Latest news with #NabeelKoshak
Gulf Business
7 days ago
- Business
- Gulf Business
Saudi Arabia tops MENA with $860m VC surge in H1 2025
Image: Getty Images Saudi Arabia's venture capital ecosystem reached new heights in the first half of 2025, securing a record total VC investment of $860m (SAR3.2bn), according to the newly released ' The report highlights that Saudi Arabia retained its position as the top recipient of venture capital in the MENA region, accounting for 56 per cent of the region's total capital deployed. The achievement underscores the Kingdom's growing appeal as a VC destination, supported by a competitive investment landscape and its status as the region's largest economy. Deal activity also hit a new milestone, with Saudi Arabia recording 114 VC deals in H1 2025—a 31 per cent increase from the same period last year. This figure represents 37 per cent of all deals across MENA, marking the Kingdom's highest-ever share of regional deal flow. Sectors Sector-wise, e-commerce led the way in terms of capital raised, attracting $306m (SAR1.1bn) and accounting for 36 per cent of total VC deployment in the Kingdom. Fintech remained the most active sector by number of deals, with 30 transactions, representing 26 per cent of all VC deals during the first half of the year. Commenting on the report, Dr. Nabeel Koshak, CEO and Board Member of SVC, said: '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 a record VC funding and deal count in the first half of 2025. This growth directly results from the country's commitment to realising the Saudi Vision 2030, which emphasises fostering entrepreneurship and stimulating investment in startups from early to later stages.' Read: Established in 2018, SVC is a subsidiary of the SME Bank, which falls under the National Development Fund. The company plays a key role in supporting Saudi Arabia's startup and SME sectors by investing in private capital funds such as venture capital, private equity, venture debt, and private credit, along with direct investments in startups and SMEs at various growth stages.
Zawya
7 days ago
- Business
- Zawya
Saudi reforms drove VC funding to surge 116% in six months
Saudi Arabia's reforms have driven venture capital funding to more than double in less than a year, exceeding the total capital deployed in the whole of last year. The kingdom's VC funding, which reached SAR 3.2 billion ($860 million) in the first six months of 2025, marked a 116% jump over the same period in 2024, according to MAGNiTT, a venture data platform. The growth has been driven by Saudi Arabia's efforts to promote entrepreneurship and stimulate the expansion of the kingdom's start-up scene, as part of the Saudi Vision 2030 goals. Among the entrepreneurs seeking to raise capital during the first half of the year, those in e-commerce took the lead with a combined funding of $306 million, accounting for 36% of the total. In terms of the number of deals, Fintech took the number one spot with 30 deals or 26% of the kingdom's total. Saudi Arabia logged a total of 114 VC transactions during the period, marking a 31% growth compared to the first half of 2024. This also represents more than a third (37%) of all the deals recorded in the Middle East and North Africa (MENA) region, the highest share ever for Saudi Arabia. '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 a record VC funding and deal count in the first half of 2025,' said Nabeel Koshak, CEO and Board Member at SVC, which had commissioned MAGNiTT to compile a report on VC funding. 'This growth directly results from the country's commitment to realising the Saudi Vision 2030, which emphasizes fostering entrepreneurship and stimulating investment start-ups from early to later stages.' (Writing by Cleofe Maceda; editing by Seban Scaria)
Leaders
22-07-2025
- Business
- Leaders
Saudi VC Funding Surges to $860 Million in H1 2025, Outpacing All of 2024
Saudi Arabia set a new record in venture capital (VC) activity in the first half of 2025, with total investments reaching $860 million (SAR 3.2 billion). This marks a 116% increase compared to H1 2024 and exceeds the total VC funding raised in the entire year of 2024. Saudi Arabia retained its position as the top VC market in the MENA region, accounting for 56% of the total capital deployed. The figures highlight the Kingdom's strong investment appeal, dynamic business environment, and its continued dominance as the region's largest economy. According to the 'H1 2025 Saudi Arabia Venture Capital Report' released by MAGNiTT and sponsored by Saudi Venture Capital (SVC), a total of 114 VC deals were closed in the first half of the year—a 31% increase from H1 2024. This represents 37% of all MENA VC transactions, the highest share ever recorded for Saudi Arabia. E-Commerce Tops Investment, Fintech Leads in Deal Count The e-commerce sector attracted the most capital, securing $306 million (SAR 1.1 billion) and accounting for 36% of total VC deployment. Meanwhile, fintech led in the number of deals, with 30 transactions, making up 26% of all VC deals in the country. Dr. Nabeel Koshak, CEO and Board Member of SVC, commented on the report's findings: '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 a record VC funding and deal count in the first half of 2025. This growth directly results from the country's commitment to realizing the Saudi Vision 2030, which emphasizes fostering entrepreneurship and stimulating investment in startups from early to later stages.' (SVC) Founded in 2018, SVC is a subsidiary of the SME Bank, which is part of the National Development Fund. The firm focuses on stimulating and sustaining funding for startups and SMEs from pre-Seed to pre-IPO stages. It does so through investments in private capital funds—including venture capital, private equity, venture debt, and private credit—as well as direct investments. Related Topics : KAUST Researchers Embark on Groundbreaking OceanQuest Expedition Around Africa Saudi Researchers Unveil Revolutionary Nanoplastic for Sustainable Street Lighting What is Research & Development? How Can You Implement It Effectively in Your Business? KAUST Accelerates Scientific Research with 67 Projects in AI, Cybersecurity, Bioinformatics Short link :
Syyaha
22-07-2025
- Business
- Syyaha
Saudi Arabia Aggregates $860M of Venture Capital Deployment in H1 2025, Surpassing All of 2024 Funding, and Maintains Its Leading Position in MENA
The 'H1 2025 Saudi Arabia Venture Capital Report' revealed that Saudi Arabia achieved a record total Venture Capital (VC) deployment of $860 million (SAR 3.2Bn) in H1 2025, up by 116% compared to H1 2024, surpassing the total VC funding for all of Kingdom also maintained its first rank across the MENA region in VC funding, accounting for 56% of the total capital deployed in the region. This confirms the attractiveness of the Saudi market, its competitive environment, and its position as the largest economy in the MENA report released today by the venture data platform MAGNiTT, sponsored by SVC, also shows that Saudi Arabia achieved a record 114 VC deals in H1 2025, a 31% increase compared to H1 2024. This accounts for 37% of the total deals in the MENA region, marking the highest share ever for the to the report, e-commerce ranked first among sectors in Saudi Arabia, accounting for 36% of the country's capital deployed in H1 2025, with a value of $306 million (SAR 1.1 billion). Fintech led in the number of deals, with 30 deals, representing 26% of all VC deals in the on the report, Dr. Nabeel Koshak, CEO and Board Member at SVC, said: '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 a record VC funding and deal count in the first half of 2025. This growth directly results from the country's commitment to realizing the Saudi Vision 2030, which emphasizes fostering entrepreneurship and stimulating investment in startups from early to later stages.'SVC is an investment company established in 2018 and is a subsidiary of the SME Bank, one of the development banks affiliated with the National Development Fund. SVC aims to stimulate and sustain financing for startups and SMEs from pre-Seed to pre-IPO through investment in private capital funds (venture capital, private equity, venture debt and private credit) as well as direct investment in startups and SMEs. The post Saudi Arabia Aggregates $860M of Venture Capital Deployment in H1 2025, Surpassing All of 2024 Funding, and Maintains Its Leading Position in MENA appeared first on سياحة.
Zawya
22-07-2025
- Business
- Zawya
Saudi Arabia aggregates $860mln of venture capital deployment in H1 2025, surpassing all of 2024 funding
Riyadh, Saudi Arabia – The 'H1 2025 Saudi Arabia Venture Capital Report' revealed that Saudi Arabia achieved a record total Venture Capital (VC) deployment of $860 million (SAR 3.2Bn) in H1 2025, up by 116% compared to H1 2024, surpassing the total VC funding for all of 2024. The Kingdom also maintained its first rank across the MENA region in VC funding, accounting for 56% of the total capital deployed in the region. This confirms the attractiveness of the Saudi market, its competitive environment, and its position as the largest economy in the MENA region. The report released today by the venture data platform MAGNiTT, sponsored by SVC, also shows that Saudi Arabia achieved a record 114 VC deals in H1 2025, a 31% increase compared to H1 2024. This accounts for 37% of the total deals in the MENA region, marking the highest share ever for the Kingdom. According to the report, e-commerce ranked first among sectors in Saudi Arabia, accounting for 36% of the country's capital deployed in H1 2025, with a value of $306 million (SAR 1.1 billion). Fintech led in the number of deals, with 30 deals, representing 26% of all VC deals in the Kingdom. Commenting on the report, Dr. Nabeel Koshak, CEO and Board Member at SVC, said: '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 a record VC funding and deal count in the first half of 2025. This growth directly results from the country's commitment to realizing the Saudi Vision 2030, which emphasizes fostering entrepreneurship and stimulating investment in startups from early to later stages.' SVC is an investment company established in 2018 and is a subsidiary of the SME Bank, one of the development banks affiliated with the National Development Fund. SVC aims to stimulate and sustain financing for startups and SMEs from pre-Seed to pre-IPO through investment in private capital funds (venture capital, private equity, venture debt and private credit) as well as direct investment in startups and SMEs.
