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Sukna Ventures is an early-stage venture capital fund based in Riyadh, Saudi Arabia. The firm focuses on supporting businesses involved in digital transformation, with a regional emphasis on the MENA area and a global presence. Key team members include Waleed Alballaa, Managing Partner, and Fares Bardeesi, Founding Partner.
Sukna Ventures invests in tech-driven companies across sectors such as fintech, media, and AI. The firm targets pre-seed to Series A stages, emphasizing digital transformation to create meaningful impact through its investments.
Waleed Alballaa - Managing Partner, brings extensive experience in venture capital and startup growth. Fares Bardeesi - Founding Partner, focuses on early-stage investments in tech-driven companies.
Sukna Ventures often leads investment rounds, particularly in early-stage startups focused on digital transformation.
The firm is open to follow-on investments, especially for companies that demonstrate significant growth potential and alignment with their focus areas.
Specific details regarding the fund size are not publicly available.
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