Introduction to jada
Jada was created to promote and accelerate the development of a thriving Venture Capital and Private Equity (VCPE) ecosystem, which could in turn finance the growth of small and medium enterprises in Saudi Arabia in a sustainable manner. Launched by a resolution of the Council of Ministers, Jada was established by the Public Investment Fund with an investment capital of SAR 4 billion (approximately USD 1 billion). The creation of Jada is a critical component of Saudi Arabia’s Vision 2030, the Kingdom’s comprehensive economic and social development plan.
Jada seeks to partner with VCPE funds that are focused on the Saudi market and committed to international best practices in governance and fund management.
Vision
To be a catalyst of development for the Saudi private equity and venture capital ecosystem.
Mission
To provide funding to Saudi SMEs through commercially sustainable investments in private equity and venture capital funds.
Financial
Highlights
Total Capital Committed in 2021
SAR 765 mn
USD 204 mn
Total Capital Deployed in 2021
SAR 240 mn
USD 64 mn
In 2021, Jada Invested in a Total of
8 Funds
5 Venture Capital
3 Private Equity
Jada has
23
Full-time Employees
10 Women
Jada's
Initiatives
In 2021 Jada continued to build on the strong foundational initiatives developed in the previous year, expanding and growing its channels to continue delivering excellence in education and nurture the VCPE ecosystem through engagement with stakeholders both domestically and internationally.
