VentureWave Capital

VentureWave Capital is a leading venture capital firm based in Riyadh, Saudi Arabia, specializing in early-stage investments in high-growth sectors such as technology, fintech, healthcare, and renewable energy. Established in 2020 by venture capitalist Abdulaziz Al-Faisal, the firm focuses on supporting innovative startups with scalable business models, offering both financial backing and strategic guidance. VentureWave Capital is recognized for its role in fostering entrepreneurship and driving economic diversification in line with Saudi Arabia’s Vision 2030 goals.

The firm’s portfolio includes several successful investments in tech startups, e-commerce platforms, and green energy projects. A key success story for VentureWave Capital was its early investment in a Saudi-based fintech company that expanded internationally, generating significant returns. The firm is also known for its active involvement in mentoring founders and helping startups secure follow-on funding and strategic partnerships.

VentureWave Capital operates with values of innovation, growth, and partnership. In 2023, the firm reported assets under management (AUM) of SAR 500 million, with revenues of SAR 100 million. Looking forward, VentureWave Capital plans to expand its investment reach by exploring emerging sectors such as artificial intelligence and biotech, further positioning itself as a key player in Saudi Arabia’s venture capital ecosystem.