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Saudi Arabia: venture funds and startups

Geography hub · Middle East & Africa

10 funds17 startups$141.2B AUM

◆ Funds tracked

10

◆ Combined AUM

$141.2B

◆ Startups tracked

17

◆ Raised between them

$63.8M

◆ Overview

Fusion42 tracks 10 venture funds in Saudi Arabia with $141.2B in combined assets under management, and 17 startups that have raised $63.8M 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 Growth Catalyst Fund I, Innovative Startups and SMEs Fund, Sidra Ventures Fund II, SEEDRA Ventures Fund II and RAED Ventures; startups in Saudi Arabia include Remedium, Remedium Network, Swvl Holdings Corp, Rime and Raff. 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 (10 tracked)

FundTypeHQ
Growth Catalyst Fund IvcSaudi Arabia
Innovative Startups and SMEs FundvcJordan
Sidra Ventures Fund IIvcSaudi Arabia
SEEDRA Ventures Fund IIvcSaudi Arabia
RAED VenturesvcSaudi Arabia
tali venturescorporate vcSaudi Arabia
Beltone Venture CapitalvcEgypt
Khwarizmi Venture Capital Fund 2vcSaudi Arabia
Riyadh Valley CompanyvcSaudi Arabia
SparkLabs KSU Fund IvcSaudi Arabia

◆ Startups in Saudi Arabia (17 tracked)

StartupStageHQRaised
Remediumpre-seedSaudi Arabia$1.5M
Remedium Networkpre-seedSaudi Arabia$1.5M
Swvl Holdings Corp—UAE$14.5M
RimeseedSaudi Arabia$2M
Raffpre-seedSaudi Arabia$1.7M
XSquarepre-seedUAE—
XSquarepre-seedUAE—
AILAseedSaudi Arabia$3M
Arab TherapyseedGermany$2M
Floaty Studio—Saudi Arabia—
Thinkpre-seedSaudi Arabia$8M
UveraseedSaudi Arabia—
RevoraseedBangladesh$2M
Stitchseries-aSaudi Arabia$25M
WildyNesspre-seedTunisia—
Gabsterpre-seedSaudi Arabia$0.5M
Newera.aipre-seedSaudi Arabia$2.1M

◆ Recent Wire analysis