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Investors
Venture capital

Palm Ventures

Saudi venture capital firm with offices in Riyadh, Jeddah and Amman that invests in early-stage technology companies across MENA, mainly in AI, fintech and B2B solutions. In 2025 it announced the initial close of Palm Ventures Fund I, a $30 million fund with an allocation for US AI companies.

Checked against its own site on 18 October 2026.

Run by
Private
Type
Venture capital
City
Riyadh
Based
In Saudi Arabia
How to approach
Pitch by email
Backed
Nearpay · Rewaa · FIFOPlus
Stages
Seed · Series A
Sectors
AI · Fintech · Software
Last active
December 2025 · Joined Saudi retail-software company Rewaa's $45 million Series B