Seed

Pre-Seed

Pre-Series A

Jeddah

Yassir Nasief

Redwan Abudawood

If you're ready to take your business to the next level with Palm Ventures, we want to hear your pitch.

Investment in Startup

Find all about Palm Ventures: funding focus, key investments, and market strategy. Discover insights on Lucidity Insights.

Palm Ventures

Palm Ventures is company investing in technology startups.

Riyadh

Debt Financing

erad

Fintech

Information Technology

erad is on a mission to empower SMEs in the Middle East with financial solutions.

Series A

Nearpay

Predictive Analytics

Mobile Payments

Software

Financial Services

Digital Payments

NearPay is a Saudi Fintech company that provides Payment Infrastructure as a Service

Dubai

UPFRONT

BNPL

Analytics

Payments

UPFRONT is a B2B payments and BNPL platform, which focuses on financial analytics, payment orchestration, open banking, and working capital solutions to help SMBs increase their gross profits.

Mala Inc.

Lending

Mala provides a buy now, pay later (BNPL) solution specifically designed for B2B transactions in the MENA region. The platform enables businesses to manage their cash flow more effectively while making purchases.

Saee

Logistics

Supply Chain Management

Saee is a Saudi leading-edge in Logistics Technology Innovation to assist the eCommerce industry seamlessly with customized last-mile logistic solutions to manage supply chains most efficiently, using our advanced technology to gain a high success rate of goods delivery to the doorstep.

Ticket Souq

Blockchain

Ticketing

Ticket Souq is a startup revolutionizing event ticketing in the SAWANA. Our platform connects users to unforgettable experiences, allowing them to effortlessly purchase tickets for a wide range of events through our upcoming mobile application.

Our mission is to create lasting memories by providing seamless access to captivating concerts, sports events, and cultural performances. With our user-friendly platform, users can explore, book, and manage their event tickets all in one place.

NIFTY Souq

NFT/Crypto

Angel

MyBenefits

SaaS

Mobile Apps

Wellness

MyBenefits is a SaaS system and app that provides companies access to thousands of discounts across all markets and tracks access and usage

6Bees

Inspired by bees' unity, diligence, and purpose, we founded 6Bees to revolutionize how organizations approach strategy alignment, performance management, and technology. We believe in harnessing the true potential within organizations, just like a thriving hive working harmoniously together.

FIFOplus

Food and Beverage

E-Commerce

Food and Beverages

Restaurants

FIFOplus is a leading B2B e-commerce marketplace for restaurants in Saudi Arabia, known for its innovative approach and a customer retention rate exceeding 90%.

iRama

Agriculture

AgTech

Artificial Intelligence (AI)

Farming

iRama specializes in advanced biodynamic agriculture technologies and the creation of protected agricultural environments using AI.

Cairo

InstaConsult

Telecommunications

Chatbot

InstaConsult provides professionals and public figures with unique phone numbers and WhatsApp chatbots for prepaid voice calls and direct communication worldwide.

Mala, a Saudi Arabia-based B2B fintech platform, has raised $7 million in a pre-seed funding round led by VentureSouq, with participation from D Global Ventures, M Capital, BECO Capital, Access Bridge Ventures, Waad Investment, Palm Ventures, and Shorooq Partners. The funding will support Mala's 'Procure-Now, Pay-Later' solution aimed at SMEs, offering flexible credit terms to buyers and immediate cash payments to suppliers. The platform is set to launch in Saudi Arabia in Q4 2024.

Saudi B2B fintech Mala secured $7 M Pre-seed funding

Palm Ventures Portfolio - iRama

Palm Venture's portfolio page

FIFOPlus, the leading B2B e-commerce marketplace for restaurants in Saudi Arabia, has been making waves in the industry with its innovative approach and exceptional solution driver thinking.

Palm Ventures

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

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Palm Ventures

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 3 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

About

Legal

Social Media

Portfolio Companies
or Investments