Investors looking to invest in Saudi Arabia

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ReGen Ventures
AF country flag AF AL country flag AL DZ country flag DZ and 191 more
250K - 2M
Idea or Patent Pre-seed Seed
ReGen is a venture capital firm that invests in early-stage companies. They focus on companies that are working in the fields of energy, health, and sustainability. They are dedicated to helping companies that are creating solutions that make the world a better place. ReGen invests in companies ...
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Fundraising in Saudi Arabia:

  • Overview: The startup scene in Saudi Arabia has been rapidly growing in recent years, attracting both local and international investors. The government has launched numerous initiatives to support the growth of the entrepreneurial ecosystem, making it one of the most attractive investment destinations in the Middle East.
  • Investment Figures: In 2020, startups in Saudi Arabia raised a total of $411 million through venture capital funding. The fintech and e-commerce sectors have seen the most investment activity, followed by the healthcare and energy industries.
  • Top Investors:
    • STC Ventures
    • VentureSouq
    • Wa'ed Ventures
    • Riyadh Venture
    • Badir Program for Technology Incubators and Accelerators
  • Popular Startups:
    • Careem - a ride-hailing app, later acquired by Uber
    • Foodics - a cloud-based platform for food and beverage businesses
    • WFH - a virtual workspace and productivity app
    • Afkar - a platform connecting investors with startups
    • Mawdoo3 - an online platform for educational and cultural content
  • Government Support: The government has launched several initiatives to support the growth of the startup ecosystem in Saudi Arabia. These include the Vision 2030, the National Transformation Program, and the Saudi Arabian General Investment Authority (SAGIA). These initiatives aim to diversify the economy, increase innovation and entrepreneurship, and attract foreign investment. In addition, the government has also established several investment funds and accelerators to support local startups and entrepreneurs.
  • Comparison with the Rest of the World: The startup scene in Saudi Arabia is relatively young compared to other countries, but the rapid growth and government support make it an attractive destination for investors. The fintech and e-commerce sectors have shown promising potential and the government's continued efforts to support entrepreneurship are likely to further fuel the growth of the startup ecosystem in the coming years. Local startups also enjoy very attractive tax rates compared with Europe or the United States.