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Saudi’s Public Investment Fund launches Jada, a $1.07 billion fund of funds to invest in startups and SMEs

Saudi sovereign wealth fund ‘Public Investment Fund’ that has been actively investing in startups across the globe has launched Jada, a $1.07 billion (SAR 4 billion) fund to invest in SMEs (including startups), it announced today. Jada will be making investments in venture capital and private equity funds, PIF said…

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