Saudi Venture Capital confirmed SAR1 billion in joint investments with 11 American fund managers
The Saudi Venture Capital Company (SVC) has announced joint investments worth SAR1 billion across 17 venture capital, private equity, and private debt funds managed by 11 American fund managers. The strategic move aims to strengthen economic cooperation between Saudi Arabia and the United States while supporting the expansion of technology-driven and innovative companies in their late-stage growth phases.
The agreements were formalised in Washington, D.C., in the presence of SVC Chief Executive and board member Dr. Nabeel Koshak, alongside Endeavor Catalyst Fund Chief Executive Linda Rottenberg and Valor Venture Fund Chief Executive Scott Sobel.
The initiative forms part of the Kingdom’s broader efforts to enhance cross-border investment in sectors of strategic importance such as advanced technologies, artificial intelligence, supply chain resilience, and the digital economy. It also aligns with the ambitions of Saudi Vision 2030 to build a diversified, sustainable economy that empowers the private sector and accelerates high-impact innovation.
Through these partnerships, SVC continues to play a pivotal role in connecting global capital with transformative opportunities in the Kingdom and beyond.
