Announcement
02 Oct 2023
In October 2023, Saudi Venture Capital (SVC) made a capital injection of USD 30 million in the private equity fund 'Fund III' managed by Impact46 to support Saudi growth-stage companies and up to pre-IPO stage businesses as well as seed-stage startups.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
02 Oct 2023
Revocation date:
No revocation date
Capital injection and equity stakes (including bailouts)
In force
On 2 October 2023, it was announced that Saudi Venture Capital (SVC) made a capital injection of USD 30 million into the private equity fund 'Fund III' managed by Impact46, a Saudi-based asset managem...
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