Wamda

Saudi Arabia

Tamara raises $150 million debt financing from Goldman Sachs

Saudi Arabia-based fintech Tamara, has closed a $150 million debt financing round from Goldman Sachs, bringing the startup’s total...

Tamara Fintech Goldman Sachs

Saudi Arabia

NFT marketplace Nuqtah raises Seed round

Saudi Arabia-based NFT marketplace Nuqtah, has raised an undisclosed Seed round led by Animoca Brands with participation from Polygon...

Nuqtah Animoca Brands NFT

Saudi Arabia

Kara raises $586,000 during Biban 2023

Saudi Arabia-based device-as-a-service (DaaS) startup Kara, has raised $586,000 (SAR 2.2 million) pre-Seed round led by Falak Investment...

Kara Biban 2023

Saudi Arabia

Beta Lab launches in Saudi Arabia to scale homegrown deeptech startups

Beta Lab, a VC and co-creation studio dedicated to fostering the growth of deep technology startups, has launched in...

Beta Lab

Saudi Arabia

Saudi healthtech Labayh acquires Nafs app

Saudi Arabia-based mental health app Labayh has acquired UAE’s counterpart, Nafas. Founded in 2018 by Basim Albeladi,...

Labayh Nafs healthtech

Saudi Arabia

Emkan launches $31 million fund to back early-stage startups

Saudi Arabia-based VC firm Emkan Capital has announced the close of its $31 million Emkan Capital Fund I (ECP I). ECP I aims to invest...

Emkan Capital Emkan Capital Fund I Jada Fund of Funds

Saudi Arabia

Ygii raises pre-Seed round led by Flat6Labs

Saudi Arabia-based social commerce platform Ygii has secured a pre-Seed round from Flat6labs, with participation from a group of angel...

Ygii

Saudi Arabia

Amwal raises $2.5 million pre-Seed round

Saudi Arabia-based fintech Amwal has secured $2.5 million in a pre-Seed round co-led by Shorooq Partners and Outliers Venture Capital...

Outliers Venture Capital Shorooq Partners Amwal

Saudi Arabia

Open banking in Mena: Shifting gears and making strides

Abdulla Almoayed is the founder and CEO of open banking platform Tarabut Gateway The Middle East and North Africa (Mena) region is now...

Open banking Fintech

Saudi Arabia

Munjz closes $5 million Series A round

Saudi Arabia-based proptech Munjz, has closed a $5 million Series A round, led by undisclosed investors, in addition to Vision Venture,...

Saudi Arabia Munjz Proptech

Saudi Arabia

Saudi mobility startup Telgani closes $6 million Series A round

Saudi Arabia-based mobility startup Telgani has closed a $6 million Series A funding round, co-led by Hala Auto and Elm...

Telgani Hala Auto Elm Company

Saudi Arabia

Hala acquires UAE fintech Paymennt.com

Saudi Arabia-based fintech Hala has acquired UAE-based fintech Paymennt.com, previously called PointCheckout, for an unknown...

Hala Paymennt.com M&A

Saudi Arabia

noon acquires Namshi for unknown sum

Saudi Arabia-based e-commerce platform noon.com has completed its acquisition of the UAE-based fashion shopping platform...

noon.com Namshi M&A

Saudi Arabia

Flat6Labs launches $20 million Startup Seed Fund in Saudi Arabia

Flat6Labs has finished the first close of its $20 million “Startup Seed Fund” in Saudi Arabia, with the participation of the...

Flat6Labs Startup Seed Fund

Saudi Arabia

The Space merges with Vibes to form co-working space network in KSA

Saudi Arabia-based co-working space, The Space, has merged with Vibes for an undisclosed value. Founded in 2014 by Omar Al-Shabaan and...

The Space Vibes M&A

Saudi Arabia

BIM Ventures invests in WeDeliver

Saudi Arabia-based logistics provider WeDeliver has raised a pre-Series A round from BIM Ventures during the LEAP 2023...

BIM Ventures WeDeliver Delivery

Saudi Arabia

Aion Digital raises $5 million bridge round led by Fintactics Ventures

Bahrain-based fintech Aion Digital has raised $5 million in a bridge round led by Fintactics Ventures, a $40 million fintech-focused...

Aion

Saudi Arabia

Marn raises $1 million post-Seed round

Saudi Arabia-based HR tech startup Marn, has closed a $1 million post-Seed round, led by Sukna Ventures and with participation from...

Marn HR solutions Sukna Ventures

Saudi Arabia

Nana raises $133 million in a Series C round led by Kingdom Holding

Saudi Arabia-based dark store grocery delivery startup Nana, has raised $133 million in a Series C funding round led by Kingdom Holding...

Nana e-grocery dark stores

Saudi Arabia

STV launches $150 million Total Growth investment platform

Saudi Arabia-based investment firm STV announced during the LEAP 23 Conference the launch of its Total Growth platform, anchored by...

LEAP 23 STV

Saudi Arabia

IMPACT46 launches $133 million Fund

Saudi Arabia-based VC firm IMPACT46 has launched a new SAR500 million ($133 million) fund to invest in technology startups in Saudi...

Impact46 Venture Capital

Saudi Arabia

palm.hr closes $5 million pre-Series A round

Saudi Arabia-based HR tech platform palm.hr, has closed a $5 million pre-Series A round co-led by Speedinvest and RAED Ventures, with...

Palm.hr Raed Ventures Wamda Capital

Saudi Arabia

Wa’ed Ventures invests in Roots Ventures

Wa’ed Ventures, the VC arm of Aramco, has invested in Revival Lab to launch its venture builder Roots Ventures. The investment...

Wa'ed Vnetures Roots Ventures Aramco

Global

Wa’ed invests in PASQAL’s $108 million Series B

Wa’ed Ventures, the Saudi Aramco Entrepreneurship Centre (Wa'ed), has invested in a $108 million Series B for French...

Wa'ed Vnetures

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