Jada Fund of Funds is a company established by the Public Investment Fund of Saudi Arabia to enhance the private equity and venture capital ecosystem in the Kingdom. Launched in 2016 and renamed in 2019, Jada has an investment capital of SAR 4 billion (approximately USD 1 billion). It plays a vital role in Saudi Arabia's Vision 2030, which aims to diversify the economy and promote sustainable development. As a fund of funds, Jada invests in private equity and venture capital funds that support small and medium-sized enterprises (SMEs) and startups. The company focuses on stimulating economic growth, increasing local content in non-oil sectors, and improving access to health services. Jada has supported 453 SMEs, generated over 10,500 jobs, and committed SAR 2.6 billion in funding, with SAR 914 million invested in capital. Its efforts are expected to significantly contribute to Saudi Arabia's GDP and job creation by 2027.