IMPACT46 Launches $133M Fund for Tech Startups in KSA and the MENA Region

IMPACT46 Launches $133M Fund for Tech Startups in KSA and the MENA Region

By Staff Writer, 07 February 2023
IMPACT46 Logo
  • IMPACT46 is one of the largest Venture Capital in Saudi Arabia and the MENA region
  • Saudi companies make up the largest proportion of IMPACT46’s portfolio
  • IMPACT46 is the largest investment partner for the first tech startup unicorn to be listed in the Saudi Stock Exchange

IMPACT46 announced its new SAR 500 million ($133 million) fund to invest in technology startups in Saudi Arabia and the MENA region. The Fund is the third and largest fund by IMPACT46. Through its funds, IMPACT46 aims to localize proven technologies to support local solutions. This is in line with Saudi Vision 2030 which aims to develop the national economy and

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