DAAL

DAAL Ventures is a venture capital firm based in Al Khobar, Saudi Arabia, founded in 2017. The firm focuses on investing in technology startups globally, with a strong emphasis on emerging markets, particularly in the MENA region, Saudi Arabia, Tunisia, and the Gulf Cooperation Council (GCC) area. As the corporate venture arm of Sumou Holdings, DAAL connects innovative IT opportunities with investors and provides strategic support for companies looking to expand into the Middle East. DAAL targets early-stage investments, typically ranging from $100,000 to $1 million, and has a track record of 21 investments, with a focus on scalable business models and innovative technology solutions.