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About

A venture studio built where the science, the regulator, and the buyer all are.

KaRama forms health technology companies in the Kingdom of Saudi Arabia and stays on their cap tables.

Purpose

Turn health technology into Saudi companies that can actually be bought from.

KaRama Venture Studio operates from the SFDA campus in Hittin, Riyadh. We originate company theses from unmet needs inside Saudi health systems, co-found the companies against them, capitalize them from our own balance sheet, and carry them through regulatory approval to a first Kingdom contract.

We are a principal, not an adviser and not an intermediary. We hold a founder's stake in every company on this site, taken at incorporation, and we stay.

11Companies built or co-founded
3Areas of focus
SFDACampus resident, Hittin, Riyadh
2030Health sector transformation program

Vision 2030

Aligned to the health sector transformation program, and useful to it.

The Health Sector Transformation Program set out to restructure how the Kingdom delivers and pays for care: clusters on commercial footing, prevention moved upstream, a domestic supply base for what the system buys.

The last of those is where a studio is useful. Localization targets are met by companies existing, not by intent. Every company we form is a Saudi entity, staffed here, procurable here, and cleared here.

Leadership

The people who do the forming.

In a studio, the operators are the product. A founder deciding whether to build with us is deciding about these people.

Photography slot

Justin Inniss

Co-Founder and Chief Investment Officer

Thirty years across New York capital markets, European asset management, and Gulf principal investment. Leads capital formation and portfolio strategy for the studio from Riyadh.

Photography slot

Name to confirm

Chief Executive Officer

Placeholder — replace with the CEO's name, photograph, and a two-line biography before launch.

Photography slot

Name to confirm

Head of Regulatory Affairs

Placeholder — the person who owns the SFDA relationship should be named here. For a studio, this is the most load-bearing biography on the site.

Photography slot

Name to confirm

Head of Company Formation

Placeholder — entity, cap table, and founding team recruitment.

Photography slot

Name to confirm

Head of Clinical Partnerships

Placeholder — cluster and Ministry of Health relationships.

Photography slot

Name to confirm

Chief Technology Officer

Placeholder — shared technical platform across the portfolio.

Partners

Who we work with, and in what capacity.

Each relationship below should be characterized precisely before launch. Ambiguous logo walls invite the wrong question from exactly the counterparties you want.

SFDASaudi Food and Drug Authority
MonshaatSmall and Medium Enterprises General Authority
Ministry of HealthClinical and procurement partner
Microsoft for StartupsPlatform and go-to-market
Google for StartupsPlatform and go-to-market
AWS ActivateInfrastructure

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Quarterly, from Riyadh: what we incorporated, what cleared the SFDA, and what is opening to outside capital.

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