VC fund 500 Global hunts for Saudi Arabia's next tech unicorn
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VC fund 500 Global hunts for Saudi Arabia's next tech unicorn
RIYADH: Venture capital fund 500 Global has brought its prolific funding pace to Saudi Arabia and is looking for the next tech unicorn — a startup valued at over $1 billion. The San Francisco-based firm, co-founded by CEO Christine Tsai, has cast its net wide, funding more than 2,600 startups in at least 75 countries since it was founded in 2010. It has $2.3 billion in assets
Source: arabnews.com