Saudi Technology Development and Investment Company
General contacts
Investor type
PE
Founded
2011
AUM
-
Location
Saudi Arabia
$10-50 m
Investment Ticket
3-5 years
Investment Horizon
Series B
Investment Stage
Sale to strategic investor,
IPO
Exit Strategy
Investor profile last updated: 06 December, 2025
Profile
The Saudi Technology Development and Investment Company (TAQNIA) was established in June 2011 by Royal Decree to localize technology in Saudi Arabia and commercialize outputs of R&D centers.
TAQNIA invests in technology that contributes towards Saudi Arabia’s economic diversification. TAQNIA is proud to be fully aligned with Saudi Vision 2030.
TAQNIA is owned by the Public Investment Fund (PIF) which drives strategic and sustainable diversification enabling growth in different industries in Saudi Arabia.
Industry
Region of investment
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FAQs about Saudi Technology Development and Investment Company
Where is Saudi Technology Development and Investment Company located?
Saudi Technology Development and Investment Company is located in Saudi Arabia.
When was Saudi Technology Development and Investment Company founded?
Saudi Technology Development and Investment Company was founded in 2011.
What sectors and industries does Saudi Technology Development and Investment Company invest in?
Saudi Technology Development and Investment Company invests in companies and startups in IT Services, Other, Fashion/Beauty, Food and Beverage, Foodtech, Marketing and Advertising, Transportation, Travel, Technology, AdTech, TravelTech.
What is Saudi Technology Development and Investment Company geographical focus of investments?
Saudi Technology Development and Investment Company invests in companies and startups in Middle East.
At what stages of companies and startups does Saudi Technology Development and Investment Company typically invest in?
Saudi Technology Development and Investment Company invests in companies and startups at Series B.
What is the usual amount of Saudi Technology Development and Investment Company investment?
Saudi Technology Development and Investment Company usually invests $10-50 m on average.