Based on stories of several European venture founders, there were basically no PE/VC funds and infrastructure in Saudi Arabia in the beginning of 2010s. But during the last 10 years it has changed only in a good way. Those who risked several years ago are rewarded now with double digit ROI. And still even if you enter KSA venture capital market now, you are still in for potential high growth numbers as KSA venture capital financing is forecasted to reach more than $500 million in the next 6 years. KSA (being on 2nd place in PE/VC investments) is on the race with UAE to find and fund its local unicorns, while comfortably investing in global unicorns mostly in US. As for the angel investments as usual in MENA region there are numerous angel investors that are interested in KSA (nearly 6000 angels as shown by angel.co).