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Oqal

Asia, Ar Riyad, Saudi Arabia, Riyadh

Description

A group of young entrepreneurs to connect young people with ideas.

Investor Profile

Oqal has backed more than 7 startups, with 2 new investments in the last 12 months alone. The firm has led 1 rounds, about 14% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Non Equity Assistance, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United Arab Emirates, Egypt, Saudi Arabia.
  • Strong thematic focus on eSports, Gaming, Mobile Payments.

Stage Focus

  • Seed (71%)
  • Non Equity Assistance (14%)
  • Pre Seed (14%)

Country Focus

  • United Arab Emirates (29%)
  • Egypt (29%)
  • Saudi Arabia (29%)
  • Tunisia (14%)

Industry Focus

  • Esports
  • Gaming
  • Mobile Payments
  • Telecommunications
  • Fitness
  • Health Care
  • Wellness
  • Apps
  • Digital Entertainment
  • Education
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Oqal frequently co-invest with?

Dubai Angel Investors
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 1
A
Africa, Lagos, Nigeria, Lagos
Co-Investments: 1
Aurelia Ventures
North America, California, United States, Palo Alto
Co-Investments: 1
Jedar Capital
North America, New York, United States, New York
Co-Investments: 1
Oman Technology Fund
Asia, Masqat, Oman, Muscat
Co-Investments: 2
Flat6Labs Egypt
Africa, Al Jizah, Egypt, Gîza
Co-Investments: 1
UI Investments
Africa, Al Qahirah, Egypt, Cairo
Co-Investments: 1
Delta Partners
Europe, Dublin, Ireland, Leopardstown
Co-Investments: 1
S5
North America, California, United States, San Francisco
Co-Investments: 2
LoftyInc Capital
Africa, Lagos, Nigeria, Ikeja
Co-Investments: 1

Which angels does Oqal often collaborate with?

IA
Asia, Makkah, Saudi Arabia, Jeddah
Shared Deals: 1
Ali Rampurwala
Asia, Abu Dhabi, United Arab Emirates
Shared Deals: 1

What are some of recent deals done by Oqal?

Nqoodlet

Riyadh, Ar Riyad, Saudi Arabia

Nqoodlet is a fintech company that develops an expense management platform for small and medium-sized enterprises to manage their spending.

FinanceFinancial ServicesFinTechSmall and Medium Businesses
SeedMay 4, 2025
Amount Raised: $3,000,000
TruBuild

Riyadh, Ar Riyad, Saudi Arabia

Trubuild is an AI-driven platform - Bridging the gap between contracts and construction worlds

Construction
SeedApr 15, 2025
Amount Raised: $1,000,000
Beekeeper Tech

Tunis, Tunis, Tunisia

Beekeeper Tech develops SmartBee Devices for beekeepers that helps in monitoring of hive productivity and hive health.

AgTech
SeedNov 15, 2022
Amount Raised: $640,000
Otida

Cairo, Al Qahirah, Egypt

Otida is an app that acts as a nutritionist, a fitness coach and physician, among other roles, for patients with diabetes.

FitnessHealth CareWellness
Pre SeedMar 28, 2022
Amount Raised: $340,000
Galactech Studio

Dubai, Dubai, United Arab Emirates

Galactech is a gaming startup building gaming Super App for users allowing them to access multiple gaming services at the same time.

eSportsGamingMobile PaymentsTelecommunications
Non Equity AssistanceJan 16, 2021
Wuilt

6 October City, Al Jizah, Egypt

Wuilt is a website builder where you can create your own Arabic website in under 5 minutes.

ContentInternetWeb DesignWeb Development
SeedNov 17, 2020
Amount Raised: $535,000
QIDZ LLC

Dubai, Dubai, United Arab Emirates

QiDZ is a mobile platform that allows parents to find, plan, and book kid-friendly activities.

AppsDigital EntertainmentEducationMobileMobile AppsSoftware
SeedDec 1, 2019
Amount Raised: $1,000,000