Saudi Venture Capital (SVC), a state-owned entity managing $2.2 billion, has made its second limited partner investment this year in a regional venture capital fund. This initiative aims to support innovative early-stage startups in the region. Established in 2018 with an initial $1 billion AUM, SVC is focused on bolstering the growth of the startup ecosystem in Saudi Arabia and the broader region. The investment reflects SVC’s commitment to fostering entrepreneurship and innovation by backing promising ventures.