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Saudi Venture Capital (SVC) announced its investment of $30 million in Fund III managed by IMPACT46, a prominent asset management and advisory firm, which was among the first to receive authorization from the Capital Market Authority (CMA), reported the Saudi Press Agency on Monday. Fund III will invest in Saudi growth-stage companies and up to pre-IPO stage businesses, with an allocation to seed-stage startups and promising startups from the broader Middle East region. ....
Saudi firms dominate venture investment activity arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
Saudi Venture Capital invests $5mln in VentureSouq Fintech Fund zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Saudi Venture Capital Invests $5 Million to Back Fintech Startups cairoscene.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cairoscene.com Daily Mail and Mail on Sunday newspapers.