The Angel Investor Network (Sirb) was established as an initiative of King Abdul Aziz City for Science and Technology (KACST) in line with KACST vision towards a knowledge economy.
Unlike all other investment alternatives in the region, Sirb is an Angel Investor Network with Angel Investors who typically invest entrepreneurs’ new startup companies at very early stages. Sirb angel investors play a critical role to proof the project, and make it marketable for a large investment round later on by large Venture Capitalist (VCs). Sirb contributes to increase the success rates of small and midsize projects at early stages through sustainable administrative and material support offered by angel investors.
We are an early stage angel investors network, investing with passion and dedication in ambitious entrepreneurs to define and dominate a new generation of digital economy creators
Our IQ and EQ is what sets us apart. We view the world through an expanded lens that enables us to have the diversity of perspectives needed to challenge industry norms and spark the unexpected.
Riyadh Angel Investors (RAI) is an angle investing group that includes overturns from a divers set of sectors in the Saudi economy whole can provide unique value to startups in mENA through their deep expertise and networks.
Theodore L. ("Trey") Goede III has been working for Saudi Aramco Entrepreneurship Center for over six years, mainly around a $200MM venture fund launched by Saudi Aramco in 2013 to diversify the Kingdom’s economy and create high quality Saudi jobs. After participating in fund formation, Mr. Goede helped lead the fund through its first 22 approved transactions in 4.5 years. Mr. Goede has also served on the Board of Directors of many Aramco Entrepreneurship Ventures portfolio companies including PayTabs, an online payment services company, SafeRoad, a GPS vehicle tracking company, Golden Scent, a perfume and beauty supply ecommerce company, Geophysical Equipment Factory Limited, an oil and gas exploration and geophysical equipment manufacturing company, and Virtual Vision, an ICT services company specializing in cloud solutions. Mr. Goede is also a member of the Investment Committee for the King Fahd University of Petroleum & Minerals’ Entrepreneurship Institute funding program, an Investment Committee member at Dhahran Techno Valley Corporation for its funding initiatives, and an Advisory Board Member for the College of Engineering at Prince Mohammad bin Fahd University. In 2014, Mr. Goede co-created a Professional Certification in Innovation class for the accredited Saudi Aramco leadership development department as an Instructor, where the class is now being offered on a quarterly basis for Aramco employees and the wider external ecosystem. Additionally, Mr. Goede co-founded the Saudi Aramco sponsored Innovation Ecosystem Society and he serves on its Board of Directors, and more recently, he became Co-Director of Google Startup Grind Dhahran. Previously, Mr. Goede was Chief Executive Officer of Affinity Wind, LLC, a wind energy development company, which he founded in 2007. After raising $1.5MM from individual investors and a major university, and then forming a strategic joint venture with turbine manufacturer Suzlon Corporation for an additional $3MM of funding, Affinity developed a portfolio of wind projects located in the United States. He was formerly Executive Vice President of River City Internet Group, LLC, a privately-held investment and holding company focused on developing, owning and operating businesses primarily in the Information Communication Technology (“ICT”) sector. While at River City Internet Group, Mr. Goede started several businesses related to technology and telecommunications, including Electric Internet, a Broadband over Power Line joint venture with a United States public utility, Ameren Corporation. Previously in 1998, he was Vice President of Primary Network, which Mr. Goede helped develop into one of the nation's largest regional ISPs before raising over $50 million to fund its growth to offer local and long-distance telephone and DSL services. In 1999, Primary Network was recognized as the fastest growing technology company in the St. Louis area, and the thirteenth fastest in the United States. Mr. Goede was recognized by Fast Forward/St. Louis Business Journal as one of the publication's “30 under 30” business people, twice recognized as one of the Most Influential St. Louisans (2011 and 2012), along with Who’s Who in Energy honors in 2012. Mr. Goede served on Missouri Governor Bob Holden's Information Technology Roundtable Committee and contributed to a Battelle Memorial Institute study related to technology. Mr. Goede has served on a number of Boards including Affinity Wind, Ameren Pure Power, FinServe Tech Angels, Boston College Energy and Environment Alumni Network, Missouri Department of Economic Development-Energy Sector, Missouri Association of PACE Professionals, Cultivation Capital (Entrepreneur In Residence) and River City Internet Group. Mr. Goede was an adjunct professor in the Business School’s Entrepreneur Department at St. Louis University from 2004-2012, the 7th best Entrepreneur program in the United States. Mr. Goede holds a Bachelor of Science in Marketing and a Bachelor of Science in Business Operations and Strategic Management, both from Boston College.
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.