Saudi Venture Capital (SVC) has announced a $20 million investment in Booster Fund IV, managed by BECO Capital. The fund focuses on financing early-stage startups in the Gulf region, with BECO Capital managing assets worth $495 million across four funds.
Booster Fund IV targets startups with high growth potential and the ability to make a significant impact across various sectors, from early funding stages to Series A rounds, with a primary focus on the Gulf region and Saudi Arabia.
This investment aligns with SVC’s strategy to support funds investing in Saudi startups, especially in their early growth stages.
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