Joa Capital
Riyadh-based CMA-authorized investment manager investing in high-growth technology companies across Saudi Arabia and MENA via venture capital, private equity and private credit, with corporate finance advisory and arranging services.
Joa Capital is a private market investment manager based in Riyadh and organized as a Saudi joint stock company authorized by the Capital Market Authority (CMA) to conduct investment management and arranging activities. Its mandate is high-growth technology businesses in Saudi Arabia and the wider MENA region, pursued across three disciplines: venture capital and private equity, private credit, and corporate finance advisory and arranging.
The direct investment arm takes equity positions in technology companies, working with founders early and taking an active, value-add approach where the firm can contribute to growth. Joa Capital describes bringing commercial judgment, regional relationships and practical expertise to portfolio companies, and notes that building durable, industry-defining businesses takes time - an orientation that shapes how it engages with founders over the holding period. A separate private credit capability provides non-dilutive working capital financing, giving portfolio and non-portfolio companies an alternative to equity dilution for funding needs.
Beyond investing, Joa Capital offers corporate finance advisory and arranging services covering mergers and acquisitions, private placements, asset disposals and listings on the Saudi Exchange. The combination of an investment management licence and arranging permissions places the firm between a conventional venture investor and a capital markets adviser, with activity concentrated on Saudi Arabia and the MENA region.