Saudi Telecom Company’s Tali Ventures and Aramco’s Wa’ed Ventures are making headlines with their joint investment in Graphiant, a technology start-up based in the United States. This investment highlights Saudi Arabia’s commitment to enhancing its digital infrastructure.

The two investment arms have co-led a $19 million investment in Graphiant as part of a Series B fundraising round, which has now reached a total of $102 million. This significant financial backing is a clear indication of the growing interest in advanced network solutions.

Graphiant has announced plans to establish its regional headquarters in Riyadh. The company aims to collaborate with STC Group on initiatives focused on localization, skills development, and the introduction of new infrastructure projects.

The firm is dedicated to delivering a unified network solution that caters to the needs of artificial intelligence, cloud services, Software as a Service (SaaS), business-to-business (B2B) services, and branch networking across the public sector, telecommunications, and enterprise fields.