- Saudi Venture Capital (SVC) Invests in Artal Growth Opportunities Fund
- Investment to Support Startups in the GCC
Saudi Venture Capital (SVC) has announced its investment in the Artal Growth Opportunities Fund, a closed-end private equity fund regulated by the Saudi Capital Market Authority and managed by Artal Capital.
The fund aims to support high-growth companies by providing capital and leveraging Artal Capital’s expertise in value creation.
This investment will help portfolio companies achieve their expansion and profitability goals, focusing on accelerating commercial growth, geographical expansion, and enhancing corporate governance and internal controls.
The fund primarily targets companies in their expansion and growth phases within the Gulf Cooperation Council (GCC) region, with a particular focus on the Saudi market.
It places significant emphasis on technology-driven business models in high-growth sectors with strong innovation potential, focusing on digital solutions and post-investment value creation.
SVC, established in 2018, is an investment firm affiliated with the Small and Medium Enterprises Bank, which operates under the supervision of the National Development Fund.
The company aims to stimulate and support funding for startups and SMEs, from pre-seed stages to pre-IPO, through fund investments and direct investments in emerging and small businesses.
