# The Space

> The Space is a VC fund in Jeddah backing Apps and Coworking. See 2 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Jeddah, Saudi Arabia
- Total investments: 2
- Last investment: Dec 2022
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/the-space-business-hub
- X (Twitter): http://twitter.com/TheSpaceJED
- Website: http://www.thespace.io/
- Facebook: http://www.facebook.com/TheSpacejed

The Space is a co-working space and soft touch incubator. What is a soft-touch incubator? It’s their own take on how they believe new and experienced entrepreneurs can develop their business ideas to create workable business plans and solid prototypes. Unlike normal accelerators and incubators, their members do not go through anintensive course. Instead, they offer workshops that you may or may not choose to attend, but more importantly, they offer the community, the resources, and the support that will help you in developing your business.

## Contacts

5 contacts available for The Space. Shizune tracks 1 team members at The Space. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/the-space?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Apps | 1 | 50% |
| Coworking | 1 | 50% |
| Hospitality | 1 | 50% |
| Real Estate | 1 | 50% |
| Commercial Real Estate | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Omar Al-Shabaan | CEO and Co-Founder | 1 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Letswork | Letswork is a Dubai-based startup founded in 2018 that provides an on-demand marketplace for workspaces. Through its mobile app and membership plans, users can work from a large network of partner locations including coworking spaces, cafés, and hotels without long-term office leases.The platform connects professionals to hundreds of workspacesacross multiple cities and countries, enabling them to book desks, meeting rooms, private offices, and creative studios whenever needed. It is designed to support remote work and digital nomads by offering flexible plans and instant check-in through the app. | $2.1M | Seed | Dec 01, 2022 |  |
| Letswork | Letswork is a Dubai-based startup founded in 2018 that provides an on-demand marketplace for workspaces. Through its mobile app and membership plans, users can work from a large network of partner locations including coworking spaces, cafés, and hotels without long-term office leases.The platform connects professionals to hundreds of workspacesacross multiple cities and countries, enabling them to book desks, meeting rooms, private offices, and creative studios whenever needed. It is designed to support remote work and digital nomads by offering flexible plans and instant check-in through the app. | $2.1M | Seed | Dec 01, 2022 |  |

2 of 2 investments shown.

## Co-investors
- [500 Global](https://shizune.co/investors/profile/500-startups) — VC Fund, 2 deals together
- [Dtec Ventures](https://shizune.co/investors/profile/dtec-ventures) — VC Fund, 2 deals together
- [Oqal](https://shizune.co/investors/profile/oqal) — VC Fund, 2 deals together
- [Oraseya Capital](https://shizune.co/investors/profile/oraseya-capital) — VC Fund, 2 deals together
- [Raz Group](https://shizune.co/investors/profile/raz-group) — VC Fund, 2 deals together
- [Saudi Angel Investors](https://shizune.co/investors/profile/saudi-angel-investors) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does The Space invest in?

The Space invests primarily in Apps, Coworking and Hospitality startups, most often at Seed stage. Most of the 2 investments tracked by Shizune back companies in United Arab Emirates. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact The Space?

Public channels for The Space 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 The Space?

The team at The Space includes Omar Al-Shabaan (CEO and Co-Founder). 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co