Matajer Central Co. announced that it has received SAR 188,000,000 in a round of funding co-led by new investor, Frontier Investment Management Partners Ltd and returning investor, Saudi Technology Ventures on February 2, 2022. The transaction also included participation from new investors, quencia capital, Jahez International Company for Information Systems Technology, Sunbullah Food & Fine Pastries Manufacturing Company, Ltd., returning investors, Middle East Venture Partners, Impact46 Limited and Faith Capital Holding.

The company has received SAR 300,000,000 in funding till date.