Assisted fundraising

Log in  |  Sign up

  • Home
  • Guides
  • Assets
  • Investors
    • VC funds
    • Tailored lists
    • Favorites
  • Academy
  • Privacy policy
    • Terms of Use
    • Privacy Policy
  • Help center
  • Return to waveup.com

Fund profile

W

Watheeq Proptech Venture

Riyadh, Ar Riyad, Saudi Arabia

Not leading

About

Watheeq PropTech Venture, founded in 2021 and based in Riyadh, Saudi Arabia, is the region’s first venture capital fund dedicated to the rapidly growing PropTech sector. With a fund size of $26.7 million, the firm focuses on investing in technology-driven solutions aimed at transforming traditional real estate markets across the MENA region. Watheeq’s investment targets include startups working on smart cities, real estate marketplaces, and blockchain-based property solutions. The firm’s portfolio companies are selected for their potential to scale and disrupt the real estate ecosystem, offering innovative approaches to real estate transactions, property management, and sustainability. Watheeq places significant emphasis on Sharia-compliant investments and seeks to bridge the gap between the MENA region and global PropTech markets, fostering innovation in sectors like climate tech, co-working, and real estate fintech. Through its investments, Watheeq is helping propel the digital transformation of the real estate industry, which has been accelerated by the pandemic and increasing climate concerns. The fund aims to create eco-friendly and tech-integrated urban environments by backing startups that address these challenges head-on.

Details

Round

Pre-Seed
Seed
Series A
Venture Round

Previous Investments

Data & Analytics
Fintech & Financial services
Hardware. Robotics & IoT
Legal & Professional services
Lifestyle
Other
Real Estate & Proptech
Software & Apps

Highlights

$1.2M

Historical average check

$5M

Historical max check

February 2023

Last investment date

5

Investments

Real Estate & Proptech

Legal & Professional services

Lifestyle

Fintech & Financial services

Software & Apps

Data & Analytics

Hardware. Robotics & IoT

Other

Showing 0 lists

Filter by

Sort by

Contacts

Website

watheeqproptech.com

Social

Lists that include this fund