# Seed investors in MENA (2026 list) > 173 seed investors in MENA, 66% active in the last 12 months. Led by Y Combinator, 500 Global, Plug and Play. Ranked by what they funded. Source: https://millionrounds.com/lists/seed-investors-in-mena (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Seed investors in MENA Updated 7 November 2026 Firms we have watched take part in a seed round raised by a company in MENA in the last two years, wherever the firm is based. [See all 173 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseed-investors-in-mena)The top 25 **173** investors on the list *+11* this week **2,365** cheques in 12 months *-18%* against the market **$4M** median round they joined *-50%* against the market median **66%** wrote a cheque in 12 months **49%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (25) - 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 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen - 4 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen - 5 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen - 6 [SOSV](https://millionrounds.com/fund/sosv) *Deploying now* VC firm · United States **951** **$2.5M** median round **Nov 2026** last seen - 7 [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) *Deploying now* VC firm · United States **636** **$7M** median round **Oct 2026** last seen - 8 [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) *Deploying now* VC firm · Germany **461** **$7M** median round **Oct 2026** last seen - 9 [Lux Capital](https://millionrounds.com/fund/lux-capital) *Deploying now* VC firm · United States **445** **$30M** median round **Nov 2026** last seen - 10 [Northzone](https://millionrounds.com/fund/northzone) *Deploying now* VC firm · United Kingdom **240** **$22M** median round **Oct 2026** last seen - 11 [Rebel Fund](https://millionrounds.com/fund/rebel-fund) *Deploying now* VC firm · United States **201** **$2.4M** median round **Oct 2026** last seen - 12 [Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) *Deploying now* VC firm · United States **190** **$5M** median round **Sept 2026** last seen - 13 [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) *Deploying now* VC firm · United States **154** **$12M** median round **Sept 2026** last seen - 14 [Newfund Capital](https://millionrounds.com/fund/newfund) *Deploying now* VC firm · France **144** **$3.4M** median round **Sept 2026** last seen - 15 [Visa](https://millionrounds.com/fund/visa) *Deploying now* Corporate VC · United States **123** **$7.5M** median round **Oct 2026** last seen - 16 [Orbit Ventures](https://millionrounds.com/fund/orbit-ventures) *Deploying now* VC firm · Singapore **118** **$959K** median round **Sept 2026** last seen - 17 [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2) *Deploying now* Growth equity · United States **96** **$3M** median round **Oct 2026** last seen - 18 [Launch Africa](https://millionrounds.com/fund/launch-africa-ventures) *Deploying now* VC firm · Mauritius **96** **$1.1M** median round **Nov 2026** last seen - 19 [Vision Ventures](https://millionrounds.com/fund/vision-ventures) *Deploying now* VC firm · Saudi Arabia **91** **$3.9M** median round **Sept 2026** last seen - 20 [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) *Deploying now* Government · United Kingdom **84** **$20M** median round **Nov 2026** last seen - 21 [VentureSouq](https://millionrounds.com/fund/venturesouq) *Deploying now* VC firm · United Arab Emirates **83** **$6.5M** median round **May 2026** last seen - 22 [LAUNCH](https://millionrounds.com/fund/launch) *Deploying now* Accelerator · United States **82** **$5M** median round **Oct 2026** last seen - 23 [Quona Capital](https://millionrounds.com/fund/quona-capital) *Deploying now* VC firm · United States **80** **$16M** median round **Nov 2026** last seen - 24 [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) *Deploying now* VC firm **79** **$10M** median round **Nov 2026** last seen - 25 [LoftyInc Capital](https://millionrounds.com/fund/loftyinc-capital) *Deploying now* VC firm · Nigeria **73** **$2.3M** median round **May 2026** last seen **148 more on this list** All 173 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%2Fseed-investors-in-mena) ## The Newest Cheques Rounds this list's investors joined most recently - **6** Nov **[Water Ledger Global](https://millionrounds.com/company/water-ledger-global)** Other *With* [Launch Africa](https://millionrounds.com/fund/launch-africa-ventures) - **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel) - **5** Nov **[Lombard Systems](https://millionrounds.com/company/lombard-systems)** Seed · $4M *Led by* [Ethereal Ventures](https://millionrounds.com/fund/ethereal-ventures) - **5** Nov **[RadianX](https://millionrounds.com/company/radianx)** Seed · $9M *Led by* [SOSV](https://millionrounds.com/fund/sosv) - **4** Nov **[Enza](https://millionrounds.com/company/enza)** Seed · $6M *Led by* [4DX Ventures](https://millionrounds.com/fund/4dx-ventures) - **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play) ## Stages This Year 2,025 rounds - Venture **21%** - Seed **21%** - Series A **16%** - Pre-seed **15%** - Series B **8%** - Other **20%** ## What They Backed Sectors, last 12 months - AI **1,032** - Fintech **187** - Big Data & Analytics **107** - Healthcare **104** - Financial Services **100** - Biotech **75** ## Cheques by Quarter Led Joined 736 Q1 25 741 Q2 25 832 Q3 25 801 Q4 25 726 Q1 26 653 Q2 26 495 Q3 26 164 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 seed - The Elements of User Experience: User-Centered Design for the Web Jesse James Garrett · 2002 4.01 from 4,134 ratings on Goodreads Finding product-market fit Company building About the book Smart organizations recognize that Web design is more than just creating clean code and sharp graphics. A site that really works fulfills your strategic objectives while meeting the needs of your users. Even the best content and the most sophisticated technology won't help you… On AmazonListen on Audible - Get Backed: Craft Your Story, Build the Perfect Pitch Deck, and Launch the Venture of Your Dreams Evan Baehr · 2015 4.36 from 356 ratings on Goodreads Raising money Company building About the book HOW DO YOU LAUNCH THE VENTURE OF YOUR DREAMS? Get Backed isn’t just about startup fundraising. It’s a handbook for anyone who has an idea and needs to build relationships to get it off the ground. Over the last 3 years, entrepreneurs Evan Loomis and Evan Baehr have… On AmazonListen on Audible - Selling the Invisible: A Field Guide to Modern Marketing Harry Beckwith · 1997 3.94 from 10,059 ratings on Goodreads Marketing and growth First sales Company building About the book You can't touch, hear, or see your company's most important products... So how do you sell, develop, make them grow? That's the problem with services. This "phenomenal" book, as one reviewer called it, answers that question with insights on how markets work and how prospects… On AmazonListen on Audible - 80/20 Sales and Marketing: The Definitive Guide to Working Less and Making More Perry Marshall · 2013 4.19 from 1,904 ratings on Goodreads First sales Marketing and growth Company building About the book Stop "Just Getting By"... Master The 80/20 Principle And Make More Money Without More Work. When you know how to walk into any situation and see the 80/20's, you can solve almost ANY marketing problem. 80/20 can demolish any sales and advertising problem. "If you don't know… On AmazonListen on Audible More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=seed). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about seed investors in MENA ### Who are the most active seed investors in MENA? By cheques observed, the most active are Y Combinator, 500 Global, Plug and Play, General Catalyst and Accel. ### How many seed investors in MENA are there? 173 are on record. 66% made an investment in the last 12 months and 49% have led a round. ### Which stages do seed investors in MENA back? Of the rounds with a named stage in the last 12 months, mostly Seed (29%) and Series A (21%). ### How big are the rounds seed investors in MENA join? The typical (median) round among the leading investors here is $5M. ### Which sectors do seed investors in MENA back most? In the last 12 months, mostly AI, Fintech and Big Data & Analytics. ### Which seed investors in MENA lead the most rounds? Accel (103 led), General Catalyst (97 led) and Lux Capital (20 led). ### Where are seed investors in MENA based? Among the most active, most are based in the United States (15), the United Kingdom (2) and Germany (1). ### What have seed investors in MENA invested in recently? Recent rounds include Water Ledger Global (Other, Nov 2026, with Launch Africa), Thinking Machines Lab (Other, Nov 2026, with Accel) and Lombard Systems (Seed, Nov 2026, with Ethereal Ventures). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)