SBX Capital

SBX Capital is a principal investment firm based in Kuwait, established in 2020. The company operates as a technology investment holding entity, focusing on early-stage companies across various industries. By maintaining a stage and industry-agnostic approach, SBX Capital aims to identify and invest in innovative businesses that leverage technology to drive growth and development.

Saoud Al Humaidhi

Founder and CEO

12 past transactions

Ryder

Seed Round in 2023
Ryder is a developer of cryptocurrency hardware wallets that focus on secure digital asset storage. The company offers a platform designed to help cryptocurrency enthusiasts safeguard their investments with features such as multi-location recovery tags and a three-layer security system. Additionally, Ryder has introduced the TapSafe recovery system, which simplifies the recovery process by replacing the traditional complex seeding method with an intuitive combination of hardware, a mobile application, and a social circle. This innovation aims to enhance user experience and security in managing digital assets.

DLC.Link

Pre Seed Round in 2022
DLC.Link is a platform that enables users to lock their Bitcoin in a non-custodial escrow while maintaining full ownership. By allowing users to supply their Bitcoin as collateral, the platform facilitates the earning of yield without the risks associated with centralized custodians, which have historically resulted in significant losses due to hacks and failures. Currently, only a small percentage of Bitcoin is actively utilized, but DLC.Link aims to unlock the remaining liquidity by enabling over $1 trillion in Bitcoin to be available for lending on Ethereum and other blockchains. The platform employs a decentralized approach, utilizing a network of independent node operators to validate transactions, thus providing a secure and efficient solution for cryptocurrency traders and application developers.

SOKNA

Seed Round in 2022
SOKNA is a provider of comprehensive funeral services designed to honor the lives of departed individuals. The company facilitates a range of offerings, including burial permits, body preparation, cemetery setup, and transportation. Additionally, SOKNA assists with hall booking and the creation of obituaries, ensuring that families can navigate the logistics of mourning with dignity and ease. The company also provides services for Sadaqah Jariyah and giveaways, alongside repatriation for those who wish to return loved ones to their place of origin. In addition to these essential services, SOKNA offers high-end coffins, personalized souvenirs, and floral tributes, catering to the diverse needs and preferences of its clients.

Kraken

Venture Round in 2022
Kraken is a prominent cryptocurrency exchange founded in 2011 that facilitates spot and futures trading for Bitcoin, Ethereum, and over 40 other digital assets. With a client base exceeding 7 million, Kraken plays a significant role in the mainstream adoption of cryptocurrencies by providing a marketplace where buyers, sellers, traders, and speculators can exchange digital currencies against traditional national currencies such as USD, EUR, CAD, and JPY. The platform caters to various user needs, offering services like an Over-the-Counter (OTC) desk for larger trades, advanced charting tools for technical analysis, and APIs for automated trading. Additionally, Kraken ensures comprehensive customer support with 24/7 live chat assistance, enhancing the user experience for both novice and experienced traders.

HeyLayer

Pre Seed Round in 2022
HeyLayer is a technology company focused on providing a comprehensive platform for minting and distributing non-fungible tokens (NFTs) backed by Bitcoin through the Stacks Blockchain. The company specializes in developing crypto mining technology that enables mass NFT minting. Its platform offers an application programming interface (API) for easy NFT creation and facilitates the buying and selling of cryptocurrencies using standard credit cards. Additionally, HeyLayer's services include analytics tools that allow investors to monitor sales across their entire collection of cryptocurrencies and NFTs, thereby enhancing their understanding of market dynamics and royalty payments.

CryptoMate

Seed Round in 2021
CryptoMate is a company focused on enabling mass adoption of cryptocurrency business models through its user-friendly, decentralized ecosystem. By providing seamless integration with its Crypto APIs, CryptoMate allows businesses to transition effortlessly into the new economy, regardless of their existing infrastructure. The company also leverages artificial intelligence to offer innovative software solutions, including social network bots that assist users in creating wallets, buying cryptocurrencies, and accessing various decentralized finance protocols. This approach not only enhances user engagement with Web3 technologies but also ensures that businesses can maintain their existing workflows while benefiting from the opportunities presented by blockchain. CryptoMate aims to empower any company to operate effectively within the crypto space, democratizing access to this growing financial landscape.

GoSats

Seed Round in 2021
GoSats is a company focused on facilitating bitcoin investment in India through a user-friendly platform. It enables individuals to earn bitcoin cashback when they shop with partnered merchants, allowing them to passively accumulate bitcoin as part of their everyday purchasing activities. By integrating shopping with investment, GoSats aims to simplify the process of becoming a bitcoin investor, thereby creating new bitcoin enthusiasts daily. The platform serves as an innovative solution for those looking to enter the cryptocurrency market without needing extensive knowledge or experience.

CryptoMate

Pre Seed Round in 2021
CryptoMate is a company focused on enabling mass adoption of cryptocurrency business models through its user-friendly, decentralized ecosystem. By providing seamless integration with its Crypto APIs, CryptoMate allows businesses to transition effortlessly into the new economy, regardless of their existing infrastructure. The company also leverages artificial intelligence to offer innovative software solutions, including social network bots that assist users in creating wallets, buying cryptocurrencies, and accessing various decentralized finance protocols. This approach not only enhances user engagement with Web3 technologies but also ensures that businesses can maintain their existing workflows while benefiting from the opportunities presented by blockchain. CryptoMate aims to empower any company to operate effectively within the crypto space, democratizing access to this growing financial landscape.

Moon

Seed Round in 2021
Moon is a technology company that focuses on delivering secure and empowering financial solutions aimed at increasing financial access. The company serves as a critical enabler for clients' consumer and enterprise offerings, specializing in areas such as payments, identity, and connectivity. Moon is not a bank or a money service business; instead, it provides software and services that enhance customer-facing products by integrating with various processors and bank sponsors through proprietary APIs. Additionally, Moon has developed a payment platform that facilitates online purchases using cryptocurrency, featuring a browser extension that allows users to link their accounts or wallets for secure transactions. The platform emphasizes the provision of know-your-customer virtual cards and offers an API for card issuance, enabling online retail customers to shop directly using these secure virtual cards.

Dawrat

Venture Round in 2021
Dawrat is an online educational platform focused on providing Arabic-taught courses. It serves as a marketplace that connects training centers, instructors, educational event organizers, and online course providers, facilitating easy access for students seeking relevant training and seminars. By consolidating various educational resources in one location, Dawrat simplifies the process for learners to find and enroll in suitable online courses across different subjects.

Ajar

Seed Round in 2020
Ajar is a leading property management and rent payment platform in the Middle East that aims to streamline the property management process for landlords while providing tenants with rewarding payment experiences. The company offers a cloud-based platform that enables landlords to efficiently manage properties and securely collect rent payments. Ajar's system simplifies the online rent payment process, allowing landlords to track performance effectively. Additionally, tenants benefit from the platform through opportunities to earn discounts and rewards each time they pay their rent online, thus enhancing their overall experience.

East Chain

Pre Seed Round in 2017
East Chain Co. is an investment firm dedicated to transformative blockchain applications. The company recognizes the potential of blockchain technology to revolutionize the digital asset economy and aims to play a significant role in this evolution. Through strategic investments, East Chain Co. seeks to support and lead initiatives that contribute to the development of innovative solutions within the blockchain space, envisioning a future shaped by these advancements.
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