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Autobia secures $12M in Series A funding to expand its operations across Saudi Arabia. The round was led by Artal Capital, with support from AlJazira Capital and Wa’ed Ventures.
Amount Raised
$12 Million
Round Type
Series A
Investors
Description
Autobia, an automotive spare parts platform based in Saudi Arabia, has raised $12 million in Series A funding. This investment will help the company accelerate its expansion throughout the Kingdom. The funds will improve logistics, pricing technologies, and payment solutions. Autobia was founded in 2021 and connects retailers with suppliers through a B2B platform.
Fundz sees it the moment Autobia raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Funding Insights
What this usually meansAutobia raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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