Stride Ventures boosts its Saudi expansion

user icon
GHADA.ISMAIL
calender icon
Jun 2, 2025
article image

Riyadh – Sharikat Mubasher: Stride Ventures, a global leader in venture debt financing, is significantly expanding its presence in the Gulf region, with a strong focus on Saudi Arabia.

As per a recent press release, the company plans to double its local team and open a second regional office as part of its strategy to capitalize on the fast-growing venture debt market.

Stride Ventures currently manages an active portfolio worth $110 million, with an average deal size of $10 million. The firm aims to triple its assets under management in the Gulf by 2026 and invest $500 million over the next three to five years.

Fariha Ansari Javed, Partner at Stride Ventures, said Saudi Arabia is becoming a global hub for venture capital and private financing, attracting top talent and capital from Silicon Valley, London, and Singapore. She highlighted the Kingdom’s role in shaping the future of innovation financing across the Middle East.


Share

Related News

Amazon targets Saudi Arabia for market expansion amid AI push
News
Calendar Icon
June 4, 2025
Amazon targets Saudi Arabia for market expansion amid AI push
readmore
Saudi retail sector booms backed by rising consumer demand
News
Calendar Icon
June 4, 2025
Saudi retail sector booms backed by rising consumer demand
readmore
Abdul Latif Jameel, Joby to explore electric aircraft opportunities in Kingdom
News
Calendar Icon
June 4, 2025
Abdul Latif Jameel, Joby to explore electric aircraft opportunities in Kingdom
readmore
stc Group enhances Hajj network performance with AI integration
News
Calendar Icon
June 4, 2025
stc Group enhances Hajj network performance with AI integration
readmore
Code Link launches ‘Estate’ to digitize Saudi real estate development
News
Calendar Icon
June 4, 2025
Code Link launches ‘Estate’ to digitize Saudi real estate development
readmore
HungerStation Plus surpasses 10mn subscribers, 100mn orders
News
Calendar Icon
June 3, 2025
HungerStation Plus surpasses 10mn subscribers, 100mn orders
readmore
D360 Bank mulls new funding round to expand services to SMEs
News
Calendar Icon
June 3, 2025
D360 Bank mulls new funding round to expand services to SMEs
readmore
Riyadh-based DEEP.SA launches to develop cutting-edge AI technologies
News
Calendar Icon
June 3, 2025
Riyadh-based DEEP.SA launches to develop cutting-edge AI technologies
readmore
PMI rises to 55.8 signaling stable operating conditions, rising demand
News
Calendar Icon
June 3, 2025
PMI rises to 55.8 signaling stable operating conditions, rising demand
readmore
SPAR opens first SPAR Express store in KAFD
News
Calendar Icon
June 2, 2025
SPAR opens first SPAR Express store in KAFD
readmore