Core Vision Investment, a prominent Saudi investment firm, has announced its foundational partnership in the launch of RAÝH Innovations, a new Corporate Venture Building (CVB) platform established in Riyadh. RAÝH is designed to help large Saudi entities—including national corporations, family offices, and government bodies—build scalable, high-growth startups from within their existing structures. The initiative marks a significant development in the Kingdom’s push to activate latent assets and capabilities within major institutions to accelerate innovation under the Saudi Vision 2030 framework.
Unlocking Hidden Assets For New Ventures
RAÝH Innovations is built on the core belief that the most valuable growth opportunities often reside within a large entity’s existing, yet often underutilized, assets, data, and institutional knowledge. Rather than seeking external solutions, RAÝH’s mission is to discover this “abundance” and co-build new companies that are inherently aligned with the parent entity’s strategic vision and future expansion goals.
The platform distinguishes itself by operating as an active co-builder, moving beyond traditional consulting. As Core Vision stated: “RAÝH does not offer theoretical solutions. It participates actively in the execution from the idea stage up to the launch of the company.”
From Strategy To Spinout: A Hands-On Approach
RAÝH’s model is comprehensive, integrating venture design, incubation, and co-building under one system. The firm commits to partnering with clients through every phase of the corporate venture process:
- Idea Formulation: Identifying and refining high-potential startup concepts.
- Feasibility Validation: Rigorously testing market viability and business models.
- Venture Launch (Spinout): Executing the disciplined launch of an independent, self-sustaining company.
This hands-on, execution-driven approach is intended to transform internal capacities into market-defining spinouts, ensuring that innovation is effectively commercialized. The platform’s team brings a wealth of experience, having collectively advised on or led over 150 venture investments and multiple successful spin-outs across high-growth sectors like FinTech, Mobility, and CleanTech.
A Natural Extension of Core Vision’s Mandate
The partnership with RAÝH represents a natural extension of Core Vision’s strategy, which focuses on identifying and investing in founders with the capability to transform ideas into reality. By launching RAÝH, Core Vision is now directly enabling large Saudi entities to become founders themselves, leveraging their organizational resources to create new economic value and contribute directly to the national innovation ecosystem.
As RAÝH Innovations launches from Riyadh, it aims to redefine how value is created by placing innovation “from the inside out,” ensuring that Saudi entities are equipped to shape new market frontiers.
About RAÝH Innovations
RAÝH Innovations is a Saudi Corporate Venture Builder (CVB) established in Riyadh in 2025. It partners with national corporations, family offices, and government entities to design, validate, and build new, market-defining ventures that create lasting economic impact. RAÝH operates on an active co-building model, providing execution from strategy formulation to the final company spinout, with the goal of unlocking internal organizational opportunities and capabilities.
Source: LinkedIn
