Riyadh, Saudi Arabia — Saudi Arabia retained the top spot across the Middle East and North Africa region in terms of Venture Capital (VC) funding in the first half of 2025, according to the “H1 2025 MENA Venture Investment Report”.
A total of $860 million was deployed during the period, surpassing the total VC funding of 2024 (full year). This achievement reflects the development the Kingdom is witnessing in various economic and financial sectors in light of the Saudi Vision 2030 and its goals to strengthen the national economy.
According to the report published today by the venture data platform MAGNiTT, the Kingdom captured the highest share of total VC funding in the MENA region in H1 2025, accounting for 56 percent of the total capital deployed in the region.
The report also revealed that Saudi Arabia achieved a record number of 114 VC deals for the first half of 2025. This achievement confirms the attractiveness of the Saudi market, enhances its competitive environment, and consolidates the Kingdom’s economic strength as the largest in the MENA region.
CEO and Board Member at Saudi Venture Capital (SVC) Dr. Nabeel Koshak commented: “The Kingdom’s leading position in the VC scene in the region comes as a result of many governmental initiatives launched to stimulate the VC and startups ecosystem within the Saudi Vision 2030 programs. We at SVC are committed to continuing to lead the development of the ecosystem by stimulating private investors to provide support for startups and SMEs to be capable of fast and high growth, leading to diversifying the national economy and achieving the goals of the Saudi Vision 2030.”