The Public Investment Fund (PIF) is the sovereign wealth fund of Saudi Arabia, founded in 1971 and headquartered in Riyadh. As one of the world's largest sovereign wealth funds with approximately $913 billion in assets under management as of end-2024, PIF serves as a key driver of Saudi Vision 2030, investing across diverse sectors including technology, gaming, sports, tourism, and infrastructure both domestically and internationally.
Average disclosed round size is $2374.2M (across 9 rounds with reported amounts).
Portfolio
13
Fund Size
$913B
Top Stage
Unknown
Last 12 Mo
0
Team
Martin Ngombwa
Private Equity Director
Marwan Bouez
Senior Director
Daniel Grice
Senior Vice President, Head of Regional Investments
Lawrence N.
Direct Investments
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Pony.ai | Series D | $100M | Oct 2023 |
| KKakao Entertainment | Growth | $966M | Jan 2023 |
 Volocopter | Series E | $182M | Nov 2022 |
| BBabylon Healthcare Services Ltd. | Growth | — | Aug 2019 |
 Babylon Health | Series C | $550M | Aug 2019 |
 Uber | Growth | $3.5B | Jun 2016 |
 Lucid Motors | Series D | — | — |
| HHuman Horizons Group Inc. | Unknown | — | — |
| AAdenia Capital IV | Unknown | $470M | — |
| DDepa | Unknown | — | — |
| NNoon.com | Unknown | $2B | — |
| TThe Saudi National Bank (SNB) | Unknown | $1.3B | — |
| AAramco | Ipo | $12.3B | — |
Top Co-Investors
Last updated: 8 September 2026