Saudi Technology Development and Investment Company

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TAQNIA, The Business Gate, Building 11
2384 Al Marhumah, Qurtubah
Riyadh 13244
Saudi Arabia
Investor type PE
Founded 2011
AUM -
Location Saudi Arabia

Profile

The Saudi Technology Development and Investment Company (TAQNIA) was established in June 2011 by Royal Decree to localize technology in Saudi Arabia and commercialize outputs of R&D centers.

TAQNIA invests in technology that contributes towards Saudi Arabia’s economic diversification. TAQNIA is proud to be fully aligned with Saudi Vision 2030.

TAQNIA is owned by the Public Investment Fund (PIF) which drives strategic and sustainable diversification enabling growth in different industries in Saudi Arabia.

Industry focus

IT Services Other Fashion/Beauty Food and Beverage Foodtech Marketing and Advertising Transportation Travel Technology AdTech TravelTech

Investment preferences

Investment Ticket

$10-50 m

Investment Horizon

3-5 years

Investment Stage

Growth

Exit Strategy

Sale to strategic investor

IPO

Region focus

Middle East

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