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Saudi Investors

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

Prosperity7 Ventures, the growth fund of Saudi Aramco Ventures, has led a $25 million investment in Wasabi, a Boston-based cloud storage company.

With nearly $275 million in funding to date, Wasabi has reported 3x year-over-year growth, reaching 23,000 customers worldwide and over 5,000 Channel Partners and 350 Technology Alliance Partners. (Prosperity7 is the diversified growth fund of Aramco Ventures, a subsidiary of Aramco, the Saudi energy and chemicals company, with $1 billion venture capital fund and a global investment strategy in all sectors)

Prosperity7 Ventures is listed in the Middle East Investors Directory with the code BJ96.

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

Saudi Aramco Energy Ventures, the corporate venture capital arm of Saudi Aramco and a consortium, has acquired stake in Seeq, US-based provider of software and services for industrial data, for $50 million.

Established in 2012 and based in Seattle, Seeq provides software and services that convert industrial data into information and has raised $115 million so far. (SAEV invest globally into start-up and high growth companies and has so far invested publicly in 45 companies. Based out of Dhahran, SAEV also operates through regional offices in North America and Europe)

Saudi Aramco Energy Ventures is listed in the Middle East Investors Directory with the code SINOC23 .

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

rvc ukSaudi Venture Capital firm Riyadh Valley Company (RVC) and a consortium invested $21 million in UK biotechnology company Prokarium

Prokarium is headquartered in London and is a clinical-stage biopharmaceutical company focused on developing microbial cancer immunotherapies. Riyadh Valley Company (RVC) is the investment arm of King Saud University in Riyadh, Saudi Arabia. It has invested in several firms including GLM Company, Calltech Co, SOLEXEL, Advanced Dental Technologies, Aser Technologies and Knowledge Developers. Khalid Al-Saleh is the director appointed by RVC at Prokarium.

Riyadh Valley Company (RVC) is listed in the Middle East Investors Directory with the code SIJ54.

 Saudi Arabian firm acquired Ukrainian farming company Mriya

salic-uaSalic, Saudi Arabian agriculture investment firm, has announced acquiring a Ukrainian farming company Mriya Agro Holding.

Established in 1992, Mriya Agro Holding is one of the largest agro-industrial companies in Ukraine and cultivates approximately 165,000 hectares of land in different regions. Founded in 2009, SALIC, Saudi Agricultural and Livestock Investment Co, invests in agricultural and livestock production in countries all over the world. DubaiBeat reported back in 2015 their investment at Canadian Wheat Board for $203 million.

To see a list of investment firms from Saudi Arabia, check our Middle East Investors Directory

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

pif-lucidThe Public Investment Fund (PIF) an investment fund owned by Saudi Arabia, has announced commitment to invest $1 billion in Lucid, an electric car maker.

Founded in 2007, Lucid Motors is an American automotive company specializing in electric cars. It is based in Newark, California with 1300 employees. (Founded in 1971, PIF is a sovereign wealth fund owned by Saudi Arabia, founded for the purpose of investing funds on behalf of the Government of Saudi Arabia. The PIF has a portfolio made up of approximately 200 investments in the fields of telecoms, aerospace, energy, green technologies, and security. DubaiBeat previously reported their $3.5 billion investment in Uber here).

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

 Saudi investors announced investing in cryptocurrency firm Vertex ICO

vertex-saudi.pngA group of Saudi investors announced investing in Vertex ICO, a blockchain start-up.

Vertex is creating a market and a token that combines trading, venture capital experience, and fair-value based tokenization. Vertex also offers an aftermarket for ICOs, which will provide investors with opportunities to get returns and bring more fiat resources into cryptocurrency markets. (Among investors in the Vertex ICO you can find arab investors like Naif Al Rajhi, Abdullah Al Othaim, Bander Al Rajhi and Abdulaziz Bin Sultan). More details here.

To see a list of angel investors from Saudi Arabia similar to Abdullah Al Othaim, check the Middle East Investors Directory.

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 Saudi investor acquired 2.3% stake in Snapchat for $250 million

alwaleed snapchatSaudi Prince Alwaleed Bin Talal, founder of Kingdom Holding investment firm, bought 2.3% stake in American technology and camera company Snapchat for $250 million.

The shares was bought at around $11 each, below the $13.10 price shares closed at before earnings were released. Alwaleed and Kingdom holding has investment in other technology companies such as Lyft, JD.com and Twitter. (More details here)

Kingdom Holding is listed in the Middle East Investors Directory with the code BFD84.

 Saudi VC firm Raed Ventures invested $1.4 million in Trukker

trukker and raed ventures.jpgSaudi venture capital firm Raed Ventures and a consortium have invested $1.4 million in UAE online truck aggregator Trukker.

Founded in 2016, Trukker is deemed as the "UBER of trucks". They have a tech-enabled trucking network where their clients can make a booking using their website and mobile applications. The Dubai-based company is currently working on establishing their business in the Eastern and Western regions of Saudi Arabia. (Established in 2015 by Almajdouie Holding LLC, Raed Ventures specializes in investments like seed and early stage, prioritizing startups in the fintech sector in Saudi Arabia and MENA region.)

To see a list of investors from Saudia Arabia similar to Raed Ventures, check the Middle East Investors Directory.

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More from Saudi Investors ...

  Saudi angel investor acquired stake in a blockchain startup for $820,000

  Saudi Aramco Energy Ventures invests in California FogHorn Systems

  Saudi investor acquired stake in UK media firm The Independent

  Saudi investment firm SAEV acquired stake in Irish firm OxyMem

  Venture Capital firm Arab Angel acquired stake in California firm NuEyes

  Saudi investors of Tamer Group and consortium invested $160 million in French firm Sigfox

  Saudi investment firms invested $7 million in travel website HolidayMe

  UAE and Saudi investors acquired $2.4 million stake in financial website compareit4me

  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

  Saudi venture capital firm SAEV invested $10 and $25 million in two US firms

  UAE and Saudi investors acquired $3 million stake in financial website compareit4me

  The National Geographic article on Saudi Al Shiddi Group investments in Europe

  Saudi Investors of Riyad Valley acquired stake in California firm Solexel for $70 million

  Saudi firm and partners acquired stake at Canadian Wheat Board for $203 million

  Saudi KBW Investments acquired 50% stake in Romanian engineering firm

  Saudi and Bahrain investors acquired Byrne for $160 million

  Saudi investors of Alkhabeer acquired stake in Express Group

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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.

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