Public Investment Fund
Sanabil’s Venture Studio celebrates one year anniversary
Sanabil Investments, a financial investment company wholly owned by the Public Investment Fund (PIF), continues their efforts to serve and further develop the Saudi Arabian startup ecosystem through t...
Jada Fund of Funds to invest in Investcorp’s Saudi Pre-IPO Growth Fund
Investcorp has announced that Jada Fund of Funds, a subsidiary of the Public Investment Fund (PIF), has committed to invest in Investcorp Saudi Pre-IPO Growth Fund (the “Fund”). The Fund
Flat6Labs closes Startup Seed Fund in Saudi Arabia
Flat6Labs announces the first close of the “Startup Seed Fund” in Saudi Arabia, with the participation of the Saudi Venture Capital Company (SVC) and the “Jada” Fund of Funds, wholly owned by the Publ...
Spoilz Games raises 2.6 million SR in pre-seed funding
Riyadh based, mobile gaming studio and publisher, Spoilz Games has closed a pre-seed investment round of 2.6 million SR from angel investors. This investment will allow the company to further develop ...
Noon.com set to draw $2 billion in financing from investors over the next 3-4 years
Noon.com is set to draw as much as $2 billion in financing from investors including Saudi Arabia’s sovereign wealth fund over three to four years, as it seeks to capture a larger slice of the Gulf e-c...
Unifonic raises $125 million in Series B funding round
Riyadh based customer engagement platform, Unifonic raised $125 million in Series B funding round, led by SoftBank Vision Fund 2 and Sanabil Investments. Unifonic’s solutions integrate customer commun...