Riyad TAQNIA Fund

Riyad TAQNIA Fund

Riyadh, Riyadhriyadtaqnia.com

Overview

Riyad TAQNIA Fund (RTF) is a venture capital fund investing in early stage technology companies around the globe. The fund is interested in post-revenue Seed through Series-B opportunities. RTF was founded by Riyad Capital Co. and TAQNIA and is backed by leading Saudi institutional investors. It invests in the areas of Information & Communications Technology (ICT), Energy & Sustainability and Advanced Materials. The Fund purpose is sourcing and investing in a portfolio of Saudi, GCC-based and international technology companies with the main objective of generating profitable returns to the fund's investors while facilitating and stimulating the development and transfer of cutting edge technology and related knowledge to the Kingdom.

Year Founded

2016

Portfolio Companies

6

Investments

CompanyDateStageLead
TruKKerFeb 2022Series BCo-investor
EurekaFeb 2020Series BLead
TruKKerNov 2019Series ACo-investor
ArabotOct 2019SeedLead
FoodicsJun 2019Series A ExtensionCo-investor

Sector & Stage Mix

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SeedSeries ASeries BGrowth

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Investment Activity

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersRiyadh, Riyadh
Year Founded2016

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