Global Trade Alert
Global Trade Alert

Saudi Arabia: Saudi Venture Capital announces USD 20 million investment in BECO Capital's Booster Fund IV to support Saudi businesses

Announcement

06 Nov 2024

In November 2024, Saudi Venture Capital (SVC) made a capital injection of USD 20 million into the private equity fund Booster Fund IV managed by BECO Capital to support Saudi companies in the early stages.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Nov 2024

Revocation date:

No revocation date

Updated: 06 Nov 2024
Financial investment support In force

On 6 November 2024, it was announced that Saudi Venture Capital (SVC) made a capital injection of USD 20 million into the private equity fund Booster Fund IV, a venture capital fund managed by BECO...

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