Home » Saudi Venture Capital »


|| Saudi investors of PIF acquired stake at US firm Uber for $3.5 billion

uber saudiSaudi Arabia investment firm Public Investment Fund (PIF) has acquired $3.5 billion stake in US ride sharing service Uber - Reuters reported.

The investment values Uber at $62.5 billion, making it the most highly valued venture capital-backed company in the world. PIF has a diverse portfolio made up of approximately 200 investments, of which around 20 are listed on Tadawul, the Saudi Stock Exchange.

To see a list of investment firms similar to PIF check Middle East Investors Directory.

More details follows from Reuters



Previous Post: Dubai venture capital firm Turn8 launched $60 million VC fund
Next Post: Dubai investment firm acquired stake in food franchiser Cravia

More from Saudi Venture Capital ...


  Saudi venture capital firm Prosperity7 invested $25 million in US firm Wasabi

  Saudi venture capital firm SAEV invested $50 million in US firms Seeq

  Saudi venture capital firm RVC participated in $21 million investment in UK firm

  Saudi Arabian firm acquired Ukrainian farming company Mriya

  Saudi investors of PIF to invest $1 billion in US car maker Lucid

  Saudi Aramco Energy Ventures invests in California FogHorn Systems

  Saudi investment firm and a consortium acquired stake in San Francisco blockchain firm

  Saudi investment firm SAEV acquired stake in Irish firm OxyMem

  Saudi investors of PIF acquired stake at US firm Uber for $3.5 billion

  Saudi venture capital firm RVC led investment of $17 million in Swedish firm





|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.










Copyright 2007-2024 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter

Powered by Insightice