2025 Silent Capital Report now available. Where family offices and LPs are actually deploying. [Download for free →]
About usSign in
Status
ACTIVE
Global HQ
Riyadh, Saudi Arabia
Countries of investment
  • Saudi Arabia
Investment stages
  • Seed
  • Series A
Industries
  • Defense Tech
  • Aerospace
  • AI
  • Logistics
  • Manufacturing
  • Robotics
  • Autonomous Vehicles
About
Masna Ventures is a Riyadh-based venture capital firm with a unique cross-border mandate focused on defense and deep-tech localization. They act as a strategic partner for global startups looking to enter the Middle Eastern market through the Saudi industrial landscape. The firm is deeply aligned with Saudi Arabia’s Vision 2030 goal to localize 50% of military spending and foster domestic innovation.
Min check size
$500K
Max check size
$3M
Fund size
NPS

Investment Thesis

Masna Ventures invests in defense technologies including AI, robotics, and autonomous systems that can support Saudi Arabia’s defense localization strategy.
Lead investor
Co Invest
Number of exits
Preferred contact method

Manager's Experience

Co-founded by Lucien Zeigler and Nehal Farooqui, experts in the US-Saudi defense corridor. The team specializes in "Defense Localization," helping private firms adapt proven U.S. aerospace and AI technologies for Saudi manufacturing.

Team

Lucien Zeigler - Co-Founder

Nehal Farooqui - Co-Founder

Yassin El Hardouz - Investment Director

Portfolio

Shield AI

Anduril (Localization Partner)

Saronic

Red 6

Skydio

Epirus

Fund number
Vintage Year
Net Internal Rate of Return
Investment Multiple
Capital Allocation
Management Fee
Carried Interest
AUM
Follow-on Investments
Graduation Rate
Write-Off Ratio
Last profile update timestamp