Oqal Group (combined from the two Arabic words "Oqool: meaning minds" and "AmwaL: meaning money"). It is a non-profit organization, the first angel investor network in Saudi Arabia with the main objective of growing the SME sector in the country. OQAL Connects entrepreneurs with local/regional investors who are willing to invest in startups, and provide aid to entrepreneurs through guidance from members with specific expertise in knowledge areas such as marketing, finance, accounting, etc.
Oqal investors search for local early-stage highly scalable startups with high potential growth across all sectors. Oqal members make their own investment decisions either individually or in groups in the range of $80,000 to $1.3 million.
At Merak Capital we focus on technology as the main driver for growth across the globe, and specifically in Saudi Arabia and the MENA region. We build our internal teams around technological research and understanding, staying at the forefront of breakthrough software and hardware, and finding investment opportunities that are aligned with adoption cycles from different sectors.
Headquartered in Riyadh, Mad’a Investment Company is a Private Equity firm operating in the Middle East.
We aren’t just investors though; through our participation on company boards (as well as outside of these boards), we actively help our partner businesses reach their true potential by using our network to unlocking value which otherwise could not have been realized.
Our team consists of highly experienced investment and operating professionals, who work collaboratively with the management teams of our portfolio companies.
As a Saudi Company, we are committed to contributing to the Kingdom of Saudi Arabia and our Investment Strategy is aligned with Vision 2030.
Mad’a Investment Company is a wholly-owned subsidiary of Abdul Aziz Al Othaim & Sons Holding Company (ASO & SONS).
NOMU Ventures is an early-stage VC fund focused on investing in and growing the startups from Saudi Arabia. We invest in startups from the idea to the seed stage, offering the executive know-how of our team and the access to the markets of industries we work with. We are looking for the founders with scalable global ideas that target the urgent problems on the market. We invest in proven business models and with vast partnership network in MENA region and beyond we aspire to scale KSA based startups internationally.