Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Al Madinah Ventures is a venture capital organization based in Al Madinah Al Monawarrah, Saudi Arabia. Launched in December 2024 under the patronage of HRH Prince Salman bin Sultan bin Abdulaziz, the fund is dedicated to supporting technology-related ventures and fostering innovation in the region. The organization aims to enhance the entrepreneurial landscape of Al Madinah, which is home to over 60,000 SMEs contributing significantly to the local economy.
Currently, Al Madinah Ventures operates with a fund size of $10 million, focusing on job creation and regional economic growth. The firm is part of a broader initiative to stimulate the startup ecosystem in Al Madinah, which aligns with Saudi Arabia's Vision 2030 economic diversification agenda. The fund is in its initial deployment phase, targeting the launch of five new companies each year and attracting over 30 investors annually.
Al Madinah Ventures invests in technology-related ventures across various sectors, including AI, fintech, healthcare, edtech, consumer, commerce, biotech, energy, climate, and logistics. The firm targets multiple stages of investment, ranging from Friends & Family to Series F and Growth Equity. This broad investment strategy allows Al Madinah Ventures to engage with startups at different growth phases, providing essential capital and support.
The organization is committed to launching five new companies each year and attracting over 30 investors annually, thereby enhancing the startup ecosystem in Al Madinah. Al Madinah Ventures seeks to support tech founders who demonstrate innovation and potential for job creation, aligning with the broader economic goals of the region.
As of now, Al Madinah Ventures has not publicly announced any portfolio company investments, as it is in the initial deployment phase of its $10 million fund. The organization is focused on establishing its presence in the startup ecosystem and aims to launch five new companies each year. This strategic approach allows the firm to build a diverse portfolio over time, reflecting its commitment to supporting technology-related ventures.
While no specific companies have been named yet, the firm’s focus on sectors such as AI, fintech, and healthcare indicates a strong interest in high-growth industries that are pivotal to the region's economic development.
To pitch Al Madinah Ventures, founders should visit their website at almadinah.vc. It is recommended to include a comprehensive pitch deck that outlines the business model, market analysis, and financial forecasts. While specific application forms are not mentioned, a clear and concise presentation will enhance the chances of engagement.
Founders should expect to follow up on their submissions to ensure they are reviewed. Warm introductions may be beneficial, given the firm's connections within the local startup ecosystem.
Al Madinah Ventures launched in December 2024 with a fund size of $10 million, aiming to support technology-related ventures in Al Madinah Al Monawarrah. The firm is backed by HRH Prince Salman bin Sultan bin Abdulaziz and co-launched with Value Makers Studio and the Economic Development Centre.
As of now, there have been no public announcements regarding portfolio company investments, as the fund is in its initial deployment phase. The organization is actively working to establish its presence in the local startup ecosystem, targeting the launch of five new companies each year and attracting over 30 investors annually.
What are Al Madinah Ventures' investment criteria?
Al Madinah Ventures focuses on technology-related ventures across various sectors, including AI, fintech, healthcare, and more. The firm invests at multiple stages, from Friends & Family to Series F and Growth Equity.
How can I pitch to Al Madinah Ventures?
Founders can pitch their startups through the official website at almadinah.vc. It is advisable to include a detailed business plan and financial projections in the pitch deck.
What makes Al Madinah Ventures different from other investors?
Al Madinah Ventures is backed by HRH Prince Salman bin Sultan bin Abdulaziz and collaborates with local economic development entities, providing unique access to resources and networks in the region.
What is the geographic focus of Al Madinah Ventures?
The firm primarily focuses on the global market with a specific emphasis on the Asian region, particularly Saudi Arabia.
What is the expected response time for pitches?
While specific response times are not disclosed, founders are encouraged to follow up after submitting their pitch to ensure it has been received and reviewed.
What kind of support can founders expect post-investment?
Al Madinah Ventures provides strategic support to tech founders, leveraging its connections with local economic development entities and the Madinah Chamber of Commerce to foster innovation and growth.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.