Three Trends To Watch In Saudi Arabia’s Startup Ecosystem – Entrepreneur

Three Trends To Watch In Saudi Arabia’s Startup Ecosystem – Entrepreneur

We asked key stakeholders in the KSA -including venture capitalists (VCs), startup founders, accelerators, incubators and angel investors- the question: "What future trends can we expect out of Saudi Arabia's startup ecosystem?"

Here is what they told us:

1. More Saudi startups are reaching the later growth stages, looking for Series B funding Many VCs are looking to fund growth stage funds to support their existing portfolio of startups, and meet this growing demand in the Kingdom. At present, some fast-paced Saudi startups in later growth stages are going to international VCs for support, garnering support from the likes of Softbank and Sequoia.