# SALIC

> SALIC is a VC fund in Riyadh backing Manufacturing and Food and Beverage. See 8 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Riyadh, Saudi Arabia
- Total investments: 8
- Last investment: May 2023
- Lead investor: 75%
- Last updated: Aug 2026
- Website: https://www.salic.com/English/Pages/default.aspx

SALIC is an investment firm specializing in agricultural investment and livestock production. The firm seeks investment opportunities in countries that welcome foreign investment and enjoy comparative advantages. It invests in agricultural commodities such as barley, wheat, corn, soybean, rice, sugar, edible oil, and red meat. The company'sinvestments contribute to the provision of targeted food supplies and implement its ambitious strategy to enter into partnerships with governments, companies, and communities.

## Contacts

5 contacts available for SALIC. Shizune tracks 1 team members at SALIC. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/salic?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 3 | 38% |
| Food and Beverage | 3 | 38% |
| SaaS | 1 | 13% |
| AgTech | 1 | 13% |
| Farming | 1 | 13% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Post-IPO Equity | 2 | 25% |
| Secondary Market | 2 | 25% |
| Seed | 1 | 13% |
| Series A | 1 | 13% |
| Post-IPO Secondary | 1 | 13% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 2 | 25% |
| Brazil | 1 | 13% |
| Singapore | 1 | 13% |
| United Kingdom | 1 | 13% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Sulaiman AlRumaih | CEO | 3 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| MBRF | BRF is one of the world’s largest food companies. It has more than 105,000 employees, 35 industrial units in Brazil, 13 plants abroad (six in Argentina, one in the U.K., one in the Netherlands, two in Thailand and one in the United Arab Emirates) and 40 distribution centers. It currently exports products to more than 120 countries. | $890M | Post-IPO Equity | May 31, 2023 |  |
| LT Foods | LT Foods Ltd. a leading Indian-origin global FMCG company in the consumer food space, has been a prominent player in the specialty rice and rice-based foods business for over 70 years, with a presence in more than 80 countries. | $8.2M | Post-IPO Secondary | Nov 10, 2022 |  |
| LT Foods | LT Foods Ltd. a leading Indian-origin global FMCG company in the consumer food space, has been a prominent player in the specialty rice and rice-based foods business for over 70 years, with a presence in more than 80 countries. | $48.4M | Post-IPO Equity | Nov 10, 2022 |  |
| Olam Agri | Olam Agri offers food, feed, and fibre in high-growth emerging markets with proven expertise, and processing capabilities. | $1.2B | Secondary Market | Mar 25, 2022 |  |
| Daawat Foods | Daawat Foods is a finest Basmati rice manufacturers. | $17.2M | Secondary Market | May 26, 2020 |  |
| Hummingbird Technologies | Hummingbird Technologies is an artificial intelligence SaaS platform using the latest deep learning and computer vision techniques along with proprietary algorithms to provide actionable intelligence to farmers and agri-businesses at key decision-making times in the growing season. The company analyses remote sensing data to help farmers identifyearly problems in their crops such as crop health, disease risk & detection, weed mapping and yield prediction as well as valuable information such as canopy coverage, plant counting, size and biomass estimation, with the objective of optimising inputs and maximising efficiency. Hummingbird began operating in 2016 and since then has covered in excess of >500,000 hectares of arable crops for farmers and agri-businesses. Their platform is utilised at key decision-making points in the growing season to allow intelligent and specific information to inform chemical or operational input decisions that decrease costs and improve outputs. | $2.6M | Series A | Oct 15, 2019 |  |
| Hummingbird Technologies | Hummingbird Technologies is an artificial intelligence SaaS platform using the latest deep learning and computer vision techniques along with proprietary algorithms to provide actionable intelligence to farmers and agri-businesses at key decision-making times in the growing season. The company analyses remote sensing data to help farmers identifyearly problems in their crops such as crop health, disease risk & detection, weed mapping and yield prediction as well as valuable information such as canopy coverage, plant counting, size and biomass estimation, with the objective of optimising inputs and maximising efficiency. Hummingbird began operating in 2016 and since then has covered in excess of >500,000 hectares of arable crops for farmers and agri-businesses. Their platform is utilised at key decision-making points in the growing season to allow intelligent and specific information to inform chemical or operational input decisions that decrease costs and improve outputs. | $2.6M | Seed | Oct 15, 2019 |  |
| Hummingbird Technologies | Hummingbird Technologies is an artificial intelligence SaaS platform using the latest deep learning and computer vision techniques along with proprietary algorithms to provide actionable intelligence to farmers and agri-businesses at key decision-making times in the growing season. The company analyses remote sensing data to help farmers identifyearly problems in their crops such as crop health, disease risk & detection, weed mapping and yield prediction as well as valuable information such as canopy coverage, plant counting, size and biomass estimation, with the objective of optimising inputs and maximising efficiency. Hummingbird began operating in 2016 and since then has covered in excess of >500,000 hectares of arable crops for farmers and agri-businesses. Their platform is utilised at key decision-making points in the growing season to allow intelligent and specific information to inform chemical or operational input decisions that decrease costs and improve outputs. | $8.9M | Series A | Jun 03, 2019 |  |

8 of 8 investments shown.

## Co-investors
- [Downing Ventures](https://shizune.co/investors/profile/downing-ventures) — VC Fund, 3 deals together
- [BASF Venture Capital](https://shizune.co/investors/profile/basf-venture-capital) — VC Fund, 2 deals together
- [TELUS Global Ventures](https://shizune.co/investors/profile/telus-ventures) — VC Fund, 2 deals together
- Marfrig — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [RA Capital Management](https://shizune.co/investors/profile/ra-capital-management) — VC Fund
- [KB Securities](https://shizune.co/investors/profile/kb-securities) — VC Fund
- [Frazier Healthcare Partners](https://shizune.co/investors/profile/frazier-healthcare-ventures) — VC Fund

## FAQ

### What does SALIC invest in?

SALIC invests primarily in Manufacturing, Food and Beverage and SaaS startups, most often at Post-IPO Equity and Secondary Market stage. Most of the 8 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact SALIC?

Public channels for SALIC include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at SALIC?

The team at SALIC includes Sulaiman AlRumaih (CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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