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Al Madinah Ventures - المدينة فينشرز

Al Madinah Ventures is a newly launched venture capital organization based in Al Madinah Al Monawarrah, Saudi Arabia, focusing on supporting technology-related startups and fostering innovation in the region.

Founded
2024
Recorded stages
Friends Family, Angel, Accelerator, Pre Seed, Seed, Seed Plus, Series A, Series A Plus, Series B, Series B Plus, Series C, Series C Plus, Series D, Series E, Series F, Growth Equity
Recorded regions
Mena, Saudi Arabia

Online destinations

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Official links

Pages the organization runs itself.

Overview

Al Madinah Ventures, launched in December 2024, is dedicated to supporting tech founders and driving innovation in Al Madinah Al Monawarrah, Saudi Arabia. The organization aims to launch five new companies annually and attract over 30 investors each year. Backed by HRH Prince Salman bin Sultan bin Abdulaziz and co-launched with Value Makers Studio and the Economic Development Centre, Al Madinah Ventures is part of Saudi Arabia's Vision 2030 initiative, which seeks to diversify the economy and unlock the entrepreneurial potential of the region. With a fund size of $10 million, it is positioned to play a significant role in the local startup ecosystem.

Focus

Al Madinah Ventures invests primarily in technology-related ventures, aiming to support tech founders and drive innovation within the region. 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.

Support

Al Madinah Ventures provides not only financial support but also strategic guidance to tech founders, leveraging its connections with local economic development entities and the Madinah Chamber of Commerce to foster growth and innovation.

Questions

What are the investment criteria for Al Madinah Ventures?

Al Madinah Ventures focuses on technology-related ventures across multiple sectors, including AI, fintech, healthcare, and logistics. The firm invests at various stages, from Friends & Family to Series F and Growth Equity. They look for innovative founders with strong leadership skills and a commitment to driving technological advancements.

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, market analysis, and information about the founding team in the pitch deck.

What makes Al Madinah Ventures different from other VCs?

Al Madinah Ventures is uniquely positioned within the Saudi Arabian startup ecosystem, backed by HRH Prince Salman bin Sultan bin Abdulaziz and local economic development entities. This support enhances their ability to provide strategic resources and connections to tech founders.

What is the geographic focus of Al Madinah Ventures?

The firm has a global investment focus, with a particular emphasis on the Asian market. This allows them to tap into a diverse range of startups and innovation hubs.

What is the fund size and how many companies do they plan to launch annually?

Al Madinah Ventures operates a $10 million fund and aims to launch five new companies each year. This ambitious target reflects their commitment to fostering innovation and supporting tech entrepreneurs in the region.

What kind of post-investment support does Al Madinah Ventures provide?

While specific details on post-investment support are not disclosed, Al Madinah Ventures is known to leverage its connections with local economic development entities and the Madinah Chamber of Commerce to assist portfolio companies in their growth and development.

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