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Saudi Venture Capital Investment Company
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Saudi Venture Capital (SVC) is a government investment company established in 2018 by the Small and Medium Enterprises General Authority (Monsha'at) as part of the Private Sector Stimulus Plan of Saudi Arabia. With a current fund size of over SAR 4 billion, SVC's mission is to minimize the equity financing gap for startups by investing in venture capital funds and co-investing with angel groups and institutional investors. The company's strategy focuses on a "fund of funds" model to support the development of the venture capital ecosystem, thereby fostering the growth of innovative startups and contributing to the diversification of the Saudi Arabian economy.
Saudi Arabia
Industry
Financial