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Saudi Arabia sets record with $860m in venture capital in H1 2025

It is a 116% surge compared to the same period in 2024
 

Saudi Arabia receives $860m in venture capital in first half of 2025

Saudi Arabia’s venture capital (VC) sector reached a historic milestone in the first half of 2025, recording $860 million (SAR 3.2 billion) in deployed capital—a 116% surge compared to the same period in 2024. The figure not only exceeds total VC funding for all of last year but also cements the Kingdom’s position as the MENA region’s top investment hub, accounting for 56% of regional capital deployment.

According to the "H1 2025 Saudi Arabia Venture Capital Report" released by MAGNiTT in partnership with Saudi Venture Capital (SVC), the Kingdom also achieved a record 114 VC deals during the period, up 31% year-over-year. These deals represent 37% of all transactions across MENA—the highest share ever recorded for Saudi Arabia.

 

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E-Commerce and Fintech Dominate VC Activity

E-commerce led in capital raised, attracting $306 million (SAR 1.1 billion) and representing 36% of total VC funding in the Kingdom. Fintech, meanwhile, topped in number of deals, with 30 transactions making up 26% of Saudi Arabia’s VC deal volume in H1 2025.

Strong Momentum Under Vision 2030

Dr. Nabeel Koshak, CEO and Board Member of SVC, credited the Kingdom’s long-term commitment to Vision 2030 for this momentum:

“The steady growth of the Saudi VC ecosystem in recent years has enabled it to maintain its leading position in the MENA region and achieve record funding and deal count in H1 2025. This progress stems directly from Saudi Arabia’s strategy to foster entrepreneurship and encourage investment across all startup stages.”

Established in 2018 under SME Bank—a subsidiary of the National Development Fund—SVC plays a pivotal role in financing startups and SMEs. The firm supports ventures from pre-Seed to pre-IPO stages through investments in venture capital and private equity funds, as well as targeted direct investments.

 

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Long-Term Vision for Entrepreneurial Growth

The report emphasizes Saudi Arabia’s strategic focus on cultivating a robust entrepreneurial ecosystem as part of its Vision 2030 agenda. By prioritizing capital access across the entire startup lifecycle, the Kingdom aims to maintain its leadership in the region’s venture capital space and build a sustainable, innovation-driven economy.

Source: One Arabia

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