Saudi VC invests $1b in 800 startups, SMEs

Saudi Venture Capital Company (SVC) has released its latest “Impact Report,” detailing its activities to enhance the private capital ecosystem in Saudi Arabia since 2018.

The report indicates that SVC has committed US$1 billion to investments, contributing to a total of US$4.8 billion alongside partners.

The company has supported 54 funds, facilitating investments in over 800 startups and small to medium-sized enterprises (SMEs) across various sectors.

These sectors include ecommerce, financial technology, healthcare, educational technologies, transportation, and logistics.

Recent SVC developments

Timeline
27-Dec-2024 📈 Saudi VC invests $400m in Jadwa private equity fund SVC invests in Jadwa GCC Private Equity Fund 1 Fund targets 1.5 billion SAR for GCC private equity
20-Dec-2024 💼 Saudi VC invests in Raed Ventures for MENA startups SVC invests in Raed III L.P. fund. Focus on tech startups in MENA region.
06-Dec-2024 🚀 Saudi Venture Capital invests in fund targeting Saudi, GCC firms SVC invests in Aliph Fund I for mid-market growth Focus on tech and value creation across GCC region
06-Oct-2017 🏆 Record $132k dished out to startups at Singapore social enterprise awards Eight startups won US$132,000 at SVC Asia Innovative social enterprises recognized for impact
03-Oct-2012 🚀 21 Finalists for Hack2Hatch Announced 21 finalists announced for Hack2Hatch event Event set for October 5-7 in Cebu, Philippines

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Recent SVC developments

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