Saudi Venture Capital Company (SVC)
SVC is a government-backed fund of funds aimed at fostering the venture capital ecosystem in Saudi Arabia.
Sector Focus
Preferred Investment Stage
Seed Series A Series B
Fund Type
Gov or Gov-Backed Program
Avg. Ticket Size Range
$500K-$10M
Overview
Launched in 2018 by the Saudi government, Saudi Venture Capital Company (SVC) is a fund of funds dedicated to boosting venture capital in Saudi Arabia. SVC provides funding to support startups and growth-stage companies across sectors critical to the kingdom’s Vision 2030 initiative.
Portfolio Highlights
- Jahez: A leading food delivery platform in Saudi Arabia.
- Foodics: A cloud-based restaurant management solution that simplifies operations for food businesses.
Website
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