Riyadh Valley Company (RVC), the investment arm of King Saud University, has officially announced its strategic investment in Japan’s renowned venture capital fund, Abies Ventures Fund II.
Founded in Tokyo in 2017, Abies Ventures specializes in investing in startups focused on advanced and deep technologies (DeepTech) across critical fields of science and engineering, including robotics, processing technologies, communications, and advanced materials.
In this regard, Dr. Khalid bin Saad Al-Saleh, CEO of Riyadh Valley Company, stated:
“Riyadh Valley Company’s investment in Abies Ventures Fund II aligns with our strategic investment objectives and contributes directly to strengthening the knowledge-based economy. The fund delivered exceptional performance in its previous cycle and operates within the Japanese market, recognized as one of the top three global venture investment hubs. Japan currently leads global venture capital deals and is witnessing a dynamic growth phase, supported by both government initiatives and private investors.”
This investment aims to build a diversified investment portfolio that not only supports the strategic objectives of King Saud University but also advances the goals of Saudi Arabia’s Vision 2030, particularly in cultivating a robust knowledge-based economy.
