale
  • Deal App — Deal App operates as an real estate app. Deal App designs an intricate digital solution by adopting the 'request-oriented business model', in which property seekers submit their requests through the app to receive appropriate offers directly from the active agents in the neighborhoods they are targeting.
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Vision Ventures
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning 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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Nama Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

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

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Investment focus

  • Industry: E-Commerce, Information Technology, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Saudi Arabia, Egypt, United States

Investor stats

  • Total investments: 54
  • Round size: Seed $120k–$5.6M; Pre-Seed $100k–$2.4M; Series A $5.2M–$35M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • PIESHIP — Pieship is a logistics startup serving last mile and their customers using Ai and crowdsourcing.
  • Nodes — Nodes.inc is building the world’s first AI-native, full-stack hiring platform designed to automate and optimize the entire talent lifecycle — from candidate sourcing to predictive onboarding. Powered by multi-agent systems and self-learning AI, Nodes eliminates outdated ATS workflows, bloated HR stacks, and manual recruiting processes.Theplatform goes beyond incremental improvements: it creates rich persona-based candidate profiles, autonomously headhunts across the internet, engages with passive talent using hyper-personalized outreach, and continuously retrains itself based on hiring outcomes. With performance-based pricing and a modular architecture, Nodes enables enterprises to reduce hiring time from 120 days to under 14, slash early-stage attrition, and ensure every hire is a high-fit hire.Backed by top operators and used by Fortune 500 companies, Nodes.inc is redefining the infrastructure layer for the future of work.
  • 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.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Saudi Arabia Machine Learning startups

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 1119
  • Round size: Seed $1.2M–$8.8M; Pre-Seed $575k–$5M; Series A $5M–$30M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $2B in 2018

Portfolio highlights

  • Benford — Benford is a modern, licensed audit firm that provides technology-driven statutory audit services using its custom software, AuditOS.
  • Primo — A birdseye view of your IT.
  • sevDesk — Deutschlands beliebteste Buchhaltungssoftware: Rechnungen& Angebote erstellen, Buchhaltung erledigen, Kunden- &Lagerverwaltung u.v.m.
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Salem Balhmar Real Estate
VC Fund · 1 investments in Saudi Arabia Machine Learning startups

Salem Balhmar Real Estate

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Investment focus

  • Industry: Data Mining, Real Estate, Machine Learning
  • Stage:Seed
  • Geography: Saudi Arabia

Investor stats

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

Portfolio highlights

  • Deal App — Deal App operates as an real estate app. Deal App designs an intricate digital solution by adopting the 'request-oriented business model', in which property seekers submit their requests through the app to receive appropriate offers directly from the active agents in the neighborhoods they are targeting.
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LEAP
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Saudi Arabia Machine Learning startups

Discover what's next for technology, meet with the key change-makers and broaden your horizons. LEAP are back for the fourth year to bring together the global technology ecosystem.

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Investment focus

  • Industry: Artificial Intelligence, Agriculture, Biotechnology
  • Stage:Grant, Seed, Pre-Seed
  • Geography: United States, Nigeria, Hong Kong

Investor stats

  • Total investments: 8
  • Round size: Grant $10k–$250k
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Uvera — Long Lasting Fresh Food
  • Lahint Company — Lahint is a Saudi startup dedicated to enhancing and simplifying access to government and public services. launching a beta version in August 2024 and aim to fully automate more than 50 government services by 2026, making access more convenient and efficient for businesses.
  • Meinong Robotics Co. — Meinong Robotics Co. is an agricultural technology company that develops AI-powered farming robots and automation solutions.
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Machine Learning VC funding in Saudi Arabia at a glance

Stats across 62 deals from 83 investors.

83
investors
in Saudi Arabia Machine Learning startups
62
deals
in Saudi Arabia Machine Learning startups
$4.1M
median round
in Saudi Arabia Machine Learning startups
47%
lead investors
lead at least one round
32%
Seed
most common funding stage

Access all 83 VC funds in Saudi Arabia Machine Learning startups.

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