Riyadh – Sharikat Mubasher: Saudi startups secured nearly half of all venture capital funding in the Middle East during the first half of 2025, attracting $540 million, or 49.1% of the region’s total $1.1 billion across 243 deals, according to data from Digital Digest.

The Kingdom also led in deal volume, accounting for 35% of total transactions, underscoring growing investor confidence in Saudi Arabia’s innovation ecosystem. This surge reflects strong government backing, rapid digital transformation, and rising local and international interest in the market.

Among the standout deals, Tabby, a leading buy now, pay later platform, raised $160 million in a major funding round, fueled by demand for smart consumer finance solutions. Meanwhile, iMENA, a digital services and tech firm, secured $135 million, signaling investor belief in its regional growth potential.

This funding momentum aligns with Saudi Arabia’s Vision 2030 goals to position the Kingdom as a regional hub for technology and innovation, backed by regulatory reform, incentive programs, and an increasingly supportive entrepreneurship environment.