Funded Startups in Ar Riyad
Riyadh accounts for all 50 of the most recent funded rounds visible in this dataset, spanning October 2024 through November 2025.
Riyadh accounts for all 50 of the most recent funded rounds visible in this dataset, spanning October 2024 through November 2025. Financial services leads by deal count — at least 10 companies, from Hala's $157M Series B in September 2025 down to Snbla's $100K pre-seed in July 2025. Artificial intelligence follows with seven companies, three of which closed Series B rounds: Lean Technologies ($68M, November 2024), Lucidya ($30M, July 2025), and Salasa ($30M, August 2025).
Early-stage rounds dominate by transaction volume. Seed and Pre-Seed deals make up the majority of the 50 rows shown, with most disclosed amounts falling between $330K and $8M. Growth-stage capital is more concentrated: the five Series B rounds in this dataset range from $30M to $157M. Real estate drew significant capital as well, with LADUN raising $58M in February 2025 and Rize closing a $35M Series A in January 2025. Manufacturing (Tadweeer, $45M) and internet services (Gathern, $72M) also produced outsized rounds in the period covered.
Most recent rounds
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Frequently asked
What are the largest recent rounds among Ar Riyad startups?
The five largest disclosed rounds in this dataset are Hala ($157M Series B, September 2025), Gathern ($72M Series B, August 2025), Lean Technologies ($68M Series B, November 2024), LADUN ($58M, February 2025), and Armah Sports ($48M, November 2024). All five are based in Riyadh and span fintech, internet services, AI, real estate, and sports.
Which sector has the most funding activity in Ar Riyad?
Financial services has the highest deal count in this dataset, with at least 10 companies — ranging from Snbla's $100K pre-seed in July 2025 to Hala's $157M Series B in September 2025. Artificial intelligence is the second most active vertical, with seven companies represented including three Series B deals above $30M each.
How prominent is AI investment in Riyadh right now?
Seven AI companies appear in the 50 most recent rounds. Three closed Series B rounds: Lean Technologies ($68M, November 2024), Lucidya ($30M, July 2025), and Salasa ($30M, August 2025). Earlier-stage AI deals include RasMal ($5M seed, February 2025), Wittify.ai ($2M pre-seed, July 2025), and Darwinz AI ($330K seed, June 2025), indicating continued pipeline formation.
What stage are most Ar Riyad startups raising at?
Seed and Pre-Seed rounds account for the majority of the 50 transactions shown. Disclosed Pre-Seed amounts range from $100K (Snbla) to $8M (Tuba), while Seed rounds mostly cluster between $1M and $7M. Series A and Series B deals are fewer but substantially larger, with Series B rounds in this dataset ranging from $30M to $157M.
Are there notable real estate raises in Ar Riyad recently?
Two real estate companies appear in this dataset: LADUN raised $58M in February 2025 and Rize closed a $35M Series A in January 2025, both headquartered in Riyadh. Both rounds fall under undisclosed or unknown series classifications for LADUN, while Rize's Series A is confirmed.
How wide is the date range covered for Ar Riyad funding rounds?
The most recent round in this dataset is Velents' $2M seed closed November 2025, and the earliest is Nabt app's $2M seed from October 2024 — roughly 13 months of activity. Activity appears consistent across the period, with multiple rounds closing each month from early 2025 onward.
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