The MENA region’s technology sector is entering a new era of growth. To fuel this momentum, anb Capital and Lexham Partners have launched a $200 million growth fund dedicated to supporting regional tech companies, with a sharp focus on Saudi Arabia.
Strategic Backing for MENA’s Tech Leaders
The fund will target growth-stage and pre-IPO technology companies. Investments will be structured through a mix of growth equity deals and secondary transactions, giving both startups and existing investors access to much-needed liquidity.
Priority will go to companies with:
- Strong fundamentals and proven revenue models
- Scalable platforms ready for expansion
- Alignment with Saudi Arabia’s Vision 2030 digital transformation agenda
By focusing on these pillars, the fund positions itself to accelerate the rise of category-defining companies capable of reaching global scale.
Partners Behind the Fund
anb Capital, founded in 2008, is a Saudi-based investment manager and a wholly owned subsidiary of anb. Regulated by the Capital Market Authority (CMA), it offers a full suite of financial services including:
- Asset management
- Investment banking
- Brokerage services
- Private wealth management
- Private equity and real estate solutions
Meanwhile, Lexham Partners, founded by Dominic Perks in London, brings deep experience in venture capital and growth investments, particularly in scaling technology-driven businesses.
Unlocking Growth Capital at Scale
According to Perks, the timing couldn’t be better.
“The MENA region is entering a golden era for growth investing. We see a powerful combination of entrepreneurial talent, capital inflows, and structural reforms creating exceptional opportunities. This fund gives us the scale to partner with ambitious founders and help them build businesses of global significance.”
Beyond financial returns, the fund also has a broader mission:
- Mobilizing institutional capital to unlock financing for ambitious founders
- Deepening the venture ecosystem by connecting startups, investors, and markets
- Advancing capital markets across the region in line with Vision 2030 goals
Why This Matters for Saudi Arabia
Saudi Arabia is fast becoming a regional hub for technology and venture capital. With its growing talent base, government reforms, and strong private sector backing, the Kingdom is well-positioned to lead MENA’s tech wave.
This new $200M fund is not just capital—it’s an enabler of innovation, scale, and sustainability. By bridging ambitious founders with institutional investors, it seeks to shape the next decade of digital growth across the region.