Business Incubators and Accelerators Company(BIAC Incubators)
VC Fund
Riyadh, Saudi Arabia
Business Incubators and Accelerators Company(BIAC Incubators) is a VC fund in Riyadh focused on Retail and FinTech. The Business Incubators and accelerators company “BIAC” focuses on setup, operation, maintenance and management of business incubators and accelerators as well as entrepreneurship support platforms, innovation programs and technology transfer. BIAC provides project management services, specialized consultations and training services to enhancehuman resource capabilities.BIAC seeks to contribute to the growth and development of the innovation and entrepreneurship environment and to support emerging technology companies, in line with the vision of the Kingdom 2030 and its objectives which include supporting entrepreneurship and small and medium enterprises and increasing their contribution to GDP.
- Total investments:
- 4
- Last investment:
- Lead investor:
- 50%
Last updated:
For AI agents: llms.txt
Industries Business Incubators and Accelerators Company(BIAC Incubators) invests in
Stages Business Incubators and Accelerators Company(BIAC Incubators) invests in
Countries Business Incubators and Accelerators Company(BIAC Incubators) invests in
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Nawaf Al Sahhaf
|
|||
Investment Focus
Industry
- Retail 1 (25%)
- FinTech 1 (25%)
- Internet 1 (25%)
- Analytics 1 (25%)
- Gift Card 1 (25%)
Stage
- Series A 2 (50%)
- Seed 1 (25%)
- Series B 1 (25%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
|
Nawaf Al Sahhaf
CEO
|
CEO | Total investments: 3 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
Saee
|
Saee Jeddah-based last-mile delivery startup. | $2.4M / Series A / Jan 26, 2020 | |
DokkanAfkar
|
DokkanAfkar.com was created by a group of passionate guys who love and appreciate creativity, design and ideas. It was created to enable customers to buy cool unique products with ideas that are fun, unusual and unique. Our products have a focus on fun, uniqueness, defiantly clever, and entertaining products. | $5M / Series B / Dec 10, 2019 | |
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 | $800K / Seed / May 16, 2019 | |
Lucidya
|
Lucidya is an Enterprise B2B SaaS company that was founded in 2016 with a headquarter in Riyadh, Saudi Arabia. In a few years, the company managed to scale its customers base from Saudi to more than 6 countries including leading brands in different industries like Telecoms, BFSI, Automotive, FMCG, Retail, and othersThanks to its unique andproprietary AI & Arabic NLP technologies, Lucidya provides the most accurate analysis of interactions in the Arabic language making Lucidya the #1 tool in its category by users rating in MENA | $1.3M / Series A / Jan 16, 2019 |
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FAQ
What does Business Incubators and Accelerators Company(BIAC Incubators) invest in?
Business Incubators and Accelerators Company(BIAC Incubators) invests primarily in Retail, FinTech and Internet startups, most often at Series A and Seed stage. Most of the 4 investments tracked by Shizune back companies in Saudi Arabia. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact Business Incubators and Accelerators Company(BIAC Incubators)?
Public channels for Business Incubators and Accelerators Company(BIAC Incubators) include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Business Incubators and Accelerators Company(BIAC Incubators)?
The team at Business Incubators and Accelerators Company(BIAC Incubators) includes Nawaf Al Sahhaf (CEO). The Team section lists each member with their title, investment count and links.
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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