Riyadh – Saudi Venture Capital (SVC) has announced its investment in Aliph Fund I, a growth-focused private equity fund managed by GCC-based Aliph Capital. The fund targets mid-market companies across Saudi Arabia and the Gulf Cooperation Council (GCC), adopting an active ownership model centered on value creation and digital transformation.
The investment is part of SVC’s Investment in Funds Program, which aligns with the organization’s strategic goal of supporting funds that channel investments into Saudi-based small and medium enterprises (SMEs) with high growth potential.
Dr. Nabeel Koshak, CEO and Board Member at SVC, emphasized the importance of this partnership:
“Our investment in the private equity fund by Aliph Capital is part of SVC’s Investment in Funds Program, in alignment with our strategy to support funds that invest in Saudi-based SMEs with growth potential.”
Aliph Fund I aims to unlock value within mid-market companies by leveraging technology to enhance operational efficiencies, streamline processes, and drive sustainable growth.
Huda Al-Lawati, Founder and CEO of Aliph Capital, expressed her excitement over the collaboration:
“We are honored to welcome SVC as an investor in Aliph Fund I. The GCC’s SMEs represent fantastic opportunities to create investor value and drive economic growth, particularly when supported by active, hands-on management with a clear strategy of digitization and technology enablement.”
This partnership underscores SVC’s commitment to fostering innovation and supporting the entrepreneurial ecosystem in Saudi Arabia and the wider GCC region. By empowering SMEs, the fund seeks to drive economic growth, create job opportunities, and contribute to the diversification of the region’s economy.
Aliph Capital’s approach aligns closely with Saudi Vision 2030’s objectives of fostering a robust private sector and enhancing technological capabilities, making this investment a step forward in realizing these ambitious goals.
