• Saudi-based Wyld VC launches USD 50M fund to invest in early-stage AI startups across MENA and the San Francisco Bay Area.
• The fund, backed by billionaire Lawrence Golub’s family office, aims to connect Gulf capital with Silicon Valley innovation.
• Wyld VC plans to begin investing after Trump’s Middle East visit, targeting AI as a core driver of regional growth.

Wyld VC

What happened? Saudi Arabia-based Wyld VC is launching a USD 50 million fund to invest in AI startups across the Middle East and San Francisco Bay Area. The family office of US billionaire Lawrence Goloub backs the venture capital firm.

What is next? It plans to focus on early stage companies with a goal of developing ties between Gulf nations and the US. With this, it aims to help accelerate AI development. 

“We are at a generational inflection point where the Bay Area’s technical breakthroughs need allies and partners who can help them accelerate their growth, and the GCC is uniquely positioned to provide both. The Middle East sees AI as the next oil.” said Wyld VC founder Tala Hasan Al Jabri.

The fund intends to close its first deals after US President Trump finishes his visit to the Middle East. This includes Saudi Arabia and the United Arab Emirates.

Wyld VC’s headquarters are in Saudi Arabia and plans to set up offices in UAE and Silicon Valley. Additionally, Lawrence E. Golub Family Office anchors the firm.

Artificial Intelligence

Why does this matter? AI will be a crucial part of the visit’s agenda as both the UAE and Saudi aim to draw investment and build data centers. Furthermore, both nations center AI infrastructure in their economic diversification strategies. 

The founder of Wyld VC sees this as an opportunity to capture fresh AI momentum. Moreover, the fund’s main goal is to link startups in countries like Saudi Arabia with US talent and resources.