Hala Ventures

Hala Ventures, now operating as Hala Capital, is an Al Khobar, Saudi Arabia-based private capital firm that invests in early-stage tech startups and provides capital, strategic guidance, and support across various company growth stages. The firm has made 30 investments totaling $55 million, with 5 exits, and typically deploys check sizes ranging from $100,000 to $2 million. Initially focused on venture capital, it expanded its mandate in October 2025 after receiving a CMA license (25318-02) to include private equity, private credit, and other alternative investments, aiming to bridge gaps from early ventures to mature enterprises in Saudi Arabia and the broader MENA region. Its portfolio includes companies such as Hala Payments, in which Hala Capital led a $157 million Series B round. Hala Ventures was founded in 2018 by Ali Abussaud and Hussain Almarhoon.