Funding Value and Deals by Country

Saudi Arabia may be relatively new on its entrepreneurial and digital economy journey, but the Kingdom’s laser focus on developing a strong entrepreneurial ecosystem has helped start-up activity grow, and quickly.

Historically, Saudi Arabia has always trailed the UAE and Egypt’s startup ecosystems, but this changed in 2021, when Saudi Arabia became #2 in the Arab world in venture funding raised.

Saudi strengthened its 2nd place positioning in 2022, pulling further away from Egypt and closing in on the UAE.

Related Report

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.

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