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AI + Innovation (MENA) 
Logistics (MENA) 
The Kingdom’s startup funding drops 70% y-o-y in 2024
Saudi investors were MENA’s most active
Gender gap in VC funding widens as AI companies dominate
Funds targeting female founders are going through a rough patch
Laundry booking app Wilow wraps up pre-seed funding round
The company plans to use the funding to scale its operations and improve its digital infrastructure
AgriTech Arable raises USD 2.6 m in seed funding round
Arable specializes in cost-efficient and locally-sourced hydroponic farming systems
Rize closes SAR 132 mn series A round
Rize plans to develop its tech and expand its service to the Eastern and Western regions
Saudi startups raised a combined USD 30 mn in December
Funds raised by MENA startups declined 76% y-o-y in December
Influencer marketing startup Halo AI closes USD 6 mn seed round
Halo AI kicked off its operations in Saudi last month
Saudi tops regional VC funding league tables in 2024
Kingdom-based startups racked up USD 750 mn in investments across 178 transactions in 2024
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