Rua Growth Fund

Investor type

PE / VC

Founded

2020

AUM

$5 M

Location

Riyadh, Riyadh Province, Saudi Arabia

Investment Ticket

$10-50 m

Investment Stage

Seed Series B Series A

Region of investment

Middle East North America
Investor profile last updated: 21 August, 2026

Profile

Based in Riyadh, Rua is a VC fund dedicated to investing in visionary founders driving technological innovation in Saudi Arabia and the MENA region. Leveraging our strategic partnerships with OBIC and iMENA, we provide not only capital but also strategic guidance and industry expertise to help startups scale and succeed.

With a deep understanding of the local market and a commitment to fostering innovation, Rua is at the forefront of the tech revolution in the MENA region. We are dedicated to building a vibrant ecosystem where founders can thrive and create a lasting impact.

Industry

Biotechnology Digital Education Edtech E-commerce/Marketplace Financial Services Fintech Food and Beverage Foodtech Hardware Marketing and Advertising SaaS Software Sports/SportsTech Blockchain/Crypto MedTech Technology Infrastructure CleanTech PropTech / ConTech Internet of Things (IoT) LegalTech HealthTech HRTech AdTech TravelTech AgriTech Femtech Deeptech Sextech ClimateTech Real Estate Transportation

Rua Growth Fund Funds

Name Type
Questionare
Industry
Questionare
Stage
Questionare
Region
Size AUM Launch date
Rua Growth Fund
Venture Capital (VC)
Financial Services
Fintech
Marketing and Advertising
Real Estate
SaaS
Software
Transportation
Pre-seed
Seed
Middle East
$5-10 m
$5 M
October 2024

Contacts

Name
Title
Email
avatar
Turki Aljoaib Managing Partner
Managing Partner
t•••@•••
avatar
Ali Al-Mubarak Investment Principal
Investment Principal
a•••@•••
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Investment-team contacts for Rua Growth Fund — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about Rua Growth Fund

Rua Growth Fund is a venture capital and private equity firm. It backs companies at Seed, Series B and Series A, writing tickets of $10-50 m.
Rua Growth Fund is located in Riyadh, Riyadh Province, Saudi Arabia.
Rua Growth Fund was founded in 2020.
Rua Growth Fund invests in companies and startups in Biotechnology, Digital, Education, Edtech, E-commerce/Marketplace, Financial Services, Fintech, Food and Beverage, Foodtech, Hardware, Marketing and Advertising, SaaS, Software, Sports/SportsTech, Blockchain/Crypto, MedTech, Technology, Infrastructure, CleanTech, PropTech / ConTech, Internet of Things (IoT), LegalTech, HealthTech, HRTech, AdTech, TravelTech, AgriTech, Femtech, Deeptech, Sextech, ClimateTech, Real Estate, Transportation.
Rua Growth Fund invests in companies and startups in Middle East, North America.
Rua Growth Fund invests in companies and startups at Seed, Series B, Series A.
Rua Growth Fund usually invests $10-50 m on average.
Rua Growth Fund has around $5m assets under management.
Rua Growth Fund last fund was created/launched in 2024-10-20
Rua Growth Fund can be reached through its website rua.vc, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Rua Growth Fund — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
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Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 21 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.