Saudi Venture Capital Co. (SVC) has committed $1 billion in investments 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 underscores SVC’s role in fostering Saudi Arabia’s private capital ecosystem, contributing significantly to record growth in venture capital, private equity, venture debt, and private credit markets.Saudi Arabia Leads MENA in VC Investments
Saudi Arabia has solidified its position as the top destination for venture capital (VC) investments in the Middle East and North Africa (MENA) region for the second consecutive year. According to data from MAGNiTT, the Kingdom secured $750 million in VC funding in 2024, accounting for 40 percent of total regional VC capital. The nation also witnessed a 16 percent increase in deal flow, closing 178 deals—the highest in the region. The United Arab Emirates (UAE) followed with $613 million in VC investments across 188 deals, leading the region in deal volume and achieving 12 exits.
VC funds SVC invested in, page 21, Impact report available at: … [+] https://svc.com.sa/wp-content/uploads/SVC_Impact_Report-_January_2025.pdfsvc.comSVC’s Strategic Contributions
Since its founding, SVC has backed 54 funds that have invested in over 800 startups and small and medium enterprises (SMEs) across vital sectors, including e-commerce, fintech, healthcare, education technology (edtech), transport, and logistics.
SVC’s efforts have played a crucial role in attracting investors to Saudi startups and SMEs. Its strategic initiatives have encouraged both regional and international investors to establish and expand venture capital and private equity funds in the Kingdom, fostering a robust entrepreneurial ecosystem aligned with Saudi Vision 2030.
“We are committed to further stimulating the private capital ecosystem in Saudi Arabia by launching required investment programs and developmental initiatives based on an analysis of the ecosystem’s needs,” said Dr. Nabeel Koshak, CEO and board member of SVC for Arab News.
Expanding Saudi Arabia’s Private Capital Ecosystem
The “Impact Report” highlights how SVC has strengthened the private capital ecosystem by introducing initiatives that address the sector’s needs. Among these are educational collaborations with local and international partners designed to enhance the skills of fund managers and investors. SVC also facilitates data-driven decision-making through the publication of market insight reports that provide valuable intelligence on investment trends.
The company’s influence extends beyond financing; its developmental programs aim to sustain long-term growth in Saudi Arabia’s investment landscape. These initiatives have been instrumental in increasing investor participation, leading to the establishment of new VC and private equity funds and attracting regional and global investors to Saudi startups.
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