Saudi Venture Capital Investments Company

Saudi Venture Capital Investments Company, established in 2009 and based in Al Khubar, is dedicated to fostering the growth of the emerging venture capital sector in Saudi Arabia. The firm focuses on investing in small to medium enterprises (SMEs) that demonstrate strong fundamentals but often lack adequate resources for expansion. SVCIC primarily targets companies within the mobile, food technology, and beauty sectors, providing essential support to enhance their development. By offering financial backing and strategic guidance, SVCIC aims to drive innovation and bolster the overall economic landscape in the region.

Robert C. Wages

Deputy Chairman

Past deals in Riyadh

Nana

Series B in 2020
Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes. Nana was established in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.

Nana

Series A in 2019
Nana is an online grocery platform that provides doorstep deliveries of groceries and other home essentials. The company's platform offers a wide assortment of groceries, fruits, and vegetables, cosmetics, electronics, bakery items, and flowers that enables consumers to purchase products online and get them delivered to their homes. Nana was established in 2016 and is headquartered in Riyadh, Ar Riyad, Saudi Arabia.

Dhad

Seed Round in 2018
Dhad is a publishing company based in Riyadh, Saudi Arabia, specializing in the production and distribution of both fiction and non-fiction audiobooks in standard Arabic for adults and children. Founded in 2014, Dhad operates an audiobook platform that allows users to access a diverse range of Arabic titles through mobile apps and its website. The company offers a variety of genres, including literature, poetry, science, and Islamic fiction, and provides translations of books from different languages into Arabic. Dhad aims to make audiobooks easily accessible, enabling customers to enjoy literature in audio format anytime and anywhere.
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