Chrome Advisory and Al Awwal Capital have signed an agreement to collaborate, to strengthen investments in the thriving startup scene in Saudi Arabia. The entrepreneurial sector in Saudi Arabia has been rapidly growing, with many startups from different industries entering the market in the past few years. This is due to extensive support and national initiatives from the Saudi government.
Venture Capital, Saudi Arabia
Venture Capital investments Saudi Arabia are on the rise. Saudi VC investors are eyeing high growth industries with less exposure to risk associated with the pandemic, such as e-commerce, delivery services, healthtech and edtech.