Autobia Raises $12M Series A Led by Artal Capital

Autobia Closes $12 Million Series A

Autobia, a Saudi B2B technology company digitizing the automotive aftermarket, has raised a $12 million Series A round led by Artal Capital. The round was announced on October 11, 2026.

What Autobia Does

Autobia's platform connects auto parts retailers and repair shops with verified suppliers. Customers can source parts through the marketplace, arrange delivery to their businesses, and pay for inventory in scheduled instalments via the company's Inventory on Terms product.

A separate offering, Qasima Plus, brings licensed buy-now-pay-later providers onto a single platform for end-customer payments.

Company Background

Autobia was founded in 2021 by Emad Daghreri and Ahmed Alawfi. According to the company, it has sold more than five million parts and serves over 100 cities across Saudi Arabia, with more than 160 brands on its marketplace.

Round Details

• Round type: Series A
• Amount: $12,000,000
• Lead investor: Artal Capital
• Participating investors: Waed Ventures, Aljazira Capital
• Announced: October 11, 2026

Strategic Read

Autobia sits at the intersection of B2B marketplace infrastructure and embedded finance in the Saudi automotive aftermarket. The combination of supplier sourcing, delivery logistics and inventory financing in a single platform addresses working capital constraints that typically limit small parts retailers and repair shops.

The investor group includes Waed Ventures and Aljazira Capital alongside lead Artal Capital. With reported reach across more than 100 Saudi cities and a catalog of over 160 brands, Autobia has built distribution depth in a fragmented market — a characteristic that tends to attract strategic interest from larger automotive, logistics and financial services players evaluating entry into the aftermarket supply chain.