Saudi Technology Development and Investment Company
Investor type
PE
Founded
2011
AUM
-
Location
Saudi Arabia
$10-50 m
Investment Ticket
3-5 years
Investment Horizon
Series B
Investment Stage
Sale to strategic investor,
IPO
Exit Strategy
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
Region of investment
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