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Saudi Arabia: Saudi Venture Capital announces USD 150 million investment in Middle East Venture Fund IV to support technology startups

Description

On 16 December 2024, Saudi Venture Capital (SVC) made a capital injection of USD 150 million into the private equity fund Middle East Venture Fund IV, a venture capital fund managed by Middle East Ven...

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Intervention Details

Intervention Type

Financial investment support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Dec 2024

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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