Funding

Oman-based Phaze Ventures announced two AI and deep-tech funds targeting over USD 75 million combined, including a fund for Omani AI-enabled businesses. Investor in Arabic.AI.

Saudi fund dedicated to AI and emerging tech; backs Arabic voice-agent startup Sawt and others.

AI-focused venture capital firm connecting founders with strategic capital, partnerships and computing resources, including Arabian Gulf networks.

An AI investment fund backs Saudi accelerator participants and other AI startups worldwide.

A $180 million technology investment fund launched by ADQ and Oman Investment Authority, represented by ITHCA Group, focused on Oman and wider MENA.

Saudi technology investor backing early-stage companies, with Arabic AI company Lucidya among its portfolio businesses.

Qatar Investment Authority’s USD 3 billion Fund of Funds backs venture capital managers to strengthen Qatar’s startup ecosystem, prioritising technology and healthcare.

Equity-investment programme powered by Qatar Development Bank, not QIA. START offers up to US$1.1 million and GROW up to US$5.5 million, disbursed against agreed milestones; maxima are not guaranteed and no fixed equity percentage was confirmed.

Dubai-based venture capital investor backing startups with ties to the UAE, from pre-seed through Series B.

KAUST venture investment fund supports deep-tech startups, including AI companies, operating in or expanding to Saudi Arabia.

Aramco Ventures’ growth fund for deep tech and AI.

Saudi venture capital firm and venture builder supporting early-stage technology companies across the region.

Bahraini investment entity associated with Hope Fund, investing in businesses and supporting portfolio companies. Not a standalone accelerator; no standard ticket size or equity percentage was confirmed.

Abu Dhabi-based investment firm using AI in its investment approach; reported co-lead investor, with M Empire, in Tactful AI’s pre-Series A round.

Early-stage venture capital firm backing technology and tech-enabled startups across MENA, with reported investments in Governata and Yozo.ai.

Egypt-based venture capital firm backing early-stage fintech, AI and technology-enabled businesses in MENA and Africa.

Saudi VC firm with AI companies in its portfolio.

Federal innovation initiative with a government-backed credit Guarantee Scheme and a separate Accelerator. The accelerator is no-cost and takes no equity, but is not a cash grant; loan amounts and terms depend on the guarantee arrangement.

Saudi investment firm now known as HALA Capital, formerly HALA Ventures. Its portfolio includes Intella, a company developing Arabic speech intelligence.

Abu Dhabi VC with several MENA AI deals; a partner of the Presight AI accelerator.

Riyadh early-stage VC with AI investments.

Dubai-based venture capital firm with a $60 million Fund III backing AI-native startups.

Aramco’s venture arm; led Lucidya’s $30M round.

Venture capital firm investing in founders and technology companies in the UAE and Saudi Arabia, including application software and AI, from early stages through growth.

Early-stage investment company supporting technology businesses through staged seed and follow-on investment and operational support. No universal ticket size or equity percentage was confirmed in the official source.

The national management body overseeing the digital transformation and venture capital deployment for Tunisian innovative enterprises.

Egyptian startup investment firm offering venture-growth support. No standard investment ticket or equity percentage was confirmed on the official site. Separate from the Saudi Falak organisation.

MENA Technology Fund invests in early-stage B2B SaaS businesses across the UK, Middle East and North Africa. Its official site could not be read during this audit.