Modus, a venture capital company, agreed to acquire Agile Ventures, a venture capital firm. Financial terms were not disclosed. "Successful Venture Building is about an empowering culture and proper processes; that's what we love about Modus. We share similar values, cultural beliefs, and each have robust Venture Building frameworks. Modus believes in Vision 2030 and together, we are building a solid team to develop innovative startups that can add value to the economy and equip Saudi talent with the skills required in the 21st century. We believe together, we will do extraordinary work," Ahmad Abutaleb, Agile Ventures Co-Founder and CEO.