SparkLabs Saudi Arabia has launched SparkLabs KSU Fund I, a $20 million venture capital fund focused on backing high-potential local and global founders building and scaling from Saudi Arabia. The fund received an anchor investment from Riyadh Valley Company (RVC), the investment arm of King Saud University.
The fund will invest across pre-seed, seed, and Series A stages, with a strategic emphasis on Saudi-founded startups and ventures emerging from the King Saud University ecosystem. Up to 20% of the capital will be allocated to international founders committed to localizing and expanding their businesses in the Kingdom.
SparkLabs KSU Fund I is closely aligned with the King Saud University Entrepreneurship Center, which supports student and faculty-led startups through education, mentorship, and venture-building programs. The capital will be deployed to provide early-stage funding, strategic guidance, and access to SparkLabs’ global platform, enabling founders to accelerate product development, market entry, and international expansion.
Source: Riyadh Valley Company & SparkLabs Launch $20 Million King Saud University Venture Fund
