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Top Startup Investors in Manama

Top Startup Investors in Manama
Malaz Madani
Malaz Madani

9 min

Manama has slowly but surely turned into one of the Gulf’s most promising startup hotspots, especially for anyone with a taste for fintech, e-commerce, or just doing things differently. If you’re a founder, you already know that finding the right VC partner can be the difference between a blazing unicorn and a very steep learning curve.

Access to capital—be it from seasoned angel investors or heavyweight fund managers—remains a serious hurdle. So, here’s a no-nonsense, alphabetical list of active venture capital firms backing early-stage startups in Bahrain’s capital, with a hat tip to Arageek for putting some of these players on our radar.


VC List (A–Z)


500 Global (Sanabil Accelerator)

Top Startup Investors in Manama - 500 Global (Sanabil Accelerator)

500 Global’s Sanabil Accelerator brings Silicon Valley energy to MENA, giving Bahrain’s ambitious tech founders a way into fast-tracked growth. Their three-month programme is hands-on, mixing growth hacks with mentoring, a solid cap table pep talk, and enough networking to boost your next funding round. For anyone thinking big and prepping a pitch deck, this one’s worth a look—especially if you want your startup plugged into a top global network.

Stage focusEarly-stage
Sector & geographyTechnology startups, MENA region (including Bahrain)
Ticket size$100,000+ equity investment per startup
Portfolio highlightsJoins a community of 300+ regional startups
Pitch processApply by Feb 28, 2025, for Batch 9
Founder tipPolish your pitch deck, but don’t forget to acheive early traction—they’re big on real numbers.
LocationActive in MENA, Bahrain-based startups welcome
Websitehttps://500.co/accelerators/sanabil-mena-seed-accelerator
LinkedInhttps://linkedin.com/company/500global
Contact Email[email protected]
CB Rank98477
Number of Investments72
Number of Funds2
Year founded2012
FoundersDave McClure and Christine Tsai
Active sinceOngoing (Batch 9: 2025)

Al Waha Fund of Funds

Top Startup Investors in Manama - Al Waha Fund of Funds

Al Waha Fund of Funds made headlines as the region’s first proper fund-of-funds, spinning a hefty $100 million into local and regional VCs. Managed by Bahrain Development Bank, it doesn’t invest directly in startups but backs the funds that do—so if you see an extra pool of cash in a Bahraini accelerator, this is likely why. Thanks to support from heavyweights like Mumtalakat and National Bank of Bahrain, local tech entrepreneurs are getting fewer excuses to complain about fundraising.

Stage focusEarly Stage Venture, Late Stage Venture, Seed
Sector & geographyTechnology startups, Bahrain & MENA
Ticket sizeIndirect (fund-level, not startup-level)
Portfolio highlights$35 million deployed across regional VC funds
Backers or partnersMumtalakat, National Bank of Bahrain, Batelco Group, Tamkeen
Founder tipCheck who’s backing the accelerator or VC you’re approaching—you might be indirectly pitching to Al Waha themselves.
LocationManama, Bahrain
Websitehttps://www.alwahafund.com/
LinkedInhttps://www.linkedin.com/company/alwahafund/
Phone Number+973 17511108
Contact Email[email protected]
CB Rank343912
Number of Investments3
Year founded2018
FoundersManaged by Bahrain Development Bank
Active since2018

Al Zayani Venture Capital

Top Startup Investors in Manama - Al Zayani Venture Capital

Launched by the family behind many of Bahrain’s traditional business successes, Al Zayani Venture Capital brings old money and new ideas together. Since 2021, they’ve taken a shine to startups shaking up how people live, buy, and work, aiming to back disruptive tech and standout founders. They’re especially keen on ventures not afraid to challenge the status quo in Bahrain or across neighbouring markets.

Stage focusSeed
Sector & geographyStartups, disruptive technology, Bahrain + region
Backers or partnersAl Zayani Investments Group
Founder tipIf you’re solving a problem that’s too new for the ‘big boys’, you’re on their wavelength. Share what makes your solution acheive impact at scale.
LocationZayani House P.O. Box: 5553 Manama, Kingdom of Bahrain
Websitehttps://www.alzayani.com/
LinkedInhttps://www.linkedin.com/company/al-zayani-investments/
Phone Number+973 1753 1177
CB Rank296322
Number of Investments4
Year founded2021
FoundersAl Zayani Investments Group
Active since2021

Angivest Ventures

Top Startup Investors in Manama - Angivest Ventures

One of the more active names for Bahrain tech, Angivest Ventures is all about early-stage bets on promising startups ready to shake up markets. They combine seed or Series A funding with a hands-on approach and don’t mind rolling up their sleeves alongside founders. Their portfolio covers everything from fintech to digital health—so if you’re building in these spaces, Angivest is an address worth getting on your shortlist.

Stage focusSeed, Series A
Sector & geographyTechnology, Bahrain & wider region
Portfolio highlightsSlidr, Parabol, Glidian, Responsie
Founder tipHave a sharp answer for ‘Why now?’ and make it acheive stand-out—Angivest values the story as much as the spreadsheet.
LocationP.O.Box 10266 Manama, Kingdom of Bahrain
Websitehttp://angivestventures.com/
Phone Number+973 17646460
Contact Email[email protected]
CB Rank820081
Number of Investments3
Year founded2017
FoundersFareed Bader
Active since2017

Faith Capital

Top Startup Investors in Manama - Faith Capital

Faith Capital’s approach is tailored for founders behind digital marketplaces. With at least one solid Bahraini investment on record, they still keep things fairly under the radar. Their VC arm gets extra credibility from Mohammed AlMunifi, who’s been seen judging at local pitch events. If you’re building the next big thing in commerce or platforms, they’re a name to add to your next warm intro list.

Stage focusEarly Stage Venture, Seed
Sector & geographyMarketplace startups, Bahrain
Portfolio highlightsAt least 1 marketplace startup
Founder tipShow you’ve done your Bahrain startup homework—faith is good, but clear traction acheives results.
LocationFloor 65, Al Hamra Tower, Al-Shuhada St,
Sharq, Kuwait, Active in Bahrain
Websitehttps://faithcapital.com/
LinkedInhttps://www.linkedin.com/company/faith-capital-holding
Phone Number+96522270355
CB Rank200567
Number of Investments24
Year founded2017
FoundersMohammed AlMunifi, Mohammed Jaffar
Active since2019

Flat6Labs – Bahrain

Top Startup Investors in Manama - Flat6Labs – Bahrain

If you’re just setting up shop and need a foot in the door, Flat6Labs Bahrain is where many local founders in Manama begin their journey. Best known for its accelerator program, the hub offers hands-on mentorship combined with essential seed funding—just enough to get your MVP off the ground. Flat6Labs keeps Manama’s startup scene thriving by supporting early-stage teams and preparing them for larger rounds of VC investment down the line.

Stage focusEarly Stage Venture, Seed
Sector & geographyTechnology, Bahrain and MENA
Backers or partnersArabian Cement, Alsulaiman Group, Qotuf, IKEA
Pitch processStandard accelerator application
Founder tipGet your pitch deck tight—accelerators like clarity and hustle.
LocationThe Collective Hub, South Wharf
Websitehttps://flat6labs.com/Location/bahrain/
LinkedInhttps://www.linkedin.com/company/flat6labs
Phone Number+973 1 311 0077
Contact Email[email protected]
CB Rank202
Number of Investments368
Number of Funds7
Year founded2013
FoundersAhmed Alfi, Ahmed El-Alfi, Hany Al-Sonbaty
Active since2013

Hope Ventures

Top Startup Investors in Manama - Hope Ventures

Hope Ventures is one of Bahrain’s more visible names for marketplace, e-commerce, and consumer startups. They don’t just write cheques—they try to hand founders the right tools, networks, and genuinely useful resources. Although relatively young, they’ve already made a mark with investments in marketplace apps and specialist consumer services, backing pitches that cross borders into Oman and the UAE too.

Stage focusPre-Seed, Seed, Funding Round
Sector & geographyE-Commerce, Coffee, Restaurants; Bahrain, Oman, UAE
Portfolio highlightsReQahwa, Ahlan App, Thiqa Tutoring
Founder tipBe relentless and honest about your gaps—Hope likes founders who acheive growth by learning out loud.
LocationManama, Bahrain
Websitehttps://hopefund.bh/
LinkedInhttps://www.linkedin.com/company/hopeventuresbh
Contact Email[email protected]
CB Rank247002
Number of Investments13
Year founded2021
FoundersMark Goeser
Active since2021

MSA Capital

Top Startup Investors in Manama - MSA Capital

Part of a global venture capital group with roots in China, MSA Capital has added Bahrain to its wider MENA focus. Info about their local deals is thin, but they’re on every serious list of Bahrain VCs. If you’re after funding for a tech-driven or scalable venture and want a talking point on your cap table, it’s worth keeping MSA on your radar as a strategic door-opener.

Stage focusEarly Stage Venture, Late Stage Venture, Private Equity, Seed, Venture
Sector & geographyFinance, Financial Services, FinTech, Venture Capital, Bahrain, regional/global focus
Founder tipLeverage their international presence for intros—sometimes, scale speaks louder than your slide deck can acheive.
LocationManama, Bahrain
Websitehttps://www.msacap.com/
LinkedInhttps://www.linkedin.com/company/msacap/
Phone Number+86 10 85187722
Contact Email[email protected]
CB Rank362392
Number of Investments77
Number of Funds4
Year founded2014
FoundersJenny Zeng
Active since2019

Shorooq Partners

Top Startup Investors in Manama - Shorooq Partners

Shorooq Partners pop up on most lists of regionally active VCs, including Manama. While you won’t find pages of detail about their Bahrain portfolio, Shorooq has a rep for backing bold founders and ventures with cross-border promise. If you’re looking for a Series A or later-stage funding round, it’s worth seeing if your pitch aligns with what they’ve supported elsewhere in the region.

Stage focusConvertible Note, Debt, Early Stage Venture, Late Stage Venture, Seed
Sector & geographyTech, emerging markets
Portfolio highlightsNuqtah, Nymcard, Breadfast, Immensa Labs
Pitch processVia personal referral or warm intro
Founder tipShow your learning curve – they want more than headlines; they want proof you can adapt
LocationOffice 16, The Image Plaza, Al Takhassusi Branch Street, Riyadh, KSA, Active in Bahrain
Websiteshorooq.com
LinkedInhttps://www.linkedin.com/company/shorooqpartners
Contact Email[email protected]
CB Rank22385
Number of investments137
Number of Funds4
Year founded2017
FoundersMahmoud Adi, Shane (You Keun) Shin, Tamer Azer, Tarek Fouad
Active since2021

Tenmou

Top Startup Investors in Manama - Tenmou

Bahrain’s original angel investor company, Tenmou was the country’s first to get serious about betting early on founders. Even now, they’re referenced in any discussion about the Manama startup ecosystem. With at least one live marketplace investment, they still play a useful first-cheque role for new founders getting started with their first cap table.

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Stage focusSeed, Pre-Seed, Angel
Sector & geographyApps, SaaS, Internet, Bahrain
Portfolio highlightsFaceki, Tajweed, Travilege
Founder tipKeep your pitch lean and clear—Tenmou likes seeing founders acheive more with less.
LocationThe Terminal, Block 338,
Adliya, Kingdom of Bahrain
Websitehttp://www.tenmou.me/
LinkedInhttps://www.linkedin.com/company/tenmou
Phone Number+973 3322 8020
Contact Email[email protected]
CB Rank520902
Number of Investments10
Year founded2011
Foundersfounded by a group of prominent Bahraini private-sector businessmen, with support from the Bahrain Economic Development Board and the Bahrain Development Bank, Nawaf Mohamed AlKoheji (CEO)
Active since2011

Bahrain’s venture scene has grown up—there are now more routes than ever for founders with grit, from pre-seed to Series A and beyond. Whether you’re updating your term sheet, dreaming up a fresh cap table, or just on the lookout for your next accelerator, don’t forget: there’s no shortcut to building something real but plenty of smart capital waiting to back the builders. As always, do your homework, check who’s partnered with who, and remember—even one spelling mistake is forgivable when you’re hustling to put Bahrain on the startup map.

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