Saudi Venture Capital Invests In Khwarizmi Venture Capital Fund 2

2026-06-10 01:32:21

(MENAFN- Asdaf News) Riyadh – Asdaf News:

Saudi Venture Capital (SVC) has announced its investment in Khwarizmi Venture Capital Fund 2, managed by Khwarizmi Capital, an entity licensed by the Capital Market Authority of Saudi Arabia.

The fund focuses on Seed-to-Series A investments in high-growth tech and tech-enabled startups. While sector-agnostic, the fund sees strong potential in fintech, e-commerce, and AI applications across verticals.

Nora Alsarhan, Deputy CEO and CIO at SVC, said:“Our investment in Khwarizmi Venture Capital Fund 2 is driven by our mandate as a market maker in Saudi Arabia's venture capital ecosystem. Through these investments, we back Saudi fund managers who invest in early-stage startups and broaden funding options for founders building the next generation of high-growth Saudi companies.”

SVC is an investment company established in 2018. It is a subsidiary of the SME Bank, part of the National Development Fund. SVC aims to stimulate and sustain financing for startups and SMEs from pre-Seed to pre-IPO through investment in funds and direct investment in startups and SMEs.

Tags#Khwarizmi Venture Capital #SVC

MENAFN10062026007116015312ID1111240236

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.