Saudi Venture Capital has invested in Khwarizmi Venture Capital Fund 2. The fund will focus on Seed to Series A technology and...
Saudi Venture Capital has invested in Khwarizmi Venture Capital Fund 2.
The fund will focus on Seed to Series A technology and tech-enabled startups across the GCC.
At least 50% of the fund's capital will be allocated to startups based in Saudi Arabia.
While sector-agnostic, the fund sees strong opportunities in fintech, e-commerce, and AI applications.
Press release:
JEDDAH: Saudi Venture Capital Co. has committed $1.2 billion since 2018 to venture capital and private equity funds, catalyzing…
RIYADH: Startups across the Middle East and North Africa have secured fresh capital spanning fintech, artificial intelligence,…
RIYADH: The Middle East’s startup ecosystem saw a steady flow of new funding and expansion activity this week, with investors…
RIYADH: A record-breaking number of venture capitalists are investing in Saudi Arabia’s thriving business environment, with the…
RIYADH: Saudi Arabia’s venture capital ecosystem is entering a pivotal phase of growth, fueled by a surge in domestic and…
RIYADH: Saudi Arabia emerged as this week’s main mover in startup activity across the region, with five firms announcing new…
