Takamul Ventures is the venture investment arm of Takamul Holding. It was launched at the LEAP 2024 conference with a SAR 200 million fund and invests in tech startups in the Middle East and Africa. Its portfolio includes Lean and Lucidya.
About Takamol Ventures
Takamul Ventures invests in tech companies in the Middle East and Africa with an interest in fintech and AI, and gives its companies access to Takamul's resources and network. It joined NVIDIA's venture capital alliance program and signed a collaboration with Plug and Play. It invested in Lean Technologies in its Series B extension in March 2025, and took part in Lucidya's Series B round in 2025.
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What it invests in
- Sectors
- Fintech, AI
- Fund size (Takamol Ventures fund (SAR 200M))
- $53.3M (2024) Source
From its portfolio
Lean Technologies
Open banking and payments infrastructure that connects financial apps to banks through a single API
- Stage
- Series B
- Raised
- $104M
- Founded
- 2019
- City
- Riyadh
Lucidya
A Saudi AI-powered customer experience management platform that analyzes Arabic content across its dialects
- Stage
- Series B
- Raised
- $37.1M
- Founded
- 2016
- City
- Riyadh
Team
- Manaf KayalCEO