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SVC Announces the Increase of Its Investment Capital to SAR 6 Billion and Launches Its New Brand
Saudi Press Agency Published in Saudi Press Agency on 13 - 03 - 2023

The Saudi Venture Capital Company (SVC), a subsidiary of the SME Bank, a development bank affiliated with the National Development Fund, announced an increase in its investment capital for the coming years, bringing the total investment capital to SAR 6 billion (USD 1.6 billion).
In addition, SVC launched its new brand identity as a subsidiary of the SME Bank, which reflects the strategic growth of SVC in developing its investment products and enhancing its role in financing startups and SMEs from pre-Seed to pre-IPO through investment in funds and co-investment in startups.

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