Venture Capital

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Khwarizmi Ventures

Khwarizmi Ventures is a venture capital fund investing in early-stage startups with seed to series A funding. Founded in 2018 in Dammam, Saudi Arabia, the...

Khwarizmi Ventures logo

Khwarizmi Ventures

Khwarizmi Ventures is a venture capital fund investing in early-stage startups with seed to series A funding. Founded in 2018 in Dammam, Saudi Arabia, the company targets the Middle East and North Africa region. It has made 52 investments, including a Series A investment in SiFi on February 09, 2026.

General information

Firm type

Venture Capital

Year founded

2018

Location

Region

Middle East

Country

Saudi Arabia

City

Dammam

Corporate office

Dammam, Saudi Arabia

Additional offices

Riyadh, Saudi Arabia

Principals

Abdulaziz Al-Turki

Founder & Managing Partner

Sector focus

Enterprise SoftwareAI/MLFinTechDigital HealthLogistics & Supply ChainEdTechE-commerce

Frequently asked questions

How does Khwarizmi Ventures source proprietary deal flow?

The firm leverages Al-Turki's deep roots in the Eastern Province business community and the broader Saudi entrepreneurial ecosystem. Khwarizmi Ventures also benefits from its early-mover positioning in Dammam and Riyadh, where it built relationships with founders before the Saudi venture market saw an influx of international capital beginning in 2020. Co-investor relationships with STV, Raed Ventures, and other regional players provide additional referral pipelines.

What investment stages does Khwarizmi Ventures typically target?

The firm focuses on pre-seed and seed-stage rounds, writing first checks into technology startups. It also participates in follow-on rounds for existing portfolio companies that demonstrate strong product-market fit and revenue traction. Khwarizmi Ventures does not market itself as a growth-stage or late-stage investor, keeping its strategy concentrated on early entry points where ownership stakes are highest.

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