
Riyadh - Sharikat Mubasher: The Riyadh-based e-commerce fulfillment platform, Salasa, successfully secured $30 million in a Series B funding round led by Artal Capital, with participation from SVC, Wa’ed Ventures, 500 Global, Alsulaiman Group, and other strategic investors.
This new capital, which brings Salasa’s total funding to $37.2 million, will help the company accelerate local and global expansions, enhance its dark store network, elevate bonded zone capabilities, and advance its AI-powered ecosystem, according to Salasa's statement today.
As part of its expansion strategy, Salasa will launch bonded zones and bonded warehouse services to provide logistics solutions for international companies seeking entry to the Saudi market without requiring a local business setup.
"We're embedding AI across planning, inventory, and fulfillment to create predictive, self-optimizing logistics. This boosts speed, accuracy, and efficiency for merchants, while our cross-border expansion and bonded zone operations open access to new markets regionally and beyond," said Hasan Alhazmi, Co-founder and Chief Business Officer of Salasa.
Founded by Abdulmajeed Alyemni and Hasan Alhazmi, Salasa offers end-to-end logistics solutions, including fulfillment, shipping, inventory management, bonded zones, last-mile delivery, and cross-border logistics. It has a customer base of over 1,000 merchants and has fulfilled and shipped over 50 million products domestically and internationally since its inception.
The company operates nine dark stores across Saudi Arabia and has recycled over 500 tons of packaging under its sustainability initiative.