FeaturesSignalPricingFounders
SA

Saudi Arabia's Public Investment Fund

Venture CapitalModerate

The Public Investment Fund (PIF) facilitates the development of the Saudi Arabian national economy.

Riyadh, Saudi ArabiaFounded 2014pif.gov.sa/en/Pages/homepage.aspx
8
Investments
4
Exits
$776B
AUM
50.0%
Exit Rate

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Investment Thesis & Strategy

PIF invests across various stages and industries to support the development of the Saudi Arabian national economy. They likely seek companies that align with Saudi Arabia's economic diversification and growth goals.

Investment Activity

Deals per year over the last 5 years

1
2017
3
2018
1
2019
2
2020
5
2021

Portfolio Companies

Selected investments from their portfolio of 8 companies

C
Canva
SaaS · Growth, 2021
Active
E
EVgo
Transportation · Growth, 2021
Active
N
Netskope
Cybersecurity · Growth, 2021
Active
S
SiFive
Other · Growth, 2021
Active
P
Pagaya
Fintech · Growth, 2021
Active
F
Flipkart
E-commerce · Growth, 2020
Active
R
Reliance Jio
Telecom · Growth, 2020
Active
T
The Boring Company
Transportation · Series C+, 2019
Active
L
Lucid Motors
Transportation · Growth, 2018
Active
M
Magic Leap
Other · Series C+, 2018
Active
F
Farfetch
E-commerce · Growth, 2018
Active
S
SoftBank Vision Fund
Other · Growth, 2017
Active

Notable Exits

CompanyTypeYearValue / Acquirer
Lucid MotorsIPO2021$24B
RivianIPO2021$66.5B
Reliance JioAcquisition2020$5.7B
SNOWIPO2019$1.8B

Frequently Asked Questions

Saudi Arabia's Public Investment Fund focuses on Series A, Series B, Series C+ stage investments.

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