Saudi Arabia: venture funds and startups
Geography hub · Middle East & Africa
◆ Funds tracked
11
◆ Combined AUM
$137.5B
◆ Startups tracked
32
◆ Raised between them
$156M
◆ Overview
Fusion42 tracks 11 venture funds in Saudi Arabia with $137.5B in combined assets under management, and 32 startups that have raised $156M between them. The data below is live from the same database that powers Raise and Scout, and is continuously enriched as new rounds and funds are announced.
Part of the Raise fund database and the Scout startup database by Fusion42 — the same live data Arthur reasons over.
◆ Highlights
Active funds in Saudi Arabia include $100 million fund in partnership with Future Play, Growth Catalyst Fund I, Innovative Startups and SMEs Fund, Sidra Ventures Fund II and SEEDRA Ventures Fund II; startups in Saudi Arabia include Ghanem, Autobia, Project Suppliers, Amaani and erad. Each name links through to a full machine-readable profile — its backers, rounds and related Wire analysis — and the tables below list every entity Fusion42 tracks in Saudi Arabia, refreshed as new rounds and funds are announced.
◆ Funds in Saudi Arabia (11 tracked)
| Fund | Type | HQ |
|---|---|---|
| $100 million fund in partnership with Future Play | vc | Saudi Arabia |
| Growth Catalyst Fund I | vc | Saudi Arabia |
| Innovative Startups and SMEs Fund | vc | Jordan |
| Sidra Ventures Fund II | vc | Saudi Arabia |
| SEEDRA Ventures Fund II | vc | Saudi Arabia |
| RAED Ventures | vc | Saudi Arabia |
| tali ventures | corporate vc | Saudi Arabia |
| Beltone Venture Capital | vc | Egypt |
| Khwarizmi Venture Capital Fund 2 | vc | Saudi Arabia |
| Riyadh Valley Company | vc | Saudi Arabia |
| SparkLabs KSU Fund I | vc | Saudi Arabia |
◆ Startups in Saudi Arabia (32 tracked)
| Startup | Stage | HQ | Raised |
|---|---|---|---|
| Ghanem | pre-seed | Saudi Arabia | $1.5M |
| Autobia | series-a | Saudi Arabia | $12M |
| Project Suppliers | pre-seed | Saudi Arabia | $1M |
| Amaani | series-a | UAE | $5M |
| erad | series-a | Saudi Arabia | $22M |
| TalMal | pre-seed | Saudi Arabia | — |
| Gaia | pre-seed | Saudi Arabia | $1.5M |
| Doushesh | seed | Syria | $0.5M |
| Sav | seed | UAE | $3.5M |
| Nayla | series-a | Saudi Arabia | $17.9M |
| Rwaj | pre-seed | Saudi Arabia | $1.2M |
| Abwab.ai | seed | Saudi Arabia | $4M |
| Rabeh | — | Saudi Arabia | $8.5M |
| Sirdab | series-a | Saudi Arabia | $10M |
| Takahouse | — | Saudi Arabia | $1.5M |
| 3C Coding School | seed | Egypt | $3M |
| Remedium Network | pre-seed | Saudi Arabia | $1.5M |
| Swvl Holdings Corp | — | UAE | $14.5M |
| Rime | seed | Saudi Arabia | $2M |
| Raff | pre-seed | Saudi Arabia | $1.7M |
| XSquare | pre-seed | UAE | — |
| AILA | seed | Saudi Arabia | $3M |
| Arab Therapy | seed | Germany | $2M |
| Floaty Studio | — | Saudi Arabia | — |
| Think | pre-seed | Saudi Arabia | $8M |
◆ Recent Wire analysis
- Saudi Arabia can turn efficiency into an energy advantage16 Oct 2026
- SDAIA Consults on Extensive Amendments to the Saudi PDPL Implementing Regulation16 Oct 2026
- Humain tenders 100MW Riyadh AI data centre16 Oct 2026
- Why Saudi Arabia's Billion-Dollar Air Defenses Still Let Houthi Weapons Through16 Oct 2026
- Saudi Arabia plans new development phase for giant gas project16 Oct 2026
- The supply chains and gaps in export controls that make it easier for the Houthis to build missiles15 Oct 2026
- EU and Gulf States Expected to Postpone Saudi Summit Over Attacks15 Oct 2026
- Saudi diplomat says Iran encourages Houthi escalation of attacks on the kingdom15 Oct 2026
- Houthi Attacks on Saudi Arabia Defy Difference in Military Power15 Oct 2026
- ZAWYA: Desert Tech, EnerVenue to launch 215 kWh energy storage pilot in Saudi Arabia15 Oct 2026