Page 38 - UNIFONIC PR REPORT - April 2025

4/17/25, 1:19 PM Sadq raises SAR 5.5 million led by X by Unifonic Fund - My Startup World - Everything About the World of Startups!
Salem Al-Badawi, Co-Founder and CTO of Sadq, said: “We’re proud of how far we’ve come. This new
funding will allow us to further strengthen our robust, multi-layered technical infrastructure, enabling us to
scale with agility and respond efficiently to growing demand. We’ve also integrated advanced auto-scaling
systems, portable and consistent deployment environments, and global-grade security protocols — all of
which ensure our platform is resilient, reliable, and secure against cyber threats. Our partnership with
Unifonic will help us continue expanding our service portfolio in the digital authentication space.”

Ahmed Hamdan, CEO and Co-Founder of Unifonic, noted: “This strategic investment reinforces the role of
both Sadq and Unifonic in shaping the Kingdom’s emerging digital trust and identity ecosystem. Through our
close collaboration, we aim to drive innovation and set new standards for secure digital transactions across
all sectors in Saudi Arabia.”

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