Saudi Arabia’s startup ecosystem saw notable growth in October 2024, with $69.7 million raised by 13 startups across high-growth sectors like AI, Proptech, and F&B SaaS, aligning closely with Vision 2030 objectives. The B2B model led funding, supported by diverse investors including BECO Capital, Vision Ventures, and Alinma Bank. Early-stage funding for pre-seed to Series A startups reflects a focus on innovation, while recent startups from 2022-2024 gained strong investor interest, pointing to a dynamic, innovation-driven ecosystem. Request the full report for detailed insights on sector trends, business models, and investor impact shaping Saudi Arabia’s startup success.
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