Riyad TAQNIA Fund
Overview
Riyad Taqnia Fund (RTF) is a venture capital fund established by Riyad Capital and TAQNIA, investing in technology startups worldwide. The fund focuses on seed through Series B opportunities, aiming to achieve high returns for investors. It is backed by leading institutional investors in Saudi Arabia and invests in sectors such as Information & Communications Technology (ICT), Energy & Sustainability, and Advanced Materials. The fund's investment strategy involves sourcing and investing in a portfolio of Saudi, GCC-based, and international technology companies. Its primary objective is to generate profitable returns for investors while facilitating the development and transfer of cutting-edge technology and related knowledge to the Kingdom of Saudi Arabia. The fund's size is SAR 450 million, with a term of 10 years and an investment period of 5 years. RTF's portfolio includes companies like Dokkan Afkar, an e-commerce platform; Trukker, a logistics company; Sure, a technology firm; B8ak, a home maintenance service; Unifonic, a cloud communications company; Haseel, an online grocer; Mile, a logistics platform; and Arabot, an AI chatbot service. These investments reflect the fund's commitment to supporting innovative technology solutions across various sectors.
Investment Focus
- Investments primarily in early-stage technology companies
- Focus on sectors including ICT, Energy & Sustainability, and Advanced Materials
- Individual investments ranging from $2 million to $5 million
- Geographical focus on Saudi Arabia, GCC countries, and select international markets
- Interest in sectors such as e-commerce, cloud solutions, fintech, logistics, and technology
- Preference for companies with innovative solutions addressing local and regional challenges
- Alignment with the fund's mission to transfer cutting-edge technology to Saudi Arabia
- Commitment to generating profitable returns for investors
- Willingness to support the development and growth of portfolio companies
- Openness to collaboration with leading institutional investors in Saudi Arabia
Reach Riyad TAQNIA Fund directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about Riyad TAQNIA Fund
What sectors does Riyad TAQNIA Fund invest in?
Riyad TAQNIA Fund invests in Technology, Healthcare, Energy, Education, FinTech and E-commerce, and is based in Riyadh, Saudi Arabia. Riyad TAQNIA Fund is listed as a vc in the ConnectSafely investor database.
What stage does Riyad TAQNIA Fund invest at?
Riyad TAQNIA Fund backs companies at Seed, Early Stage, Series A, Series B and Growth, writing cheques of 1M - 50M.
Which regions does Riyad TAQNIA Fund invest in?
Riyad TAQNIA Fund invests across United States, United Kingdom, Canada, Germany, Japan and Australia.
How do I contact Riyad TAQNIA Fund?
Riyad TAQNIA Fund's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of the team.
Last updated · Source: ConnectSafely investor database
