Saudi Venture Capital Company (SVC) is a Government Venture Capital established in 2018, part of the Private Sector Stimulus Plan (PSSP). This is to minimize current equity funding gaps for Startups by investing SAR 2.8 Billion ($ 750 Million).
Vision:
SVC aims to develop the Venture Capital Ecosystem in Saudi Arabia to support startups by co-investing along with angel investors, venture capitalists, and sophisticated investors in startups as well as investing in funds.
What do we invest in?
We co-invest in innovation-driven startups with potential high and fast growth as well as funds that invest in such startups. We focus on startups that will have impact on Saudi Economy.
Principles:
• Balance economic impact and financial success.
• Prioritize national mandate and focus on local investments.
• Sector agnostic and gap-oriented approach to develop the overall VC ecosystem.
• Minority stake in startups as per VC best-practices.
Our Programs:
1. Co-Investment in Startups:
Direct co-investment along with angel investors, venture capitalists, and sophisticated investors in Startups through matching (up to 1:1). This is to stimulate seed, early stage, and growth stage investments in startups.
2. Investment in Funds:
Investing in VC funds to catalyze venture capital investments and lower the barriers to entry for fund managers looking to operate in the VC market.
$1-5 m
3-5 years
Series B
Seed
Sale to strategic investor
IPO
If there are no contacts of this investor, please write to us, we will try to find them as soon as possible and get back to you!