Saudi Venture Capital (SVC) has invested in SEEDRA Ventures Fund II, a venture capital fund managed by SEEDRA Ventures, to support early-stage, high-growth technology startups in Saudi Arabia. Through the investment, SVC aims to expand access to institutional capital for Saudi founders, in line with its strategy of supporting startups from the pre-seed stage through pre-IPO. Press release:Saudi Venture Capital (SVC) has announced its investment in SEEDRA Ventures Fund II, a venture capital fund managed by SEEDRA Ventures, an entity licensed by the Capital Market Authority of Saudi Arabia. Our investment in SEEDRA Ventures Fund II supports a manager focused squarely on backing Saudi technology founders at that critical stage, expanding the specialised capital available to them and reinforcing the private-sector engine of Vision 2030.” SVC aims to stimulate and sustain financing for startups and SMEs from pre-Seed to pre-IPO through investment in funds and direct investment in startups and SMEs.