About Alturki Ventures
Alturki Ventures is a venture capital firm founded in 2018. It is primarily based out of Manama, Bahrain. As of Aug 2024, Alturki Ventures has invested in 9 companies. It primarily invests in Series A round in Saudi Arabia based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Consumer. Most recently it participated in the $***** Seed round of Mealplanet Overall, Alturki Ventures portfolio has seen 1 unicorn, 2 IPOs and 2 acquisitions including key companies like Klarna, Omada and Anduril. A lot of funds co-invest with Alturki Ventures, with names like Green Coast Investments sharing a substantial percentage of its portfolio. Alturki Ventures has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
Portfolio Unicorns
Alturki Ventures' List of Top Investments
Alturki Ventures has a portfolio of 9 companies, one of which is a Unicorn. Their most notable investments are in Mealplanet and Immensa.Their portfolio spans across United Kingdom, United States, Jordan and 4 more locations. They have invested in High Tech, Enterprise Applications, Consumer and 11 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Alturki Ventures:
1. Klarna
Developer of an online platform for point-of-sale financing. It enables users to purchase products within the partnered merchant network and split the cost of the purchase from the stores into interest-free payments and also works in-store. It also enables users to make instalment payments by credit or debit cards on retail purchases, receive price changes, and deal alerts. Its mobile application is available on Android and iOS platforms.
Key facts about Klarna
- Founded Year: 2005
- Location: Stockholm (Sweden)
- Stage: Public
- Total Funding till date: $4.19B
- Employee Count: 4,512 as on Sep 30, 2026
- Investors: Silver Lake, equitywestsecurities.com and 139 Others
- Latest Funding Round: Conventional Debt, Aug 21, 2025, $*****
- Highlight: Public
2. Omada
Provider of virtual care programs to manage chronic diseases. The company provides access to personal health coaches and specialists for virtual programs to deliver personalized interventions for prediabetes, diabetes, hypertension, and musculoskeletal issues.
Key facts about Omada
- Founded Year: 2011
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $450M
- Employee Count: 992 as on Sep 30, 2026
- Investors: Carriage House Rock, Perceptive Advisors and 45 Others
- Latest Funding Round: Series E, Feb 23, 2022, $*****
- Highlight: Public
3. Anduril
Provider of AI-driven defense and autonomous systems across air, land, sea, and space domains. It develops integrated platforms that enhance situational awareness, real-time decision-making, and operational effectiveness for defense and security applications. It delivers a range of autonomous systems and software-defined defense infrastructure, including surveillance systems, unmanned platforms, and command-and-control technologies designed to operate in complex and contested environments. Its solutions support modern military needs such as border security, force protection, and multi-domain mission coordination.
Key facts about Anduril
- Founded Year: 2017
- Location: Costa Mesa (United States)
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $11.3B
- Employee Count: 9,670 as on Jul 31, 2026
- Investors: Fidelity Investments, Baillie Gifford and 87 Others
- Latest Funding Round: Series H, May 13, 2026, $*****
- Highlight: Editors' Pick
4. Anghami
Online music streaming platform offering Arabic music. It provides a music catalog of licensed Arabic music content. Users can stream and download Arabic music based on artists and genres. It allows users to create personalized music playlists. The mobile app is available for Android and iOS devices. Generates revenue through subscriptions, advertisements, and in-app purchases.
Key facts about Anghami
- Founded Year: 2011
- Location: Jounieh (Lebanon)
- Stage: Acquired
- Total Funding till date: $2.75M
- Employee Count: 225 as on Sep 30, 2026
- Investors: Samena Capital, Alturki Ventures and 9 Others
- Latest Funding Round: Post IPO, Mar 19, 2024, $*****
- Highlight: Acquired
5. Immensa
Provider of digital inventory and additive manufacturing solutions for spare parts. The company assesses physical inventories for digitization and enables localized on-demand production. It transforms supply chains by creating digital twins of physical spare parts. The company stores these digital spare parts in a digital warehousing platform. This platform provides access to a spare parts library and enables local additive manufacturing.
Key facts about Immensa
- Founded Year: 2016
- Location: Dammam (Saudi Arabia)
- Stage: Series B
- Total Funding till date: $27M
- Employee Count: 105 as on Aug 31, 2026
- Investors: Alturki Ventures, Endeavor and 8 Others
- Latest Funding Round: Series B, Mar 09, 2026, $*****
- Highlight: Editors' Pick
Alturki Ventures' Year-on-Year Investment Trends
Alturki Ventures has invested in 9 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Mealplanet.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 1 | 0 | 1 |
Alturki Ventures' Investments by Stage
Alturki Ventures has made 1 investment in Seed stage with an average round size of $6M, 1 investment in Series A stage with an average round size of $7M and 1 investment in Series B stage.Stage of entry | No. of Investments |
|---|---|
Seed | 1 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Alturki Ventures' Investments by Sector
Alturki Ventures has a diverse portfolio, with companies operating in the Consumer, Energy Tech, Enterprise Applications, Food and Agriculture Tech and Gig Economy. Notably, it has invested in 9 Tech companies, 7 Enterprise (B2B) companies, 6 Software companies and at least 3 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 1 |
Energy Tech | 1 |
Enterprise Applications | 1 |
Food and Agriculture Tech | 1 |
Gig Economy | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Alturki Ventures' Investments by Geography
Alturki Ventures has made most investments in Saudi Arabia (1), followed by United Arab Emirates where it has made 1 investment.Country | No. of Investments |
|---|---|
Saudi Arabia | 1 |
United Arab Emirates | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Alturki Ventures' recent investments
Alturki Ventures has not made any investment in 2026 so far.Here are the most recent investments by Alturki Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 14, 2024 | United Arab Emirates | Seed | 1652 | ||
May 24, 2022 | United Kingdom | Series B | 5627 | - | |
Nov 09, 2021 | Saudi Arabia | Series A | 7928 | [+3] |
Unicorns in Alturki Ventures' Portfolio
Alturki Ventures has 1 unicorn in its portfolio - Anduril. The most recent unicorn in their portfolio is Anduril which became a unicorn in 2019, 7 years before Alturki Ventures first invested in it.Here is a list of unicorns in Alturki Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
76 | Provider of AI-driven defense and autonomous systems across air, land, sea, and space domains | 2017 | Costa Mesa | Series H | ykgrvov |
IPOs and Publicly Listed companies in Alturki Ventures' Portfolio
2 of Alturki Ventures' portfolio companies have become public. Klarna got listed on the New York Stock Exchange (NYSE), in Sep 2025 at marketcap of $15.1B and Omada got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $1.06B.Here are Alturki Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 10, 2025 | - | - | 1515 | |
Jun 06, 2025 | - | - | 4912 |
Acquired companies in Alturki Ventures' Portfolio
2 companies from Alturki Ventures' portfolio have been acquired. The most recent acquisition was Little Thinking Minds in Apr 2025 by Seesaw for $*****.Here are Alturki Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 15, 2025 | - | - | 9521 | |
Apr 02, 2024 | - | - | 3775 |
Team profile of Alturki Ventures
Alturki Ventures has a team of 2 members. Alturki Ventures' team does not sit on the board of any company as of now.Co-investors of Alturki Ventures
Over the past 5 years, 15 investors have co-invested in Alturki Ventures's portfolio companies. This includes funds and angels.
- Invested before Alturki Ventures: Energy Growth Momentum has invested before Alturki Ventures.
- Top Co-investors of Alturki Ventures: 10 investors entered a company along with Alturki Ventures. These include investors like Green Coast Investments (1 company).
- Invested after Alturki Ventures: A total of 4 investors have invested in Alturki Ventures's portfolio after their investments. Top Investors include Global Ventures (1 company), Endeavor (1 company) and Edgo (1 company).
Recent News related to Alturki Ventures
•
UAE foodtech startup MealPlanet secures $6m funding, eyes Saudi expansionArabian Business•Aug 14, 2024•Mealplanet, Middle East Venture Partners, AlTouq Group, Sanabil Investments and 3 others
•
Saudi's Alturki Ventures invests in UK's Acoustic DataTrade Arabia•May 24, 2022•Alturki Ventures, Acoustic Data
•
Immensa Secures $7 Million Series A Funding To Expand Capabilities In The Middle East3D Printing Industry•Nov 10, 2021•Immensa Technology Labs, ECP, Alturki Ventures, Shorooq Investments
