Active Investments · Portfolio

Companies we
back.

Growth Catalyst takes meaningful stakes in founder-led Saudi businesses at the inflection point of scale — partnering with management to build governance, accelerate growth, and prepare each company for its next chapter.

01HealthcareBiomanufacturing

Vaccine Industrial Holding

Saudi Arabia's pioneering human vaccine manufacturing company. VIC is building the Kingdom's capacity to locally produce, fill, and export vaccines across the Middle East — reducing import dependency and positioning the KSA as a regional vaccine hub, in direct alignment with Vision 2030's national biotechnology strategy.

Founded
2022
Headquarters
Riyadh, KSA
Vaccine Industrial Holding — biomanufacturing facility, Saudi Arabia

Pipeline

More investments being announced

We are actively evaluating founder-led businesses across healthcare, industrials, food & agriculture, education, renewables, and entertainment.

Announcements forthcoming

How we invest

Active ownership, not passive capital.

Every portfolio company benefits from a board seat, a structured value creation plan, and direct access to the Growth Catalyst network. We sit alongside management — not above them.

What we look for

01

Scale signal

Saudi mid-market focus

Profitable, founder-led mid-market businesses with a clear path to scale

02

Founder signal

Succession or scale opportunity

Owners ready to professionalise, institutionalise, or position for exit

03

Cash signal

Positive operating cash flow

We invest in proven business models, not pre-revenue concepts

04

Sector signal

Vision 2030-aligned sector

Industrials, healthcare, food & agriculture, education, renewables, entertainment

05

Governance signal

Governance-receptive management

Teams willing to operate under PE-standard governance, board oversight, and reporting