Salasa eyes global expansion for Saudi brands after $30mn funding

user icon
GHADA.ISMAIL
calender icon
Aug 11, 2025
article image

Riyadh – Sharikat Mubasher: Saudi e-commerce solutions provider Salasa is setting its sights on expanding across the Gulf and wider regional markets following the close of its $30 million Series B funding round, Abdulmajeed Alyemni, its co-founder and CEO, told Asharq Business.

Salasa aims to help Saudi brands export their products to GCC, Middle Eastern, and even global markets, while also attracting international brands to the Saudi and Gulf e-commerce space.

Alyemni added: “This is a promising market with significant purchasing power. Many global brands want to enter, but lack the necessary infrastructure, and that’s where we come in,”.

The funding round was led by Artal Capital, with participation from the Saudi Venture Capital Company (SVC), Wa’ed Ventures, 500 Global, and Al-Sulaiman Group. The investment will be used to strengthen logistics capabilities, expand fulfillment infrastructure, and develop digital solutions to bridge the region’s e-commerce infrastructure gap.


Share

Related News

Saudi Industry ecosystem participates in Hannover Messe 2026
News
Calendar Icon
April 16, 2026
Saudi Industry ecosystem participates in Hannover Messe 2026
Read More
NEOM Port launches multimodal corridor linking Europe to GCC
News
Calendar Icon
April 16, 2026
NEOM Port launches multimodal corridor linking Europe to GCC
Read More
PIF Board of Directors approves 2026-2030 strategy
News
Calendar Icon
April 16, 2026
PIF Board of Directors approves 2026-2030 strategy
Read More
Report: Cyber risks outpace AI concerns for Middle East leaders
News
Calendar Icon
April 15, 2026
Report: Cyber risks outpace AI concerns for Middle East leaders
Read More
Eli Lilly acquires CE-Ventures portfolio company CrossBridge Bio
News
Calendar Icon
April 15, 2026
Eli Lilly acquires CE-Ventures portfolio company CrossBridge Bio
Read More
Adyen partners with Careem Pay to enhance digital remittances in UAE
News
Calendar Icon
April 15, 2026
Adyen partners with Careem Pay to enhance digital remittances in UAE
Read More
Saudi Arabia climbs to no.1 in Global Digital Readiness Ranking
News
Calendar Icon
April 15, 2026
Saudi Arabia climbs to no.1 in Global Digital Readiness Ranking
Read More
Safari Group, PMaestro plan $35mn Fund to expand Chuck E. Cheese network
News
Calendar Icon
April 15, 2026
Safari Group, PMaestro plan $35mn Fund to expand Chuck E. Cheese network
Read More
Riyadh to host 3 Saudi accelerators backing agricultural, sustainability startups
News
Calendar Icon
April 15, 2026
Riyadh to host 3 Saudi accelerators backing agricultural, sustainability startups
Read More
Falak Holing acquires Kernel for AI to expand technical capabilities
News
Calendar Icon
April 14, 2026
Falak Holing acquires Kernel for AI to expand technical capabilities
Read More