Saudi startup funding continues to rise as investors pour capital into emerging businesses across the Middle East and North Africa. Startups in the region are securing major deals to scale operations and achieve wider market reach. This trend reflects the growing confidence of both regional and international investors in Saudi Arabia’s entrepreneurial ecosystem.
A new report highlights the Kingdom’s leadership in MENA’s funding landscape. Startups based in Saudi Arabia attracted $860 million during the first half of the year. This marks a 116 percent jump from the previous year. The number of deals also grew significantly, with 114 transactions recorded—a 31 percent increase over the same period. Sovereign initiatives and foreign investments contributed heavily to this robust growth.
One notable success is Wittify.ai, a Riyadh-based conversational AI startup. The company secured $1.5 million in a pre-seed funding round from a syndicate of Saudi angel investors. Wittify.ai plans to use the funds to accelerate product development and expand its regional operations.
Wittify.ai specializes in Arabic-first artificial intelligence solutions. Its interactive AI agents can listen, act, and integrate seamlessly across various platforms. The firm aims to redefine customer engagement by providing human-like AI designed specifically for Arabic-speaking users. “We’re creating transformative AI tools to improve business interactions and customer experiences in the region,” the company stated.
However, this surge in Saudi startup funding demonstrates the country’s commitment to building a thriving innovation-driven economy. Key sectors like technology, fintech, and artificial intelligence continue attracting significant attention from investors. Regional startups are also appealing to international backers eager to gain exposure in MENA markets.
Saudi Arabia’s Vision 2030 plays a vital role in supporting this momentum. The strategy focuses on economic diversification, with a strong emphasis on entrepreneurship and technological advancement. As more startups secure capital, the Kingdom strengthens its position as a regional hub for innovation and business development.
Furthermore, the recent wave of funding also points to a maturing ecosystem where startups can access resources, mentorship, and networks to grow. Increased investor interest indicates a promising future for emerging companies seeking to disrupt industries and deliver innovative solutions.
Nevertheless, by fostering entrepreneurship and attracting global investments, Saudi Arabia is setting the stage for sustained economic transformation. This trend supports job creation, advances digital innovation, and reinforces the Kingdom’s role in shaping the region’s technological future.
