Hala Ventures

Last updated:
November 21, 2024
Hala Ventures
Early-stage venture capital firm backing innovative startups in MENA since 2014.
Preferred Investment Stage
Pre-Seed
Seed
Fund Type
Venture Capital
Avg. Ticket Size Range
$500K-$5M
Varies depending on program
HQ Location
Riyadh, Saudi Arabia
Overview

Founded by Ali Abussaud and Hussain Almarhoon, Hala Ventures is one of the earliest VC firms in the MENA region. With a focus on early-stage startups, Hala Ventures has been a driving force for entrepreneurial growth, offering financial backing and strategic mentorship to bold innovators across various sectors.

Portfolio Highlights

Hala Ventures was instrumental in the early growth of TruKKer and Foodics, both now scaling rapidly across MENA.