Saudi Venture Capital (SVC) has invested in Aliph Fund I, operated by the private equity firm Aliph Capital.

The fund targets mid-market companies across Saudi Arabia and the Gulf Cooperation Council (GCC), with a focus on technology and active value creation.

Dr. Nabeel Koshak, SVC’s CEO and board member, said the investment supports their strategy to boost Saudi-based SMEs with growth potential.

SVC, founded in 2018, functions as a subsidiary of the SME Bank under the National Development Fund.