Dr. Nabeel Koshak

Arab News - - Radar -

Dr. Nabeel Koshak is the CEO and board mem­ber of the Saudi Ven­ture Cap­i­tal Co. (SVC). SVC is a gov­ern­ment ven­ture cap­i­tal firm es­tab­lished in 2018. It aims to de­velop the ven­ture cap­i­tal ecosys­tem in Saudi

Ara­bia to sup­port star­tups by co-in­vest­ing along with an­gel in­vestors, ven­ture cap­i­tal­ists, and so­phis­ti­cated in­vestors in star­tups as well as in­vest­ing in funds. It re­cently signed an in­vest­ment deal with a ven­ture cap­i­tal fund li­censed by the Cap­i­tal Mar­ket Author­ity and founded by Osool & Bakheet In­vest­ment Co. (OBIC) and iMENA Group. The sign­ing cer­e­mony took place vir­tu­ally be­tween Koshak and OBIC’s CEO Mazin Al-Da­wood, the Saudi Press Agency re­ported.

Koshak is a prom­i­nent Saudi aca­demic and en­tre­pre­neur. He was the founder and CEO of five tech star­tups.

He was also the founder and an­gel in­vestor at Athaal (An­gel In­vestors Group), which in­vests in early-stage star­tups across the MENA re­gion. He is chair­man of Saudi Ara­bia’s Global En­trepreneur­ship Net­work and a mem­ber of the in­vest­ment com­mit­tees at King Ab­dul­lah Univer­sity of Science and Tech­nol­ogy’s In­no­va­tion Fund. He was the found­ing dean of the Prince Mo­ham­mad bin Sal­man Col­lege (MBSC) be­tween 2017 and 2019. It is Saudi Ara­bia’s first in­sti­tute of higher learn­ing spe­cial­iz­ing in lead­er­ship and en­tre­pre­neur­ial de­vel­op­ment. Es­tab­lished in 2016, the MBSC is lo­cated at the King Ab­dul­lah Eco­nomic City near Jeddah. Koshak is a mem­ber of MBSC’s board of trus­tees.

Koshak is the for­mer pres­i­dent of Al-Baha Univer­sity and the for­mer vice pres­i­dent for busi­ness and in­no­va­tion at Umm Al-Qura Univer­sity (UQU).

He was an as­so­ciate pro­fes­sor con­duct­ing re­search at the Hajj and Um­rah Re­search In­sti­tute while teach­ing cour­ses at UQU’s Col­lege of En­gi­neer­ing and Ar­chi­tec­ture.

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