Country comparison
Finland vs Saudi Arabia: startup funding compared
Since 4 June 2025, startups in Finland raised $2.1B across 64 rounds, 2.2 times Saudi Arabia's $976M.
Capital raised running total by month
Where the money goes share of capital by sector
Finland
Saudi Arabia
Biggest rounds
Saudi Arabia
Stage mix share of rounds
Most active investors rounds joined
| Investor | Finland | Saudi Arabia |
|---|---|---|
| Lifeline Ventures | 14 | · |
| Tesi | 7 | · |
| 500 Global | · | 5 |
| Antler | 5 | · |
| Impact46 | · | 5 |
| Business Finland | 4 | · |
| COTU Ventures | · | 4 |
| Merak Capital | · | 4 |
| byFounders | 3 | · |
| Cal Henderson | 3 | · |
| Greencode Ventures | 3 | · |
| Innovestor | 3 | · |
Startup hubs rounds and capital by city
Finland
Saudi Arabia
Latest rounds
Questions
Which country raised more startup funding, Finland or Saudi Arabia?
Finland. Since 4 June 2025, startups in Finland raised $2.1B across 64 rounds, against $976M across 42 rounds in Saudi Arabia, 2.2 times more. That is 0.3% and 0.1% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in Finland and Saudi Arabia?
64 rounds in Finland and 42 rounds in Saudi Arabia since 4 June 2025, about 4 and 2 a month.
Are startup rounds bigger in Finland or Saudi Arabia?
The median round is $4.5M in Finland and $3.5M in Saudi Arabia, and the average round $33.5M and $23.2M. The median shows the typical round; the average is pulled up by a few very large ones.
What is the biggest startup round in Finland?
The biggest startup rounds in Finland since 4 June 2025 are Oura ($900M, Series E, 14 Oct 2025), IQM Quantum Computers ($300M, Series B, 3 Sept 2025) and Verda ($189M, Series B, 22 Sept 2026).
What is the biggest startup round in Saudi Arabia?
The biggest startup rounds in Saudi Arabia since 4 June 2025 are barq ($330M, Series A, 15 Sept 2026), Ninja ($254M, Growth, 8 Jul 2025) and Gathern ($72.1M, Series B, 20 Aug 2025).
Which sectors attract the most startup funding in Finland and Saudi Arabia?
In Finland, Health ($914M, 43% of the capital), Robotics & Hardware ($496M, 23%) and AI ($449M, 21%) lead. In Saudi Arabia, Fintech ($485M, 50% of the capital), Consumer ($257M, 26%) and Enterprise software ($116M, 12%) lead.
Is Finland or Saudi Arabia better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 69% of rounds in Finland and 79% in Saudi Arabia. Finland recorded 36 Pre-Seed or Seed rounds and Saudi Arabia 24 Pre-Seed or Seed rounds, with a median of $3.1M and $1.7M.
How much growth funding (Series B and later) goes to Finland and Saudi Arabia?
Startups in Finland raised $1.6B in 5 Series B or later rounds, 74% of the country's capital. In Saudi Arabia, $132M in 3 rounds, 14% of the capital.
Who are the most active startup investors in Finland?
Lifeline Ventures (14 rounds, 9 led), Tesi (7 rounds, 1 led) and Antler (5 rounds, 2 led) are the most active investors in Finland.
Who are the most active startup investors in Saudi Arabia?
Impact46 (5 rounds, 3 led), 500 Global (5 rounds) and Merak Capital (4 rounds, 3 led) are the most active investors in Saudi Arabia.
Which investors back startups in both Finland and Saudi Arabia?
No investor in FundraiseBase joined rounds in both countries yet.
Which cities lead startup funding in Finland and Saudi Arabia?
Oulu leads Finland with $902M across 2 rounds, ahead of Helsinki ($561M). Riyadh leads Saudi Arabia with $920M across 27 rounds, ahead of Jeddah ($1.2M).
Which month brought the most startup funding?
In Finland, October 2025 ($900M). In Saudi Arabia, September 2026 ($364M).
How much did startups in Finland and Saudi Arabia raise in the last 90 days?
In the 90 days to 6 Nov 2026, startups in Finland raised $244M across 9 rounds and in Saudi Arabia $382M across 10 rounds.
Where does this data come from?
FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.