Book a free demo with us
Book Now
Saudi NFT Startup Nuqtah raises seed funding from Animoca Brands and Polygon

Saudi NFT Startup Nuqtah raises seed funding from Animoca Brands and Polygon

By Staff Writer 16 March 2023
Nuqtah NFT CEO Salwa Radwi and Team

Press ReleaseNuqtah, Saudi Arabia’s first NFT marketplace platform, announced today that it has raised a seed round of funding led by Animoca Brands with participation from Polygon and regional investors. The new funding will be used to scale up Nuqtah’s business over the next 12 months.

Nuqtah is the first NFT marketplace in Saudi Arabia and the first to be licensed by the Ministry of Communications and Information Technology and the Ministry of Investment. Nuqtah aims to empower its creators, businesses, and users to unlock the new opportunities that the Web3 space offers to the region. Nuqtah allows individuals and businesses to

Content Locked

Login or Register a FREE account to continue browsing our content

Related Report

Riyadh Startup Ecosystem

The Evolution of Saudi Arabia Startup Ecosystem 2010-2022

As the KSA Startup Ecosystem continues to evolve, this report serves as an indispensable guide for investors, entrepreneurs, and stakeholders eager to navigate its complexities. The first comprehensive overview of Saudi's startup ecosystem, its history, and its future. The Special Report hosts perspectives and insights from many of the country’s most active investors, highlights new investment trends, critical milestones hit by the Kingdom’s fast-growing startup ecosystem, and spotlights a handful of interesting startups coming out of the Kingdom. It is packed full of insights, data, and opinions from the thought leaders and market-makers in the Kingdom. Readers will gain a deep understanding of the unique factors driving Saudi Arabia's entrepreneurial spirit, the challenges faced by startups, and the opportunities that lie ahead. This report serves as an invaluable resource for anyone looking to navigate and invest in this vibrant and rapidly evolving market.

Subscribe To Our Newsletter

Stay up to date with the latest news, special reports, videos, infobytes, and features on the region's most notable entrepreneurial ecosystems