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.
MASNA Ventures is a private sector investment fund established to drive growth in the defense sector of Saudi Arabia. Launched as the first venture capital fund of its kind in the Kingdom, MASNA Ventures is headquartered in Riyadh. The fund is dedicated to supporting local startups that manufacture advanced defense technologies and systems, aligning with Saudi Arabia's strategic goal of achieving 50% localization in the defense sector by 2030. This initiative aims to enhance national security and technological independence.
As of now, MASNA Ventures manages a fund size of $100 million, focusing on innovative solutions that can transform the defense landscape. The firm is committed to fostering a sustainable defense industry in Saudi Arabia, which is crucial for the Kingdom's long-term economic and security objectives. The team consists of experienced professionals who bring a wealth of knowledge and expertise to the fund.
MASNA Ventures invests in a diverse range of strategic sectors within the defense industry. Key areas of interest include aerospace technologies, unmanned aerial systems (UAS), integrated defense platforms, and naval defense technologies. The fund also focuses on counter-UAS and anti-drone solutions, which are critical in modern defense operations. Additionally, MASNA Ventures is keen on AI-powered autonomous systems and advanced logistics and procurement solutions that enhance operational efficiency.
The firm seeks to back innovative startups that are not only developing cutting-edge technologies but also contributing to the localization of defense manufacturing in Saudi Arabia. MASNA Ventures looks for founders who demonstrate a strong vision and capability to execute their ideas in the defense sector, aligning with the Kingdom's broader economic goals.
MASNA Ventures has not publicly disclosed specific portfolio companies at this time. However, the fund is actively seeking to invest in startups that align with its focus on advanced defense technologies. The sectors of interest include:
Lucien Zeigler - General Partner. Lucien has extensive experience in venture capital and has been instrumental in launching MASNA Ventures. His background includes significant roles in various investment firms, focusing on technology and defense.
Nehal Farooqui - General Partner. Nehal brings a wealth of knowledge in the defense sector, having worked with several leading companies in the industry. Her expertise lies in identifying innovative startups and supporting their growth.
To pitch MASNA Ventures, founders should send an email to engage@masnavc.com. A detailed pitch deck is recommended, highlighting the business model, technology, and market opportunity. Response times may vary, so patience is advised after submission.
On February 6, 2026, MASNA Ventures was featured in Semafor, discussing its goal to raise $100 million for the Saudi defense VC fund. Shortly after, on February 8, 2026, Enterprise AM reported the launch of the fund with a target of USD 100 million. AGBI highlighted the fund's mission to localize defense manufacturing in Saudi Arabia on February 13, 2026. Aviation Week also covered the launch on February 9, 2026, emphasizing its significance as the first defense VC fund in the Kingdom. WAYA reported on the fund's launch on February 8, 2026, detailing its focus on the defense sector.
What are MASNA Ventures' investment criteria?
MASNA Ventures focuses on startups within the defense sector that are developing advanced technologies and systems. The firm looks for innovative solutions that align with Saudi Arabia's localization goals.
How can I pitch to MASNA Ventures?
Founders can reach out via email at engage@masnavc.com. A well-prepared pitch deck that outlines the business model, market opportunity, and technology is essential.
What makes MASNA Ventures different from other VCs?
As the first venture capital fund dedicated to the defense sector in Saudi Arabia, MASNA Ventures has a unique focus on supporting local startups that contribute to national security and technological independence.
What is the geographic scope of MASNA Ventures?
The firm primarily invests in the Middle East and North Africa, with a specific emphasis on Saudi Arabia.
What is the typical check size for investments?
While specific check sizes are not disclosed, MASNA Ventures operates with a total fund size of $100 million, indicating a capacity for significant investments in promising startups.
What kind of post-investment involvement does MASNA Ventures have?
MASNA Ventures is committed to supporting its portfolio companies through mentorship, operational guidance, and strategic connections within the defense industry.
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.