Page 65 - UNIFONIC PR REPORT - April 2025

4/16/25, 1:47 PM Sadq Raises SAR 5.5 million in Pre-Series A Round Led by "X by Unifonic Fund" to Accelerate Growth in the Kingdom’s Digital Auth…
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.”

https://menafn.com/1109432460/Sadq-Raises-SAR-55-million-in-Pre-Series-A-Round-Led-by-X-by-Unifonic-Fund-to-Accelerate-Growth-in-the-Kingdo… 2/2