# Zain Ventures

> Zain Ventures is a VC fund in Kuwait backing Software and Artificial Intelligence. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Kuwait, Kuwait
- Total investments: 3
- Last investment: Jul 2024
- Lead investor: 0%
- Last updated: Aug 2026

Zain Ventures is a corporate venture capital arm of Zain Group.

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $20M–$40M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 67% |
| Artificial Intelligence | 2 | 67% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Saudi Arabia | 1 | 33% |
| United States | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Intelmatix | Intelmatix is a deep-tech AI company with a wide range of capabilities that address sector challenges by providing tailored solutions and unique products. | $20M | Series A | Jul 31, 2024 | https://intelmatix.ai/ |
| Articul8 | Articul8 operates as a Generative AI enterprise software company focused on helping organizations. | $40M | Series A | Jan 03, 2024 | https://www.articul8.ai/ |
| Swvl | Swvl offers an app that allows customers to book fixed-rate rides on buses and vans in their network. It allows people to share a ride in a van or bus during morning and evening commutes for a fixed flat fare with no surge pricing. Through an app, one can book a ride at an affordable rate. Launched in 2017, Swvl has its headquarters in Dubai,United Arab Emirates. | $111.5M | Post-IPO Equity | Feb 03, 2022 | https://swvl.com/ |

3 of 3 investments shown.

## Co-investors
- [DigitalBridge](https://shizune.co/investors/profile/digitalbridge-abbc) — VC Fund, 2 deals together
- [GiantLeap Capital](https://shizune.co/investors/profile/giantleap-capital) — VC Fund, 2 deals together
- [Agility](https://shizune.co/investors/profile/agility-3) — VC Fund, 1 deal together
- [Chimera Investment](https://shizune.co/investors/profile/chimera-investment) — VC Fund, 1 deal together
- [European Bank for Reconstruction and Development](https://shizune.co/investors/profile/european-bank-for-reconstruction-and-development-ebrd) — VC Fund, 1 deal together
- [Fin Capital](https://shizune.co/investors/profile/fin-venture-capital) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Accel](https://shizune.co/investors/profile/accel) — VC Fund
- [SV Angel](https://shizune.co/investors/profile/sv-angel) — VC Fund
- [Andreessen Horowitz](https://shizune.co/investors/profile/andreessen-horowitz) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

### Similar country
- [Oqal](https://shizune.co/investors/profile/oqal) — VC Fund
- [Wa’ed Ventures](https://shizune.co/investors/profile/waed-ventures) — VC Fund
- [Vision Ventures](https://shizune.co/investors/profile/vision-ventures-2) — VC Fund

## Featured in investor lists
- [Enterprise Software Investors in Saudi Arabia](https://shizune.co/investors/enterprise-software-investors-saudi-arabia)
- [Enterprise Software VC Funds in Saudi Arabia](https://shizune.co/investors/enterprise-software-vc-funds-saudi-arabia)
- [Machine Learning Investors in Saudi Arabia](https://shizune.co/investors/machine-learning-investors-saudi-arabia)
- [Machine Learning VC Funds in Saudi Arabia](https://shizune.co/investors/machine-learning-vc-funds-saudi-arabia)

## FAQ

### What does Zain Ventures invest in?

Zain Ventures invests primarily in Software and Artificial Intelligence startups, most often at Series A stage. Most of the 3 investments tracked by Shizune back companies in Saudi Arabia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Zain Ventures's check size?

Zain Ventures typically joins rounds of $20M–$40M 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 Zain Ventures participates in.

### When did Zain Ventures last invest?

The most recent investment recorded for Zain Ventures closed in Jul 2024. Shizune tracks 3 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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