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ULA Capital | $100 million fund in partnership with Future Play

vc$100MCo-invests

Fund Size

$100M

Location

Saudi Arabia

Portfolio

4 companies

Activity

Statusactively investing

Links

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Investment Thesis

We invest in visionary founders, building category-defining startups that will change the world for the better. We are particularly interested in climate, healthcare, and AI (as a horizontal) sectors. As patient capital investors, we provide significant value-add, including hiring, strategy, and introductions to clients and investors.

About ULA Capital

A $100 million fund launched by ULA Capital in partnership with Future Play to connect deep-tech investment opportunities between Saudi Arabia and South Korea, targeting sectors requiring larger capital and longer horizons, including early-stage startups.

Sectors

Advanced MaterialsSemiconductorsRoboticsTelecom & ConnectivityQuantum Computing

Stages

pre-seedseedseries-aseries-b

Geography Focus

Saudi ArabiaSouth Korea

Team

NameTitleRoleLinks
Matthew HoldingCIO

Notable Investments

SkipCashMalaaPathwayAurelius Systems

Traits

Co-invests

FAQ

What does $100 million fund in partnership with Future Play invest in?

$100 million fund in partnership with Future Play invests in Advanced Materials, Semiconductors, Robotics, Telecom & Connectivity and Quantum Computing at the pre-seed, seed, series-a and series-b stages.

Which geographies does $100 million fund in partnership with Future Play focus on?

$100 million fund in partnership with Future Play focuses on Saudi Arabia and South Korea, and is headquartered in Saudi Arabia.