BIG BACKER
SVC emerges as bedrock firm in Saudi Arabia’s investment push
The government-supported investor has backed 40 funds that have in turn invested in over 700 startups and SMEs
Riyadh skyline. The city is the fastest-growing startup hub in the region. (Getty Images)
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Saudi Venture Capital Co. is emerging as the driving force behind Saudi Arabia’s meteoric rise in VC investing. For the first time, the kingdom clinched the top spot last year as the most active investor in the MENA region,...