RIYADH: Saudi firm Nuqtah, a marketplace for non-fungible tokens, is seeking to raise $5 million through a new funding round, CEO Salwa Radwi told Al-Asharq.
In the first round of financing, the company managed to attract prominent investors, such as Sanabil, a subsidiary of the Public Investment Fund, Shorooq Partners, and 500 Global, an early-stage venture fund.
The company expects to attract these investors again in the second round. It looks to use the funds for attracting human resources, developing technologies and products, and enhancing the marketing process of the company's activity locally and regionally.
