SHG Group
2245 263 Sidra, Riyadh, Ar Riyad, Saudi Arabia
Overview
Syndicate Holding Group invests in entrepreneurs to create a new generation of leading billion-dollar businesses.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 1
- Active investors
- 2
Investment portfolio
- Nabt
Led · Seed · Dec 2025
Founded in 2022 by Abdullah Alotaibi, Nabt is building both the physical and digital infrastructure for Saudi Arabia’s fresh-produce sector. Its core product is a B2B marketplace that links farmers with businesses, supported by fulfillment centers that handle sorting, grading, packaging, cold storage, and last-mile temperature-controlled logistics. The company recently launched the Nabt Online Auction to facilitate large-scale produce trading and Nabt Intel to deliver real-time pricing and demand data, giving farmers better price discovery and businesses live market insights. Operating from a warehouse hub in Riyadh, Nabt is rolling out additional hubs in major Saudi cities to extend nationwide coverage. The startup’s platform aims to increase farmer profitability, secure consistent high-quality supply for businesses, and bolster the Kingdom’s food security in alignment with Vision 2030. Nabt plans to broaden its fresh-produce portfolio, grow its customer base across Saudi Arabia, and reinforce its operational infrastructure with the newly raised capital. To date, the company has secured $5 million in total funding, including the latest seed extension round. With the Saudi fresh-produce market estimated at $19 billion in 2024 and projected to reach $24 billion by 2029, Nabt positions itself as foundational infrastructure for this expanding sector.