FundedIQ
Information Technology

Near Motion: Funding, Investors & Team (Sep 2026)

Near Motion is an advanced technology company established in partnership with Saudi Aramco Entrepreneurship Ventures.

nearmotion.com LinkedIn Al Khobar, Saudi Arabia 11-50 employees
Total raised
$100k
Rounds
1
Latest
Undisclosed round
May 2021

Near Motion has raised $100k across 1 funding round on record, the most recent an undisclosed round of $100k announced in May 2021.

That round is below the $6.0M median round size for Information Technology companies tracked on FundedIQ over the last two years.

Near Motion Company Profile and Key Stats

Total funding raised
$100k
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$100k in May 2021
Employees
11-50
reported band
Headquarters
Al Khobar, Saudi Arabia

Latest funding round on record: May 2021.

Near Motion Funding Rounds

Date
Round
Amount
Undisclosed round
$100k

Near Motion Founders and Leadership Team

Name
Role
Contact
Faisal Alferdos
CEO
Locked

Contact details for the Near Motion team: 1 of 1 has an email address on file.

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Near Motion Funding Compared to Other Information Technology Startups

Segment
Companies
Median round

Near Motion's latest round of $100k is below the median round in Information Technology. Medians cover the last 24 months of disclosed rounds.

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Near Motion Funding FAQs

What does Near Motion do?

Near Motion is an advanced technology company established in partnership with Saudi Aramco Entrepreneurship Ventures.

How much funding has Near Motion raised?

Near Motion has raised $100k across 1 round on record. The most recent is an undisclosed round of $100k announced in May 2021.

When did Near Motion last raise funding?

Near Motion's most recent funding round on record is an undisclosed round of $100k, announced in May 2021.

Who is the CEO of Near Motion?

Faisal Alferdos is listed as CEO at Near Motion.

Where is Near Motion headquartered?

Near Motion is based in Al Khobar, Ash Sharqiyah, Saudi Arabia.

How many employees does Near Motion have?

Near Motion is in the 11-50 employee band.

How does Near Motion's funding compare to other Information Technology startups?

Near Motion's latest round of $100k is below the $6.0M median round size for Information Technology companies on FundedIQ across 3,144 tracked companies over the last two years.

About FundedIQ's Near Motion Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Near Motion is left off this page rather than filled in.

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