Saudi Arabia secures $2.32B in 101 startup deals

Since the beginning of 2026 until the end of September, Saudi Arabia has recorded 101 investment and funding rounds for startups, totaling approximately $2.32 billion, according to the "Joula" platform. In September alone, 21 deals were announced with an estimated value of around $742 million, including the "Barq" round at $329.5 million and "Tabi" at $233 million, along with funding for companies such as "Fly Aqeed" and "Nayla Finance." These numbers represent the largest figures since the start of the year and highlight the increasing investments in the Kingdom's startup sector.

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