Organization · Government VC

Wadi Makkah Technology

Wadi Makkah Technology is a government-backed investment company based in Makkah, Saudi Arabia, focused on fostering a knowledge-based economy through investments in technology and startups, particularly in sectors related to Hajj and Umrah.

Government VCFunder

Overview

What Wadi Makkah Technology does

What Wadi Makkah Technology is

Wadi Makkah Technology is a government-backed investment company based in Makkah, Saudi Arabia, focused on fostering a knowledge-based economy through investments in technology and startups, particularly in sectors related to Hajj and Umrah.

How it participates in the startup ecosystem

The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Government VC
Founded
Founded in 2012
Approximate age
About 14 years
Structured capabilities
Funder
Last reviewed
May 5, 2026

Official channels

Find Wadi Makkah Technology elsewhere

Open the official website or a supported primary organization account.

Capability profile

Wadi Makkah Technology as a funder

Investment thesis

Wadi Makkah Technology aims to invest in smart solutions and technologies that enhance the Hajj and Umrah experience, contributing to the knowledge-based economy of Saudi Arabia.

Focus narrative

Wadi Makkah Technology invests primarily in technology and knowledge-based products. It provides venture capital investment, consulting projects, and training for entrepreneurs. The organization is involved in various projects, including leasing, operation, and transfer (LOT) and build, operate, and transfer (BOT) initiatives.

Value beyond capital

Wadi Makkah Technology adds value to its portfolio companies through access to a network of resources, expertise in technology transfer, and support in navigating the unique market of Hajj and Umrah. The organization also provides training and incubator services to help startups grow and succeed.

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
4

Portfolio context

Wadi Makkah Technology has invested in several startups, including: Derq: An AI video analytics platform for safer road usage. SARIYA IT: A platform for discovering religious and tourist attractions in Saudi Arabia. Bab Makkah: An e-commerce marketplace for cultural products from Mecca and Medina. Tarteel: An assistive technology device for visually impaired individuals to read the Quran in Braille.

Common questions

What to know about Wadi Makkah Technology

Upseed classifies Wadi Makkah Technology under the Government VC organization type. Its current public profile includes funder capabilities.

Next step

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

May 5, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.