Saudi Arabia's Public Investment Fund

Summary

Saudi Arabia's Public Investment Fund is the famous VC, which was founded in 1971. The main department of described VC is located in the Riyadh. The fund was located in Asia if to be more exact in Saudi Arabia.

Besides them, we counted 3 critical employees of this fund in our database.

The fund has no exact preference in a number of founders of portfolio startups. In case when startup counts 4 or 5+ of the founder, the chance for it to get the investment is meager. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United States. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. Among the most popular fund investment industries, there are Electric Vehicle, Public Transportation. Among the most popular portfolio startups of the fund, we may highlight Uber, Magic Leap, Babylon Health.

The standard case for the fund is to invest in rounds with 2-3 partakers. Despite the Saudi Arabia's Public Investment Fund, startups are often financed by T. Rowe Price, Kinnevik AB, Google. The meaningful sponsors for the fund in investment in the same round are Vostok New Ventures, Munich Re/ERGO Corporate Venture Fund, Kinnevik AB. In the next rounds fund is usually obtained by Tencent Holdings, TPG, SoftBank Investment Advisers.

The typical startup value when the investment from Saudi Arabia's Public Investment Fund is more than 1 billion dollars. The increased amount of exits for fund were in 2019. Speaking about the real fund results, this VC is 80 percentage points more often commits exit comparing to other organizations. The important activity for fund was in 2019. The fund is constantly included in less than 2 deals per year. The common things for fund are deals in the range of more than 100 millions dollars.