Via Arjun Vir Singh in linkedin.com: Despite a sharp 44% dip in total funding, Saudi startups pulled in $750 million this year. The dip comes down to a lack of mega deals (those over $100 million). These large funding rounds were behind much of the total capital in recent years, so the absence of mega deals in 2024 weighed heavily on the numbers. The number of deals hit a historic high—178 transactions, up 16% from last year. Early-stage funding led the way, with SEED funding surging 64% and Series A deals growing 30%.
