KSA Average Funding Rounds
20 May 2023•
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Saudi Arabia’s start-up funding has skyrocketed in 2022, growing more than 20x in 5 years to reach US$ 1.2 billion across 57 disclosed deals (out of 90 deals total); 2018 funding hovered at $50 million across 54 disclosed deals (out of 71 total deals).
This also means that the average deal size in Saudi has grown substantially from <$1 million per deal in 2017, to an average of over US$ 20 million per deal in 2022.
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