Tasaru Holding
Overview
Tasaru Holding is a private investment firm based in Riyadh, Saudi Arabia, specializing in the automotive and mobility sectors. The firm is wholly owned by the Public Investment Fund (PIF) and was established in 2020 to support the development of Saudi Arabia's automotive and mobility ecosystem. Tasaru Holding aims to drive strategic investments and partnerships with both local and global private sector companies to localize manufacturing expertise and cutting-edge technologies. The firm's investment strategy includes providing growth capital to promising companies developing future-focused technology in the automotive and mobility sectors. Tasaru Holding's first investment was a joint venture with the Saudi private sector to develop an automotive logistics hub in King Abdullah Economic City. Additionally, the firm has invested in Project 3 Mobility (P3), a Croatian company developing an autonomous electric vehicle and mobility service, and in Holon, an Austrian subsidiary of Benteler Group, focusing on autonomous movers. Tasaru Holding's investments align with Saudi Arabia's Vision 2030, aiming to position the country as a global leader in the automotive and mobility sectors. By fostering innovation and supporting the development of sustainable mobility solutions, the firm contributes to the diversification and growth of the Saudi economy.
Investment Focus
- Focus on automotive and mobility sectors
- Alignment with Saudi Arabia's Vision 2030
- Potential for technological innovation and market growth
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Tasaru Holding
What sectors does Tasaru Holding invest in?
Tasaru Holding invests in Technology, Automotive and Mobility, and is based in Riyadh, Saudi Arabia. Tasaru Holding is listed as a private investment firm in the ConnectSafely investor database.
What stage does Tasaru Holding invest at?
Tasaru Holding backs companies at Seed, Early Stage and Growth, writing cheques of 7.8M - 7.8M.
Which regions does Tasaru Holding invest in?
Tasaru Holding invests across Austria, Saudi Arabia and Croatia.
What companies has Tasaru Holding invested in?
Tasaru Holding's portfolio includes HOLON and Project 3 Mobility.
How do I contact Tasaru Holding?
Tasaru Holding'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
