A report from the Saudi Venture Capital Company (SVC) revealed that the total investments committed since its establishment amount to $1 billion, while the total investments, including those from partners, are estimated at around $4.8 billion.
SVC has invested in 54 funds, including those focused on vital sectors such as e-commerce, fintech, healthcare, education, transportation, and logistics, and has participated in funding over 800 startups and small companies.
Among the funds SVC has invested in are IMPACT46, ARZAN VENTURE CAPITAL, DERAYAH VENTURES, ENDEAVOR CATALYST, and HALA VENTURES.
The report highlighted that SVC’s strategy helped maintain Saudi Arabia’s position as the leading country in the Middle East and North Africa for venture capital funding in 2024.
