Angel Co-Investment Program
About the Program
One of the Saudi Venture Capital Company (SVC) programs focusing on Angel Co-Investment into startups with high-growth potential to fill equity funding gaps in the Seed Stage to support the promotion of angel investing in Saudi Arabia
Program Objectives
Bridging Gaps
Bridging financing and funding gaps for early-stage startups to scale and grow innovative startups
Growing & Supporting
Growing and supporting angel investments, venture capital, and entrepreneurship ecosystem in Saudi Arabia
Mitigating Risks
Mitigating risks associated with early-stage investments for angel investors and contributing to the diversification
Program
Criteria
Targeted
Startups
An innovative and scalable startup, with its HQ in Saudi Arabia
Investor
OQAL Member
Stage
Seed Stage
Sector
Agnostic
Contribution
SVC’s co-investment with the Co-Investor(s) in the startup will be up to 1:1.
Round Size
Min. 100K SAR
Up to 7.5 M SAR
Investors Stake
SVC & Co-Investors equity
does not exceed 30%
Financial Incentive
2021
60%
Co-Investor(s) may be eligible for a financial incentive of 60% in the co-investment earned upon exit of the startup
Example
If a startup is raising fund
and the investor wanted to invest in it
1,000,000
Million SAR
A startup is fundraising, and the investment/ funding round is 1,000,000 SAR (1 M SAR), and the angel co-investor(s) is investing 500,000 SAR, the Saudi Venture Capital Company (SVC) will invest the same amount as the investor(s)