Sukna Fund for Direct Financing

Venture Capital

Sukna Capital's CMA-licensed open-ended direct lending fund providing Sharia-compliant, non-dilutive growth financing to Saudi and MENA tech companies and SMEs.

Riyadh, Saudi Arabia · 1+ investments · 1 portfolio companies

Growth
Fintech
SaaS
Headquarters
Riyadh, Saudi Arabia
Founded
2022
AUM
$50.0M
Portfolio Company
1
Total Investment
1
Last Investment
Jun 2025
Geographic Focus
Middle East and North Africa, Saudi Arabia

Investment Thesis

Non-dilutive, Sharia-compliant direct financing to SMEs and tech companies in Saudi Arabia, targeting 11-14% returns.

Sukna Fund for Direct Financing is a Venture Capital firm based in Riyadh, Saudi Arabia. It has made 1 investment, including Octa. Focus areas include Fintech and SaaS.

Portfolio1

Co-investors7

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Investment History

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