Venture Capital

Saudi Arabia Leads MENA's Venture Capital Scene in 2024

Shurouk Kassas
April 3, 2025
Min Read

Saudi Arabia Leads MENA's Venture Capital Scene in 2024

MAGNITT's latest report sponsored by SVC highlights Saudi Arabia's remarkable strides in becoming a leading hub for entrepreneurship, driven by the Kingdom's ambitious Vision 2030.

With $750M raised across 178 deals, Saudi Arabia captured 40% of MENA's total capital deployed, cementing its position as the region's most-funded country for the second year in a row.

From record-breaking investments to global investor interest, Saudi startups are transforming industries and setting new benchmarks in innovation and growth. 

This progress underscores the nation's commitment to fostering a thriving entrepreneurial ecosystem and solidifying its position on the global stage.

Share this Article