Founded in 2014 by Yousef AlNafjan, Gulf Business Technologies (GBT) operates across the geospatial data (GIS) value chain through its subsidiaries Penta-KSA and Penta-Labs. Penta-KSA supplies no-code GIS software that lets non-specialists access, analyse and act on spatial data, while Penta-Labs focuses on deep-tech innovation, building GeoAI and digital-twin products for large-scale smart-city initiatives. GBT’s offerings aim to convert complex spatial information into practical, user-friendly insights for decision-makers involved in Saudi Arabia’s national digital-transformation projects such as NEOM, Qiddiya and the Red Sea Project. The company positions itself to capitalise on a domestic geospatial analytics market projected to grow from an estimated $1.5 billion in 2025 to $2.5 billion by 2030. With its newly raised funds, GBT plans to reinforce infrastructure, grow its team and launch a new generation of GeoAI solutions tailored to local market needs. The recent capital injection brings its total disclosed funding to $1.3 million. No revenue or user metrics were disclosed in the article.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2026