Palm Ventures: A top-tier venture capital firm investing in early-stage B2B and fintech startups, shaping a brighter future.
Location
Riyadh, Riyadh Province, SA
Founded
2014
Palm Ventures focuses on early-stage B2B solutions and fintech startups in the MENA region. The firm primarily invests in seed rounds, aiming to support the industry leaders of tomorrow. Palm Ventures offers more than just funding, providing exceptional support and access to a crucial network for their portfolio companies.
Originally established as a business unit under a consultancy firm in 2014, Palm Ventures evolved into a standalone company in 2021. The firm has supported over 25 founders and startups, and has assisted various government institutions in fulfilling their innovation-commercialization mandates. Notable portfolio companies include Nifty Souq, which has raised $1.5 million. Palm Ventures brings together over 30 investors and advisors, creating a robust ecosystem for startup growth.
Palm Ventures - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies1
Current Portfolio Count1
Top Investment Stages
Seed1 (100.0%)
Stage Mix
Seed 100%
Concentration shown as share of disclosed investments by stage.