Saudi Arabia leads MENA VC funding in 1H 2025
Saudi Arabia ranked second among all EVM geographies, with USD 860 mn raised from 114 investments
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Saudi Arabia ranked second among all EVM geographies, with USD 860 mn raised from 114 investments
Easier access to foreign funds is introduced
PLUS: Wsm signs SAR 500 nn gov’t contract for procurement
The financing will be available to qualifying SMEs on the platform starting in the 3Q 2025
Arbor Ventures, COTU Ventures, Raed Ventures, and SVC participated in the round
Nqoodlet’s round was led by Wa’ed Investments, with backing from Omantel and others
The funds will also be used to scale up Islamic supply chain finance and B2B payments platform
Funds will fuel platform growth and deploy an extra USD 2.7 mn in debt financing
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