By Lucidity Insights Research Team • April 04, 2023
Among the over 65 active venture capitalists registered today, meet the most active Saudi VCs based on the number of Saudi-born startups in their portfolio.
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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Explore the top 10 most funded startups in Saudi Arabia's vibrant ecosystem for H1 2024, showcasing innovation across e-commerce, fintech, and proptech.
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.
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.