Saudi Venture Capital (SVC) has invested in SEEDRA Ventures Fund II, a venture capital fund managed by SEEDRA Ventures, to support early-stage, high-growth technology startups in Saudi Arabia.
Launched by SEEDRA Ventures, which was founded in 2019, the fund targets startups across sectors including artificial intelligence (AI), fintech, proptech, SaaS, logistics, and other technology-enabled industries, with a focus on companies at the early stages of growth.
Through the investment, SVC aims to expand access to institutional capital for Saudi founders, in line with its strategy of supporting startups from the pre-seed stage through pre-IPO.
Press release:
Saudi Venture Capital (SVC) has announced its investment in SEEDRA Ventures Fund II, a venture capital fund managed by SEEDRA Ventures, an entity licensed by the Capital Market Authority of Saudi Arabia.
