Riyadh Valley Company

Riyadh Valley Company, established in 2010, is the venture capital arm of King Saud University in Riyadh, Saudi Arabia. It aims to support the transformation of the country's oil-based economy into a knowledge-based economy by fostering an innovation culture and entrepreneurship. The company mobilizes and oversees investments in various sectors, including biotechnology and healthcare, internet and communications technologies, sustainable resources, financial technology, logistics and transportation, and education. Through its efforts, Riyadh Valley Company engages with the kingdom's research capabilities to promote growth in knowledge-based industries.

Khalid Al-Saleh

CEO

Past deals in Saudi Arabia

Noon Academy

Series B in 2023
Noon Academy is a prominent edtech company based in Riyadh, Saudi Arabia, with additional offices in Cairo, Egypt, and Bengaluru, India. Established in 2013, it operates an online learning platform that has served over 12 million students across the Middle East. The platform facilitates collaborative learning by allowing students to study in groups, compete with peers, and access on-demand tutoring. It offers a range of educational content, including free resources and subscription-based services for advanced materials and private tutoring. Noon Academy aims to enhance the learning experience by blending technology with peer-to-peer interactions, making education more engaging and accessible, especially for exam preparation. The company is committed to connecting students with the best teachers, regardless of location, thus expanding its impact in the region and beyond.

Saudi Smart Electronics

Venture Round in 2016
Saudi Smart Electronics is a manufacturer specializing in smart meters that measure electricity consumption. The company's products are designed to notify users of peak electricity consumption periods and are connected to the national grid. This connectivity allows clients to select options for electricity conservation, promoting efficient energy use. By focusing on innovative solutions for monitoring and managing electricity consumption, Saudi Smart Electronics plays a crucial role in enhancing energy efficiency and supporting sustainable practices within the energy sector.
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