# Islamic Development Bank

> Islamic Development Bank is a VC fund in Jeddah backing Health Care and AgTech. See 7 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Jeddah, Saudi Arabia
- Total investments: 7
- Last investment: Jun 2026
- Lead investor: 29%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/islamic-development-bank
- X (Twitter): https://www.twitter.com/isdb_group
- Website: http://www.isdb.org/irj/portal/anonymous
- Facebook: https://www.facebook.com/islamicdevelopmentbank

Islamic Development Bank is an international financial institution fostering the economic and social progress of Muslim communities.

## Contacts

5 contacts available for Islamic Development Bank. Shizune tracks 3 team members at Islamic Development Bank. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/islamic-development-bank?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Grant | $150k–$10M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 3 | 43% |
| AgTech | 2 | 29% |
| Energy | 1 | 14% |
| Medical | 1 | 14% |
| Women's | 1 | 14% |

24 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 4 | 57% |
| Seed | 1 | 14% |
| Funding Round | 1 | 14% |
| Debt Financing | 1 | 14% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 3 | 43% |
| Qatar | 1 | 14% |
| Turkey | 1 | 14% |
| Pakistan | 1 | 14% |
| Switzerland | 1 | 14% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ebrima Fatty | Product Lead, Core Applications, IDB Group | 0 | https://shizune.co/investors/profile/ebrima-fatty |
| Hilal Houssain | Senior System Development Specialist | 0 | https://shizune.co/investors/profile/hilal-houssain |
| Khaled Albboodi | CEO | 0 | https://shizune.co/investors/profile/khaled-albboodi |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Riwe | Riwe is building the operating system for climate resilience in Africa. We use AI, satellite data, and blockchain to power instant insurance, payments, and digital identity for farmers and rural businesses.Farmers get covered and paid in minutes — not weeks. Banks and insurers access verified risk data to expand safely into rural markets.Weoffer early warning systems and mobile-accessible, inclusive and affordable parametric climate insurance and climate insights to protect the income of farmers in Africa's underserved communities, ensuring their stability and profitability. Accessible from any mobile device, even without the internet via USSD and SMS, and pay for premium using mobile money |  | Grant | Jun 03, 2026 |  |
| SHEQONOMI | The mission of SHEQONOMI is to elevate women's voices to the forefront, which has the potential to alter the course of the entire world. | $150K | Grant | Apr 21, 2026 |  |
| Limak | Limak is an international company headquartered in Turkey operating across energy, tourism, food, construction, and infrastructure. | $2B | Debt Financing | Oct 06, 2025 |  |
| World Health Organization | WHO (World Health Organization) is an international organization that directs and coordinates authority for health within the United Nations System. It works with the United Nations, non-state actors, partners, and collaborating centers.The organization’s primary responsibilities include the provision of leadership on matters critical to healthand engaging in partnerships where joint action is needed; the shaping of research agenda and stimulating the generation, translation, and dissemination of knowledge; the setting of norms and standards, and promoting and monitoring their implementation; the articulation of ethical and evidence-based policy options; the provision of technical support, catalyzing change, and building sustainable institutional capacity; and the monitoring of the health situation and assessing health trends.WHO also publishes an annual research report that carries an assessment of global health, including statistics relating to all countries with a focus on a specific subject. The main purpose of the report is to provide countries, donor agencies, international organizations, and others with the information they need to make policy and funding decisions. The report is also offered to a wider audience ranging from universities, teaching hospitals, and schools to journalists and the public.The organization’s programs and projects include Accountability for Women’s and Children’s Health, Blood transfusion safety, African Programme for Onchocerciasis Control, Civil Society Initiative (CSI), Public Health and Environment, Prevention of Blindness and Visual Impairment, Polio Eradication Initiative, Tobacco Free Initiative (TFI), Human Genetics programme, Tuberculosis - Stop TB Partnership, Health Impact Assessment (HIA), United Nations Road Safety Collaboration, Global Campaign for Violence Prevention, NCDnet - Global Noncommunicable Disease Network, Global Task Force on Cholera Control, Prequalification of Medicines Programme, Initiative for Vaccine Research (IVR), and more.Employing over 7000 individuals, WHO’s workforce include medical doctors, public health specialists, scientists, and epidemiologists. WHO’s staff include people trained to manage administrative, financial, and information systems as well as experts in the fields of health statistics, economics, and emergency relief. | $10M | Grant | Nov 12, 2024 |  |
| Sehat Kahani | Sehat Kahani is a telemedicine-based platform in Pakistan focusing on connecting online doctors to patients using a chat, audio, and video consultation platform that enables quality and affordable consultations within 60 secs 24 hours a day, 7 days a week.Its service lines allow individual consumers, corporate employees, and patients inhard-to-reach areas to access doctors via a Mobile application and intermediary-assisted telemedicine facilitation centers. | $1M | Seed | Mar 15, 2021 |  |
| OmniVis | OmniVis is a leading biotechnology company that has developed an integrated platform to transform the speed, accuracy, and economics of pathogen detection, anywhere in the world. OmniVis’ ultrasensitive handheld device provides a low-cost solution to labor intensive lab testing, bringing accurate results directly to the source in under 30 minutes. | $3.3M | Grant | Jul 01, 2018 |  |
| Mango-Mate | Mango-Mate formerly MATE, is a global leader of Intelligent Video Solutions providing video encoding appliances and intelligent video analytics.Mango DSP products lead the Intelligent video encoding server market with Multi-channel (1, 2, 4, 8, 16 and 60),Rugged, Embedded, DSP-based, Video Analytic powered appliances as well as Mango’s VideoStabilization & All-in-One License Plate Recognition (LPR) solutions. Mango products are specifically designed for the Homeland Security, Utility, Transportation, Gaming, Retail and other Critical Infrastructure segments of the video surveillance market as well as an OEM provider to top-tier manufacturers and defense contractors. Mango's intelligent video server appliances are powered by our advanced patent IVS software. This utilizes complex video algorithms enabling a standard plug in to 3rd party systems (i.e. video stabilization, license plate recognition, video content analysis, video encoding and filters). | $6M |  | Feb 27, 2007 |  |

7 of 7 investments shown.

## Co-investors
- [10Pearls Ventures](https://shizune.co/investors/profile/10pearls-ventures) — VC Fund, 1 deal together
- [Akbank](https://shizune.co/investors/profile/akbank) — VC Fund, 1 deal together
- [Asian Infrastructure Investment Bank](https://shizune.co/investors/profile/asian-infrastructure-investment-bank) — VC Fund, 1 deal together
- [Deutsche Bank](https://shizune.co/investors/profile/deutsche-bank) — VC Fund, 1 deal together
- [Din Group](https://shizune.co/investors/profile/din-group) — VC Fund, 1 deal together
- [Meta](https://shizune.co/investors/profile/facebook) — VC Fund, 1 deal together

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## FAQ

### What does Islamic Development Bank invest in?

Islamic Development Bank invests primarily in Health Care, AgTech and Energy startups, most often at Grant and Seed stage. Most of the 7 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Islamic Development Bank's check size?

Islamic Development Bank typically joins rounds of $150k–$10M at Grant. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Islamic Development Bank participates in.

### How do I contact Islamic Development Bank?

Public channels for Islamic Development Bank include LinkedIn, X (Twitter) 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 Islamic Development Bank?

The team at Islamic Development Bank includes Ebrima Fatty (Product Lead, Core Applications, IDB Group), Hilal Houssain (Senior System Development Specialist) and Khaled Albboodi (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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