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Saudi Venture Capital Company (SVC) is an investment firm growing Saudi Arabia's venture capital and private equity market. It invests in various private capital funds, including venture capital, private equity, and venture debt. This strategy provides essential financing for startups and SMEs across their lifecycle, from early development to public listing.
Established in 2018, SVC was created as a subsidiary of the SME Bank, part of the National Development Fund. Its formation stemmed from a governmental insight into the critical need for a structured venture capital ecosystem. This initiative aims to stimulate capital flow and foster innovation within the Kingdom's emerging business environment.
SVC’s beneficiaries are startups and SMEs gaining capital through its supported funds. It also strengthens fund managers by expanding their investment capacity. The company envisions creating a dynamic and sustainable venture capital and private equity market in Saudi Arabia, driving economic diversification, innovation, and long-term prosperity.
Saudi Venture Capital Company has 1 tracked investment across 1 company. The latest tracked deal is $300K Seed in Dabchy in September 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 23, 2019 | Dabchy | $300K Seed | Hasan Haider | Daal VC, Flat6Labs, Kais AL Essa |