Investors in Saudi Arabia

Elm, the state owned company, is the leading provider of innovative secure services & solutions to both public and private sectors in Saudi Arabia. We provide readymade e-services & training, customized IT solutions & training, governmental support services and consultations. Elm’s customer base currently comprises over 25,000 private & public organizations on top of individual customers, helping them achieving remarkable results in increased efficiency in addition to cost & time reduction.

Arabian Gulf Fund is a private equity arm of Arabian Gulf Holdings LLC specializing in recapitalization, buyout, buy in, and growth capital, development and capitalization stage investments in middle market and small and medium enterprises. It prefers to invest in all sectors covering key areas such, as career education, healthcare services, infrastructure ancillaries, and oil and gas logistics. The firm seeks to invest in Middle East and North Africa with focus on the Gulf Co-operation Council (GCC) countries. It typically invests between $5 million and $40 million in companies with an enterprise value between $15 million and $100 million. The firm invests out of personal capital and exits investments primarily through strategic buyers and initial public offerings. Arabian Gulf Fund was founded in 2008 and is based in Dubai, United Arab Emirates with an additional office in New York, New York.

Saudi Aramco Entrepreneurship Center (Wa'ed) promotes entrepreneurship and helps develop local Small and Medium-sized Enterprises (SMEs) by encouraging aspiring entrepreneurs to establish or expand SMEs in their respective fields. The Center provides a variety of programs that offer non-collateralized loans or equity partnerships, along with the guidance and tools that develop and nurture entrepreneurs and their businesses.The Center’s programs include the debt funding program, Wa’ed Loans, with its robust pre-funding and post-funding support and Wa’ed Equity, which is an economic development program that offers equity partnerships in promising ventures. Aramco Entrepreneurship Center also established StartUp Lab which provides Business Incubation for innovative result-driven budding entrepreneurs. In addition, StartUp Lab hosts its flagship program “CO-OP to Entrepreneur” which supports the establishment of new businesses by university students even before they graduate, turning them to job makers rather than job seekers.Entrepreneurs and SMEs are key contributors to job creation and represent a major source of employment. Furthermore, Entrepreneurs act as powerful agents for economic diversification including developing local content and fostering innovation. Realizing the full potential benefits presented by this opportunity will require substantial effort to help the Kingdom’s entrepreneurial ecosystem reach maturity across structural and cultural dimensions.By combining deep sector knowledge and a collaborative team that is diligent, dynamic, and engaging, Aramco Entrepreneurship Center harnesses potential business ideas and cultivates a great atmosphere that empowers a new generation of entrepreneurs in Saudi Arabia.

Aramco Ventures (AV) is the corporate venturing arm of Aramco, the world’s leading integrated energy company. Headquartered in Dhahran with offices in North America, Europe, and Asia. Aramco Ventures’ mission is to invest globally in start-ups and technologies that have strategic relevance globally and to Aramco's business, with the ability to scale and disrupt. For more information about Aramco Ventures, please visit www.aramcoventures.com.

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.

Saudi Venture Capital Investment Company (the “Company”) is a Saudi closed joint stock company, registered in Riyadh, Kingdom of Saudi Arabia. The Company has obtained a license number 09139-36 dated 29 Jumada Thani 1430H (corresponding to 22 June 2009) from the Capital Market Authority (“CMA”). Subsequently the company has obtained a new license number 12165-37 dated 25 Muharam 1434H (corresponding to 9 December 2012).The Company is registered under commercial registration number 2051064716 dated 1 Safar 1432H (corresponding to 5 January 2011) and ministerial resolution number 6-Q dated 5 Muharram 1432H (corresponding to 11 December 2010). The Company was authorised by CMA to commence business on 12 Rajab 1432H (corresponding to 14 June 2011). The objectives of the Company are to provide dealing (as principal and underwriter), managing, advisory, arranging and custodial services.During 2016,pursuant to a decision of the shareholders, the company's paid up capital has been reduced, by cash out, from SR 251.25 million (represented by 25,125,000 shares) to SR 101.25 million (represented by 10,125,000 shares) in proportion to the existing ownership percentages of the shareholders.The Company’s paid up capital is SR 101.25 million represented by 10,125,000 shares owned by group of 32 shareholders across the kingdom of Saudi Arabia and other GCC countries, the majority of shareholdings is held by Saudi Venture Capital investment Company – Bahrain (29.81%), Venture Capital Bank B.S.C (10%), Abdulaziz Bin Ajlan Al Ajlan Son's Company (10%), and Jeddah Investment Company (10%), the rest of ownership is with other shareholders who owns 5.33% and below.The Company benefits from the financial backing and support of a selected group of prominent regional shareholders, an experienced team of industry professionals, and a close-knit network of strategic partners, business associates and allies. Saudi Venture Capital Investment Company offers its clients a broad range of superior services and unique investment opportunities across a number of promising asset classes in the Saudi and MENA markets. In addition to its own capital, the company possesses an exceptional capability to build a consortium of investors from its shareholders/ clients.SVCIC is uniquely positioned to lead the development of the nascent venture capital industry in Saudi Arabia by providing unmatched levels of support for fundamentally strong small-to-medium enterprises (SMEs) that lack the necessary resources for growth and expansion.The company mainly operate its business from Saudi Arabia market

Saudi Egyptian Industrial Investment Co is a venture capital and private equity firm specializing in start-up and expansion stage. The firms prefers to invest in industrial sector. It typically invests in Egypt. It prefers to invest up to $15.87 million (EGP 250 Million). It prefers to take minority stake. It prefers to exit from investments within three to five years. Saudi Egyptian Industrial Investment Co is based in Cairo, Egypt.

The Saudi Technology Development and Investment Company (TAQNIA) was established in June 2011 by Royal Decree to localize technology in Saudi Arabia and commercialize outputs of R&D centers.TAQNIA invests in technology that contributes towards Saudi Arabia’s economic diversification. TAQNIA is proud to be fully aligned with Saudi Vision 2030.TAQNIA is owned by the Public Investment Fund (PIF) which drives strategic and sustainable diversification enabling growth in different industries in Saudi Arabia.

STV (Saudi Technology Ventures) is the largest technology VC fund in the Middle East. With over $500 million in capital, STV backs and scales the region’s most exciting and disruptive technology companies.

DAAL is a Venture capital firm specializing in growth capital and emerging growth investments. The firm likely invests in Information Technology particularly in Saas (Software as a service), Iot (Internet of Things), AI (Artificial Intelligence), Fin tech, Big Data, marketplace and more products. The firm seeks to pioneer investment opportunities in the emerging technology sector within the GCC (Gulf Cooperation Council) region and beyond. DALL was founded in 2017 and is headquartered in AL Khobar, Saudi Arabia.

Oqal Group is (a combination of the words “minds” and “money”) created by a group of business youth to connect young people with existing innovative digital startups with young people with money and financial capabilities to form economically feasible entities that contribute to prosperity and benefit The economy of society in general.

Jaree is a Saudi Arabian venture capital platform that democratizes access to early-stage investments, connecting vetted startups with a network of VCs and angel investors.

The Abraaj Group is a private equity, venture capital, and real estate investment firm specializing in early venture, seed, growth capital, emerging growth, mid venture, late venture, expansion capital, industry consolidation, mezzanine, subdebt, PIPES, buyouts, bridge, recapitalization, infrastructure, and buy and build in mature companies. It seeks to invest in small and medium sized enterprises in emerging markets. The firm typically invests in oil, gas and consumable fuels, metals and mining, agricultural machinery and equipment, agricultural services, auto parts and equipment, leisure facilities, pharmaceuticals, services outsourcing, water utilities, real estate, health care and clean energy, manufacturing, food products, FMCG, construction, healthcare services, industrials, telecommunications, resource and infrastructure services, education, information technologies, aviation, materials and logistics, agribusiness, energy, and food industries. It focuses on consumer goods and services, within which it also focuses on fast moving consumer goods manufacturing, retail, and food & beverage. Within financial services it also focuses on banking, non-bank financial institutions (such as mortgage or consumer finance specialists), insurance companies (life, general and reinsurance), and payments and fintech businesses. Within healthcare it focuses on hospitals & clinics and other type of service providers in the healthcare domain. Within education, it focuses on private K-12 schools and traditional graduate and post-graduate, campus-based universities. We are also investing in clean energy power generation, i.e., renewable power generation assets. We will also selectively invest in base-load gas-fired power generation assets and select midstream and downstream energy infrastructure assets including transmission and distribution assets that complete the value chain. It invests in companies based in Far East, the Middle East including Saudi Arabia, North Africa, Kenya, Ghana, Nigeria, and South Asia with a focus on Egypt, Lebanon, Jordan, Algeria, Pakistan, Turkey, the Palestinian territories and the six Gulf Arab nations that make up the Gulf Cooperation Council. The firm also seeks to invest globally with a focus on Sub Saharan Africa including Ivory Coast region; Latin America including Argentina, Brazil; Central Asia; and Southeast Asia including India and the Philippines. The firm seeks to make equity investments between $0.5 million and $100 million; typically investing $10 million to $100 million in private equity investments as well as in real estate. It prefers to invest between $100 million and $300 million in its portfolio companies. It prefers to invest in companies with revenue between $6 million to $35 million. The firm acquires controlling or significant interest and seeks board representation in its portfolio companies. It typically exits its investments within a period of three years to five years through structured exits to strategic and trade buyers or onto public markets in the region. The firm seeks majority and minority positions in public enterprises ranging between 10% and 49%. The Abraaj Group was founded in 2002 and is headquartered in Dubai, United Arab Emirates with additional offices across Asia, Africa, and Europe.

Savola is one of the leading strategic investment holding companies in the MENA (Middle East and North Africa) Region, with a portfolio of leading brands in the food and retail sectors.Since 1979, Savola has built a reputation for creating “Value Built on Values” through our diverse and expanding portfolio of investments in leading food and retail companies. Investors across the Kingdom and around the world trust Savola for our strong performance, specialist market knowledge and commitment to sustainability impact through our standalone Savola World Foundation. We operate the largest grocery store chain in Saudi Arabia, and produce much-loved everyday household products, including edible oil, sugar, pasta, bakery products and frozen foods, for our valued customers in over 50 countries worldwide.

Swicorp is a private financial services group providing solutions in the spheres of investment banking, private equity and asset management in the Middle East and North Africa (KSA, UAE, Bahrain, Jordan, Tunisia, Morocco, Algeria, Egypt and Turkey).Founded in 1987 by current chairman Kamel Lazaar, Swicorp today has grown to be one of the region’s premier financial services providers, with close to 100 employees worldwide.Licensed by both the Saudi Capital Market Authority and the Dubai Financial Services Authority, our teams leverage our regional and international network, servicing clients and investors who are seeking lucrative opportunities.Our local expertise, combined with our world-class financial solutions, has allowed us to gain a robust client base amongst leading financial institutions and regional corporations. Furthermore, it established trust with our clients to enable us to raise in excess of $1 Billion in private equity funds. Through our extensive principal investment network, we are also able to activate significant proprietary investments for MENA and international opportunities across various asset classes.

Impact46 is a Riyadh-based asset management firm focusing on Saudi and regional tech-driven startups from early to growth stages, with a strong presence in Fintech, SaaS, and Gaming.

Equivator is an is a private equitya firm specializing in every stage. The firm seeks to invest through growth capital, strategic buyouts, M&As, or acquisitions. The firm invests in tech ventures, Tech Companies, Fintech, Financial Technology, ConsTech, Construction Technology, Blockchain Technologies, sustainable and smart infrastructure and SAAS. The firm seeks to invest MENA region. Equivator was founded in 2023 and is based in Riyadh, Saudi Arabia.

Our objective is to build societies where knowledge empowers every individual to realize their full potential to contribute to the greater good and to be responsible for future generationsNour Nouf for knowledge is the umbrella For three business lines:1- Nour Nouf Ventures (Investments)2- Nour Nouf Offices (Co-working space)3- Nour Nouf Community (Sponsorships and CR)

Derayah Venture Capital Fund seeks to back founders who are looking to build and expand their companies in the MENA region. Our primary focus is geared towards startups in their early or growth stages based in Saudi Arabia, as well as organizations based in the MENA region that are seeking to expand their footprint to the Saudi Arabia.

ewpartners is a venture capital firm specializing in growth capital, directly investment. The firm prefers to invest in digital infrastructure, cloud services, social media, consumer technologies, e-commerce, logistics, financial technologies, education tech, travel and tourism, industrials, healthcare, SaaS, IT services, enterprise services, mobile technologies, fintech, gaming, instant messaging, cyber security, cross-border supply chain, retail, consumer and digital entertainment. It seeks to invest in China, and emerging markets such as India, South-East Asia and MENA. ewpartners was founded in 2018 and is based in Riyadh, Saudi Arabia with additional office in Beijing, China.

Joa Capital is an asset management firm. The firm also manages venture capital fund specialize in early stage investments. It invests in finance, infrastructure with a focus on technological development. The firm prefers to invest in Saudi Arabia. Joa Capital was founded in 2020 and is based in United Arab Emirates.

Outliers is an early-stage venture capital fund backing outlier founders building compounding businesses in the US & MENA. Built by operators, Outliers partners with teams who are leveraging unique insights to address current or emerging market needs with technology solutions.

AlTouq Group is a Saudi Arabian Family Office established in the 1970's as an investment vehicle for the AlTouq family. It has grown into a sophisticated local and international investor with a global revenue generating asset base. Together, the family patriarch and the next generation of family leaders and professionals who work in the Group, have utilized their expertise and insights to harness AlTouq Group into a large asset management group that aims to generate superior returns across its globally diversified portfolio. As a sophisticated financial investor, AlTouq Group has focus on the entire breadth of liquid and illiquid, traditional and alternative asset classes ranging from direct investments, real estate, public and private equity to hedge funds amongst others. The Group has time-tested investment relationships with top decile managers in all asset classes and works closely with them on existing and new investment opportunities. The geographical span of AlTouq Group investments is a mix of strategic and opportunistic allocations in Europe, North/South America, Asia and the MENA region. Some industry verticals that have enjoyed greater investment focus with AlTouq Group in recent years include industry verticals such as: Food, consumer & retail | Power & Energy | Financial services | Healthcare and | ICT. Other sectors such as real estate, industrials and multi-investment businesses continue to be positioned in the AlTouq Group investment portfolio as well.

Fajr Capital Limited is a private equity and venture capital firm specializing in early venture, mezzanine, growth capital, buyout, infrastructure investments. It makes its investments with a commitment to Shariah principles. The firm invests in companies operating across diversified sectors with a focus on financial services, infrastructure, healthcare, energy and resources, education, food and beverage sector, logistics, oil and gas services, industrial manufacturing, and renewable energy. The firm also makes investments in waste water treatment, hospitals and healthcare centers, schools, marine ports and services, road and rail, marine, water, sewer and pipeline construction, petrochemicals, oil and gas storage and transportation sectors. The firm primarily makes its investments in high-growth Organisation of Islamic Cooperation (OIC) markets focusing on Algeria, Brunei Darussalam, Indonesia, Malaysia, Saudi Arabia, Turkey, the United Arab Emirates, Oman, Egypt, Bahrain, Iraq, Jordan, Kuwait, Qatar, Libya, Morocco, and Tunisia. The firm invests between $50 million and $100 million in its portfolio companies. Fajr Capital Limited is based in Dubai, United Arab Emirates with additional offices in Kuala Lumpur, Malaysia and London, United Kingdom.

GameFounders is an accelerator, venture capital and incubator specializing in early stage and startup investment. It is specifically interested in game studio, mobile, VR and AR studios. It prefers to invest in companies based in Europe, Asia and Middle East, in Estonia, Malaysia and Saudi Arabia. It typically invests up to $0.03 million. The firm prefers to take minority stake in companies. The firm takes dilatable 9% stake and provides an initial grant of $25000. It offers a three-month long program, and usually accept 10 studios per program. The accelerator prefers investing in a two or more-person team or company with launched games/demos/slices from any country in the world. The shortlisted teams have to send at least two team members to live and work in the program’s location for three months. GameFounders was founded in 2012 and is based in Tallinn, Estonia.