Sukna Ventures
Sukna Ventures is the technology investment arm of Sukna Capital in Saudi Arabia, founded in 2022. It invests in more than 20 startups, including Classera and MoneyHash, with a focus on digital infrastructure, fintech and logistics.
About Sukna Ventures
Sukna Ventures works as the technology investment arm within Sukna Capital, a licensed Saudi investment platform launched in 2024. In July 2025 it announced a plan to invest more than $80 million in startups in Saudi Arabia and the Middle East by the end of 2025. Its portfolio companies include Classera, Protenia, Mazen and MoneyHash.
The official website was not available at the time of verification. Unofficial sources name other partners (such as Waleed Albalaa), with no confirmation from an official source.
From its portfolio
Classera
An e-learning platform for schools, universities and ministries: classes, assignments, exams and virtual classrooms
- Stage
- Series A
- Raised
- $40M
- Founded
- 2011
- City
- Jeddah
MOZN
An enterprise AI company that fights fraud and money laundering and matches names across Arabic and English
- Stage
- Series A
- Raised
- $10M
- Founded
- 2017
- City
- Riyadh
Team
- Fares BardeesiCEO, Sukna Capital