Development finance institution

Saudi Venture Capital Company (SVC)

Compiled from public sources

Saudi Venture Capital Company (SVC) is a state-backed asset manager established in 2018 to develop the private capital funding landscape across Saudi Arabia. Operating as a subsidiary of the SME Bank—an entity structured under the National Development Fund (NDF)—SVC serves as a specialised financial catalyst with a $3 billion allocation program. The firm's core objective is to expand its financial solutions for emerging enterprises across the entire corporate lifecycle, from pre-Seed to initial public offerings (pre-IPO). Guided by the principle of balancing localised economic development with commercial success, SVC operates through a combination of private capital fund investments and targeted enterprise co-investments to mobilise international partnerships and mature the regional startup ecosystem.

Sources

  1. Partner Researchers, accessed 14 November 2026
  2. https://vcwire.tech/2025/12/03/propeller-launches-50m-fund-iii/, vcwire.tech. Accessed 14 November 2026.
  3. https://www.spa.gov.sa/en/N2230339, www.spa.gov.sa. Accessed 14 November 2026.