Angel investors backing Bahrain startups in 2026

12 June 2026·6 min read

13 Manama angel investors back Bahrain startups in 2026. Tenmou, Hope Ventures, and Flat6Labs write the first cheques. Tenmou alone has backed 35+ Bahraini startups.

Most Bahraini startups raise their first money from angels. They write the first cheque before any VC will look.

Tenmou runs Bahrain's first angel investment company. Hope Ventures and Flat6Labs back many of the rest.

Angels move fast, but they still want a clear story. Ellty tracks every data room open from these investors.

This guide lists 13 active Manama angel investors in 2026.

TypeCheck sizeSector focusWebsite
TenmouAngel network$50K-$150KTech, SaaS, consumer, edtechtenmou.me
Hope VenturesEarly-stage VC$80K-$3ME-commerce, edtech, F&B, logisticshopefund.bh
Nawaf Al-KoohejiAngel (Tenmou CEO)$50K-$150KTech, consumer, B2B softwaretenmou.me
Flat6Labs BahrainAccelerator + seed VC$32K-$50KFintech, proptech, e-commerceflat6labs.com
Brinc MENAAccelerator$30K-$100KIoT, Web3, medtech, climatebrinc.io
Bahrain FinTech BayHub + accelerator~$10K + matchingFintech, AIbahrainfintechbay.com
500 GlobalAccelerator + VC~$150KSector-agnostic, tech500.co
StartUp BahrainEcosystem networkConnectorCross-sector early-stagestartupbahrain.com
Al Waha Fund of FundsFund of fundsLP commitmentsFund of funds, fintech, techbdb.bh
Areije Al ShakarVeteran VC / fund managerFund-levelEnergy, fintech, deep techbahrainedb.com
Abdulla AlmoayedAngel (Tarabut founder)$10K-$100KFintech, SaaS, healthtechtarabut.com
TamkeenGovernment enablerProgram subsidiesCross-sector early-stagetamkeen.bh
Bahrain Development BankDevelopment bankSeed, debt, fund LPSMEs, tech, fintechbdb.bh

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What a Manama angel investor backs

An angel invests their own money in early startups. In Bahrain that often means pre-seed and seed rounds.

Most Manama angels write $10K to $150K cheques each. A clean virtual data room holds all of it neatly.

They back the founder as much as the idea they pitch. Founders pitching Amman angel investors face a similar bar.

Send each angel one clean link, not scattered files. Ellty shows you exactly who read your deck and when.

35+
Bahraini startups in Tenmou's active portfolio
With 5 exits and around $10M in follow-on funding
300+
Investors at the 2025 MENA Angel Investors Summit
With 50 startups and 600+ visitors in Manama
$100M
Size of Bahrain's Al Waha Fund of Funds
Feeding the early-stage pipeline through VC managers
13
Active Manama angel investors in this guide
Networks and operator angels in 2026
Tenmou's mission is to drive venture investment in technology within Bahrain and showcase the potential of local startups in the kingdom's entrepreneurial ecosystem.
Nawaf Al-Kooheji, CEO, Tenmou, Manama, 2025

13 Manama angel investors

1. Tenmou

Tenmou is Bahrain's first angel investment company.

Recent Activity: Invested in Unipal in 2025 and hosts the MENA Angel Investors Summit

LinkedIn: Tenmou LinkedIn

Sector Focus: Tech, SaaS, consumer, edtech

Check Size: $50K-$150K

Location: Manama, Bahrain

Website: tenmou.me

2. Hope Ventures

Hope Ventures is a Manama early-stage investor backing Bahraini startups.

Recent Activity: Led Ahlan App's $3M round and backed Right Calories and Motolines in 2024

LinkedIn: Hope Ventures LinkedIn

Sector Focus: E-commerce, edtech, F&B, logistics

Check Size: $80K-$3M

Location: Manama, Bahrain

Website: hopefund.bh

3. Nawaf Al-Kooheji

Nawaf Al-Kooheji is the CEO of Tenmou, Bahrain's angel firm.

Recent Activity: Drove Tenmou's 2024-2025 portfolio to 35+ startups and ran the MENA summit

LinkedIn: Tenmou LinkedIn

Sector Focus: Tech, consumer, B2B software

Check Size: $50K-$150K via Tenmou

Location: Manama, Bahrain

Website: tenmou.me

4. Flat6Labs Bahrain

Flat6Labs runs a Tamkeen-backed seed accelerator in Manama.

Recent Activity: Graduated 8 startups in its sixth cycle from 200+ applications worldwide

LinkedIn: Flat6Labs LinkedIn

Sector Focus: Fintech, proptech, e-commerce

Check Size: $32K-$50K

Location: Manama, Bahrain

Website: flat6labs.com

5. Brinc MENA

Brinc runs a MENA seed program from Bahrain.

Recent Activity: Runs MENA seed cohorts with partners like Batelco and NEOM Oxagon

LinkedIn: Brinc LinkedIn

Sector Focus: IoT, Web3, medtech, climate

Check Size: $30K-$100K

Location: Manama, Bahrain

Website: brinc.io

6. Bahrain FinTech Bay

Bahrain FinTech Bay runs accelerators and investor programs.

Recent Activity: Ran the NBB Innovation Programme 2025 with a Demo Day in February 2026

LinkedIn: Bahrain FinTech Bay LinkedIn

Sector Focus: Fintech, AI

Check Size: ~$10K + matching

Location: Manama, Bahrain

Website: bahrainfintechbay.com

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7. 500 Global

500 Global is a global early-stage VC reaching Bahraini founders.

Recent Activity: Runs MENA accelerator cohorts, with Al Waha as a fund LP

LinkedIn: 500 Global LinkedIn

Sector Focus: Sector-agnostic, tech

Check Size: ~$150K

Location: MENA program / San Francisco

Website: 500.co

8. StartUp Bahrain

StartUp Bahrain is a Tamkeen-backed national startup network.

Recent Activity: Connects Bahraini founders with angels and runs ecosystem programs

LinkedIn: StartUp Bahrain LinkedIn

Sector Focus: Cross-sector early-stage

Check Size: Connector, not direct

Location: Manama, Bahrain

Website: startupbahrain.com

9. Al Waha Fund of Funds

Al Waha is Bahrain's $100M government fund of funds.

Recent Activity: Co-launched the HP Spring Studios venture studio with Hambro Perks in Manama

LinkedIn: Al Waha Fund of Funds LinkedIn

Sector Focus: Fund of funds, fintech, tech

Check Size: LP commitments

Location: Manama, Bahrain

Website: bdb.bh

10. Areije Al Shakar

Areije Al Shakar is a veteran Bahraini VC and ex-Al Waha manager.

Recent Activity: Now leads BE Ventures, a long-time Bahrain early-stage ecosystem leader

LinkedIn: Al Waha Fund of Funds LinkedIn

Sector Focus: Energy, fintech, deep tech

Check Size: Fund-level

Location: Manama, Bahrain

Website: bahrainedb.com

11. Abdulla Almoayed

Abdulla Almoayed founded Tarabut and angel-invests regionally.

Recent Activity: Angel-backs healthcare, edtech, and fintech startups across the region

LinkedIn: Abdulla Almoayed LinkedIn

Sector Focus: Fintech, SaaS, healthtech

Check Size: $10K-$100K

Location: Manama / regional

Website: tarabut.com

12. Tamkeen

Tamkeen is Bahrain's labour fund underwriting angel programs.

Recent Activity: Co-funds Tenmou's angel education program and the MENA summit

LinkedIn: Tamkeen LinkedIn

Sector Focus: Cross-sector early-stage

Check Size: Program subsidies

Location: Manama, Bahrain

Website: tamkeen.bh

13. Bahrain Development Bank

BDB is Bahrain's state bank and a co-founder of Tenmou.

Recent Activity: Backs early-stage startups via Al Waha and incubation programs

LinkedIn: Bahrain Development Bank LinkedIn

Sector Focus: SMEs, tech, fintech

Check Size: Seed, debt, fund LP

Location: Manama, Bahrain

Website: bdb.bh

Bahrain's angel ecosystem

Bahrain's angel scene runs mostly through networks. Tenmou and StartUp Bahrain anchor the whole scene.

Tamkeen and the BDB fund many of the angel programs. That brings steady capital to early-stage founders.

Founders show real demand to win an angel's cheque. Strong lead capture clearly proves there is demand.

New to raising? Learn what is due diligence first. Angels still run real checks before they wire money.

From angel to seed in Bahrain

Angels get you to a product and your first customers. A real seed round usually comes fairly soon after.

Hope Ventures and Flat6Labs often lead the seed round. They often back the founders angels spotted first.

A tight pitch deck makes the seed round much faster. Investors back a clear story, not endless clutter.

Track which angels still open your updates in Ellty. Then re-engage the angels who have gone quiet lately.

How to reach Manama angels

A cold email rarely lands you a serious Manama angel. Warm intros and pitch events usually work far better.

Apply to Tenmou and the MENA Angel Investors Summit. They put you in front of 300+ angels at one event.

Send a tight deck and a clear, simple ask up front. Share it through secure file sharing, never email.

Angels move fast, but they still run real checks. See how long due diligence takes before you pitch.

How to pitch a Manama angel investor

Lead with the founder story, traction, and a clear ask.

  1. 1.
    Get a warm intro through a founder.
    Angels trust people they already know.
  2. 2.
    Show early traction and real users.
    Even small numbers beat a pure idea.
  3. 3.
    Make your ask and terms clear.
    Angels move fast on a simple ask.
  4. 4.
    Share one Ellty link per angel and track opens.
    Follow up when an angel reads your deck.

How Ellty helps you land an angel investor in Manama

You've found your Manama angel investors already. Set up a data room before your first pitch.

  1. 1.
    Upload your deck, metrics, and cap table to Ellty.
    Set access for each angel and network.
    Upload file in data room
  2. 2.
    Share a unique trackable link with each angel.
    Each angel 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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Manama angel investor questions

Who are the top Manama angel investors?
Tenmou leads, with Hope Ventures and Flat6Labs. Networks run most deals.
How much do Bahraini angels invest?
Most write $10K to $150K per deal. Networks pool angels into bigger rounds.
What do angels want to see?
A strong founder, traction, and a clear ask. Ideas alone rarely get funded.
How do I reach Manama angels?
Warm intros and Tenmou pitch events. Cold emails rarely land a cheque.
Do angels do due diligence?
Yes, but faster than most VCs. They still check team and traction.
When should I set up an Ellty data room?
Before outreach starts. Track who opens your deck and metrics.

Author

Internal team behind the product.

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