Saudi Agritech Startup Nabt Secures $3.4 Million to Scale Fresh-Produce Infrastructure Nationwide
Seed extension round led by SHG Group boosts Nabt’s total funding as it expands operations and digital tools across Saudi Arabia
Saudi agritech company Nabt has successfully raised three point four million dollars in a Seed Extension round, bringing its total funding to approximately five million dollars as it accelerates expansion of its fresh-produce supply chain infrastructure.
The injection of capital, led by SHG Group with participation from Merak Capital and several prominent angel investors, was formalised at an annual ceremony under the Kingdom’s Ministry of Environment, Water and Agriculture, reflecting strong investor confidence in the startup’s strategy.
This funding round reinforces Nabt’s mission to modernise the Kingdom’s agricultural ecosystem by bridging physical logistics with digital market solutions, enabling farmers to connect directly with commercial buyers and improving overall efficiency in produce distribution.
Founded in two thousand and twenty-two by Abdullah Al-Otaibi, Nabt has built an integrated platform combining warehouse fulfilment hubs, cold-chain logistics and data-driven digital tools such as an online auction marketplace and real-time market intelligence.
The fresh-produce infrastructure supports sorting, grading, packaging and temperature-controlled logistics, giving farmers greater access to consistent markets while helping businesses secure reliable, high-quality supplies.
The new funds will be used to expand Nabt’s fulfilment network beyond its Riyadh hub into additional Saudi cities, broaden its portfolio of fresh produce and grow its nationwide customer base.
Investor statements highlighted the strategic importance of Nabt’s work amid broader efforts to strengthen food security and supply-chain resilience in line with Saudi Vision 2030 objectives.
SHG Group emphasised its belief in local innovation and sustainable sector development, while Merak Capital underscored Nabt’s role in addressing fragmentation and enhancing transparency in the agricultural market.
The startup’s expansion plans and digital-physical hybrid model position it as a key player in the Kingdom’s evolving agritech landscape, with potential benchmarks for the wider region’s produce economy.
The injection of capital, led by SHG Group with participation from Merak Capital and several prominent angel investors, was formalised at an annual ceremony under the Kingdom’s Ministry of Environment, Water and Agriculture, reflecting strong investor confidence in the startup’s strategy.
This funding round reinforces Nabt’s mission to modernise the Kingdom’s agricultural ecosystem by bridging physical logistics with digital market solutions, enabling farmers to connect directly with commercial buyers and improving overall efficiency in produce distribution.
Founded in two thousand and twenty-two by Abdullah Al-Otaibi, Nabt has built an integrated platform combining warehouse fulfilment hubs, cold-chain logistics and data-driven digital tools such as an online auction marketplace and real-time market intelligence.
The fresh-produce infrastructure supports sorting, grading, packaging and temperature-controlled logistics, giving farmers greater access to consistent markets while helping businesses secure reliable, high-quality supplies.
The new funds will be used to expand Nabt’s fulfilment network beyond its Riyadh hub into additional Saudi cities, broaden its portfolio of fresh produce and grow its nationwide customer base.
Investor statements highlighted the strategic importance of Nabt’s work amid broader efforts to strengthen food security and supply-chain resilience in line with Saudi Vision 2030 objectives.
SHG Group emphasised its belief in local innovation and sustainable sector development, while Merak Capital underscored Nabt’s role in addressing fragmentation and enhancing transparency in the agricultural market.
The startup’s expansion plans and digital-physical hybrid model position it as a key player in the Kingdom’s evolving agritech landscape, with potential benchmarks for the wider region’s produce economy.
