Key Takeaways
- Nabt raised a USD 3.4 million Seed Extension round, bringing total funding to USD 5 million.
- The round was led by SHG with participation from existing investor Merak Capital.
- Funding will support expansion of Nabt’s fulfillment network beyond Riyadh into major Saudi cities.
- The company operates a hybrid model combining physical logistics with digital trading platforms.
- The company aims to improve market access, transparency, and efficiency for Saudi farmers.
Nabt Funding Round Supports Expansion of Fresh-Produce Infrastructure
Nabt, a Saudi Arabia–based agri-commerce platform, has raised USD 3.4 million in a Seed Extension round, bringing its total funding to USD 5 million. The round was led by SHG and supported by existing investor Merak Capital, which reaffirmed its commitment to the company as Nabt continues to scale its operations across the Kingdom.
Founded in 2022 by Abdullah Alotaibi, Nabt focuses on building what it describes as Saudi Arabia’s first integrated fresh-produce infrastructure. The company connects farmers directly with commercial buyers through a hybrid model that combines physical fulfillment assets with digital trading tools.
Merak Capital stated that the latest investment reflects confidence in Nabt’s strategy to enhance efficiency, transparency, and market access within the fresh-produce value chain, a sector viewed as increasingly important to national food security objectives.
