Saudi Venture Capital Backs Aliph Fund I to Boost GCC SMEs
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Nabeel Koshak, SVC CEO
Saudi Venture Capital (SVC) has announced its investment in Aliph Fund I, a private equity fund managed by Gulf-based Aliph Capital. The fund focuses on mid-sized businesses in Saudi Arabia and the GCC, leveraging active ownership to drive growth and technology adoption.
SVC CEO Dr. Nabeel Koshak emphasized that the investment aligns with the Fund of Funds Program, which supports high-growth Saudi companies. Aliph Capital’s Founder and CEO, Huda Al Lawati, expressed excitement over the partnership, highlighting the significant opportunities SMEs in the region offer for value creation and digital transformation.
Source: EntArabi
Saudi Venture Capital Company
Saudi Venture Capital (SVC) is a Government Venture Capital firm, established in 2018, to stimulate financing startups and SMEs by investing $1.5 billion through investment in funds and co-investment in startups.
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