Participated · Series D · Jan 2026

Alpaca operates a brokerage infrastructure API that powers fintechs, banks, broker-dealers, wealth managers, algorithmic trading firms, active traders, and crypto-native financial platforms. The company supports over 10 million brokerage accounts across hundreds of fintechs and institutions in more than 40 countries. Alpaca has expanded its regulated footprint through acquisitions, including an IFSCA-regulated broker-dealer and payment service provider in GIFT City and UK/European entities with passporting across the EEA, and has launched global equities access beginning with European equities. It has onboarded major global crypto exchanges and tokenization platforms, reported doubling revenue year-over-year for three consecutive years, and surpassed $1.5 billion in assets under custody for underlying stocks backing tokenized equities. Alpaca plans to use the new financing to accelerate its agent-first brokerage and API-first prime brokerage infrastructure to support tokenized markets and AI-native financial services.

Participated · Series A · Sep 2024

Malaa offers a wealth management platform that helps individuals and organisations improve financial decision-making through data-driven financial products and services. The company plans to launch a new range of investment and savings products along with additional features and services funded by its recent raise. Malaa was founded in 2021 by Ali Aloraini and Faisal Alqarni and is headquartered in Saudi Arabia. Prior to the Series A, the company raised $1.7M in a March 2022 seed round from regional investors. The platform serves both individual and organizational customers and positions itself around improving financial planning and product access. Current public reporting on operating metrics (revenue/users) was not provided in the article.

Participated · Equity · Aug 2024

Resal is a Jeddah-based e-gifting platform that facilitates the management and exchange of loyalty points, prepaid cards, and vouchers from multiple sources. The Resal Wallet app lets users accumulate and aggregate loyalty points from telecom companies, banks, and airlines into a digital wallet and convert those points into value for everyday purchases across a network of more than 1,000 brands. The company’s “Resal for Merchants” platform enables merchants and brand owners to design loyalty programs and digital cards, interact with customers, and drive sales by connecting to Resal’s solutions network. Resal partners with banks, telecom companies, airlines, and governmental and non-governmental organisations to source and redeem rewards. Founded in 2016 by Fouad Alfarhan and Hatem Kameli, the company raised $9M and intends to use the proceeds to accelerate business growth within the Kingdom. Backers include institutional investors, family offices, and angels supporting its expansion plans.

Participated · Series A · Aug 2023

Founded in 2018, Saudi-based Rewaa develops a cloud platform that unifies accounting, inventory, and sales data so merchants can manage both in-store and online operations in real time. The software functions as a point-of-sale system while providing centralized dashboards that cut operational workload and improve efficiency for small and medium-sized retailers. By integrating physical and digital channels, Rewaa helps merchants scale without adding back-office complexity. The company is layering AI into its retail management tools to deliver smarter inventory decisions and sales insights. Proceeds from its latest financing will accelerate these AI capabilities and widen service coverage across Saudi Arabia. Rewaa’s Series B round brings in $45 million of fresh capital, giving the company resources for its next phase of growth. No revenue or user figures were disclosed, but the sizable round signals growing market traction.

Participated · Seed · Jul 2023

Kaso provides a B2B platform that digitizes and automates procurement between restaurants and food suppliers to improve efficiency, transparency and reduce food waste. The core product digitizes the relationship between restaurants and suppliers and targets the food supply chain. Kaso currently operates in KSA and the UAE and serves over 5,000 partners in those markets. The company intends to use new funding to expand operations and enhance its technology platform. Management has set a target to achieve a GMV of $1 billion within 12 months. Kaso was founded by Manar Alkassar and Ahmed Soliman.