Saudi Venture Capital Company (SVC)

Last updated:
November 19, 2024
Saudi Venture Capital Company (SVC)
SVC is a government-backed fund of funds aimed at fostering the venture capital ecosystem in Saudi Arabia.
Preferred Investment Stage
Seed
Series A
Series B
Fund Type
Gov or Gov-Backed Program
Avg. Ticket Size Range
$500K-$10M
Varies depending on program
HQ Location
Riyadh, Saudi Arabia
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.