Saudi Arabia has strengthened its dominance within the Center East and North Africa’s enterprise capital panorama, securing the highest spot in H1 2025 with a complete VC funding of $860m (SR3.2bn) — already surpassing the Kingdom’s full-year VC complete for 2024.
The “H1 2025 MENA Enterprise Funding Report” from enterprise information platform MAGNiTT revealed that Saudi Arabia accounted for 56 per cent of complete capital deployed throughout the MENA area, underscoring its pivotal function in shaping the area’s startup and innovation financial system.
The Kingdom additionally noticed a record-breaking 114 VC offers in the course of the first six months of the yr, signalling sturdy investor confidence and continued momentum in startup exercise.
Saudi VC funding
This milestone aligns intently with the targets of Saudi Imaginative and prescient 2030, which has positioned enterprise capital and entrepreneurship as key pillars for diversifying the Kingdom’s financial system and lowering dependency on oil.
Dr. Nabeel Koshak, CEO and Board Member at SVC, stated: “The Kingdom’s main place within the VC scene within the area comes because of many governmental initiatives launched to stimulate the VC and startups ecosystem throughout the Saudi Imaginative and prescient 2030 applications.
“We at SVC are dedicated to persevering with to guide the event of the ecosystem by stimulating personal traders to offer help for startups and SMEs to be able to quick and excessive progress, resulting in diversifying the nationwide financial system and attaining the targets of the Saudi Imaginative and prescient 2030.”
SVC, a subsidiary of the SME Financial institution below the Nationwide Growth Fund (NDF), performs a central function in enabling early-stage and growth-stage corporations by investing in funds and instantly in startups, from pre-Seed to pre-IPO.
With Saudi Arabia now representing greater than half of all VC funding within the area, the report confirms that the Kingdom’s startup panorama is coming into a brand new section of maturity, fuelled by public-private partnerships, coverage reform, and sustained investor urge for food.
60+ Free Networking Occasions | August 2025
Summer season’s right here, however whereas it might be vacation season for some, for enterprise professionals and entrepreneurs, August is…
Foodics experiences $6 billion GMV and 29% income progress in H1 2025 as fintech adoption surges
Riyadh-headquartered restaurant administration platform Foodics has reported sturdy progress throughout key metrics within the first half of 2025, pushed by…