Series A investors backing Dubai scale-ups in 2026

11 June 2026·7 min read

13 Dubai Series A investors fund scale-ups in 2026. BECO Capital, Global Ventures, and STV write the bigger growth cheques. MENA Series A and B activity drove funding up 92% to $1.5B in H1 2025.

Series A is where Dubai scale-ups raise their real growth money. BECO and Global Ventures lead most of these rounds.

Sovereign funds like Mubadala and Sanabil write the largest cheques. STV and Prosus back proven growth from across borders.

Series A VCs want strong revenue, clean metrics, and a path to scale. Ellty tracks every data room open from BECO, Mubadala, and STV reviewers.

This guide covers 13 active Dubai and MENA Series A investors writing cheques in 2026.

TypeCheck sizeSector focusWebsite
BECO CapitalSeries A / Growth VC$2.5M-$20MFintech, proptech, SaaS, consumerbecocapital.com
Global VenturesSeries A VC$500K-$5MFintech, digital health, agritechglobal.vc
Shorooq PartnersSeries A / Growth VC$1M-$8M+Fintech, SaaS, platforms, digital assetsshorooq.com
STVSeries A / Growth VC$10M-$50MSaaS, fintech, AI-native startupsstv.vc
Sanabil InvestmentsSovereign growth fund$2M-$50MFintech, AI, enterprise, logisticssanabil.com
e& capitalSeries A / B VC$5M-$30MFintech, enterprise apps, edtecheand.com
MubadalaSovereign growth fund$10M-$50MEnterprise software, AI, fintechmubadala.com
Prosus VenturesGrowth VC$4M-$20M+Fintech, marketplaces, edtechprosus.com
PartechSeries A / Growth VC$5M-$20M+Fintech, SaaS, infrastructure, climatepartechpartners.com
InvestcorpGrowth PE / VC$15M-$50MSoftware, data, cybersecurity, fintechinvestcorp.com
Aliph CapitalGrowth PE / VC$15M-$40MTech-enabled mid-market, consumeraliph.capital
Wamda CapitalSeed / Series A VC$250K-$2MFintech, e-commerce, logisticswamdacapital.com
MEVPSeries A / Growth VC$1M-$10MFintech, consumer tech, SaaS, healthtechmevp.com

Control your Dubai Series A raise

Series A VCs open your metrics and data room before the term sheet. Ellty logs every view.

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What a Series A investor wants

A Series A investor funds proven startups ready to scale, not just ideas. In Dubai that means real revenue and strong retention.

They write $3M to $20M and expect a clear road to Series B. Venture capital at this stage moves on hard numbers.

They check unit economics, growth rate, and a credible expansion plan. Founders pitching Series A investors in Dublin face the same bar.

Ellty gives each fund one trackable link and logs every open. You see who studied your metrics before the partner meeting.

$1.5B
MENA VC funding in H1 2025
Up 92% year on year, led by Series A and B
$2B
UAE startup funding raised across 218 deals in 2025
MENA's second-largest market by capital
~$9M
Average UAE Series A round size in 2025
Alaan's $48M was among the region's largest
13
Active Dubai and MENA Series A investors in this guide
From BECO and Global Ventures to MEVP in 2026
This fund represents a natural evolution of our platform and how we partner with founders across their full growth journey.
Mahmoud Adi, Founding Partner, Shorooq Partners, Abu Dhabi, 2026

13 Dubai Series A investors

1. BECO Capital

BECO Capital backs Dubai scale-ups with a $250M Growth Fund alongside its early-stage funds.

Recent Activity: Closed a $370M dual fund Sept 2025, committed $20M to Property Finder's $170M round Jan 2026

LinkedIn: BECO Capital LinkedIn

Sector Focus: Fintech, proptech, SaaS, consumer tech

Stage Focus: Series A, Series B, growth

Location: Dubai, UAE

Website: becocapital.com

2. Global Ventures

Global Ventures leads Series A rounds across MENA fintech, health, and AI from Dubai.

Recent Activity: Led Tarjama's $15M Series A in May 2025, raising Global Ventures III for MENA and Africa

LinkedIn: Global Ventures LinkedIn

Sector Focus: Fintech, digital health, agritech, SaaS

Stage Focus: Early traction to Series A

Location: Dubai, UAE

Website: global.vc

3. Shorooq Partners

Shorooq Partners runs a $200M QIA-backed growth fund for later-stage UAE scale-ups.

Recent Activity: Launched the $200M Qatalyst growth fund Feb 2026, runs a $100M AI fund with Presight

LinkedIn: Shorooq Partners LinkedIn

Sector Focus: Fintech, SaaS, platforms, digital assets

Stage Focus: Series A, growth

Location: Abu Dhabi / Dubai, UAE

Website: shorooq.com

4. STV

STV is the region's largest tech fund, writing big Series A and growth cheques.

Recent Activity: Backed Stake's $31M Series B Feb 2026 and Gathern's $72M round, runs a $100M AI fund

LinkedIn: STV LinkedIn

Sector Focus: SaaS, fintech, AI-native startups

Stage Focus: Growth, select early-stage

Location: Riyadh / UAE-active

Website: stv.vc

5. Sanabil Investments

Sanabil is PIF's investment arm and a major Series A to growth backer in MENA.

Recent Activity: Co-led Hala's $157M Series B with TPG in Sept 2025, deploys around $3B a year

LinkedIn: Sanabil Investments LinkedIn

Sector Focus: Fintech, AI, enterprise software, logistics

Stage Focus: Seed to growth

Location: Riyadh / UAE-active

Website: sanabil.com

6. e& capital

e& capital is the telecom group's VC arm, leading UAE Series A and B rounds.

Recent Activity: Co-led Fuze's $12.2M Series A May 2025, backed Clockwork's Series B in Sept 2025

LinkedIn: e& capital LinkedIn

Sector Focus: Fintech, enterprise apps, edtech, deep tech

Stage Focus: Series A to growth

Location: Abu Dhabi / Dubai, UAE

Website: eand.com

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Ellty shows when BECO or Mubadala opens your model and metrics. Follow up fast.

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7. Mubadala

Mubadala is Abu Dhabi's sovereign fund and a lead backer of UAE growth rounds.

Recent Activity: Led CredibleX's Series A in 2025 and Property Finder's $170M round in Jan 2026

LinkedIn: Mubadala LinkedIn

Sector Focus: Enterprise software, AI, fintech, digital health

Stage Focus: Series A, Series B, growth

Location: Abu Dhabi, UAE

Website: mubadala.com

8. Prosus Ventures

Prosus Ventures leads Series A and growth rounds across MENA fintech and marketplaces.

Recent Activity: Led Intella's $12.5M Series A Sept 2025, backed Thndr and UAE's Zest Equity in 2025

LinkedIn: Prosus LinkedIn

Sector Focus: Fintech, marketplaces, edtech, infrastructure

Stage Focus: Series A to growth

Location: Amsterdam / UAE-active

Website: prosus.com

9. Partech

Partech runs a Dubai office and backs MENA and Africa growth-stage founders.

Recent Activity: Active across MENA and Africa from its Dubai office with a 300M-euro growth fund

LinkedIn: Partech LinkedIn

Sector Focus: Fintech, SaaS, infrastructure, climate

Stage Focus: Venture, growth

Location: Dubai, UAE

Website: partechpartners.com

10. Investcorp

Investcorp is a GCC growth investor backing software and fintech scale-ups.

Recent Activity: Closed Technology Partners V at $570M, among the most active GCC growth investors in 2025

LinkedIn: Investcorp LinkedIn

Sector Focus: Software, data, cybersecurity, fintech

Stage Focus: Growth, lower-mid-cap

Location: Manama / Abu Dhabi, UAE

Website: investcorp.com

11. Aliph Capital

Aliph Capital is an ADQ-anchored growth fund backing tech-enabled mid-market firms.

Recent Activity: Runs a $250M Fund I anchored by ADQ, invested in PetHaus in July 2025

LinkedIn: Aliph Capital LinkedIn

Sector Focus: Tech-enabled mid-market, consumer, services

Stage Focus: Growth, mid-market

Location: Abu Dhabi, UAE

Website: aliph.capital

12. Wamda Capital

Wamda Capital backs MENA scale-ups through seed and Series A rounds from Dubai.

Recent Activity: Joined Tarjama's $15M Series A and Holo's $22M Series A, one of the GCC's largest in 2025

LinkedIn: Wamda Capital LinkedIn

Sector Focus: Fintech, e-commerce, logistics, consumer

Stage Focus: Seed to Series A

Location: Dubai, UAE

Website: wamdacapital.com

13. MEVP

MEVP is one of MENA's largest VCs, active across Series A and growth rounds.

Recent Activity: Runs $260M+ across five regional funds with offices in Dubai, Riyadh, and Abu Dhabi

LinkedIn: MEVP LinkedIn

Sector Focus: Fintech, consumer tech, SaaS, healthtech

Stage Focus: Early to growth

Location: Dubai, UAE

Website: mevp.com

Metrics that unlock Series A

Dubai Series A VCs fund proven traction, not just promise. They want strong revenue and steady, repeatable growth.

Expect hard questions on net revenue retention and payback. Weak unit economics stall most Series A rounds early.

Put your metrics, model, and cohort data in one virtual data room. Ellty then logs exactly who studied each shared file.

Run a financial due diligence pass before you raise. Series A VCs in Dubai probe your numbers very hard.

Growth capital in the Gulf

Sovereign funds make the Gulf unusual for growth capital. Mubadala and Sanabil write cheques most VCs can't match.

International funds like Prosus and Partech now lead MENA rounds. Foreign capital outpaced local money in late 2025.

Growth investors want clean governance and a credible board. Keep your investor relations tight from Series A on.

Run a commercial due diligence review before growth rounds. It maps closely to what STV and Mubadala ask in 2026.

From Series A to Series B

A clean Series A sets up your Series B two years later. The metrics you track now will decide that next round.

Keep board reporting, KPIs, and a live Ellty data room from day one. Investors reward founders who stay fully organized.

A strong pitch deck on growth and a path to profit wins the room. Ellty shows you which funds reopened it afterward.

Cross-border scale-ups use Dubai to reach Saudi growth capital. One strong round here often opens the next two doors.

How to pitch a Dubai Series A investor

Lead with revenue, retention, and a clear path to scale.

  1. 1.
    Show strong revenue and net revenue retention.
    Series A VCs fund proven traction, not ideas.
  2. 2.
    Bring clean unit economics and a growth plan.
    Weak margins stall most Series A rounds.
  3. 3.
    Get a warm intro from a seed VC or founder.
    Cold decks rarely reach Series A partners.
  4. 4.
    Share one Ellty link per fund and track opens.
    Follow up when a partner studies your metrics.

How Ellty helps you land a Series A investor in Dubai

You've found your Dubai Series A VCs already. Set up a data room before your first pitch.

  1. 1.
    Upload your deck, model, and metrics to Ellty.
    Set NDA-gated access per Series A investor.
    Upload file in data room
  2. 2.
    Share a unique trackable link with each fund.
    Each fund gets one link. Ellty logs every open.
    Set permissions data room
  3. 3.
    Track opens and follow up the moment they read.
    Use Ellty analytics to time your follow-up.
    Analytics data room
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Dubai Series A investor questions

How much is a Dubai Series A round?
Rounds run $3M-$20M in 2026. The UAE average sits near $9M.
What do Series A VCs want to see?
Strong revenue, retention, and clean margins. Traction beats vision at this stage.
Who leads Series A rounds in Dubai?
BECO, Global Ventures, and Mubadala often lead. STV and Sanabil back larger rounds.
How is Series A different from seed?
Series A funds proven scale, not early bets. The bar on metrics is much higher.
Can foreign scale-ups raise here?
Yes, founders raise here from abroad. A UAE entity opens most growth networks.
When should I set up an Ellty data room?
Before outreach starts. Track who opens your metrics and model.

Author

Internal team behind the product.

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