Riyadh, Saudi Arabia – December 2002: Kingdom Center (Burj Al -Mamlaka), the highest skyscrapers in … [+]
Saudi Venture Capital Co. (SVC) has made $ 1 billion in investment since its inception in 2018, with its total assets, including partner contributions, reaching approximately $ 4.8 billion, according to the company’s latest “impact report”. The report underlines the role of SVC in promoting the Saudi Arabia’s private capital ecosystem, contributing significantly to the registration of growth in the capital of entrepreneurship, private capital, entrepreneurship debt and private credit markets.
Saudi Arabia runs MENA on Investments in QV
Saudi Arabia has strengthened its position as the main destination for Entrepreneurship Capital Investments (VCs) in the Middle East and North African region (MENA) for the second consecutive year. According to Magnitt data, the kingdom provided $ 750 million in VC funding in 2024, comprising 40 percent of total regional VC capital. The nation also proved a 16 percent increase in the course of agreements, closing 178 agreements – the highest in the region. The United Arab Emirates (United Arab Emirates) followed $ 613 million in KV investments in 188 agreements, leading the region in the volume of agreements and reaching 12 exits.
VC SVC funds invested in page 21, Impact Report Available in: … [+]
SVC strategic contributions
Since its establishment, the SVC has supported 54 funds that have invested in over 800 startups and small and medium-sized enterprises (SMEs) in life sectors, including E-commerce, Fintech, health care, education technology (Edtech), transport and logistics.
SVC efforts have played a crucial role in attracting investors in Saudi and SME beginnings. Its strategic initiatives have encouraged both regional and international investors to create and expand funds of capital and private capital in the kingdom, promoting a strong Saudi Entrepreneurship Ecosystem Vision 2030.
“We are committed to further stimulating the private capital ecosystem in Saudi Arabia by starting the required investment programs and development initiatives based on an analysis of the ecosystem needs,” said Dr. Nabeel Koshak, CEO and SVC Board member for Arab News.
Expansion of Saudi Arabia’s private capital ecosystem
“Impact Report” underlines how the SVC has strengthened the private capital ecosystem by presenting initiatives that address the needs of the sector. Among these are educational collaborations with local and international partners designed to enhance the skills of funds and investors. SVC also facilitates data -driven decision -making through the publication of market insight reports that provide valuable intelligence for investment trends.
The impact of the company extends beyond funding; Its development programs aim to maintain long -term growth in Saudi Arabia’s landscape. These initiatives have been useful in increasing investors’ participation, leading to the creation of new VC and private capital funds and the attraction of regional and global investors in Saudi beginnings.
The Role of Saudi Vision 2030
SVC success is closely linked to the broadest goals of the Kingdom’s economic diversification described in Saudi Vision 2030. in non-NAFT sectors. Increasing VC and private capital investments is a major indicator of progress towards these goals.
Saudi Arabia’s financial sector is undergoing a rapid transformation, with increasing government support for beginnings and SMEs through funding mechanisms such as the Bank of SMEs under which SVC operates. The Kingdom’s emphasis on innovation and entrepreneurship has positioned it as a major investment center in the Mena region.
The next view
Looking forward, the SVC aims to further strengthen the ecosystem of Saudi Arabia’s private capital by presenting new investment programs adapted for market needs. The focus of the company remains on increasing funding opportunities for beginnings and SMEs at different stages of growth, from pre-palating to front IPO rounds.
Through its ongoing investment in capital capital, private capital, entrepreneurship debt and private loans, the SVC is set to play a key role in the formation of the future of the Saudi Arabia financial landscape. By promoting a dynamic entrepreneurial environment and attracting international capital, SVC is helping to achieve the ambitious Saudi Vision 2030 goals.
While the Kingdom continues to lead the MENA region in capital investment of entrepreneurship, the role of SVC will remain integral to ensure sustainable economic growth and innovation -driven development. The company’s commitment to financial strengthening and ecosystem development is ready to lead the Saudi Private Sector of Saudi Arabia at new altitudes.