SAB Invest has announced a strategic partnership with Stride Ventures, aiming to boost Saudi Arabia’s venture capital ecosystem by bringing international expertise and private credit solutions to the local market.

The collaboration marks SAB Invest’s move into startup-focused investments and SME financing, while giving Stride Ventures a local institutional partner to deepen its GCC presence. SAB Invest currently manages over SAR 36 billion in assets.

The alliance will provide Shariah-compliant, non-dilutive financing to high-growth startups and SMEs across fintech, B2B SaaS, health tech, logistics, and consumer sectors.

Ali Almansour, Managing Director & CEO at SAB Invest, said the partnership “expands the investable universe for our clients while localizing global financial expertise,” reinforcing Saudi Vision 2030’s goals of economic diversification.

Stride Ventures Founder & Managing Partner Ishpreet Singh Gandhi added that the firm plans to deploy $500 million across the region over the next three to five years, positioning this partnership as a key pillar in its GCC expansion strategy.