Plus VC Targets 40 Startup Deals in 2026 as Saudi Pipeline Grows
PositiveTechnology

- Early-stage investor Plus VC has announced plans to fund over 40 startups in Saudi Arabia by 2026, reflecting the country's growing status as a regional venture capital hub. This initiative aligns with Saudi Arabia's broader economic transformation and its efforts to diversify its economy beyond oil dependency.
- The expansion of Plus VC's investment strategy is significant as it underscores the increasing interest in Saudi Arabia as a fertile ground for innovation and entrepreneurship. This move could attract more international investors and startups to the region.
- This development is part of a larger trend where Saudi Arabia is positioning itself as a leader in technology and artificial intelligence, with various firms actively seeking partnerships and investments in these sectors. The kingdom's oil wealth is being redirected towards building a robust tech ecosystem, which is crucial for its long-term economic sustainability.
— via World Pulse Now AI Editorial System







