{"id":115483,"date":"2026-05-15T16:24:21","date_gmt":"2026-05-15T16:24:21","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/115483\/"},"modified":"2026-05-15T16:24:21","modified_gmt":"2026-05-15T16:24:21","slug":"andreessen-horowitz-backs-saudi-startup-in-first-gulf-investment","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/115483\/","title":{"rendered":"Andreessen Horowitz Backs Saudi Startup in First Gulf Investment"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/3382804Z:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Andreessen Horowitz<\/a> is making its first investment in the Gulf with a fundraise for a Saudi startup, as investors continue to sign deals despite the US-Israel war on Iran. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">The venture capital firm is leading a $25 million Series A for the Riyadh-based enterprise software firm Stitch, and the proceeds will be used for product development and expansion across the region, according to an emailed statement. Existing investors <a href=\"https:\/\/www.arborventures.com\/about\" title=\"Click for web link.\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Arbor Ventures<\/a>, <a href=\"https:\/\/www.bloomberg.com\/quote\/1893850D:UH\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">COTU Ventures<\/a>, <a href=\"https:\/\/www.bloomberg.com\/quote\/1510380D:AB\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Raed Ventures<\/a> and <a href=\"https:\/\/svc.com.sa\/en\/about-us\/\" title=\"Link to website\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">SVC<\/a> also participated in the round. <\/p>\n","protected":false},"excerpt":{"rendered":"Andreessen Horowitz is making its first investment in the Gulf with a fundraise for a Saudi startup, as&hellip;\n","protected":false},"author":2,"featured_media":115484,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[26],"tags":[39787,39789,19355,328,34,39,28429,4553,36265,39788,36],"class_list":["post-115483","post","type-post","status-publish","format-standard","has-post-thumbnail","category-persian-gulf","tag-andreesson-horowitz-llc","tag-arbor-ventures","tag-banking","tag-business","tag-iran","tag-persian-gulf","tag-public-investment-fund","tag-software","tag-startups","tag-venture-capital","tag-war"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116579524151869534","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/115483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=115483"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/115483\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/115484"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=115483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=115483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=115483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}