Riyad TAQNIA Fund (RTF)

Company

Investment-firm

General

About Company
Riyad TAQNIA Fund (RTF) is a venture capital firm investing in technology companies.

Industry

Sector :

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Also Known As

RTF

founded date

01.01.2016

Number of employees

IPO status

Private

Description

Founded in 2016 in Saudi Arabia, RTF focuses on early-stage technology companies globally, with a preference for startups aged 6-10 years. The fund typically invests in rounds with 3-4 participants, ranging from $5-10 million. RTF has a track record of frequent exits, outperforming other organizations by 51 percentage points. Popular portfolio startups include Foodics, Souqalmal.com, and Beehive. While based in Riyadh, RTF invests in companies across the United Arab Emirates. The fund is backed by leading Saudi institutional investors and often co-invests with Raed Ventures, 500 Startups, and Womena.
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