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Saudi Arabia's SVC strikes first LP bet of 2025

VCCircle · 5m

Saudi Venture Capital (SVC), a state-owned entity in Riyadh managing $2.2 billion in assets, has made its first limited partner investment of 2025. This investment is in a UAE-based venture capital fund aimed at supporting tech-focused early-stage startups in the region. Established in 2018 with an initial $1 billion in assets under management, SVC continues to bolster the startup ecosystem within the region through strategic investments.