Tech Invest Com Invests SAR 1 Billion in Startups
Hussein A.Attar, CEO of Tech Invest Com, stated that his company focuses on investing in startups to foster their growth and expansion, aiming to transform them into major entities in the future.
A.Attar mentioned that Tech Invest Com, established in 2005 and headquartered in Saudi Arabia, has successfully invested SAR 1 billion in startups and technology ventures across the MENA region.
In an interview with “entArab” on the sidelines of the FII8 conference, Al-Attar emphasized that the company prioritizes investments in startups, particularly in the technology sector.
He explained that his company has invested in several startups, including Foodics and Tamar, with the goal of developing and expanding these entities in the future.
Regarding participation in the FII8 conference, Al-Attar confirmed that Tech Invest Com is looking to connect with entrepreneurs, investors, and decision-makers.
He added that the eighth edition of the conference is unique in bringing together decision-makers and investors, pointing out that the discussions held in the sessions of this significant event greatly contribute to gaining insights into new technologies, including artificial intelligence.
He noted that attending these sessions allows participants to hear expert perspectives, facilitating valuable investment agreements and deals that benefit all involved, whether they are investment firms or entrepreneurs.
A.Attar expressed that the eighth edition of the FII8 conference is the best so far compared to previous ones, and participation in it aligns with Tech Invest Com’s interests.
He added that such engagements are instrumental in understanding the trends among decision-makers and investors and identifying the top entrepreneurial sectors for current and future investment.