SVC Parent: SME Bank

Saudi Venture Capital Company, or SVC, is a government investment company established as a subsidiary of the SME Bank, one of the development banks affiliated with the National Development Fund. It aims to stimulate and develop financing solutions for startups and SMEs from pre-seed to pre-IPO. SVC does that through two of its programs, one involving investments in private capital funds (VC, private equity, venture debt, private debt) and the other direct investments with fund managers in startups and SMEs.