Global Trade Alert
Global Trade Alert

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

Announcement

16 Dec 2024

In December 2024, Saudi Venture Capital (SVC) made a capital injection of USD 150 million into the private equity fund Middle East Venture Fund IV managed by Middle East Venture Partners (MEVP) to support Saudi technology startups with high growth potential. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Dec 2024

Revocation date:

No revocation date

Updated: 16 Dec 2024
Financial investment support In force

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 ...

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