anb capital and Lexham Partners are launching a $200 million growth fund focused on technology companies in Saudi Arabia and the broader MENA region. The fund will back growth‑stage and pre‑IPO firms through secondary transactions and equity investments.
The fund targets businesses that align with Saudi Arabia’s Vision 2030 transformation agenda. It will deploy institutional capital to expand access to funding, enhance the venture ecosystem and support MENA capital market development.
Dominic Perks, Managing Partner at Lexham Partners, said the region is entering a phase of growth investing, supported by entrepreneurial talent, capital flows and structural reforms. He described the fund as a means to partner with founders building companies with global potential.
