SVC reveals SAR 1B joint investments with 11 US fund managers

SVC announces SAR 1bn in joint investments with 11 US fund managers to boost advanced-stage tech and innovation under Vision 2030

Saudi Venture Capital Co. (SVC) announced joint investments worth SAR 1 billion across 17 venture capital (VC), private-equity, and private-debt funds managed by 11 US fund managers.

According to SPA, the move strengthens economic partnership opportunities between Saudi Arabia and the United States and supports the growth of advanced-stage technology and innovation-driven companies.

SVC said the initiative aligns with the Kingdom’s efforts to expand investment cooperation in strategic and high-potential sectors — particularly advanced technologies, a=-[rtificial intelligence, supply chains, and the digital economy — in line with Vision 2030 goals to build a diversified and sustainable economy and create high-quality private-sector opportunities.

SVC CEO and Board Member, Nabeel Koshak, said the agreements reinforce the private sector’s central role in the Saudi-US economic partnership and highlight the importance of private capital in supporting company growth, expansion, and value-added job creation. He added that SVC’s investments in US funds represent a practical model for boosting cross-border investment and knowledge transfer, in line with Vision 2030’s diversification and sustainability objectives.

SVC seeks to stimulate and sustain financing for late-stage growth companies through investments in VC, private-equity, and private-debt funds. The strategy strengthens the Kingdom’s position as a regional hub for private capital, expands global partnerships, and supports the development of high-potential industries and domestic capabilities in strategic sectors, he added.