Seed Fund Deep Dive: Best Seed-Stage VCs in Arabia

Looking for funding for your startup in the UAE? It can feel like a maze trying to find the right people to talk to. We've put together a list of some of the top seed funds in the UAE that are actively investing. Think of this as your shortcut to finding potential partners who can help get your business off the ground. We've sifted through the options to give you a clearer picture of who's who in the seed fund scene here.

Key Takeaways

  • VentureSouq has made over 150 investments, focusing on AI, Deep Tech, and Advertising, with checks ranging from $0-$500K.
  • Global Ventures has invested in 87 companies, concentrating on AI, Deep Tech, and Advertising, with funding rounds between $500K-$3M.
  • Wamda Capital is a major player with 109 investments, backing Pre-Seed and Seed stages across various sectors, typically investing $1M-$10M.
  • Shorooq Partners has a strong portfolio of 133 investments, supporting Seed and Series A rounds, and invests between $1M-$10M.
  • BECO Capital, with 85 investments, focuses on Seed and Series A stages in areas like Lifestyle and Software, with investment sizes from $3M-$50M.

1. VentureSouq

When you're looking for early-stage investment, VentureSouq is a name that pops up a lot in the region. They're known for really getting behind founders and focusing on areas like fintech and climatetech. It feels like they're not just writing checks; they're actively involved in helping companies grow.

Here's a quick look at what they bring to the table:

  • Investment Stage: They're all about the early days – think Pre-Seed and Seed rounds. This means they're often one of the first investors in a company.
  • Check Size: You'll typically see them investing between $0 and $500K, sometimes a bit more. This range is perfect for getting a startup off the ground.
  • Focus Areas: While they look at a lot of different things, AI, Deep Tech, Advertising, and Marketing are big on their radar. They also have a strong interest in climate tech.

They've been active, backing companies like Wadaie in their seed round, which shows they're putting their money where their focus is. If you're building something in their preferred sectors and are at the very beginning of your journey, they're definitely worth checking out.

Dubai's startup scene is buzzing, and VCs like VentureSouq are a big part of that energy. They seem to understand what it takes to get a new idea moving, offering not just capital but also a supportive hand.

They've made over 150 investments, showing a consistent presence in the market. It's good to know there are investors who are keen on the foundational stages of a business.

2. Global Ventures

Global Ventures is a big player in the region, and they've been busy. They've made a lot of investments, which tells you they're actively looking for promising companies to back.

What really stands out is their focus on early-stage companies. They're not just looking at businesses that are already established; they're willing to take a chance on startups that are just getting off the ground.

Here's a quick look at what they're into:

  • Investment Stage: They're active in both Pre-Seed and Seed rounds. This means if you're just starting out or have a bit of traction, you might be a good fit.
  • Check Size: They typically invest between $500K and $3M. This range is pretty common for seed-stage funding, giving startups enough runway to hit their next milestones.
  • Areas of Interest: While they look across various sectors, they have a notable interest in AI & Deep Tech, and Advertising & Marketing. If your startup is in these fields, it's definitely worth checking them out.
They seem to have a good pulse on what's next in technology and are putting their money where their innovation is. It's a solid choice if you're looking for a partner who understands the early-stage landscape.

They've backed a good number of companies, showing they have the experience and the network to help startups grow. If you're building something innovative in the tech space, especially in AI or marketing tech, Global Ventures is a name you should have on your radar.

3. Wamda Capital

Wamda Capital is a big name in the MENA region, known for its strong focus on seed and early-stage investments across a variety of industries. They've been active, making a significant number of investments, which shows their commitment to growing the startup ecosystem.

If you're looking for funding, here's what you should know about them:

  • They invest across different stages, from pre-seed to seed. This means they're willing to get in early with promising ideas.
  • Their investment focus is broad, including AI & Deep Tech, and Advertising & Marketing, among others. So, if your startup fits into these or related tech sectors, you might be a good fit.
  • They typically invest between $1M-$3M and $3M-$10M. This indicates they're looking to make meaningful contributions to the companies they back.
Wamda Capital has a solid track record and a deep understanding of the regional market. They're not just about writing checks; they aim to support founders with their experience and network.

They've made over 100 investments, showing a consistent presence in the market. Their approach seems to be about backing innovative companies that have the potential for significant growth.

4. Shorooq Partners

Shorooq Partners is a venture capital firm that really gets involved with the startups they back. They're known for being hands-on and have deep roots in the region, which is a big plus if you're building something here. What's pretty cool is that they were actually the first ones to introduce venture debt in the MENA region, showing they're always looking for new ways to support founders.

They've made a significant number of investments, focusing on early-stage companies. You'll find they invest across a range of sectors, with a notable interest in AI & Deep Tech, and Advertising & Marketing.

Here's a quick look at their investment focus:

  • Stage: They actively invest in Seed and Series A rounds, and even earlier stages.
  • Check Size: They typically invest amounts ranging from $3M to $10M, but they can go higher.
  • Sectors: Keep an eye on their activity in AI & Deep Tech, and Advertising & Marketing, among others.
Shorooq Partners isn't just about writing checks; they aim to be a true partner, offering guidance and support that goes beyond just capital. Their regional expertise and innovative approach to funding make them a strong contender for startups looking for a VC that understands the local landscape.

If you're a founder in the region, especially in tech-focused areas, Shorooq Partners is definitely a firm worth getting to know. They seem to have a good pulse on what it takes to grow a business in the Middle East.

5. BECO Capital

When you're looking for seed funding, BECO Capital is a name that pops up a lot, and for good reason. They've been around for a while and have a solid reputation for spotting promising early-stage companies. They've backed some real winners, like Property Finder, which shows they know how to pick startups with serious growth potential.

Here's what you should know about them:

  • Investment Focus: BECO Capital tends to look at companies in the software and apps space, as well as lifestyle-related businesses. They're not afraid to get in early, supporting startups from pre-seed all the way through Series A.
  • Geographic Reach: While they invest across the region, they have a strong presence and focus on the UAE and Saudi Arabia.
  • Fund Size: They've raised significant capital, with funds totaling hundreds of millions of dollars, allowing them to support founders from the very beginning right up to an IPO. This means they can be a long-term partner.

If your startup fits their profile, especially in the tech sector, they're definitely worth considering. They have a track record that speaks for itself, and their substantial funds mean they can make a real difference for the companies they back. It's good to know that firms like BECO Capital are actively investing and looking for the next big thing in the region.

BECO Capital has a history of backing successful companies, demonstrating a keen ability to identify startups with strong market potential. Their investment strategy is geared towards supporting founders through multiple stages of growth, from initial concept to scaling operations.

6. Middle East Venture Partners (MEVP)

When you're looking for seed funding in the Middle East, Middle East Venture Partners, or MEVP, is a name you'll likely come across. They've been active in the region for a while and have a solid track record.

MEVP focuses on early-stage investments, meaning they're often one of the first checks a startup receives. This can be super helpful when you're just getting off the ground and need that initial capital to build your product and team.

Here's a quick look at what they typically look for:

  • Investment Stage: They're keen on Seed and Series A rounds. This is prime time for startups that have a working product and are looking to scale.
  • Check Size: You'll find they often invest between $1M and $10M. This range is good for companies that need significant runway to hit their next milestones.
  • Sectors: While they have a broad interest, they've shown a focus on areas like Financial Services and Business/Productivity tools. If your startup fits into these categories, it might be a good match.

They've backed companies like Hala and AppliedAI, showing a diverse portfolio. If you're building something innovative in the tech space, it's worth checking out what MEVP has invested in to see if your vision aligns with their investment thesis. They seem to be a reliable partner for founders aiming for growth in the region.

7. Raed Ventures

Raed Ventures is a firm that really focuses on early-stage companies, especially those just starting out in the pre-seed and seed rounds. They've been active, putting money into a good number of startups.

If you're looking for funding, here's what you should know about them:

  • They invest in pre-seed and seed-stage companies. This means they're often one of the first investors to back a new idea.
  • Their typical check size ranges from $3 million to $10 million. This gives you a good idea of the scale of investment they're comfortable with.
  • They focus on sectors like AI & Deep Tech and Advertising & Marketing. If your startup fits into these areas, you might be a good match.

They've made a significant number of investments, showing they're serious about growing the startup ecosystem in the region. It's worth checking them out if your company is in its early stages and aligns with their investment focus.

8. Morningstar Ventures

Morningstar Ventures is a VC firm that's been active in the region, making a significant number of investments. They focus on a few key areas, which is good because it means they really know their stuff in those sectors.

What stands out about Morningstar Ventures is their commitment to early-stage companies. They're not afraid to get in on the ground floor.

Here's a quick look at what they're about:

  • Investment Focus: They tend to invest in companies working with AI & Deep Tech, and Advertising & Marketing. This suggests they're looking for innovative solutions and companies that can reach a broad audience.
  • Stage: You'll find them active in the Seed stage, which is exactly what we're looking at for this article. They also participate in Series A rounds.
  • Check Size: Their typical investment size seems to be in the $1M-$3M range, and sometimes up to $10M. This is a solid amount for a seed-stage company looking to scale.
They've made over 100 investments, showing a consistent presence and a track record of backing startups in the region. It's always a good sign when a firm has that much experience.

If you're building something in AI, deep tech, or marketing, and you're at the seed stage, Morningstar Ventures is definitely a firm worth looking into. They seem to have a good pulse on what's next in the market.

9. Angelsdeck Global Ventures

Modern venture capital office interior with natural light.

Angelsdeck Global Ventures is a player in the early-stage investment scene, focusing on companies that are just starting out. They're particularly interested in tech-driven businesses that can show early traction. If you're building something in software, apps, or cutting-edge AI, they might be a good fit.

Here's a quick look at what they typically look for:

  • Stage: They invest in Pre-Seed and Seed stage companies. This means they're comfortable getting in very early, even before you have a full product or significant revenue.
  • Investment Size: You'll find they often write checks between $500K and $3M, with a sweet spot around $1M-$3M for many of their deals.
  • Focus Areas: They have a keen eye for Software & Apps, AI & Deep Tech, and a few other related technology sectors.
When you're approaching a firm like Angelsdeck, remember they're looking for that spark – the potential for significant growth from the ground up. It's not just about the idea, but also about the team and the early signs that your solution is needed in the market.

They've been active, making a good number of investments, which shows they're consistently looking for new opportunities to back founders in the region.

10. Access Bridge Ventures

When you're looking for seed funding, Access Bridge Ventures is a firm that really focuses on getting in early. They're known for their sweet spot in the pre-seed and seed stages, often putting in checks between $1M and $3M. This means they're not just looking for companies that are already proven; they're willing to back the really early ideas.

What's interesting about them is their focus areas. They tend to lean towards Fintech and financial services, but they also have a broad interest in 'Other' categories, which suggests they're open to innovative ideas across the board. If your startup is in the financial tech space, or even something a bit outside the box, it might be worth checking them out.

Here’s a quick look at what they typically invest in:

  • Stage: Pre-Seed and Seed
  • Check Size: $1M - $3M
  • Focus Areas: Fintech, Financial Services, and a range of other sectors.

It feels like they're building a portfolio of companies that have the potential to grow significantly from the ground up. They seem to be a good partner if you're at the very beginning of your journey and need that initial capital to get things rolling.

11. Derayah Venture Capital

Derayah Venture Capital is a notable player in the region, focusing on early-stage companies. They're known for their strategic investments in sectors like AI, Deep Tech, and Advertising & Marketing. If you're building something in these areas, they might be a good fit.

They tend to invest between $1 million and $3 million, and sometimes up to $10 million. This range suggests they're looking for companies that have already shown some traction and are ready to scale.

Here's a quick look at what they focus on:

  • Investment Stage: Primarily Seed and Series A. This means they're comfortable coming in after you've got a product and some initial customers, but before you're a massive enterprise.
  • Investment Size: Typically $1M - $3M, with potential for larger rounds up to $10M.
  • Key Sectors: AI & Deep Tech, Advertising & Marketing, and a few others.
Derayah seems to have a good pulse on emerging technologies and marketing innovations. They're not just throwing money around; they're looking for companies with solid potential in specific, high-growth areas. It's worth checking out their portfolio to see if your company aligns with their investment thesis.

12. Plus Venture Capital

When you're looking for seed funding, Plus Venture Capital is a firm that's been active in the region. They focus on early-stage companies, which is exactly what you need to know for this deep dive.

They've made a good number of investments, showing they're actively deploying capital.

Here's a quick look at what they're about:

  • Investment Stage: They're open to Pre-Seed and Seed stage companies. This means they're willing to get in early with promising startups.
  • Check Size: You'll see they typically invest between $1M-$3M and $500K-$1M. This gives you a good idea of the typical funding range they provide.
  • Focus Areas: While the data is broad, they've shown interest in areas like Software & Apps, and AI & Deep Tech. It's always good to see if your company aligns with their stated interests.
Keep in mind that VC firms often have specific theses or areas they're particularly excited about at any given time. It's worth doing a bit more digging to see if your specific niche fits their current strategy.

13. COTU Ventures

When you're looking for seed funding, COTU Ventures is a firm that focuses on early-stage companies, particularly those in AI, Deep Tech, and Advertising & Marketing. They're known for making investments in the pre-seed and seed rounds, which means they get involved when companies are just starting out.

Here's a quick look at what they typically invest in:

  • Investment Stage: Pre-Seed and Seed
  • Focus Areas: AI & Deep Tech, Advertising & Marketing, Software & Apps
  • Typical Check Size: $100K - $3M

They've made a number of investments, showing they're active in the market. If your startup is in one of their focus areas and you're at the very beginning of your journey, they might be a good fit to explore.

COTU Ventures seems to have a clear strategy of backing innovative tech companies right from the ground floor. Their investment range suggests they're comfortable with the risks associated with very early-stage ventures.

14. Oraseya Capital

Oraseya Capital is a firm that's been active in the region, making a notable number of investments. They seem to have a strong interest in Fintech and EdTech sectors. If you're building something in these areas, they might be a good fit.

Here's a quick look at what they focus on:

  • Sectors: Fintech & Financial Services, EdTech, and over 6 other categories.
  • Stage: They invest in Pre-seed and Seed stage companies.
  • Check Size: Their typical investment ranges from $500K to $1M.

They've made quite a few investments, showing they're actively deploying capital and looking for promising startups to back. It's always good to see firms with a clear focus, as it suggests they have a good grasp of the markets they're involved in.

When considering VCs, it's helpful to look at their past investments to see if your company aligns with their portfolio. Oraseya Capital's focus areas give you a clear starting point for your research.

15. Woodstock Fund

Woodstock Fund logo abstract sculpture

Woodstock Fund is a VC firm that really focuses on the early stages of tech companies. They're all about getting in on the ground floor, especially with startups that are building something new in AI and deep tech. If you've got a company in that space, they might be a good fit.

Here's a quick look at what they tend to do:

  • They invest early: Woodstock Fund is known for putting money into pre-seed and seed-stage companies. This means they're looking at startups that are just getting started, maybe even before they have a full product.
  • Tech-focused: Their main interest is in AI and deep technology. Think cutting-edge stuff that could really change industries.
  • Investment size: They typically invest amounts ranging from $1M to $3M, and sometimes up to $10M. This gives startups a solid chunk of change to get going.

If you're building a tech company with a strong AI or deep tech component and you're looking for funding in the early stages, Woodstock Fund is definitely a firm to consider. They seem to have a good track record of backing innovative ideas.

They're not just throwing money around; they seem to have a clear strategy around backing companies that are pushing the boundaries of technology, particularly in AI. This focus means they likely bring more than just capital to the table, potentially offering valuable insights and connections within that specific tech ecosystem.

16. NewTribe Capital

NewTribe Capital is a VC firm that really focuses on early-stage companies, especially those diving into AI and deep tech. They've made a good number of investments, showing they're actively looking for promising startups.

What stands out about NewTribe Capital is their commitment to the very beginning of a company's journey. They're not afraid to get in on the ground floor.

Here's a quick look at what they're about:

  • Investment Focus: They seem to really like AI & Deep Tech, and also Advertising & Marketing sectors. If your startup is in these areas, you might be a good fit.
  • Stage: They're active in the Seed and Series A stages, which means they're looking for companies that have moved past the initial idea but are still growing.
  • Check Size: They typically invest between $1M-$3M and $3M-$10M. This gives you an idea of the funding range they're comfortable with.
They're a firm that seems to understand the challenges of early-stage growth and aims to support companies through those critical initial phases. It's good to know there are investors like them looking to back innovation from the start.

17. Rarestone Capital

When you're looking for seed funding, Rarestone Capital is a firm that's been active in the region. They've made quite a few investments, showing they're definitely putting their money to work.

Their focus seems to be on companies working with AI and deep tech, as well as those in advertising and marketing. This is a good sign if your startup fits into those areas.

Here's a quick look at what they're into:

  • Stages: They invest in both Pre-Seed and Seed stage companies. This means they're willing to get involved early on.
  • Investment Size: You'll see they often invest amounts between $1M-$3M and $3M-$10M. This gives you an idea of the typical check size.
  • Sectors: They have a strong interest in AI & Deep Tech, and Advertising & Marketing. If your business is in these fields, you might be a good fit.
They've been busy, with over 50 investments recorded. This suggests a consistent activity level and a broad portfolio.

It's always a good idea to check out their recent investments to get a feel for the types of companies they're backing right now. This can help you tailor your pitch and see if your vision aligns with theirs.

18. HALA Ventures

HALA Ventures, now operating as HALA Capital, is a private capital firm based in Saudi Arabia. They've expanded their venture activities and are now licensed by the CMA. This move signals a more structured approach to their investment strategy.

When you're looking for seed-stage funding, here's what you should know about HALA Capital:

  • They focus on early-stage companies. HALA Capital is active in the Pre-Seed and Seed stages, meaning they're often one of the first investors in a startup.
  • Their typical check size is between $100K and $500K. This range is pretty standard for seed rounds, helping companies get off the ground.
  • They invest across various sectors. While they don't shy away from tech, they look at a broad range of industries, which can be good if your business isn't strictly in a niche tech area.
HALA Capital's rebranding from HALA Ventures shows a commitment to growing their presence in the Saudi Arabian market. This suggests a long-term vision for supporting regional startups.

If your startup is in its early stages and seeking capital, HALA Capital is definitely a firm worth considering. You can find out more about their investment focus and recent activities on their official website.

HALA Ventures is a key player in the UAE startup scene. They focus on helping new businesses get off the ground and grow. If you're looking for support or investment for your startup, HALA Ventures is a great place to start. Visit our website to learn more about how we connect founders with resources like HALA Ventures.

Wrapping It Up

So, you've seen some of the key players in the seed-stage investment scene across Arabia. It's a dynamic space, and these firms are actively looking to back new ideas. Remember, finding the right investor is a bit like finding the right partner – it takes research and a good fit. Don't just send out a generic pitch; try to understand what each firm is looking for. Tailor your approach, show them you've done your homework, and highlight how your startup aligns with their interests. The region is buzzing with opportunity, and with the right preparation, you can definitely make a strong connection. Good luck out there!

Frequently Asked Questions

What exactly is a 'seed-stage' VC?

Think of seed-stage VCs as early supporters for brand-new companies. They're the ones who give that initial funding, like a 'seed,' to help a startup get off the ground and grow its first ideas. It’s usually the first big money a company gets after its founders put in their own cash.

Why focus on VCs in Arabia?

The startup scene in Arabia is really booming! Lots of new companies are popping up, and investors are eager to back them. By looking at VCs in this region, you're tapping into a growing market with lots of potential for innovative ideas and growth.

How do I know if a VC is a good fit for my startup?

You'll want to check what kinds of businesses they usually invest in – like technology, health, or maybe something else. Also, see what stage they invest in (are they okay with super early ideas or do they want to see some progress?). It's like finding a friend who likes the same games you do; you'll get along better.

What's the typical amount of money a seed-stage VC might invest?

It can vary a lot, but often they'll put in anywhere from a few hundred thousand dollars up to a few million. This money is meant to help you build your product, find your first customers, and prove your business idea can work.

Besides money, what else do these VCs offer?

Good VCs are more than just a bank. They often have lots of experience and can give you advice on how to run your business, connect you with other important people in the industry, and help you avoid common mistakes. They want you to succeed because they succeed too!

How can I make my startup stand out to these investors?

You need a clear plan and to show you've already made some progress, even if it's small. A strong 'pitch deck' (a presentation about your business) that tells a compelling story and explains why your idea is awesome and needed is super important. Also, knowing who you're pitching to and why they'd be interested makes a big difference.