Autobia Raises $12M Series A

Autobia, a Saudi Arabia-based automotive spare parts platform, has secured $12 million in Series A funding to accelerate its expansion across the Kingdom. This latest investment brings the company's total known funding to $14.5 million.

Investors

The funding round was led by Artal Capital, with participation from AlJazira Capital and Wa’ed Ventures.

Autobia Use of Funds

The capital will be used to expand the company's presence into additional regions in Saudi Arabia, strengthen logistics infrastructure, advance dynamic pricing technologies, and broaden payment solutions.

About Autobia

Founded in 2021 by Emad Daghreri and Ahmed Alawfi, Autobia is a business-to-business platform that connects automotive spare parts retailers with suppliers. The company offers integrated supply chain, delivery, and flexible payment services, including buy-now-pay-later options for retailers.

Funding Details

Company Website: https://autobia.com

Company: Autobia
Raised: $12M
Round: Series A
Funding Date: October 11, 2026
Lead Investor: Artal Capital
Additional Investors: AlJazira Capital, Wa’ed Ventures
Software Category: Automotive / Marketplace
Source: https://bridgemena.com/news/autobia-raises-12-million-in-series-a-round-led-by-artal-capital-to-accelerate-its-expansion-in-saudi-arabia