Saudi Arabia’s startup market is witnessing one of the biggest growth in the region.

In line with Vision 2030, governmental initiatives and entrepreneurial-friendly regulations have facilitated the deployment of a favorable environment for startups. In fact, compared to last year alone, the amount of funding has doubled in Saudi. According to STV’s Insights report, Saudi investments could go up to $500 million in 2025. What type of opportunities are investors looking for in the Saudi market? How does the market facilitate scale-ups? When do we expect to see more later-stage funding? What is needed for the market to mature? How to channel the ecosystem in order to reach that stage? What is the role that VC firms play in paving the way towards it?