Country comparison
Mexico vs Saudi Arabia: startup funding compared
Since 5 June 2025, startups in Mexico raised $1.3B across 23 rounds, 1.3 times Saudi Arabia's $976M.
Capital raised running total by month
Where the money goes share of capital by sector
Mexico
Saudi Arabia
Biggest rounds
Saudi Arabia
Stage mix share of rounds
Most active investors rounds joined
| Investor | Mexico | Saudi Arabia |
|---|---|---|
| 500 Global | · | 5 |
| Impact46 | · | 5 |
| COTU Ventures | · | 4 |
| Merak Capital | · | 4 |
| Andreessen Horowitz | 2 | 1 |
| Outliers VC | · | 3 |
| Rua Growth Fund | · | 3 |
| Aljazira Capital | · | 2 |
| Artal Capital | · | 2 |
| Conjunction Capital | · | 2 |
| General Catalyst | 2 | · |
| IGNIA Partners | 2 | · |
Startup hubs rounds and capital by city
Mexico
Saudi Arabia
Latest rounds
Questions
Which country raised more startup funding, Mexico or Saudi Arabia?
Mexico. Since 5 June 2025, startups in Mexico raised $1.3B across 23 rounds, against $976M across 42 rounds in Saudi Arabia, 1.3 times more. That is 0.2% and 0.1% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in Mexico and Saudi Arabia?
23 rounds in Mexico and 42 rounds in Saudi Arabia since 5 June 2025, about 1 and 2 a month.
Are startup rounds bigger in Mexico or Saudi Arabia?
The median round is $13M in Mexico and $3.5M in Saudi Arabia, and the average round $57.3M 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 Mexico?
The biggest startup rounds in Mexico since 5 June 2025 are Plata ($405M, Series C, 17 Apr 2026), Kavak ($300M, Series F, 17 Feb 2026) and Klar ($170M, Series C, 1 Jul 2025).
What is the biggest startup round in Saudi Arabia?
The biggest startup rounds in Saudi Arabia since 5 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 Mexico and Saudi Arabia?
In Mexico, Fintech ($596M, 45% of the capital), AI ($263M, 20%) and Health ($35.8M, 3%) lead. In Saudi Arabia, Fintech ($485M, 50% of the capital), Consumer ($257M, 26%) and Enterprise software ($116M, 12%) lead.
Is Mexico or Saudi Arabia better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 61% of rounds in Mexico and 79% in Saudi Arabia. Mexico recorded 6 Pre-Seed or Seed rounds and Saudi Arabia 24 Pre-Seed or Seed rounds, with a median of $4.8M and $1.7M.
How much growth funding (Series B and later) goes to Mexico and Saudi Arabia?
Startups in Mexico raised $1B in 5 Series B or later rounds, 79% of the country's capital. In Saudi Arabia, $132M in 3 rounds, 14% of the capital.
Who are the most active startup investors in Mexico?
Kaszek (2 rounds, 2 led), Andreessen Horowitz (2 rounds, 1 led) and Monashees (2 rounds, 1 led) are the most active investors in Mexico.
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 Mexico and Saudi Arabia?
1 investor joined rounds in both countries. The most active: Andreessen Horowitz (2 in Mexico, 1 in Saudi Arabia).
Which cities lead startup funding in Mexico and Saudi Arabia?
Mexico City leads Mexico with $867M across 12 rounds, ahead of Guadalajara ($7.8M). Riyadh leads Saudi Arabia with $920M across 27 rounds, ahead of Jeddah ($1.2M).
Which month brought the most startup funding?
In Mexico, April 2026 ($405M). In Saudi Arabia, September 2026 ($364M).
How much did startups in Mexico and Saudi Arabia raise in the last 90 days?
In the 90 days to 10 Nov 2026, startups in Mexico raised $190M across 2 rounds and in Saudi Arabia $381M across 9 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.