Arzan Venture Capital (Arzan VC) is the first private venture capital firm in Kuwait and one of the most active VCs in the MENA region. Since 2013, it has been investing in young, fast-growing, and innovative tech startups at an early stage, with 45+ portfolio companies across the MENA region.
Their most common stage is series-a (44% of deals). Average disclosed round size is $20.6M (across 14 rounds with reported amounts).
Portfolio
15
Fund Size
—
Top Stage
Series A
Last 12 Mo
0
Team
HZ
Hasan Zainal
Founder & Managing Partner
AT
Ahmad Takatkah
Venture Capital
AK
Asia Kabel, CFA
Investment Manager
LZ
Laith Zraikat
VC
NE
Noha El Sherif
VC
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
16 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Yozo | Pre-Seed | $1.7M | Jan 2026 |
 Hala | Series B | $157M | Jan 2025 |
 Gameball | Seed | $3.5M | Jan 2023 |
| RRetailo App | Series A | $15M | Jan 2023 |
 Lucky | Series A | $25M | Jan 2022 |
| KKhazenly | Seed | $2.5M | Jan 2022 |
 Retailo | Seed | $6.7M | May 2021 |
 Zid | Series A | $7M | Jan 2021 |
| FFlexxPay | Seed | $1.5M | Jan 2019 |
 SWVL | Series B | — | Nov 2018 |
 Wrappup | Unknown | $800K | Jan 2016 |
 Lucky | Series A | $25M | — |
| LLucky App | Series A | $25M | — |
 Nearpay | Series A | $14M | — |
| FFlexxPay | Series A | $3M | — |
 Shieldfy | Pre-Seed | — | — |
Top Co-Investors
Endeavor4 shared
Disruptech4 shared
PayU3 shared
VentureSouq3 shared
500 Global3 shared
Shorooq Partners3 shared
BECO Capital2 shared
Wa'ed Ventures2 shared
Wamda Capital2 shared
Sanabil Investments2 shared
Cedar Mundi Ventures2 shared
Nclude2 shared
AgFunder2 shared
VNV Global1 shared
Silicon Badia1 shared
Dash Fund1 shared
Sway Capital1 shared
Impact461 shared
Kaltaire Investments1 shared
QED1 shared
Last updated: 7 October 2026