AI-powered logistics platform targets wider Gulf market

Saudi logistics technology startup Sirdab has raised $10 million in Series A funding in a round co-led by PIF-backed Elm and BECO Capital.

The company plans to use the funding to expand its warehousing and transportation network across Saudi Arabia and the wider GCC.

Sirdab is also developing AI-powered logistics tools, reflecting the growing use of artificial intelligence to improve supply-chain management, warehousing and transportation efficiency.

The investment highlights the increasing appetite for technology-enabled logistics businesses as GCC countries expand trade, e-commerce and regional supply chains.