Salasa, a Saudi Arabia-based e-commerce fulfillment platform, has successfully closed a $30 million Series B funding round, bringing its total raised to $37.2 million.
The round was led by Artal Capital, with participation from Saudi Venture Capital Company (SVC), Wa’ed Ventures, 500 Global, AlSulaiman Group, and other strategic investors.
According to the company, the newly raised capital will be utilized to expand fulfillment centers across Saudi Arabia, launch rapid local delivery services in major cities, grow its network of dark stores, enhance bonded warehouse capabilities, and advance its AI-powered tech infrastructure.
Salasa also announced the launch of special customs zone services, designed to enable international businesses to enter the Saudi market without establishing a local legal entity.