Public Investment Fund
Government fundRiyadh · Growth–Late Stage · 25 people tracked
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Investment thesis
PIF positions itself as a catalyst of change, deploying capital to accelerate growth in strategic ecosystems, stimulate new opportunities, and shape future blueprints for living and working. It manages a diversified portfolio structured across three portfolios, each with a distinct objective serving the fund's overarching mandate. The fund emphasizes contribution to Saudi Arabia's non-oil GDP and enabling private sector growth through its Private Sector Hub, which connects entrepreneurs, investors, and suppliers with opportunities across PIF's portfolio companies while supporting local content development and national economic prosperity.
Source: firm website, verified Sep 27, 2026.
Team · 25 people
from the firm's website & curatedWhat they invest in
from 6 of 11 portfolio companiesConstruction Tech ×3AI & Machine Learning ×2PropTech ×2Advanced Manufacturing ×1Cleantech ×1Climate Tech ×1Deep Tech ×1Energy ×1
HQs:United States×4Saudi Arabia×3Germany×1United Kingdom×1
Investments · 11 tracked
founders shown can be your intro pathBy year:2026 · 22024 · 22021 · 12019 · 12014 · 17 dated
Revolutionizing space technology to make life multi-planetary
Hawthorne, US
Elon Musk(Founder, CEO & Chief Engineer)inBret Johnsen(Executive Officer)inGwynne Shotwell(Executive Officer, Director)
BoardAntonio Gracias(Director)inSteve Jurvetson(Director)inDonald Harrison(Director)
Co-investors1/1 Capital137 Ventures1802 Ventures2080 Ventures3Spoke Capital4DX Ventures+195 more
Babylon Health was a London-based digital primary care provider using an AI symptom checker and video GP consultations; it collapsed in 2023.
London, GB
Co-investorsHoxton VenturesVNV GlobalKinnevikMunich Re Ventures
Blacklane is a marketplace platform that connects users with premium professional driver services provided by independent local service providers, enabling guests to book transportation to specific destinations.
MarketplacesMobility & TransportationTravel & HospitalityNew York, DE
Dr. Jens Wohltorf(Founder)in
Co-investorsTaurus Venturesb2ventureRecruit Holdings
Diriyah Company develops a large-scale cultural and mixed-use destination in Saudi Arabia, offering infrastructure and real estate investment opportunities including hospitality, residential, office, and retail assets.
Construction TechPropTechRiyadh, SA
Jerry Inzerillo(Group Chief Executive Officer)in
BoardMohammed bin Salman bin Abdulaziz Al-Saud(Chairman of the Board)
ROSHN Group is a multi-asset class real-estate developer building integrated, human-centric urban communities across Saudi Arabia.
Construction TechPropTech
Tensordyne builds AI hardware, chips, and software systems optimized for efficient inference at reduced energy and computational cost.
AI & Machine LearningDeep TechHardwareSemiconductorsSunnyvale, US
RK Anand(Co-founder and Chief Product Officer)inGilles Backhus(Co-Founder, VP of AI & Product)inR K Anand(Founder)inMarc Bolitho(CEO)in
Co-investorsBanyan VenturesBMW i VenturesBosch VenturesCelesta CapitalDns CapitalGreatPoint Ventures+8 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AtievaQiddiyaRed Sea GlobalVIA Motors International
Exits · 1
1 IPOsSpaceXNASDAQ: SPCX
Portfolio news
latest coverage across their companiesNEOM · neom.com · Jan 7, 2026
Frequently asked questions
- How many investments has Public Investment Fund made?
- Public Investment Fund has 11 tracked investments, 1 of which have exited, including 3 dated in the last 24 months.
- What stage does Public Investment Fund invest at?
- Public Investment Fund invests at the Growth, Late Stage stages.
- What sectors does Public Investment Fund focus on?
- Public Investment Fund focuses on Sector Agnostic.
- Where is Public Investment Fund located?
- Public Investment Fund is headquartered in Riyadh, SA.
Media · Podcasts & interviews
from their channelأخبار الصندوق | أسفار تفتتح منتجع قمرة الجبلي في الباحة
Public Investment Fund
PIF News | ASFAR Gamra Mountain Resort in Al Baha
Public Investment Fund
التقرير السنوي لعام 2025 لصندوق الاستثمارات العامة
Public Investment Fund
أخبار صندوق الاستثمارات العامة | إلهام الجيل القادم
Public Investment Fund
PIF 2025 Annual Report
Public Investment Fund
PIF News | Inspiring the Next Generation
Public Investment Fund
Images
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