
Saudi Venture Capital Company
VC · (Saudi Arabia)
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About
Saudi Venture Capital Company (SVC) is a Government Venture Capital established in 2018, part of the Private Sector Stimulus Plan (PSSP). This is to minimize current equity funding gaps for Startups by investing SAR 2.8 Billion ($ 750 Million).Vision:SVC aims to develop the Venture Capital Ecosystem in Saudi Arabia to support startups by co-investing along with angel investors, venture capitalists, and sophisticated investors in startups as well as investing in funds.What do we invest in?We co-invest in innovation-driven startups with potential high and fast growth as well as funds that invest in such startups. We focus on startups that will have impact on Saudi Economy.Principles:• Balance economic impact and financial success.• Prioritize national mandate and focus on local investments.• Sector agnostic and gap-oriented approach to develop the overall VC ecosystem.• Minority stake in startups as per VC best-practices.Our Programs:1. Co-Investment in Startups:Direct co-investment along with angel investors, venture capitalists, and sophisticated investors in Startups through matching (up to 1:1). This is to stimulate seed, early stage, and growth stage investments in startups.2. Investment in Funds:Investing in VC funds to catalyze venture capital investments and lower the barriers to entry for fund managers looking to operate in the VC market.
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