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Top 10 Most Funded Saudi-Born Startups (2022)

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By Lucidity Insights Research Team • March 01, 2023

Top 10 Most Funded Saudi-Born Startups (2022)

Learn how the fintech sector in Saudi Arabia has experienced the most recent rapid growth among all of the industries that are represented on the list.

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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What Are The Top 10 Most Funded Saudi Startups to Date? (2023)

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.

The Evolution of Saudi Arabia's Startup and Venture Capital Ecosystem

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.

Who are the Most Active Investors in Saudi?

Watch this video to discover the most active Saudi investors in 2022 based on the number of Saudi-born startups in their portfolio.