Nabt raised $1.5M in a seed funding round led by Merak Capital to accelerate product development and expand market reach.
Amount Raised
$1.5 Million
Round Type
Seed
RiyadhFood and BeverageMarketplaceFarmingInvestors
Description
Nabt, a Saudi agritech startup, secured $1.5 million in seed funding to enhance its B2B marketplace connecting farmers with businesses. The investment, led by Merak Capital, aims to promote efficiency and transparency in the supply chain, supporting Saudi Arabia's food security and Vision 2030 objectives.
Quick answer
Nabt raised $1.5 Million in a Seed round, dated October 29, 2024. Investors: Merak Capital. Nabt is based in Riyadh, Riyadh Region, Saudi Arabia.
- How much did Nabt raise?
- Nabt raised $1.5 Million in a Seed round on October 29, 2024.
- Who invested in Nabt?
- Merak Capital is named as investors in this round.
- What does Nabt do?
- Nabt is B2B marketplace that connects wholesale and retail businesses to farmers & suppliers directly with the best prices across Saudi Arabia with a promise of delivering your order from the farm directly within 12..
- Where is Nabt based and how big is it?
- Nabt is based in Riyadh, Riyadh Region, Saudi Arabia.
- Who are the decision-makers at Nabt?
- Fundz holds 1 contact at Nabt, including the Chief Strategy Officer (CSO). Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Food and Beverage and Marketplace around the same time
Companies in the same sectors as Nabt that raised within 45 days of this round, from Fundz verified event records.
- Doodhvale Farms raised $3M (Series A) on November 20, 2024.
- Foodsi raised $1.3M (Seed) on October 29, 2024.
- Permanent Agriculture raised $3.7M (Seed) on October 2, 2024.
- Cayena raised $55M (Series B) on September 20, 2024.
- Condado Tacos raised $15M on December 13, 2024.
- Tractor Beverages raised $4.5M on December 13, 2024.
Who to call at Nabt, and when
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- An alert the day Nabt raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nabt, from your own LinkedIn network
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Related People
Nabt 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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