H1 2021 Saudi Arabia Venture Capital Report – Highlights

•   Year-over-year, VC Funding in KSA increased by 65% in H1 2021

•   KSA witnessed record levels of half-yearly capital raised in H1 2021, accounting for 14% of VC funding across MENA

•   KSA surpassed Egypt to rank second by share of total MENA funding, while accounting for 22% of the region’s VC transactions

•   In H1 2021, every fourth deal in KSA was closed by a Fintech startup, while E-commerce saw a 54% decline in capital

•   Together, Fintech and Food & Beverage startups accounted for 44% of capital deployed in the country in the half-year

•   Almost three-fourth of investors that backed Saudi-based startups in H1 2021 were based within the country

This report was created with data from MAGNiTT, which is a comprehensive directory of emerging tech and new business strategies through tools like:

•   Investment directories, a comprehensive list of all startup venture funding across the Middle East, North Africa, Pakistan and Turkey
•   Market sizing tools to visualize investment growth and trends across industries, geographies and stage
•   Startup resources including a deal flow tool for applications to leading Venture Capitalists for investment
•   Exit comparisons, looking at Mergers & Acquisitions from across the region

Keep the region's latest venture data on your fingertips. Access our interactive data charts on Emerging Venture Markets