Country comparison

South Korea vs Saudi Arabia: startup funding compared

Since 9 June 2025, startups in South Korea raised $2.5B across 91 rounds, 2.6 times Saudi Arabia's $976M.

$2.5BCapital raised$976M
91Rounds42
$6.8MMedian round$3.5M
0.4%Share of all capital0.1%
35%Early-stage rounds79%

Capital raised running total by month

$2.5B$1.3B South Korea, end of Jun 25: $22MSouth Korea, end of Jul: $194MSouth Korea, end of Aug: $214MSouth Korea, end of Sept: $478MSouth Korea, end of Oct: $478MSouth Korea, end of Nov: $490MSouth Korea, end of Jan 26: $557MSouth Korea, end of Feb: $692MSouth Korea, end of Mar: $1.3BSouth Korea, end of Apr: $1.6BSouth Korea, end of May: $1.9BSouth Korea, end of Jun: $1.9BSouth Korea, end of Aug: $1.9BSouth Korea, end of Sept: $1.9BSouth Korea, end of Oct: $2.5BSaudi Arabia, end of Jun 25: $50.3MSaudi Arabia, end of Jul: $342MSaudi Arabia, end of Aug: $460MSaudi Arabia, end of Sept: $464MSaudi Arabia, end of Oct: $470MSaudi Arabia, end of Nov: $474MSaudi Arabia, end of Jan 26: $483MSaudi Arabia, end of Feb: $542MSaudi Arabia, end of Mar: $549MSaudi Arabia, end of Apr: $549MSaudi Arabia, end of May: $590MSaudi Arabia, end of Jun: $592MSaudi Arabia, end of Aug: $599MSaudi Arabia, end of Sept: $964MSaudi Arabia, end of Oct: $976M Jun 25AugOctJan 26MarMayAugOct
South KoreaSaudi Arabia
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Where the money goes share of capital by sector

South Korea

  • AI77%$1.9B
  • Robotics & Hardware8%$207M
  • Health7%$165M
  • Enterprise software4%$109M
  • Climate & Energy1%$37.4M
  • Fintech1%$23.8M

Saudi Arabia

  • Fintech50%$485M
  • Consumer26%$257M
  • Enterprise software12%$116M
  • AI8%$82.2M
  • Other2%$22.4M
  • Robotics & Hardware1%$12M

Biggest rounds

Stage mix share of rounds

South KoreaSaudi Arabia
16%Pre-Seed and Seed57%
19%Series A21%
16%Series B7%
13%Series C and later0%
35%Other or undisclosed14%

Most active investors rounds joined

InvestorSouth KoreaSaudi Arabia
Korea Development Bank13·
KB Investment7·
500 Global15
Crit Ventures6·
Hana Ventures6·
D.CAMP5·
Futureplay5·
Impact46·5
Bon Angels Venture Partners4·
COTU Ventures·4
Korea Investment Partners4·
Merak Capital·4

Startup hubs rounds and capital by city

South Korea

  • Seoul37$1.6B
  • Yongin1$122M
  • Anyang1$27.3M
  • Daejeon1$13.7M
  • Seongnam2$7.6M

Saudi Arabia

  • Riyadh27$920M
  • Jeddah1$1.2M

Latest rounds

Questions

Which country raised more startup funding, South Korea or Saudi Arabia?

South Korea. Since 9 June 2025, startups in South Korea raised $2.5B across 91 rounds, against $976M across 42 rounds in Saudi Arabia, 2.6 times more. That is 0.4% and 0.1% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in South Korea and Saudi Arabia?

91 rounds in South Korea and 42 rounds in Saudi Arabia since 9 June 2025, about 6 and 3 a month.

Are startup rounds bigger in South Korea or Saudi Arabia?

The median round is $6.8M in South Korea and $3.5M in Saudi Arabia, and the average round $27.6M 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 South Korea?

The biggest startup rounds in South Korea since 9 June 2025 are FuriosaAI ($620M, 29 Oct 2026), Rebellions ($400M, Growth, 30 Mar 2026) and Rebellions ($250M, Series C, 30 Sept 2025).

What is the biggest startup round in Saudi Arabia?

The biggest startup rounds in Saudi Arabia since 9 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 South Korea and Saudi Arabia?

In South Korea, AI ($1.9B, 77% of the capital), Robotics & Hardware ($207M, 8%) and Health ($165M, 7%) lead. In Saudi Arabia, Fintech ($485M, 50% of the capital), Consumer ($257M, 26%) and Enterprise software ($116M, 12%) lead.

Is South Korea or Saudi Arabia better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 35% of rounds in South Korea and 79% in Saudi Arabia. South Korea recorded 15 Pre-Seed or Seed rounds and Saudi Arabia 24 Pre-Seed or Seed rounds, with a median of $1.5M and $1.7M.

How much growth funding (Series B and later) goes to South Korea and Saudi Arabia?

Startups in South Korea raised $901M in 27 Series B or later rounds, 36% of the country's capital. In Saudi Arabia, $132M in 3 rounds, 14% of the capital.

Who are the most active startup investors in South Korea?

Korea Development Bank (13 rounds, 5 led), KB Investment (7 rounds, 2 led) and Crit Ventures (6 rounds, 4 led) are the most active investors in South Korea.

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 South Korea and Saudi Arabia?

1 investor joined rounds in both countries. The most active: 500 Global (1 in South Korea, 5 in Saudi Arabia).

Which cities lead startup funding in South Korea and Saudi Arabia?

Seoul leads South Korea with $1.6B across 37 rounds, ahead of Yongin ($122M). Riyadh leads Saudi Arabia with $920M across 27 rounds, ahead of Jeddah ($1.2M).

Which month brought the most startup funding?

In South Korea, October 2026 ($620M). In Saudi Arabia, September 2026 ($364M).

How much did startups in South Korea and Saudi Arabia raise in the last 90 days?

In the 90 days to 29 Oct 2026, startups in South Korea raised $636M across 2 rounds and in Saudi Arabia $384M across 11 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.

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