Funding & VC News

• Saudi fintech funding is concentrated in lending, and the cheques are getting structural
• Saudi startups can raise. The open question is how they get out
• An announced fund size is not money a startup can raise
• The Saudi rounds announced at LEAP went to revenue, not to frontier AI
• Abu Dhabi's Azraq raises a pre-seed round to price data-centre risk for lenders
• One investor was behind three of the Saudi rounds announced at LEAP, and mostly in companies it already owned
• A Saudi fund and a Seoul venture firm are building a two-way channel for deep tech
• LEAP announced $15bn in a half-year that brought Saudi startups $219m, and both numbers are right