Saudi autotech Autobia raises $12 million Series A led by Artal Capital
Saudi B2B autotech startup Autobia has raised $12 million (SAR 45 million) in a Series A funding round, led by Artal Capital, with participation from Aljazira Capital and Wa’ed Ventures, the venture capital arm of Saudi Aramco. Co-founded in 2021 by Emad Daghreri and Ahmed Alawfi, Autobia operates a digital marketplace connecting auto parts retailers and wholesalers with verified suppliers,…
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