Sharaka Financial, a Saudi-based firm, has launched Sharaka Ventures, the company’s first fund that targets startups in the early stages startups in the region.

Important to Know: Sharaka Financial was founded at the end of 2023 and licensed by the Saudi Capital Authority to conduct managing investments activity.

More to Know:

• The company strategy focuses on venture capital and private equity funds.
• Sharaka Ventures will target startups in many sectors, especially fintech and SaaS.