"Monsha'at strives to diversify the funding sources for enterprises, support the initiatives within the venture capital sector, and develop policies and standards for funding small and medium projects."
RIYADH: Investments in Saudi Arabian startups grew by 770 percent in 2021, reaching a record-high of SR2 billion ($548 million), a new report showed. This was up from SR236 million in 2018, according to a Saudi Venture Capital Impact Report. It also revealed the number of investors in Saudi startups rose by 192 percent, reaching 76 in 2021, up from 26 three years earlier. SVC
Saudi Venture Capital invests in SEEDRA 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 Co funded 75 companies with no failures, CEO says 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.