---
title: "Saudi Tech Startups: News & Funding"
url: "https://cicadaconsultancy.online/en/topics/startups"
language: "en"
---

# Saudi Tech Startups: News & Funding

The Saudi founders building with AI and data, the rounds that fund them and the investors backing one of the region's fastest-growing venture markets.

- 2026-07 — [Saudi startups raise $93.5m in July 2026; UAE takes 96.8% of regional funding](https://cicadaconsultancy.online/en/news/saudi-startup-funding-h1-july-2026)
- 2026-05-16 — [a16z leads $25m Series A in Saudi fintech Stitch, reportedly its first Gulf bet](https://cicadaconsultancy.online/en/news/a16z-first-gcc-bet-stitch-2026)
- 2026-01 — [Saudi Arabia leads Middle East VC in 2025 with $1.72bn, per MAGNiTT](https://cicadaconsultancy.online/en/news/saudi-vc-record-2025-magnitt)
- 2025-07-15 — [Lucidya raises $30m Series B, which it calls Saudi Arabia's largest AI round](https://cicadaconsultancy.online/en/news/lucidya-series-b-30m-2025)
- 2024-11-13 — [Lean Technologies raises $67.5m Series B led by General Catalyst](https://cicadaconsultancy.online/en/news/lean-series-b-2024)
- 2024-07-30 — [Intelmatix raises $20m Series A for EDIX decision-intelligence platform](https://cicadaconsultancy.online/en/news/intelmatix-series-a-2024)
- 2024-03-04 — [Salla raises $130m pre-IPO round led by Investcorp and Sanabil](https://cicadaconsultancy.online/en/news/salla-pre-ipo-130m-2024)
- 2023-12-18 — [Tamara raises $340m Series C, becomes Saudi fintech unicorn](https://cicadaconsultancy.online/en/news/tamara-series-c-unicorn-2023)
- 2022-08-22 — [Tamara raises $100m Series B led by Sanabil](https://cicadaconsultancy.online/en/news/tamara-series-b-2022)
- 2022-04-20 — [Foodics raises $170m Series C led by Prosus and Sanabil](https://cicadaconsultancy.online/en/news/foodics-series-c-2022)
- 2022-02-04 — [Saudi AI firm Mozn raises $10m Series A led by Raed Ventures](https://cicadaconsultancy.online/en/news/mozn-series-a-2022)

---

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