Saudi Venture Capital (SVC) has announced investments totaling $150 million in the Middle East Venture Fund IV and Raed III L.P., aimed at supporting early-stage tech startups in Saudi Arabia and the MENA region. These funds will focus on high-growth sectors like fintech, enterprise software, and B2B SaaS, aligning with Saudi Arabia’s Vision 2030 to enhance the local tech ecosystem. SVC’s strategy emphasizes nurturing startups from Seed to IPO stages, contributing to economic growth and job creation. This partnership aims to create regional technology champions and expand investment opportunities in Saudi Arabia’s evolving market.