anb capital is the investment arm of the Arab National Bank, based in Riyadh. It invests in startups through the anb Seed fund, and in 2025 announced a $200 million growth fund with Lexham Partners for technology companies.
About anb capital
anb Seed, the venture arm of anb capital, invests in early-stage technology startups. In September 2025 it led a $5 million pre-Series A round for Spear, an open banking company. Also in September 2025, anb capital announced with London-based Lexham Partners a $200 million fund targeting growth-stage and pre-IPO technology companies in the region, with a focus on Saudi Arabia, through secondary deals and growth investments.
Licensed by the Capital Market Authority. We did not find a source for the size of the anb Seed fund.
What it invests in
- Stages
- Seed, Growth
- Sectors
- All sectors
- Fund size (Growth fund with Lexham Partners (target))
- $200M (2025-09) Source
