Regional venture capital firm F6 Ventures has released new impact figures highlighting the performance of its Startup Seed Fund (SSF) within Saudi Arabia. The data underscores the firm’s significant role in the Kingdom’s evolving ecosystem, revealing substantial capital deployment and job creation driven by its investment activities.
Accelerating Capital Flow In The Kingdom
According to the latest figures, F6 Ventures has supported 130 founders across Saudi Arabia through its Startup Seed Fund. The firm has deployed a total of $17 million directly into these startups. This initial injection of capital has proven to be a catalyst for further growth, with portfolio companies subsequently raising over $38 million in follow-on funding and co-investments. This multiplier effect highlights the fund’s ability to identify and nurture scalable ventures that attract wider investor interest.
Driving Job Creation And Economic Growth
Beyond financial metrics, the fund has made a tangible contribution to the local economy. The 130 founders backed by F6 Ventures have created more than 400 new jobs within the Kingdom. This growth aligns with broader regional goals to stimulate private sector employment and foster a knowledge-based economy driven by innovation and entrepreneurship.
About F6 Ventures
F6 Ventures is a seed-stage venture capital firm dedicated to backing visionary founders across the Middle East and Africa. With over $90 million in assets under management and a portfolio spanning more than 300 deals, the firm provides capital, hands-on support, and access to a robust network to help startups scale beyond borders. Headquartered in Giza with a strong presence in Saudi Arabia, Tunisia, the UAE, Egypt, and Jordan, F6 Ventures focuses on empowering entrepreneurs to shape the future of the region.
Source: LinkedIn
