Founder and CEO Khaled bin Alwaleed participated in several segments of the four day investment summit; reveals new investments in portfolio
Members of the senior leadership team of KBW Ventures, headed by founder and CEO HRH Prince Khaled bin Alwaleed bin Talal Al Saud, attended the Future Investment Initiative (FII) in Riyadh.
Prince Khaled, joined onsite by Chiefs of Investments and Communications, took part in various elements of the four-day summit, including a working group conclave around ensuring global access to healthy aging solutions.
Co-chaired by Dr. Mehmood Khan, CEO of the Hevolution Foundation, Dr. Ellen Feehan, Partner, McKinsey & Company, Global Leader for Healthy Longevity, McKinsey Health Institute, and Dr. Fadia Saadah, Regional Director for Human Development in Middle East and North Africa Region, World Bank, the conclave included Dr. Paloma Haschke-Jospeh, Director of THINK, FII Institute, and several figures from across public and private sectors.
Prince Khaled also took part in panel discussion that looked at the evolving approach of venture capital firms, alongside investors from Saudi Arabia and further afield, including Bader S. AlMana, Deputy CIO & Head of Direct Investments, Sanabil Investments.
During the event, Prince Khaled highlighted that the KBW Ventures’ commitments in bioscience and biotechnology were very much in line with the Kingdom’s focus on “healthspan,” detailing five new investments in the sectors of medical and health technology.
In an exclusive interview, Prince Khaled shared that one of the company’s first investments in diagnostics was in a Canadian startup addressing allergy testing.
FII8 took place in Riyadh from 29 – 31 October with over 8,000 delegates, including leaders, investors and innovators taking part in over 200 panels and discussions addressing critical challenges and improving the lives of citizens.
Held under the theme “Infinite Horizons: Investing Today, Shaping Tomorrow,” the event witnessed the unveiling of several groundbreaking initiatives, including a global initiative to enable AI in emerging markets and Ocean Central, a digital platform developed by Wave and powered by FII Institute. Additionally, numerous investment initiatives were announced to support innovative projects in renewable energy, healthcare, and technology.
