Riyad TAQNIA Fund (RTF) is the famous VC, which was founded in 2016. The venture was found in Asia in Saudi Arabia. The main department of described VC is located in the Riyadh.
Speaking about the real fund results, this VC is 51 percentage points more often commits exit comparing to other organizations. The important activity for fund was in 2019. The usual things for fund are deals in the range of 5 - 10 millions dollars. The fund is constantly included in 2-6 deals per year.
The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the Riyad TAQNIA Fund (RTF), startups are often financed by Raed Ventures, 500 Startups, Womena. The meaningful sponsors for the fund in investment in the same round are Raed Ventures, Endeavor Catalyst, 500 Startups. In the next rounds fund is usually obtained by Shorooq Partners, STV - Overview, Raed Ventures.
The fund has exact preference in a number of founders of portfolio startups. Besides, a startup needs to be aged 6-10 years to get the investment from the fund. For fund there is no match between the location of its establishment and the land of its numerous investments - United Arab Emirates. Among the most popular portfolio startups of the fund, we may highlight Foodics, Souqalmal.com, Beehive. We can highlight the next thriving fund investment areas, such as Supply Chain Management, SMS.
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Notable deals
Company | Industry | Round Size | Date | Investors | Location |
Haseel | $6M | 25 Mar 2022 | Saudi Arabia, Riyadh Region, Saudi Arabia | ||
TruKKer | $46M | 14 Feb 2022 | Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates | ||
Eureka | $20M | 18 Feb 2020 | Jakarta Raya | ||
DokkanAfkar | $5M | 10 Dec 2019 | Jeddah, Makkah Region, Saudi Arabia | ||
TruKKer | $23M | 12 Nov 2019 | Abu Dhabi Emirate | ||
Arabot | $1M | 02 Oct 2019 | Amman | ||
Foodics | $4M | 27 Jun 2019 | Dubai, United Arab Emirates | ||
Haseel | $1M | 11 Apr 2019 | Saudi Arabia, Riyadh Region, Saudi Arabia | ||
Beehive | $4M | 04 Mar 2019 | Dubai |
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Latest deals
Company | Industry | Round Size | Date | Investors | Location |
Haseel | $6M | 25 Mar 2022 | Saudi Arabia, Riyadh Region, Saudi Arabia | ||
TruKKer | $46M | 14 Feb 2022 | Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates | ||
Eureka | $20M | 18 Feb 2020 | Jakarta Raya | ||
DokkanAfkar | $5M | 10 Dec 2019 | Jeddah, Makkah Region, Saudi Arabia | ||
TruKKer | $23M | 12 Nov 2019 | Abu Dhabi Emirate | ||
Arabot | $1M | 02 Oct 2019 | Amman | ||
Foodics | $4M | 27 Jun 2019 | Dubai, United Arab Emirates | ||
Haseel | $1M | 11 Apr 2019 | Saudi Arabia, Riyadh Region, Saudi Arabia | ||
Beehive | $4M | 04 Mar 2019 | Dubai |