​​​​​​This meetup reflected on the VCPE industry in Saudi Arabia and discussed insights from VCPEA latest report. This meetup also served as the MOU signing ceremony for the ecosystem partnership.

Jada’s third meet-up saw Saudi’s leading business executives coming together for a panel moderated by Mazin Alshanbari, Venture Capital Director, Jada, where the findings from the ‘Saudi Ventures’ Q2 report were discussed, published by the Saudi Venture Capital and Private Equity Association (SVCPE) in August 2020. According to the report, venture capital investments in Saudi-based startups posted a staggering year-on-year increase of more than 300% in Q2 of 2020, from the same period in 2019, up from approximately SAR 57 million (USD 15.1 million) to over SAR 250 billion (USD 66.7 billion).​