We invest in seed and early-stage startups in Saudi Arabia and MENA.
Location: Saudi Arabia, Eastern Region, Dammam
Employees: 1-10
Founded date: 2015
Investment Type: Venture Capital
Investment Stage: Pre-Seed; Seed; Series A
Portfolio 1
| Date | Name | Website | Total Raised | Location |
| 08.02.2023 | palm.hr | palmhr.net | $5M | Saudi Arab... |
Mentions in press and media 20
| Date | Title | Description |
| 09.08.2025 | Saudi AI startup Deep.SA secures $1.2 M Pre-seed funding | Deep.SA, a Saudi-based artificial intelligence startup, has successfully raised $1.2 million (SAR 4.5 million) in a pre-seed funding round. The investment was led by Tam Development and Raed Ventures, with participation from other investors... |
| 04.08.2025 | Saudi Arabia Leads MENA Startup Funding in First Half of 2025, Securing US$1.34 Billion | Saudi Arabia emerged as the most funded startup market in the Middle East and North Africa (MENA) during the first half of 2025, securing US$1.34 billion about 64 percent of the region’s total startup capital — according to data from MAGNiT... |
| 01.08.2025 | Stake in Foodics acquired by Kamco Invest | Kamco Invest, a leading regional non-banking financial powerhouse, has announced that its private equity division has acquired a stake in Foodics, one of the MENA region’s fastest-growing cloud-based restaurant technology and payments platf... |
| 22.07.2025 | Qlub Raises $30M in Funding | Qlub, a Dubai, UAE-based fintech company offering a payment system in restaurants, raised $30M in funding. The round was led by Shorooq, and Cherry Ventures, with participation from strategic partners including e&, Mubadala Investments,... |
| 08.07.2025 | Octane, an Egyptian logistics and mobility startup, raises $5.2 million in seed funding | Egyptian logistics and mobility startup Octane has announced a successful $5.2 million seed funding round aimed at transforming how fleet operators manage fuel payments across the Middle East and North Africa (MENA) region. The round was le... |
| 15.06.2025 | Sylndr, an Egyptian Online Car Retailer, has secured US $15.7 million in a Series A equity funding round | Sylndr, Egypt’s leading online used-car platform, has secured US $15.7 million in a Series A equity funding round, led by Development Partners International’s (DPI) Nclude Fund, with participation from Algebra Ventures, Nuwa Capital, Raed V... |
| 17.02.2025 | Top social e-commerce platform Taager raised $6.75 M Pre-series B funding | The $6.75 million pre-Series B funding round for Taager, the top social e-commerce platform in the MENA region, was completed. Norrsken22, an Africa-focused tech growth fund, led the round.The company will be able to support its expansion i... |
| 12.02.2025 | Taager's $6.75M Funding: A Catalyst for MENA's E-Commerce Revolution | In the heart of the Middle East, a digital storm is brewing. Taager, a social e-commerce platform based in Riyadh, Saudi Arabia, has just secured $6.75 million in Pre-Series B funding. This investment is not just a financial boost; it’s a l... |
| 12.02.2025 | Taager Raises $6.75m Pre-Series B Round to Fuel Growth in MENA | Share this: Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to email a link to a friend (Op... |
| 18.12.2024 | "We Got Funded!" UAE-Based Wafeq Raises a US$7.5 Million Series A Funding Round to Offer its Digitized Accounting Tools to MENA SMEs Wafeq offers a cloud-based platform that automates manual... | Wafeq, a UAE-based platform that digitizes business accounting and finance practices particularly for small and medium enterprises (SMEs), has raised US$7.5 million in a Series A round led by 9900 Capital, a UK-headquartered venture capital... |
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