- Nabt raised $3.4M led by SHG, bringing total funding to 19M SAR.
- Funding will build core tech infrastructure for Saudi Arabia’s fresh-produce sector.
- Investment targets three areas: distribution upgrades, digital auctions, and Nabt Intel.
Nabt has announced the close of its second investment round, raising $3.4 million, led by SHG with participation from Merak Capital. With this round, the company’s total funding now reaches 19 million SAR, marking a significant milestone in its mission to transform the fresh produce supply chain in Saudi Arabia.
A New Phase of Tech-Driven Food Supply
Nabt stated that the new investment will accelerate the development of its advanced technical infrastructure — a foundation that will support the Kingdom’s fast-growing fresh produce sector.
The company emphasized that improving efficiency, transparency, and operational capability is essential to strengthening Saudi Arabia’s food security, a national priority under Vision 2030.
How the Investment Will Be Used
According to Nabt, the newly raised capital will focus on three core initiatives:
Enhancing sorting, packing, and distribution centers to ensure higher quality and more efficient product handling.
Launching nationwide digital auctions and introducing a new model for competitive pricing and better market access.
Developing Nabt Intel, a data and pricing intelligence platform that supports farmers and retailers with informed, real-time decision-making.
Expanding Impact Across the Fresh Food Ecosystem
Nabt expressed appreciation to its partners, farmers, and customers, highlighting that this investment marks the beginning of a new growth phase.
The company is positioning itself as a key player in building an integrated ecosystem that connects agriculture, technology, and logistics — contributing directly to the future of food security in Saudi Arabia.
Top 3 Key Points (English)
1) Nabt raised $3.4M in its second investment round, led by SHG and Merak Capital, bringing total funding to 19M SAR.
2) The company will use the investment to build advanced tech infrastructure to improve efficiency, transparency, and food-security readiness across Saudi Arabia’s fresh-produce sector.
3) Funds will be allocated to three initiatives: upgrading sorting and distribution centers, launching digital auctions nationwide, and expanding the Nabt Intel data platform.
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