Khwarizmi Ventures

Khwarizmi Ventures is a venture capital firm based in Riyadh, Saudi Arabia, established in 2018. The firm specializes in early-stage investments, focusing on startups with proven traction in the MENA and GCC regions. It targets sectors such as digital e-commerce, financial services, fintech, and software, emphasizing scalable opportunities and innovative ideas that utilize algorithms and technology. Khwarizmi Ventures manages Fund I, launched in August 2021, with a size of $5-10 million and assets under management of $70 million. The firm has made 43 investments and achieved 3 portfolio exits.