Sanabil Investments and Valar Ventures led a $110m round in SILQ Group.

Sanabil Investments, a financial investment company, and Valar Ventures, a venture capital fund, led a $110m round in SILQ Group, a B2B Commerce Platform. "Saudi Arabia and the Gulf represent one of the most exciting economic stories in the world today. This merger reflects a bold vision to place these markets at the center of a new commercial ecosystem connecting with South Asia. With a leadership team that has consistently demonstrated courage and foresight, SILQ has the potential to define this category through ambition that matches the regions it serves," James Fitzgerald, Valar Ventures Founding Partner.