Startup Funding in Saudi Arabia
Where to raise startup capital in Saudi Arabia: 15 curated VCs, accelerators, incubators, angel networks and government programs, including 2 halal/Sharia-aligned, plus 6 more listed under another region that also fund founders across the Middle East. Entries are compiled from public sources and link straight to the organization. Links were checked in September 2026. Confirm current terms with each funder before you apply. Free, no sign-up.
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Organizations based in Saudi Arabia
Wa'ed Ventures (Aramco)
VCBacked by Saudi Aramco; operates a $500M venture fund with reserved capital for AI deals.
Sanabil Investments
VCCommits roughly $3B per year to private investments; wholly owned by PIF.
STV
VCPortfolio includes Tabby, Foodics, Careem and Salla; launched a $100M AI Fund backed by Google.
Raed Ventures
VCPortfolio includes Tabby, Salla, Lean and Mozn.
Saudi Venture Capital (SVC)
Government/Economic DevHas invested in 65+ private capital funds that collectively backed 1,000+ startups and SMEs.
Impact46
VCPortfolio includes Jahez, Tamara and Syarah; reported deploying over SAR 650M across 51+ companies.
Monsha'at (SME General Authority)
Government/Economic DevOversees a network of 178+ licensed incubators and accelerators across the Kingdom.
Manafa
Crowdfunding PlatformLicensed by the Saudi Central Bank (SAMA); all solutions certified Sharia-compliant by its Sharia Committee.
Lendo
Crowdfunding PlatformSAMA-licensed; all operations comply with Islamic Sharia; reports 11,000+ financings totaling over SAR 5B.
Flat6Labs Riyadh Seed Program
AcceleratorRequires founders to reside in Saudi Arabia and commit full time for the four months, so it is not a remote or part-time programme.
TAQADAM (KAUST)
AcceleratorThe grant is non-dilutive. States 290 startups supported since 2016, $459M raised between them and 4,600+ jobs created.
Misk Foundation
AcceleratorThe accelerator is zero equity: it takes no stake. Reported to have supported 100 startups with SAR 200M in investment funds.
OQAL Angel Investors Network
Angel NetworkStructured as a waqf foundation, unusual for an angel network. States over SAR 1 billion invested; portfolio includes Careem and HungerStation.
Riyadh Angel Investors (RAI)
Angel NetworkStates 50+ members drawn from leading Saudi corporations. Wants an MVP already built, so it is not an idea-stage route.
Nama Ventures
VCLicensed by the Saudi Capital Market Authority (24293-02). Reported founded 2018 with 55 investments.
Also funding the Middle East
These organizations are listed under another region in this directory but run programs, funds or offices that back founders across the Middle East.
- 212 VC, based in 🇹🇷 Turkey
- SABAH.HUB Accelerator, based in 🇦🇿 Azerbaijan
- Ethis Crowdfunding Platform, based in 🇲🇾 Malaysia
- Golden Gate Ventures VC, based in 🇸🇬 Singapore
- 212Founders Accelerator, based in 🇲🇦 Morocco
- 216 Capital VC, based in 🇹🇳 Tunisia
Full profiles: funders listed under another region that back the Middle East
Nearby countries and region
Or browse and filter every organization in the full global funding directory.