Vision 2030

Saudi Arabia Vision 2030 and related initiatives

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Vision 2030 Robotics & Automation

PIF-backed Lucid Motors cuts 800 jobs to turn profitable

Lucid Motors, the California electric vehicle maker backed by Saudi Arabia's Public Investment Fund, laid off roughly 800 salaried employees on Friday

MoFeb 202 min read

FintechFintech

Saudi fintech Madfu bags $25.5M to accelerate BNPL growth

Saudi BNPL startup Madfu has raised $25.5 million to expand its fintech footprint across the Kingdom, accelerating growth in digital payments and consumer finance under Vision 2030.

RazaFeb 162 min read

Saudi fintech Madfu bags $25.5M to accelerate BNPL growth

Funding & VCE-commerce

Saudi Trade Platform MUHIDE Closes Series A Backed by Asyad Group

Saudi Arabia's B2B trade platform MUHIDE has closed its Series A funding round with backing from Oman's Asyad Group to scale its digital commerce infrastructure.

MoFeb 72 min read

Funding & VCGaming & Entertainment

Saudi Media Firm Mersal Capital Closes $1.3 Million First Round

Riyadh-based media and content company Mersal Capital has closed a $1.3 million first funding round to scale its digital media operations across Saudi Arabia.

MoFeb 72 min read

Funding & VCLogistics & Supply Chain

Saudi Fleet Startup VieroSaudi Fleet Startup Viero Raises $1.2 Million for Logistics Platform

Saudi Arabia's Viero has closed a $1.2 million seed round to scale its fleet management and logistics optimization platform across the Kingdom.

MoFeb 72 min read

NewsLogistics & Supply Chain

Saudi Arabia accelerates advanced manufacturing and logistics with WAM Saudi 2026

WAM Saudi 2026 brings together global innovators, investors, and policymakers as Saudi Arabia accelerates its journey to become a global manufacturing hub under Vision 2030.

RazaFeb 22 min read

Saudi Arabia accelerates advanced manufacturing and logistics with WAM Saudi 2026

TechnologySeed Funding

Saudi deep tech Startup GBT raises $1.3M for Geospatial AI growth

Saudi startup GulfBoost Technology secures $1.3 million in pre seed funding to expand its geospatial AI platform, targeting infrastructure and urban planning applications across the Kingdom.

MoJan 222 min read

Saudi deep tech Startup GBT raises $1.3M for Geospatial AI growth

TechnologySeed Funding

Seed funding of SAR 19 Million fuels Grove Saudi Arabia’s expansion in Agri Tech

Saudi agri tech startup Grove Saudi Arabia has raised SAR 19 million (around $5.1 million) in a seed funding round to scale its controlled environment and vertical farming operations, supporting local food production and sustainability goals under Saudi Vision 2030.

RazaJan 192 min read

Seed funding of SAR 19 Million fuels Grove Saudi Arabia’s expansion in Agri Tech

TechnologyArtificial Intelligence

Saudi’s Madeed raises $400K in pre seed round

Saudi preventive health startup Madeed has raised $400,000 in a pre seed round led by Vision Ventures to scale its AI driven digital health platform, as early stage capital continues to support healthcare transformation priorities under Vision 2030.

RazaJan 132 min read

Saudi’s Madeed raises $400K in pre seed round

Funding & VCCybersecurity

Saudi’s DSShield advances its Cybersecurity footprint with strategic Growth push

Saudi cybersecurity company DSShield raises $54 million to build a national cybersecurity platform supporting the Kingdom’s digital infrastructure and security priorities.

RazaDec 312 min read

Saudi’s DSShield advances its Cybersecurity footprint with strategic Growth push

EventsArtificial Intelligence

Saudi Arabia positions itself as global hub for AI and data innovation

Saudi Arabia’s Future Investment Initiative 9 highlights over US$250 billion in deals and major AI infrastructure partnerships, including HUMAIN–AirTrunk and Qualcomm collaborations, reinforcing the Kingdom’s Vision 2030 goal to become a global hub for artificial intelligence, data, and digital transformation.

Emily CarterOct 282 min read

Saudi Arabia positions itself as global hub for AI and data innovation

NewsArtificial Intelligence

Aramco strengthens digital portfolio with HUMAIN investment, combining AI efforts with PIF

Saudi Aramco signs agreement with PIF to acquire a significant minority stake in HUMAIN, consolidating Saudi Arabia’s AI capabilities to advance Vision 2030 and position the Kingdom as a global hub for artificial intelligence and digital innovation.

Emily CarterOct 282 min read

Aramco strengthens digital portfolio with HUMAIN investment, combining AI efforts with PIF

TechnologyArtificial Intelligence

Saudi Arabia’s HUMAIN and Blackstone’s AirTrunk form US$3 B data-centre alliance

HUMAIN, the AI company owned by Saudi Arabia’s PIF, and AirTrunk, backed by Blackstone and CPP Investments, have entered a strategic US$3 billion partnership to develop a hyperscale data-centre campus in the Kingdom of Saudi Arabia, marking AirTrunk’s entry into the Middle East and supporting the country’s AI-driven economy ambitions.

Emily CarterOct 282 min read

Saudi Arabia’s HUMAIN and Blackstone’s AirTrunk form US$3 B data-centre alliance

EventsStartup Ecosystem

Entrepreneurship Vision hosts fifth edition of entrepreneurial meetings alongside FII9

HRH Prince Fahad bin Mansour led the fifth Entrepreneurial Meetings at FII9 in Riyadh, joined by NTDP CEO Ibrahim Neyaz, MISA, and 500 Global leaders to advance Saudi entrepreneurship under Vision 2030.

James WhitemoreOct 282 min read

Entrepreneurship Vision hosts fifth edition of entrepreneurial meetings alongside FII9

Funding & VCStartup Ecosystem

Pakistani startup COLABS expands to Riyadh with Waseel Partners Investments

Pakistan’s COLABS partners with Waseel Partners Investments to open its first international flagship centre in Riyadh under Saudi Arabia’s Vision 2030.

James WhitemoreOct 262 min read

Pakistani startup COLABS expands to Riyadh with Waseel Partners Investments

PowerlistStartup Ecosystem

Will Riyadh’s Biban 2025 turn ambition into execution?

Biban 2025 opens in Riyadh on November 5 with 10,000 investment opportunities and 100 brands, testing whether Saudi Arabia’s startup ecosystem can move from ambition to independence.

James WhitemoreOct 232 min read

Will Riyadh’s Biban 2025 turn ambition into execution?

TechnologyDigital Transformation

Vision 2030 pushes Saudi Arabia to new heights in financial inclusion

Saudi Arabia retained its 30th spot in the Global Financial Inclusion Index 2025, with major gains in digital payments, financial reforms, and employer support.

James WhitemoreOct 222 min read

Vision 2030 pushes Saudi Arabia to new heights in financial inclusion

Funding & VCSaudi Arabia

Qashio strengthens GCC presence with purchase of Saudi firm Sanad Cash

UAE-based fintech Qashio has acquired Saudi platform Sanad Cash to accelerate its expansion in the Kingdom’s fast-growing cashless economy under Vision 2030.

James WhitemoreOct 212 min read

Qashio strengthens GCC presence with purchase of Saudi firm Sanad Cash

TechnologyVenture Capital

Madinah’s tech awakening from holy city to startup Hub

Madinah’s startup scene is taking shape through KEC, new venture funds, and local founders driving Saudi Arabia’s Vision 2030 innovation goals.

James WhitemoreOct 192 min read

Madinah’s tech awakening from holy city to startup Hub

EventsStartup Ecosystem

Saudi Institutions unite to power $10 Billion in Entrepreneurial financing at Biban 2025

The Biban Forum 2025 concluded with over USD 10 billion in financing deals, as Saudi Arabia deepens its push to become a global hub for entrepreneurship and SMEs.

RazaOct 112 min read

Saudi Institutions unite to power $10 Billion in Entrepreneurial financing at Biban 2025

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Saudi Arabia113 Artificial Intelligence78 Startup Ecosystem69 Gulf Region63 Seed Funding57 UAE49 Digital Transformation47 Series A+46 Corporate Innovation43 Fintech40 Venture Capital38 Events & Conferences35