# Top 15 Sports Startup Investors in Saudi Arabia in June 2026

## Saudi Aramco Entrepreneurship Ventures
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Information Technology, Software, Apps

Wa’ed Ventures is the venture capital arm of Saudi Aramco Entrepreneurship Center (Wa’ed), established by Saudi Aramco with the vision of igniting the spirit of entrepreneurship in the Kingdom of Saudi Arabia. Wa’ed has deployed a suite of programs over the years to assist entrepreneurs in establishing, enhancing, or expanding their ventures. Theseprograms comprise development and financial support including business incubation, coaching and training to guide and nurture entrepreneurs along different business stages, seed funding, non-collateral loans, venture capital (equity/debt) investment, and business development. These programs support the development of small- and medium-sized enterprises (SMEs) capable of localizing industries and diversifying the Kingdom’s economy. Wa’ed also collaborates and engages with key players in order to create an effective entrepreneurship ecosystem.Wa’ed aspires to provide leadership in promoting entrepreneurship to support economic growth, diversification, and social development in Saudi Arabia, in alignment with the Kingdom’s strategic thrust into moving towards a knowledge-based economy. The organization aims to turn innovative ideas into successful projects, create and support sustainable SMEs, and develop entrepreneurs into successful business owners.Wa’ed Ventures aims to fuel the growth of high potential companies, thereby promoting economic development in Saudi Arabia with job creation for Saudi nationals, technological improvement, knowledge transfer, economic diversification, and economic growth within the Kingdom. The firm focuses on seed, early, and growth-stage businesses across a diverse range of sectors including information and communication technology (ICT), energy, manufacturing, healthcare, and services – from mobile application platforms and technologies to industrial equipment manufacturing to advanced software solutions.

## Wa’ed Ventures
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Wa’ed Ventures is a $500 million venture capital fund with the aim to accelerate the development of an integrated startup ecosystem by investing in local tech-based startups and incentivizing global entrepreneurs to localize their tech innovations in the Kingdom.

## Oqal
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: E-Commerce, Software, Information Technology

Oqal Group was formed as an endowment group by a group of young businessmen to be a platform that brings together angel investors and emerging entrepreneurs to form partnerships of economic feasibility that raise the welfare of society and enhance the quality of life. It enables the founders of entrepreneurial startups to develop innovative andfast-growing startups in a variety of sectors by providing access to smart capital and experienced angel investors.

## Raz Group
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: Events, Advertising, Media and Entertainment

Raz Group empowers entrepreneurs and helps them transform their passions into value-adding companies.

## Saudi Aramco
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Energy, Oil and Gas, Predictive Analytics

At Aramco, our behavior is what defines us - as a company, as employees, as people. Everything we do is anchored by our corporate values: citizenship, safety, accountability, excellence and integrity.

## Dual Gate Investment Holding
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: B2C, SaaS, Beauty

Dual Gate Investment Holding

## Business Innovation Mine (BIM)
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Apps, Financial Services, SaaS

We build successful and sustainable enterprises from the ground up by capitalizing on our expertise, resources and network.We carefully select, validate and launch bold ideas that are then turned into full-fledged spun-off businesses. While every successful venture is different, there is one thing, that connects all of them – right timing.Timeis the key and the most important resource for every enterprise. That’s why we designed our own venture building process that allows fast delivery. We use our own expertise and vast network of resources to create business plans, develop the products, launch them on the market, and grow them. - Generate our own VenturesWe build startups that solve problems through an inhouse continuous, dynamic and selective ideation process. We secure financing to make sure our ventures can grow without barriers.- Build Ventures With PartnersWith our robust ecosystem we partner up with external entrepreneurs and other companies that have amazing ideas we can help them develop into successful and sustainable businesses.

## Areen Holding Group
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Convertible Note
- Focus: Sports, Casual Games

Areen Holding Group consists of several companies operate in different sectors, from industrial, health, and energy to retail and realestate sectors.

## Nour Nouf Ventures
- Type: VC Fund
- Location: Jeddah, Makkah, Saudi Arabia
- Relevant deals: 1
- Stages: Seed, Convertible Note
- Focus: Information Technology, Financial Services, Health Care

We inspire to build societies where knowledge empowers every individual to realize their full potential to contribute to the greater good and to be responsible for future generations. 
Investment in startup business, Community Services, Shared Offices.

## Harmonix Ventures
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed
- Focus: Fitness, Wellness, Virtual Reality

Harmonix Ventures identifies, builds, and scales ventures in tourism, hospitality, and quality of life sectors. It combines capital with expertise to support startups in real estate management, travel logistics, and wellness technologies. The firm invests in science-driven companies at the intersection of healthcare, life sciences, and deep tech.

## Techstars Accelerator
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: B2C, SaaS, Hotel

Techstars Accelerator

## 100 Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: B2C, SaaS, Beauty

100 Ventures is an investment firm and its invests in pre-seed and seed startups companies.

## Lucrative Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: B2C, SaaS, Beauty

Lucrative Ventures operates as an Investment Firm.

## Rashed Abdul Rahman AlRashed & Sons
- Type: VC Fund
- Location: Khobar, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 1
- Stages: Series B, Convertible Note
- Focus: Sports, Analytics, Social CRM

Rashed Abdul Rahman AlRashed & Sons operates in several business areas namely building materials, cement and bulk materials, finishing materials, contracting,  industrial products, automotive products, and food products. Large scale investments are made in developing land and property through ther real estate sector and many businesspartnerships are initiated with global companies via their Investment sector.

## Ithraa Capital
- Type: VC Fund
- Location: Riyadh, Ar Riyad, Saudi Arabia
- Relevant deals: 1
- Stages: Seed
- Focus: B2C, SaaS, Beauty

Ithraa Capital is a company that specializes in Investment services.

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