Profile
Saudi Entertainment Ventures (SEVEN), part of Qiddiya Investment Company (QIC), a wholly owned Public Investment Fund (PIF) entity, is mandated to invest in, develop, and operate entertainment destinations and create a sustainable entertainment sector that caters to the needs of everyone in Saudi Arabia.
SEVEN is investing more than SAR 50 billion to build entertainment destinations in 14 cities to provide unique and innovative world-class entertainment experiences to enhance the quality of life of Saudi nationals and residents and meet their recreational expectations and entertainment needs.
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FAQs about Saudi Entertainment Ventures
Where is Saudi Entertainment Ventures located?
Saudi Entertainment Ventures is located in Riyadh, Riyadh Province, Saudi Arabia.
When was Saudi Entertainment Ventures founded?
Saudi Entertainment Ventures was founded in 2018.
What sectors and industries does Saudi Entertainment Ventures invest in?
Saudi Entertainment Ventures invests in companies and startups in Media and Entertainment, Marketing and Advertising, Telecommunications, VR/AR, AdTech, 3D printing.
What is Saudi Entertainment Ventures geographical focus of investments?
Saudi Entertainment Ventures invests in companies and startups in Middle East.
At what stages of companies and startups does Saudi Entertainment Ventures typically invest in?
Saudi Entertainment Ventures invests in companies and startups at Seed, Series A, Series B.
What is the usual amount of Saudi Entertainment Ventures investment?
Saudi Entertainment Ventures usually invests $10-50 m on average.
What is the amount of assets of under management (AUM) for Saudi Entertainment Ventures?
Saudi Entertainment Ventures has around $13 000m assets under management.