Nabt, the Saudi agritech startup modernizing the Kingdom’s fresh-produce ecosystem, has announced the closing of a $3.4 million Seed Extension round. The investment brings the company’s total funding to $5 million (SAR 18.8 million) and was led by SHG Group, with continued participation from Merak Capital and a number of angel investors.
The announcement was made during a signing ceremony at the annual Sunbola program event, held under the patronage of Saudi Arabia’s Ministry of Environment, Water, and Agriculture (MEWA).
Modernizing a Fragmented Supply Chain
Nabt is building the foundational physical and digital infrastructure for Saudi Arabia’s fresh-produce sector. The company aims to enable farmers to improve profitability while helping businesses secure a consistent and high-quality supply of produce, directly supporting the Kingdom’s food security ambitions.
From its operational warehouse hub in Riyadh, Nabt manages fulfillment, sorting, and last-mile cold-chain logistics to connect farmers directly with commercial buyers. The company is also establishing a network of fulfillment centers across the country, equipped for sorting, grading, packaging, and cold storage to help farmers deliver consistent quality at scale.
Data-Driven Farming and Trading
Alongside its physical operations, Nabt has developed digital tools to enhance market transparency and efficiency. The recently launched Nabt Online Auction platform facilitates large-scale produce trading across the Kingdom, giving farmers wider market access.
Complementing the auction platform is Nabt Intel, a service that delivers real-time price and market-demand intelligence. This empowers farmers to maximize crop value and gives businesses live market data to make smarter purchasing decisions.
Fueling National Expansion and Food Security
The new capital will be used to support Nabt’s expansion into additional Saudi cities, broaden its fresh-produce portfolio, and grow its nationwide customer network. This will reinforce its operational infrastructure and increase market access for farmers across the Kingdom.
Abdullah Alotaibi, Founder & CEO of Nabt, said: “In just two years, Nabt has proven that building transparent and efficient infrastructure for fresh produce is not only possible, but essential. Our vision aligns with Saudi Arabia’s Vision 2030 – empowering farmers, strengthening food security, and building lasting infrastructure for sustainable agriculture. With this investment, we’re scaling that vision beyond borders, developing a model that not only serves the Kingdom but sets a benchmark for the wider region and global markets.”
Mohammed Al Garafi, Founder & Chairman of SHG Group, stated: “Nabt represents a pioneering Saudi model that bridges technology with agricultural production, offering integrated solutions that enhance food security and elevate supply-chain efficiency. Our support for Nabt reflects our belief that local innovation is the cornerstone of building sustainable and globally competitive sectors.”
Othman Alhokail, Founder and Managing Partner at Merak Capital, commented: “The fresh produce supply chain has long been constrained by fragmentation and limited visibility. Nabt is addressing these gaps with a digital foundation, improving price discovery, and giving farmers direct access to markets that were previously out of reach. This is the kind of structural modernization that creates lasting productivity gains and strengthens the broader economy.”
About Nabt
Nabt is a Saudi agritech company building physical and digital infrastructure that connects farmers directly with businesses, creating transparent, tech-driven trade in fresh produce. Through its B2B platform, online auction solutions, fulfilment centers, and market intelligence tools, Nabt empowers farmers to access wider markets, operate more profitably, and contribute to a stronger and more resilient agricultural ecosystem in Saudi Arabia.
About SHG Group
SHG is a leading national investment and operating group that empowers strategic sectors through high-impact investments and value-driven partnerships, supporting Saudi Arabia’s economic growth and advancing Vision 2030 objectives.
About Merak Capital
Merak Capital is a Saudi-based multi-strategy investment firm focused on opportunities across multiple stages and industries. Built on deep technological insight and market research, Merak stays at the forefront of digital trends, identifying investments aligned with adoption cycles across sectors locally, regionally, and globally.
Source: Zawya
