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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?

Mantas

Dubai, Dubai, United Arab Emirates

Mantas tackles the critical issue of cloud downtime for businesses by providing parametric insurance coverage and risk guard services.

Commercial InsuranceInsuranceInsurTech
SeedJan 27, 2026
Amount Raised: $1,770,000
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

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