# Growth investors in MENA (2026 list)

> 29 growth investors in MENA, 93% active in the last 12 months. Led by Y Combinator, 500 Global, HSG. Ranked by what they funded.

Source: https://millionrounds.com/lists/growth-investors-in-mena (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Growth investors in MENA

Updated 7 November 2026

Firms we have watched take part in a growth round raised by a company in MENA in the last two years, wherever the firm is based.

[See all 29 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fgrowth-investors-in-mena)The top 25

**29** investors on the list *+1* this week

**1,328** cheques in 12 months *-16%* against the market

**$50M** median round they joined *+525%* against the market median

**93%** wrote a cheque in 12 months

**69%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (23)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 2026** last seen
- 3 [HSG](https://millionrounds.com/fund/hsg) *Deploying now* VC firm · Hong Kong SAR China **498** **$31M** median round **Oct 2026** last seen
- 4 [Wellington Management](https://millionrounds.com/fund/wellington-management) *Deploying now* VC firm · United States **297** **$130M** median round **Oct 2026** last seen
- 5 [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) *Deploying now* Government · United States **283** **$39M** median round **Oct 2026** last seen
- 6 [Sanofi](https://millionrounds.com/fund/sanofi) *Deploying now* Investment firm · France **97** **$60M** median round **Aug 2026** last seen
- 7 [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd) *Deploying now* Private equity · United Kingdom **91** **$35M** median round **Nov 2026** last seen
- 8 [Mubadala](https://millionrounds.com/fund/mubadala) *Deploying now* Private equity · United Arab Emirates **91** **$80M** median round **Sept 2026** last seen
- 9 [Shorooq Partners](https://millionrounds.com/fund/shorooq-partners) *Deploying now* VC firm · United Arab Emirates **66** **$6M** median round **Nov 2026** last seen
- 10 [54 Collective](https://millionrounds.com/fund/54-collective) *Deploying now* VC firm · South Africa **51** **$450K** median round **Dec 2025** last seen
- 11 [Novastar Ventures](https://millionrounds.com/fund/novastar-ventures) *Deploying now* VC firm · United Kingdom **10** **$24M** median round **Sept 2026** last seen
- 12 [Blue Pool Capital](https://millionrounds.com/fund/blue-pool-capital) *Deploying now* Private equity · Hong Kong SAR China **7** **$66M** median round **Sept 2026** last seen
- 13 [Development Partners International](https://millionrounds.com/fund/development-partners-international) quiet Private equity · United Kingdom **4** **$139M** median round **Oct 2025** last seen
- 14 [Lorax Capital Partners](https://millionrounds.com/fund/lorax-capital-partners) *Deploying now* Private equity · Egypt **4** **$120M** median round **Jul 2026** last seen
- 15 [Apis Partners](https://millionrounds.com/fund/apis-partners) *Deploying now* Private equity · United Kingdom **3** **$158M** median round **May 2026** last seen
- 16 [Arbor Ventures](https://millionrounds.com/fund/arbor-ventures) *Deploying now* VC firm · Singapore **3** **$129M** median round **Sept 2026** last seen
- 17 [Lunate](https://millionrounds.com/fund/lunate) *Deploying now* Growth equity · United Arab Emirates **3** **$180M** median round **Jan 2026** last seen
- 18 [Artal Capital](https://millionrounds.com/fund/artal-capital) *Deploying now* Private equity · Saudi Arabia **2** **$19M** median round **Oct 2026** last seen
- 19 [Olayan Financing Company](https://millionrounds.com/fund/olayan-financing-company) *Deploying now* Growth equity · Saudi Arabia **2** **$87M** median round **Feb 2026** last seen
- 20 [Sanabil](https://millionrounds.com/fund/sanabil) *Deploying now* Fund of funds · Saudi Arabia **2** **$49M** median round **Sept 2026** last seen
- 21 [Admaius Capital Partners](https://millionrounds.com/fund/admaius-capital-partners) *Deploying now* Private equity · Rwanda **1** **$40M** median round **Oct 2026** last seen
- 22 [Johnson & Johnson Impact Ventures](https://millionrounds.com/fund/johnson-and-johnson-impact-ventures) *Deploying now* Corporate VC · United States **1** **-** median round **Dec 2025** last seen
- 23 [National Infrastructure Fund (Infra)](https://millionrounds.com/fund/national-infrastructure-fund-infra) *Deploying now* Government · Saudi Arabia **1** **$1.2B** median round **Jan 2026** last seen
- 24 [Philips Foundation](https://millionrounds.com/fund/philips-foundation) *Deploying now* Growth equity **1** **-** median round **Dec 2025** last seen
- 25 [GB Corp](https://millionrounds.com/fund/gb-corp) quiet Growth equity **1** **$158M** median round **Mar 2025** last seen

**4 more on this list**

All 29 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fgrowth-investors-in-mena)

## The Newest Cheques

Rounds this list's investors joined most recently

- **4** Nov **[Journify](https://millionrounds.com/company/journify)** Series A · $12M *With* [Shorooq Partners](https://millionrounds.com/fund/shorooq-partners)
- **3** Nov **[Scatec](https://millionrounds.com/company/scatec)** Debt · $217M *With* [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd)
- **30** Oct **[Neuron Industries](https://millionrounds.com/company/neuron-industries)** Seed · $10M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)
- **29** Oct **[ABA Life](https://millionrounds.com/company/aba-life)** Growth · $40M *Led by* [Admaius Capital Partners](https://millionrounds.com/fund/admaius-capital-partners)
- **29** Oct **[Reflex](https://millionrounds.com/company/reflex)** Series A · $14M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)
- **28** Oct **[Broccoli AI](https://millionrounds.com/company/broccoli-ai)** Series B · $52M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator)

## Stages This Year

1,283 rounds

- Venture **25%**
- Pre-seed **20%**
- Seed **15%**
- Series A **13%**
- Series B **6%**
- Other **21%**

## What They Backed

Sectors, last 12 months

- AI **624**
- Fintech **91**
- Biotech **71**
- Big Data & Analytics **70**
- Financial Services **59**
- Healthcare **57**

## Cheques by Quarter

Led Joined

417 Q1 25

367 Q2 25

473 Q3 25

475 Q4 25

438 Q1 26

375 Q2 26

254 Q3 26

45 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Series A investors in North America 2,451](https://millionrounds.com/lists/series-a-investors-in-north-america)
- [Seed investors in North America 2,422](https://millionrounds.com/lists/seed-investors-in-north-america)
- [Seed investors in Europe 1,730](https://millionrounds.com/lists/seed-investors-in-europe)
- [Series B investors in North America 1,704](https://millionrounds.com/lists/series-b-investors-in-north-america)
- [Series A investors in Europe 1,419](https://millionrounds.com/lists/series-a-investors-in-europe)
- [Growth investors in North America 1,382](https://millionrounds.com/lists/growth-investors-in-north-america)
- [Series C investors in North America 1,011](https://millionrounds.com/lists/series-c-investors-in-north-america)
- [Pre-seed investors in North America 877](https://millionrounds.com/lists/pre-seed-investors-in-north-america)
- [Series B investors in Europe 871](https://millionrounds.com/lists/series-b-investors-in-europe)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders at Series B and scaling

- Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies Reid Hoffman · 2018 3.95 from 7,118 ratings on Goodreads Scaling and operations Leading and managing Moats and competition About the book Foreword by Bill Gates LinkedIn cofounder, legendary investor, and host of the award-winning Masters of Scale podcast reveals the secret to starting and scaling massively valuable companies. What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or… On AmazonListen on Audible
- One Page Talent Management: Eliminating Complexity, Adding Value Marc Effron · 2010 4.00 from 311 ratings on Goodreads Leading and managing Hiring and culture Scaling and operations About the book A Revolutionary Approach to Talent Management You know that winning in today’s marketplace requires top quality talent. You also know what it takes to build that talent, and you spend significant financial and human resources to make it happen. Yet somehow, your company’s… On AmazonListen on Audible
- The Culture Code: The Secrets of Highly Successful Groups Daniel Coyle · 2017 4.24 from 37,412 ratings on Goodreads Hiring and culture Leading and managing About the book What do Pixar, Google and the San Antonio Spurs basketball team have in common?The answer is that they all owe their extraordinary success to their team-building skills. In The Culture Code, Daniel Coyle goes inside some of the most effective organisations in the world and… On AmazonListen on Audible
- Scaling Up: How a Few Companies Make It...and Why the Rest Don't Verne Harnish · 2014 4.16 from 6,229 ratings on Goodreads Scaling and operations Leading and managing About the book Winner of the 2015 International Book Awards for General Business Winner of the 2015 National Indie Excellence Award for General Business Winner of the 2015 Readers' Favorite International Book Award Gold Medal for Non-Fiction Business Winner of the 2015 Paris Book… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=scaling).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about growth investors in MENA

### Who are the most active growth investors in MENA?

By cheques observed, the most active are Y Combinator, 500 Global, HSG, Wellington Management and International Finance Corporation.

### How many growth investors in MENA are there?

29 are on record. 93% made an investment in the last 12 months and 69% have led a round.

### Which stages do growth investors in MENA back?

Of the rounds with a named stage in the last 12 months, mostly Pre-seed (29%) and Seed (21%).

### How big are the rounds growth investors in MENA join?

The typical (median) round among the leading investors here is $60M.

### Which sectors do growth investors in MENA back most?

In the last 12 months, mostly AI, Fintech and Biotech.

### Which growth investors in MENA lead the most rounds?

Wellington Management (15 led), International Finance Corporation (12 led) and Y Combinator (11 led).

### Where are growth investors in MENA based?

Among the most active, most are based in the United States (5), the United Kingdom (4) and Saudi Arabia (4).

### What have growth investors in MENA invested in recently?

Recent rounds include Journify (Series A, Nov 2026, with Shorooq Partners), Scatec (Debt, Nov 2026, with European Bank for Reconstruction and Development) and Neuron Industries (Seed, Oct 2026, with Y Combinator).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)