Nana
ActiveA quick-commerce grocery delivery app operating a dark-store network across Saudi Arabia, delivering groceries and household goods in roughly 15-20 minutes.
Nana is Saudi Arabia's largest digital grocery and quick-commerce platform, founded in Riyadh in 2016 by Sami Al-Helwah and Abdulmajeed Alsukhan, delivering groceries and household goods via a dark-store network in roughly 15-20 minutes (NanaExpress) alongside larger scheduled shops (NanaHyper). It has raised over $200M across five rounds from independent, non-sovereign backers (MEVP, Impact46, STV, FIM Partners, Kingdom Holding and others), most recently a $133M Series C in February 2023 led by Kingdom Holding. In April 2026 its operating entity, Central Markets for Information Technology, entered court-supervised financial reorganization under Saudi Bankruptcy Law (closely analogous to US Chapter 11) amid intense quick-commerce competition — a material financial-distress risk factor — but the app and stores remained operating as of mid-2026, with a 90-day creditor claims window running from the April 2026 filing.
Founders
Funding Rounds
Lead: Kingdom Holding Company
Investors: Kingdom Holding Company, Uni Ventures, Sultan Holding, Al-Jasser Holding, Red Diamond Company, Dallah Al-Baraka Group, AlJammaz Holding
Investors: Kingdom Holding Company, Uni Ventures, Sultan Holding, Al-Jasser Holding, Red Diamond Company, Dallah Al-Baraka Group, AlJammaz Holding.
Lead: FIM Partners and STV
Investors: FIM Partners, Saudi Technology Ventures (STV), Quencia Capital, Faith Capital, Jahez, Sunbulah Group, Middle East Venture Partners (MEVP), Impact46
SAR 188 million; USD figure as printed by Wamda/Arab News. Round label: STV (co-lead) calls it a 'Bridge Round'; Sharikat Mubasher and fwdstart label it 'Series B+'; Wamda/Arab News give no label. Announced at LEAP 2022. Wamda: total funding $80M to date after this round; Arab News: SR300M total to date. Also: https://www.wamda.com/2022/02/nana-raises-50million-from-fimPartners-stv-arabic-english https://www.arabnews.com/node/2017031/business-economy https://mevp.com/news/mevps-saudi-investment-nana-raises-usd-50-million-in-new-funding https://magnitt.com/news/nana-raises-50m-53186 Confidence: confirmed (round 13, STV).
Lead: STV and MEVP
Investors: Saudi Technology Ventures (STV), Middle East Venture Partners (MEVP), Watar Partners, Saudi Venture Capital Company (SVC), Wamda Capital, Impact46, Angel investors
MENAbytes: total raised to date 'over $26 million' after this round. Also: https://www.menabytes.com/nana-18-million/ https://magnitt.com/news/saudi-arabia-leading-online-grocery-platform-nana-raises-usd18m-in-series-b-funding-51675 https://impact46.sa/nanas-journey-to-its-18m-usd-series-b-round/ Confidence: confirmed (round 13, Zawya (company press release)).
Lead: MEVP and Impact46
Investors: Middle East Venture Partners (MEVP), Impact46, Watar Partners, Saudi Venture Capital Company (SVC), Wamda Capital
Treated as one round: first reported 2019-02-28 as $6M (MEVP, Impact46, SVC), final close announced 2019-08-20 at $6.6M with Watar and Wamda Capital added. Impact46 dates its own participation to March 2019. Also: https://www.wamda.com/2019/08/nana-raises-6-6-million-series https://www.mevp.com/news/saudi-arabias-leading-online-grocery-platform-nana-naanaa-raised-6-6m-in-series-a-financing-co-led-by-mevp https://www.menabytes.com/nana-series-a/ https://www.wamda.com/2019/02/nana-raises-6-million-series-round https://www.menabytes.com/nana-direct-6-million/ Confidence: confirmed (round 13, Nana).
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