Pinnacle launches VC fund to back Saudi growth companies, secondary deals

Saudi Arabia-based Pinnacle has launched a venture capital fund focused on growth-stage and secondary investments in the Kingdom. The fund will invest in Saudi technology companies through primary funding rounds and secondary transactions, targeting established growth companies while providing additional liquidity to the venture ecosystem. It will primarily target fintech, e-commerce, health and lifestyle, and technology businesses that address urban living, mobility, and real estate. Pinnacle,