Saudi-based AgriTech startup Arable secured USD 2.6 mn in a seed funding round led by unnamed institutional and private investors, according to a press release. Some 90% of the round’s funds came from foreign backers. The statement did not disclose the identity of the investors, the size of their individual contributions, or whether the investments are debt or equity based.

Use of proceeds: The raised funds will support efforts to “pioneer sustainable hydroponic farming” in Saudi as part of a drive to develop local agriculture, the statement said.

About Arable: Co-founded by CEO Lawrence Ong (Linkedin) and COO Christina Khalife (Linkedin) in 2024, Arable specializes in hydroponic farming systems tailored to the region’s arid climate, offering solutions that are purportedly four times faster, four times cheaper, and 2.5 times more cost-efficient than regional alternatives. 80% of its system’s components are locally sourced or manufactured.

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Egypt-based Talent 360 ME eyes Saudi expansion: Egyptian HR management startup Talent360 ME is eyeing expanding into Saudi Arabia, after it closed an undisclosed six-figure investment round led by CStar, it said in a post on LinkedIn.

About Talent 360 ME: Talent 360 ME provides outsourced HR solutions for startups and SMEs, aiming to cut down the costs of hiring in-house HR teams.

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