Top 10 Manufacturing VC Funds &amp; Investors in Saudi Arabia (September 2026)

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.

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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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.

Investment focus

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

Investor stats

Total investments: 357
Round size: Seed $15k–$1.2M; Pre-Seed $49k–$600k
Lead/follow: 45% lead, 55% follow
Last fund: Likely still investing — raised $95M in 2023

Portfolio highlights

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

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Business Investments, Import & Export

Investment focus

Industry: SaaS, Retail, FinTech
Stage:Pre-Seed
Geography: Lebanon, Saudi Arabia, United Kingdom

Investor stats

Total investments: 11
Round size: Pre-Seed $100k–$400k
Lead/follow: 100% lead, 0% follow

Portfolio highlights

AlgoTraders — Launch systematic strategies without building the whole quant infrastructure team: data, backtesting, execution, reporting, compliance and agentic-AI workflows. On our cloud or yours. Winner, Hedgeweek European Awards 2026.
Golden Fist — Popcorn Machines Saudi Arabia Popcorn Warmers Cinema Concessions Saudi Arabia Party Supplies Saudi Arabia Nacho Machines Saudi Arabia Fresh Corn Slush Machines Icetro Sno biz
Central Limit Technologies — Professional investment strategies often require many years of work and significant financial investments in buying and managing financial data, maintaining old systems, and handling various technical challenges. Our technology takes care of all these aspects, allowing you to concentrate on creating robust and diversified portfolios.

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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.

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: 125
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

Terraxy — Terraxy is a startup company building permanent fertile soils to enable greening and agriculture in the desert.
THINK-AI — The Think AI Fabric: AI Node, ILM, and Constellation bonded into one supercompute platform, built for radical efficiency. Nothing sits idle.
Stake — Thousands investors worldwide use Stake to access income-generating real estate deals in high-growth markets, starting from just USD 136

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

Investment focus

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

Investor stats

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

Portfolio highlights

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

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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.

Investment focus

Industry: Apps, Financial Services, FinTech
Stage:Seed, Pre-Seed
Geography: Saudi Arabia, Singapore, United Arab Emirates

Investor stats

Total investments: 15
Round size: Seed $850k–$7.5M; Pre-Seed $1.3M–$1.6M
Lead/follow: 33% lead, 67% follow
Last fund: Likely still investing — raised $100M in 2024

Portfolio highlights

Darent — Vacation Rentals, Cabins, Beach Houses, Unique Homes & Experiences
Muhlah — Muhlah is a Saudi fintech company.The company provides microfinancing focused on credit discipline, transparency, compliance, and financial inclusion across Saudi Arabia. Its products emphasize responsible lending with sustainable repayment terms, targeting underserved segments without physical branches.
iStoria — iStoria, a specialized EdTech app that helps people improve their English language through reading interesting stories

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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.

Investment focus

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

Investor stats

Total investments: 139
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 — Cloud outage insurance, built for cloud-first businesses.

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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.

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 — The first and only petroleum company to provide you with a full-range of EURO 5 fuels.
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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Keheilan Asset Management offers tailored investment solutions across Mutual Funds, Venture Capital, Venture Capital Builders, and Private Equity.

Investment focus

Industry: AgTech, Big Data, Industrial
Stage:Pre-Seed, Seed
Geography: Egypt, Saudi Arabia

Investor stats

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

Portfolio highlights

WideBot AI — WideBot is the first bot builder platform in the MENA region. We allow anyone to build his own intelligent chatbot without any coding or technical experience in just 10 minutes.
Fruitful Solutions — Fruitful solutions brings resilience to fresh food processing through its cutting edge quality assessment powered by AI tools to build transparency in the food value chain, minimize global food losses and maintain food security.
Rimal Semiconductors — Rimal Semiconductors is Saudi Arabia’s first fabless semiconductor design company specializing in high-performance power chips for energy, mobility, and industrial applications.Rimal is committed to advancing national capabilities in chip development by combining global engineering expertise with a deep investment in local talent. Our designefforts are rooted in the Kingdom, driven by Saudi-designed and Saudi-owned IP, and aligned with the region’s strategic industrial priorities.Through hands-on training, technical partnerships, and knowledge transfer, Rimal is cultivating a new generation of Saudi chip designers while delivering world-class semiconductor solutions tailored to both local and global needs.

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