News Saudi Venture Capital invests $30m in Olive Rock Partners Fund I

 

RIYADH: Regional startup funding is set to see a significant boost as Saudi Venture Capital announced a $30 million investment in Olive Rock Partners Fund I.  

The investment aligns with SVC’s strategy to develop and sustain financing for startups and small and medium-sized enterprises in strategic sectors.

Focused on mid-market buyouts that are demographically driven, geographically advantaged and technologically enabled, Olive Rock Partners Fund I is a regional private equity fund aiming to boost the ecosystem.

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