Venture capital investment in Saudi Arabia more than doubled in H1 2025, reaching an impressive SAR 3.2 billion (~USD 830 million)—already exceeding last year’s total. The kingdom captured 56% of MENA’s VC deals (114 in total), with e‑commerce raising $306 million and fintech leading the deal volume at 30 deals. Notably, Ninja and Xpanceo each secured $250 million, joining the Gulf unicorn club.

Source: AGBI