Saudi Arabian firm ALJDWA has announced the launch of its new digital platform, Istithmar Tech, during the Biban 25 conference. The strategic move aims to bolster the Kingdom’s venture capital ecosystem by providing innovative digital solutions that connect entrepreneurs with local and international investors and VC funds.
This initiative directly supports the objectives of Saudi Vision 2030, which focuses on building a knowledge-based economy driven by innovation and technology while cementing the Kingdom’s position as a regional hub for entrepreneurship and investment.
A Digital Bridge for Saudi’s VC Ecosystem
Istithmar Tech is designed to be a central digital hub for the investment community. The platform offers a suite of tools that facilitate direct communication between entrepreneurs and investors, including features for organizing virtual meetings, analyzing financial and technical data, and accessing smart data rooms to streamline the investment decision-making process.
By digitizing and simplifying these critical interactions, the platform aims to increase the efficiency and transparency of capital allocation to promising startups.
Empowering Promising Ventures
Dr. Waleed Al-Dhabi, Founder and CEO of ALJDWA, described the new platform as a significant advancement in supporting high-potential projects.
“Istithmar Tech represents a qualitative leap in empowering promising projects,” stated Dr. Al-Dhabi. He emphasized that the platform is engineered to “accelerate the growth of startups and enhance the efficiency of directing venture capital through a smart and transparent digital system.”
An Integrated Suite of Solutions
The platform is a key component of ALJDWA’s broader digital ecosystem, which provides comprehensive support throughout an entrepreneur’s journey. This suite includes other specialized products such as Namouthaj Tech, Jadwa Tech, Shareek Tech, and Istishara Tech, offering integrated solutions from the initial founding stages through to financing and investment rounds.
The platform has already gained significant traction, reflecting a strong market need. To date, Istithmar Tech hosts over 21,000 entrepreneurs and 8,600 investors from 32 different countries, positioning it as a Saudi-born platform with a global vision that contributes directly to the Kingdom’s economic development goals.
About ALJDWA
ALJDWA is a Saudi company focused on developing a comprehensive digital ecosystem to support the entrepreneurial and venture capital landscape in the Kingdom. Through a suite of integrated platforms including Istithmar Tech, the company provides solutions that connect entrepreneurs with investors, facilitate fundraising, and offer tools to accelerate startup growth, all in alignment with Saudi Vision 2030.
Source: Jawlah
