Saudi Venture Capital (SVC) has announced its investment in the Artal Growth Opportunities Fund, a closed-ended private equity fund regulated by Saudi Arabia’s Capital Market Authority and managed by Riyadh-based Artal Capital.
The fund is designed to accelerate the growth of high-potential companies by providing capital and leveraging Artal Capital’s expertise in business expansion and corporate governance. It supports portfolio companies in scaling operations, entering new markets, and strengthening governance frameworks to drive profitability.
Focusing on businesses at the expansion and growth stage, the fund targets technology-driven models in sectors with strong innovation potential. Its primary emphasis is on Saudi Arabia and the broader Gulf Cooperation Council (GCC) region, prioritizing digital solutions and post-investment value creation.
Dr. Nabeel Koshak, Chief Executive and Board Member at SVC, stated:
“This investment aligns with SVC’s Investment in Funds Programme and our strategy to attract fund managers who invest in Saudi-based companies while stimulating investment in the growth stage.”
Rayan Alrasheed, Chief Executive of Artal Capital, added:
“SVC’s investment reinforces confidence in our strategy and investment approach. It will accelerate the growth of our portfolio companies and contribute to Saudi Arabia’s evolving investment landscape.”
Established in 2018, SVC operates as a subsidiary of SME Bank under Saudi Arabia’s National Development Fund. The company plays a vital role in financing startups and small to medium-sized enterprises (SMEs) from pre-seed to pre-IPO stages through fund investments and direct capital support for early and growth-stage businesses.
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