Ninja closes $250mln funding, plans IPO on Tadawul by 2027
Summary
Ninja raised $250 million in a funding round led by Riyad Capital and reached a $1.5 billion valuation. The Saudi q-commerce startup plans to use the capital to expand operations, strengthen logistics capabilities, and prepare for a public listing on Tadawul by 2027. The company says the round reinforces its status as a Saudi tech unicorn and highlights growing investor interest in Gulf startups. Ninja currently operates across Saudi Arabia, Bahrain, Qatar, and Kuwait, delivering groceries and daily essentials.
Funding
Amount
$254.0M
Total raised
Date
July 2, 2025
Announcement date
Investors
Riyad Capital
Lead investors
Company
https://ananinja.com/
Funded company
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