The Saudi Arabian venture capital (VC) landscape has undergone remarkable growth in recent years, with a diverse array of VC firms emerging to support the country's thriving startup ecosystem. These VC firms play a crucial role in fueling innovation, driving economic diversification, and nurturing entrepreneurial success stories. This overview examines the key details of the most active VC firms operating in Saudi Arabia, highlighting their strategic focus, investment portfolios, and experienced leadership teams that are guiding the country's entrepreneurial transformation.

Aramco Ventures

• 🏦 HQ: Dhahran, Saudi Arabia

• 👨‍💻👩‍💻 Leadership: Mahdi Aladel

• 🔢 Number of Investments: 50-100

• 💸 AUM: $7 billion

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Enervenue, Carbonclean, Seeq

Hala Ventures

• 🏦 HQ: Prince Turki Bin Abdulaziz Street, Khobar, Saudi Arabia

• 👨‍💻👩‍💻 Leadership: Ali Ahmed Abussaud, Hussain Almarhoon

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Tamara, Vuz, Torord

Impact46

• 🏦 HQ: Saudi Arabia

• 🎯 Target Sectors: Sector Agnostic

• 👨‍💻👩‍💻 Leadership: Abdulaziz Alomran

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Almatar, Floward, Nana, Jahez, Lendo, Tamara, Zid

Khwarizmi Ventures

• 🏦 HQ: Riyadh, Saudi Arabia

• 👨‍💻👩‍💻 Leadership: Yasser AlKadi, Abdulaziz Al-Turki,

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Tamara, Calo, Chari

Nama Ventures

• 🏦 HQ: Riyadh, Saudi Arabia

• 👨‍💻👩‍💻 Leadership: Mohammed Alzubi

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Tamara, Calo, Termii

Prosperity7 Ventures

• 🏦 HQ: Saudi Arabia

• 🎯 Target Sectors: Sector Agnostic

• 👨‍💻👩‍💻 Leadership: Aysar Tayeb

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Taulia, Rain Neuromorphics

Raed Ventures

• 🏦 HQ: Saudi Arabia

• 🎯 Target Sectors: FinTech, E-commerce, Logistics, EdTech, Digital Health, Enterprise Solutions, Entertainment, RetailTech, AI/ML

• 👨‍💻👩‍💻 Leadership: Omar Almajdouie, Saed Nashef, Talal Alasmari

• 🔢 Number of Investments: 50-100

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Tabby, Sary, Foodics, Salla, Lean, Bayzat

Sanabil Investments

• 🏦 HQ: Riyadh, Saudi Arabia

• 👨‍💻👩‍💻 Leadership: Abdullah Alabduljabbar

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Tamara, KnowBe4, Uniphore

Saudi Venture Capital Company

• 🏦 HQ: Riyadh, Saudi Arabia

• 👨‍💻👩‍💻 Leadership: Dr. Nabeel Koshak, Nora M. Alsarhan

• 🔢 Number of Investments: 10-50

• 💸 AUM: $2.2 billion

• 👜 Notable Portfolio companies: Tabby, Foodics, NearPay

Seedra Investments

• 🏦 HQ: Riyadh, Saudi Arabia

• 👨‍💻👩‍💻 Leadership: Haitham Al-Foraih, Abdullah Almunif

• 🔢 Number of Investments: 10-50

• 👜 Notable Portfolio companies: Tamara, Sabbar, Neon, Lendo, Zid

STV

• 🏦 HQ: Saudi Arabia

• 🎯 Target Sectors: Sector Agnostic

• 👨‍💻👩‍💻 Leadership: Abdulrahman Tarabzouni

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Careem, Tabby, Sary, Foodics, Noon, Unifonic, Nana, Salla

Vision Ventures

• 🏦 HQ: Riyadh, Saudi Arabia

• 👨‍💻👩‍💻 Leadership: Kais Al-Essa, Mohamed Al-Amad, Haitham Bu-Aisha

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Tamara, Trella, Rain

Waed Ventures

• 🏦 HQ: Saudi Arabia

• 🎯 Target Sectors: Sector Agnostic

• 👨‍💻👩‍💻 Leadership: Fahad Alidi

• 🔢 Number of Investments: 50-100

• 👜 Notable Portfolio companies: COFE, Pasqal, Rewaa, Zid, Manafa, Wahed

The robust VC ecosystem in Saudi Arabia is a testament to the country's unwavering commitment to nurturing its entrepreneurial talent and driving economic diversification. The VC firms profiled in this article are playing a pivotal role in this journey, providing the necessary funding, guidance, and support to help Saudi startups reach new heights. As the country continues to enhance its startup-friendly policies and infrastructure, the collaboration between these VC firms and the vibrant entrepreneurial community will undoubtedly pave the way for even greater success stories in the years to come.