Saudi Edition 
MENA+ Edition 
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AI + Innovation (MENA) 
Logistics (MENA) 
Saudi Arabia’s startup ecosystem ranks 38th in the world
Within the Arab League, the Kingdom ranked second behind the UAE
SARsatX raises USD 2.6 mn in seed funding round
The round was led by Tonomus, with participation from Wa’ed Ventures, Access Bridge Ventures, and KAUST Innovation Ventures.
Kilow raises USD 2.5 mn in seed round
The health-tech startup will use the funds to grow its AI-powered weight management platform
Nqoodlet lands USD 3 mn in seed funding round + Tuba raises USD 8 mn in pre-seed round
Nqoodlet’s round was led by Wa’ed Investments, with backing from Omantel and others
erad raises USD 16 mn in pre-series A funding round
Funds will scale the startup’s Shariah-compliant, data-driven SME financing platform
Techrar closes SAR 6 mn investment round
The round was led by Wa’ed Ventures
Saudi leads MENA VC surge as region defies global slowdown
Over half of Mena’s VC investment flowed into the Kingdom in 1Q 2025
TruBuild raises USD 1 mn in seed funding round
The round was led by Aramco’s VC arm Wa’ed Ventures and Dar Ventures
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