---
title: "Saudi startups raise $93.5m in July 2026; UAE takes 96.8% of regional funding"
url: "https://cicadaconsultancy.online/en/news/saudi-startup-funding-h1-july-2026"
language: "en"
event_date: "2026-07"
published: "2026-10-03"
last_verified: "2026-10-03"
category: "Startups"
publisher: "Cicada (cicadaconsultancy.online)"
license: "CC BY 4.0"
---

# Saudi startups raise $93.5m in July 2026; UAE takes 96.8% of regional funding

- Event date: July 2026 (2026-07)
- Topic: Startups
- In this story: MAGNiTT, Wamda, Saudi Arabia
- URL: https://cicadaconsultancy.online/en/news/saudi-startup-funding-h1-july-2026

entArabi's monthly investment report put Saudi startup funding at $93.5 million across seven deals (five disclosed) in July 2026, or 2.8% of regional funding. The deals spanned fintech, gaming, insurtech, AI, agritech and hospitality technology. The UAE took 96.8% of regional funding ($3.02 billion) in a month dominated by a near-$3 billion AI round for China's Kling AI led by UAE-based BlueFive Capital.

## Key figures

- Saudi funding July 2026: $93.5 m
- Saudi deals July 2026: 7

## Sources

1. [Startup Investments Reach $3.3 Billion in July 2026 as UAE Leads AI Funding and Saudi Arabia Diversifies Deal Activity](https://entarabi.com/en/2026/08/startup-investments-reach-3-3-billion-in-july-2026-as-uae-leads-ai-funding-and-saudi-arabia-diversifies-deal-activity/) — Entarabi, 2026-08-05

Archive report. Written in 2026 from contemporary sources and dated to the day the event happened.

---

Cicada · The signal in Saudi AI.
License: CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/) · Full archive for language models: https://cicadaconsultancy.online/llms-full.txt