Funded Artificial Intelligence Startups in Saudi Arabia
Among the 25 most recent funding rounds for AI startups in Saudi Arabia, Riyadh accounts for 21 of the companies listed.
Among the 25 most recent funding rounds for AI startups in Saudi Arabia, Riyadh accounts for 21 of the companies listed. Series B deals from Salasa ($30M, August 2025), Lucidya ($30M, July 2025), and Lean Technologies ($68M, November 2024) mark three mid-stage closes of $30M or more since mid-2024. The two largest rounds in the dataset are Foodics at $170M (Series C, April 2022) and Sary at $75M (Series C, December 2021), both Riyadh-based.
Early-stage activity runs alongside those larger closes: 2025 entries include a $5M Seed for RasMal (February), a $2M Pre-Seed for Wittify.ai (July), and a $330K Seed for Darwinz AI (June). Outside Riyadh, Dammam contributes two companies — Lahint Company and Perfect Vision — and Jeddah one: Quantum Platform ($7M Seed, October 2024). Three rounds carry undisclosed amounts: Thakaa Med (2025), Sadeem Technology (2024), and Omniful (2023).
Most recent rounds
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Frequently asked
What are the largest disclosed funding rounds among Saudi AI startups in this dataset?
Foodics leads at $170M (Series C, April 2022), followed by Sary at $75M (Series C, December 2021) and Lean Technologies at $68M (Series B, November 2024). Noon - The Social Learning Platform raised $41M in a Series B in November 2023, and both HyperPay and Master Works closed $40M rounds in early 2022 via a Corporate Round and Private Equity, respectively.
Which city dominates AI startup funding in Saudi Arabia?
Riyadh accounts for 21 of the 25 companies listed, spanning every stage from Pre-Seed through Series C. The remaining four are split across Dammam (Lahint Company, Perfect Vision), Jeddah (Quantum Platform), and Thuwal (Sadeem Technology).
How active has 2025 been for Saudi AI startup funding?
Seven rounds in the dataset are dated to 2025, ranging from Darwinz AI's $330K Seed in June to back-to-back $30M Series B closes from Lucidya (July 14) and Salasa (August 4). February 2025 alone saw two deals: RasMal's $5M Seed and Lahint Company's $1M Pre-Seed, indicating broad stage coverage early in the year.
How are round stages distributed across the dataset?
Series B deals — Salasa, Lucidya, Lean Technologies, and Noon — range from $30M to $68M. Seed rounds from RasMal, Quantum Platform, and DailyMealz cluster between $5M and $7M. Series A rounds from Intelmatix, Hakbah, ELEVATUS, and Mozn fall between $5M and $20M. Three companies — Thakaa Med, Sadeem Technology, and Omniful — did not disclose round sizes.
Do any Saudi AI startups in this dataset show corporate or private equity backing?
Two companies raised outside traditional venture structures: HyperPay closed a $40M Corporate Round in May 2022, and Master Works closed a $40M Private Equity round in March 2022. Both are Riyadh-based and closed within roughly two months of each other.
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