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Sign InIn a move reflecting the accelerating investment in deep-tech sectors within the Kingdom, Saudi-based startup Think announced the closing of a pre-seed funding round exceeding $8 million. This round marks the largest of its kind for AI infrastructure in the MENA region. According to analyst reports, the funding is intended to build a new generation of intelligent and unified infrastructure, integrating hardware and software solutions to cater to the surging demand for artificial intelligence across the region.
This substantial capital injection comes as Saudi Arabia's venture capital ecosystem continues to lead the region, having ranked first in total funding value last year per MAGNiTT data. The scale of this pre-seed round mirrors global trends where AI infrastructure firms, such as CoreWeave and Lambda Labs, have recently secured massive valuations to provide specialized computing power. This highlights a strategic shift toward localizing critical technology stacks within the Saudi market to support national digital transformation goals.
Looking ahead, Think will utilize the capital to develop proprietary technologies aimed at reducing reliance on external vendors and enhancing digital sovereignty. While specific public market pricing is unavailable as the company remains private, such deals are expected to bolster the long-term appeal of the Saudi tech sector. Investors are also monitoring broader macro catalysts, including the FOMC Minutes scheduled for release today, July 15, 2026, which may influence global venture capital flows and interest rate expectations.