Nour Nouf Ventures
Beuatat Business Park, Office Number 30, Ash Shatee District, Jeddah, Makkah, 23414, Saudi Arabia
Overview
Nour Nouf Ventures is an impact venture capital firm founded on the principle that entrepreneurship and knowledge transfer are catalysts for positive change for a better world. Founded in 2016 in Jeddah -Saudi Arabia, we support scalable and sustainable solutions through impact investments in emerging economies, balanced with growth investing for global impact, aligned proudly with Saudi Vision 2030 and the UN SDGs. We also strengthen Saudi Arabia’s entrepreneurial ecosystem by providing co-working spaces for startups and driving community-focused CSR initiatives that promote localized knowledge and growth.
- Total investments
- 3
- Lead investments
- 1
- Investments · 12mo
- 2
- Active investors
- 3
Investment portfolio
- Squadio
Led · Series A · Oct 2025
Founded in 2019 by Khaled Senawy, Squadio operates a talent acquisition and team-building SaaS platform focused on remote software professionals. The company connects enterprises and startups to a vetted pool of more than 55,000 tech specialists spanning over 80 countries, enabling rapid assembly and scaling of distributed engineering teams. Its client roster exceeds 450 organizations across the Middle East and the United States, including large enterprises such as STC, Elm, Thiqah, Monsha’at, and Nupco. Squadio’s headquarters are in Riyadh, with additional offices in Dubai, Alexandria, and Silicon Valley, supporting its cross-regional operations. Revenue figures were not disclosed, but the company plans to leverage its expanding network and geographic footprint to drive further growth. Proceeds from its latest funding will be allocated to enhancing platform capabilities, enlarging the global talent pool, and accelerating both regional and international expansion initiatives.
- Hala
Participated · Series B · Sep 2025
Hala is a Saudi Arabian fintech founded by Esam Alnahdi and Maher Loubieh that empowers more than 142,000 MSMEs with a full stack of embedded financial products. Its platform offers business bank accounts, card issuance, payment processing, domestic and international transfers, and point-of-sale solutions, collectively processing over $8 billion in annual transactions. With its latest capital infusion, the company plans to deepen its market share in Saudi Arabia, broaden its suite with new lending products tailored for MSMEs and freelancers, and commence regional expansion. Hala’s strategy centers on becoming the primary financial operating system for small businesses across the Middle East by layering credit, working-capital, and other value-added services onto its existing payments infrastructure. The company’s scale, transaction throughput, and specialized focus on underserved business segments position it to capture significant share in the Gulf’s fast-growing digital finance market. Financial performance metrics beyond transaction volume were not disclosed, but the firm’s user base and processing volume highlight rapid traction. Management intends to deploy the newly raised funds toward product development, regulatory licensing, and go-to-market initiatives across neighboring countries.
- YNMO
Participated · Equity · Dec 2024
YNMO provides an integrated platform that organizes rehabilitation and educational services for children with disabilities and their families. Specialists use the platform to develop advanced rehabilitation and educational programs based on best practices, supported by AI technology. The platform also gives parents access to support and consultations through a large network of specialists in behavioral therapy, speech and language therapy, and psychological therapy. Founded in 2017 by Dr. Fahad Al-Nemary, Dr. Abdullah Murad, and Dr. Faisal Al-Nemary, YNMO aims to strengthen partnerships with institutions across the Gulf region. The company says the new investment will enable it to expand services, introduce new features, and deepen institutional partnerships. Financially, YNMO completed a $5.0M funding round in December 2024 to support these growth initiatives.