Saudi agritech startup Nabt has announced the closing of a $3.4 million seed extension round, bringing the company’s total funding to $5 million. The round was led by SHG Group, with previous backers, including Merak Capital and angel investors, continuing their support.
The funding will support the startup’s expansion into additional Saudi cities, broaden its product portfolio, and extend its national customer network. It will also strengthen operational infrastructure to improve farmer reach and supply stability, aligning with the Saudi Arabia’s food security agenda.
The announcement was made at a signing ceremony during the annual Sunbola programme event under Saudi Arabia’s Ministry of Environment, Water, and Agriculture (MEWA), marking the completion of the round. The ceremony was attended by Abdullah Alotaibi, CEO of Nabt, Ohman AlHokail, Co-founder and Managing Partner at Merak Capital and, Mohammed Al-Garafi, CEO of SHG Group.
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.
Nabt is developing physical and digital infrastructure for Saudi Arabia’s fresh produce sector to help farmers improve profitability and to enable businesses to access more reliable, higher-quality supply, while advancing the country’s food-security goals. The company aims to build a model that serves national needs and sets a benchmark for the wider region and the global market.
Supporting Producers and Businesses
Nabt’s operational warehouse hub functions as a fulfilment, sorting, and last-mile cold chain facility that connects farmers directly with commercial buyers through its recently launched Nabt Online Auction, designed to support large scale produce trading across the Kingdom.
Alongside the auction platform, Nabt Intel provides real time price and market demand intelligence to help farmers maximize crop value and to give businesses live access to market data for more informed and competitive decision-making.
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To support its fresh produce intelligence ecosystem, Nabt is also developing fulfilment centres across the country for sorting, grading, packaging, cold storage, and temperature-controlled logistics, with operations already running in Riyadh and additional hubs planned for other major cities. These centres are intended to help farmers deliver consistent quality at scale while enabling businesses to source fresh produce more reliably and efficiently.
Othman Alhokail, Founder and Managing Partner at Merak Capital, said the fresh-produce supply chain has long been affected by fragmentation and limited visibility, and that Nabt is addressing these gaps with a digital foundation that improves price discovery and gives farmers access to markets previously beyond reach. He added that this type of structural modernisation supports long-term productivity and strengthens the broader economy. Alhokail also acknowledged CEO Abdullah Alotaibi’s vision and roadmap for the company, noting that Merak Capital is committed to supporting Nabt as it continues to scale.
Evolving Fresh Produce Supply Chain
The funding round reflects confidence in Nabt’s potential to become a core infrastructure player in Saudi Arabia’s fresh produce supply chain. As the sector continues to expand and modernise, the company is positioning itself to support the country’s evolving produce economy by improving sustainability, enhancing efficiency, and contributing to national food-security efforts.
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 and that Saudi entrepreneurs have the ability to turn ambition into reality
The company is building an integrated network that digitises sourcing, strengthens cold-chain reliability, and reduces inefficiencies that have long challenged the region’s perishable goods sector. Its working model aligns closely with Saudi Arabia’s national food-security priorities, favouring solutions that cut waste, improve traceability, and stabilise supply.
The seed extension round indicates that investors see continued progress in Nabt’s approach, which combines operational capacity with a technology driven system suited to a modernising produce sector.
