By Lucidity Insights Research Team • September 30, 2024
KSA's 10 Most Funded Startups: H1 2024 Roundup
Welcome to Lucidity Insights' Half Year Roundup of the most funded startups in Saudi Arabia for H1 2024. This video highlights the Kingdom's thriving startup ecosystem, which has garnered strong investment interest aligned with Saudi Vision 2030. In the first half of 2024, the top 10 funded startups collectively raised $206.1 million, with a focus on e-commerce, fintech, and proptech. We’ll delve into the standout achievements of each startup, including Salla, Moyasar, and Iyris, illustrating their innovative approaches and market impact. Discover the exciting trends shaping Saudi Arabia's entrepreneurial landscape and what the future holds for these companies as they drive economic growth and diversification in the region.
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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.
Other Videos
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Watch this video to explore our list of the top 10 Saudi-born startups leading in funding as of August 2023 and learn which sectors are making the most significant impact in the Kingdom's ecosystem.
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In 2022, Saudi startups reached a significant milestone, collectively securing over $1B in funding. Just five years earlier, these startups had only managed to secure slightly over $50M in a year.
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Watch this video to discover the most active Saudi investors in 2022 based on the number of Saudi-born startups in their portfolio.
