# AlTouq Group

> AlTouq Group is a VC fund in Riyadh backing Food and Beverage, Apps and Fitness. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Riyadh, Saudi Arabia
- Total investments: 5
- Last investment: Aug 2024
- Lead investor: 20%
- Last updated: Aug 2026
- Website: http://www.altouq.com

AlTouq Group is a Saudi Arabian Family Office established in the 1970s as an investment vehicle for the AlTouq family. It has grown into a sophisticated local and international investor with a global revenue-generating asset base.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $5M–$12M |
| Series A | $12M–$20M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Food and Beverage | 2 | 40% |
| Apps | 1 | 20% |
| Fitness | 1 | 20% |
| Wellness | 1 | 20% |
| Health Care | 1 | 20% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 60% |
| Series A | 2 | 40% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Arab Emirates | 2 | 40% |
| Pakistan | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Mealplanet | Mealplanet is an online marketplace for ordering and managing meal plans from various providers. | $6M | Seed | Aug 14, 2024 |  |
| MedznMore | MedznMore makes quality healthcare effortless, reliable, and affordable. MedznMore is a digital healthcare innovator, dedicated to improving access to healthcare by blending technology and innovation to solve problems associated with modern-day pharmacies. | $11.5M | Series A | May 20, 2022 |  |
| MedznMore | MedznMore makes quality healthcare effortless, reliable, and affordable. MedznMore is a digital healthcare innovator, dedicated to improving access to healthcare by blending technology and innovation to solve problems associated with modern-day pharmacies. | $11.5M | Seed | May 13, 2022 |  |
| iKcon | iKcon is a cloud kitchen and food technology company based in the UAE that develops and operates delivery-focused kitchen infrastructure for restaurant and food brands. The company supports businesses with kitchen operations, logistics integration, digital ordering systems, and market expansion services. Its platform is designed to help food brandslaunch or scale delivery operations without investing in traditional dine-in restaurant spaces. iKcon primarily works across the Middle East and North Africa region, serving both local and international restaurant partners. | $20M | Series A | Mar 28, 2021 |  |
| iKcon | iKcon is a cloud kitchen and food technology company based in the UAE that develops and operates delivery-focused kitchen infrastructure for restaurant and food brands. The company supports businesses with kitchen operations, logistics integration, digital ordering systems, and market expansion services. Its platform is designed to help food brandslaunch or scale delivery operations without investing in traditional dine-in restaurant spaces. iKcon primarily works across the Middle East and North Africa region, serving both local and international restaurant partners. | $5M | Seed | Aug 10, 2020 |  |

5 of 5 investments shown.

## Co-investors
- [ACE & Company](https://shizune.co/investors/profile/ace-and-company) — VC Fund, 2 deals together
- [Alta Semper Capital](https://shizune.co/investors/profile/alta-semper-capital) — VC Fund, 2 deals together
- [Atlas Financial Group](https://shizune.co/investors/profile/atlas-financial-group) — VC Fund, 2 deals together
- [Integra Partners](https://shizune.co/investors/profile/dymon-asia-ventures) — VC Fund, 2 deals together
- [Key Family Partners](https://shizune.co/investors/profile/key-family-partners) — VC Fund, 2 deals together
- [Nazer Group](https://shizune.co/investors/profile/nazer-group) — VC Fund, 2 deals together

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## Featured in investor lists
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- [Food and Beverage Investors in Middle East](https://shizune.co/investors/food-and-beverage-investors-middle-east)

## FAQ

### What does AlTouq Group invest in?

AlTouq Group invests primarily in Food and Beverage, Apps and Fitness startups, most often at Seed and Series A stage. Most of the 5 investments tracked by Shizune back companies in United Arab Emirates. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is AlTouq Group's check size?

AlTouq Group typically joins rounds of $5M–$12M at Seed and $12M–$20M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds AlTouq Group participates in.

### When did AlTouq Group last invest?

The most recent investment recorded for AlTouq Group closed in Aug 2024. Shizune tracks 5 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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