Business Innovation Mine

Venture Capital Saudi Arabia ·Founded 2017

Overview

Business Innovation Mine is a Saudi Arabian venture capital firm specializing in early-stage investments in innovative companies. The firm focuses on providing capital and strategic support to startups across various sectors, including technology, healthcare, real estate, and financial services. By targeting these industries, Business Innovation Mine aims to foster innovation and drive economic growth within the Kingdom. The firm's investment strategy involves identifying high-potential startups and offering them the necessary resources to scale and succeed. This includes not only financial backing but also access to a network of industry experts, mentorship, and operational support. Business Innovation Mine's approach is designed to de-risk the venture creation process and enhance the likelihood of success for its portfolio companies. With a commitment to contributing positively to the local economy, Business Innovation Mine has been instrumental in the establishment and growth of numerous Saudi companies. The firm's investments have led to the creation of thousands of jobs and have had a significant impact on various sectors, demonstrating its dedication to fostering a vibrant entrepreneurial ecosystem in Saudi Arabia.

Investment Focus

  • Innovative business model
  • Scalable operations
  • Strong management team
  • Clear market demand
  • Potential for significant growth

Portfolio Companies

CareemTamaraSaryNoonMumzworldAlmaraiJahezAlinma BankAl Habtoor GroupSouq.comSavola GroupSTC PayJarir BookstoreExtra StoresAl-Dawaa PharmaciesAl-Faisaliah GroupHungerStationAl-Rajhi BankJollyChicXcite

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Frequently asked questions about Business Innovation Mine

What sectors does Business Innovation Mine invest in?

Business Innovation Mine invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Real Estate, and is based in Saudi Arabia. Business Innovation Mine is listed as a venture capital in the ConnectSafely investor database.

What stage does Business Innovation Mine invest at?

Business Innovation Mine backs companies at Seed, Early Stage, Series A, Series B, Growth and Late Stage, writing cheques of 1M - 50M.

Which regions does Business Innovation Mine invest in?

Business Innovation Mine invests across Saudi Arabia.

What companies has Business Innovation Mine invested in?

Business Innovation Mine's portfolio includes Careem, Tamara, Sary, Noon, Mumzworld, Almarai, Jahez and Alinma Bank.

Last updated · Source: ConnectSafely investor database