Saudi Arabia Ejaro raises $850,000 seed round Saudi Arabia-based peer-to-peer (P2P) vehicle sharing platform Ejaro, has raised a $850,000 (SAR 3.2 million) seed round, led by Saudi... Dunya Hassanein • 10 January, 2021 Ejaro car sharing car rental
Saudi Arabia NearPay raises $600,000 pre-seed Saudi Arabia-based financial technology (fintech) startup NearPay, has raised a $600,000 (SAR 2.2 million) pre-seed round, led by Saudi... Dunya Hassanein • 05 January, 2021 NearPay Angel Investment Fintech
Saudi Arabia Qoyod raises $2.1 million in Series A Saudi Arabia-based software-as-a-service (SaaS) platform Qoyod, has secured $2.1 million in a Series A round led by Merak Capital, with... Dunya Hassanein • 29 December, 2020 SAAS accounting software Qoyod
Saudi Arabia Salasa raises $8.6 million in Series A Saudi Arabia-based e-commerce enablement startup Salasa, has raised $8.6 million (SAR 32 million) in a Series A round, led by AlSulaiman... Dunya Hassanein • 28 December, 2020 Salasa e-commerce enablement Series A
Saudi Arabia Wadi Makkah invests in Bab Makkah and Tarteel Saudi Arabia-based Wadi Makkah Ventures has invested 250,000 SAR ($65,000) in a pre-Series A round for Bab Makkah, as well as SAR 200,000... Dunya Hassanein • 21 December, 2020 Wadi Makkah Bab Makkah ecommerce
Saudi Arabia Morni raises $9.1 million in Series B Saudi Arabia-based mobility solutions platform Morni, has raised SAR34.3 million ($9.1 million) in a Series B funding round, led by GSquare... News • 17 December, 2020 Morni Mobility solutions series B
Global Wahed Invest acquires UK digital banking app Niya Source: Reuters Wahed Inc, a U.S.-based Islamic-finance fintech startup backed by Saudi Aramco, will acquire Niyah Ltd, a British... News • 17 December, 2020 Wahed Islamic economy Aramco
Saudi Arabia QVM raises seed funding Saudi Arabia-based QVM has raised an undisclosed Seed round led by Awab Holding Company with additional participation from angel... Dunya Hassanein • 09 December, 2020 قطع غيار السيارات QMV
Global Saudi Aramco Energy Ventures invests in US-based Dragos Source: TechCrunch Cybersecurity firm Dragos has raised $110 million in its Series C, almost triple the amount that it raised two... News • 09 December, 2020 Dragos cybersecurity Saudi Aramco Energy Ventures
Saudi Arabia tabby raises $23 million in Series A UAE-founded Buy Now Pay Later (BNPL) provider tabby has raised Series A financing round of $23 million in debt and equity led by... News • 08 December, 2020 Tabby Fintech
Saudi Arabia The Saudi accelerator removing roadblocks for women By May Rostom For reasons ranging from cultural or self-imposed barriers to age-old beliefs, sex-role stereotyping has proved one of the... Middle East Exchange • 02 December, 2020 accelerator
Global MiSK Foundation buys 33.3% of Japan’s SNK for SAR 813 million Source: Argaam The Mohammed bin Salman Foundation (MiSK) acquired a 33.3% stake in SNK Corporation, a Japanese video game... News • 29 November, 2020 SNK Acqusition video games
Saudi Arabia Salla raises $8.5 million in Series A Saudi Arabia-based e-commerce Salla, has closed a SAR32 million ($8.5 million) Series A round led by STV, with participation from existing... News • 24 November, 2020 Salla Series A
Saudi Arabia Western Union buys $200 million stake in STC Pay Source: Bloomberg Western Union Co. acquired a 15% stake in stc pay, a unit of Saudi Telecom Co. that’s focused on... News • 22 November, 2020 Western Union STC Pay Fintech
Saudi Arabia Immensa Technology acquires Saudi-based Shakl3D and LayLabs UAE-based 3D printing solution provider Immensa Technology Labs, has acquired two Saudi Arabia-based companies: Shakl3D and LayLabs. The... Wamda • 18 November, 2020 Immensa Technology 3Dprinting
Egypt Wuilt raises $535,000 seed Egypt-based software as a service (SaaS) startup Wuilt, has raised a $535,000 seed round from UK-based MENA Technology Fund, DAAL VC along... Wamda • 17 November, 2020 SAAS Wuilt Flat6Labs Cairo
Saudi Arabia Vision Ventures invests in RedBox Saudi Arabia-based venture capital (VC) firm Vision Ventures has invested in smart locker startup RedBox. The announcement was made earlier... Wamda • 15 November, 2020 Vision ventures RedBox smart locker
Saudi Arabia Jada Fund of Funds company invests in Alpha Capital Source: Saudi 24 news “Jada” Fund of Funds Company, which is one of the Public Investment Fund companies, has signed a... News • 05 November, 2020 Alpha Capital Jada Fund of Funds smes
Saudi Arabia FOODICS launches micro-lending fund to support SMEs in F&B sector Saudi Arabia-based food and beverages (F&B) retail and restaurant management platform FOODICS, has officially launched its micro... Wamda • 27 October, 2020 Foodics f&b Micro-lending
Saudi Arabia $20 billion investment target set for Saudi national AI strategy Source: Carrington Malin The Saudi national AI strategy was announced at the virtual Global AI Summit by Saudi Data and Artificial... News • 25 October, 2020 Artificial intelligence Saudi Data and Artificial Intelligence Authority (SDAIA) National Strategy for Data & AI (NSDAI)
Saudi Arabia Garage raises $260,000 Saudi Arabia-based automotive startup Garage has secured SAR 1 million ($260,000) from angel investors. The soon-to-be-launched startup... Wamda • 22 October, 2020 Garage automotive
Pakistan Retailo raises $2.3 million pre-seed Saudi Arabia-based e-commerce platform Retailo, has raised $2.3 million in a pre-seed round, led by Shorooq Partners, with participation... Wamda • 12 October, 2020 Retailo Shorooq Partners B2B marketplace
Saudi Arabia Fintech Saudi, Flat6Labs launch fintech accelerator programme Source: Fintech News Middle East Powered by startup accelerator Flat6Labs, Fintech Saudi is launching its Fintech Accelerator, an... News • 01 October, 2020 Flat6Labs Jeddah SAMA Fintech
Global Saudi's Aramco invests in US-based Data Gumbo Source: Houston Chronicle Blockchain-based tech startup Data Gumbo scored $4 million in a Series B funding round, drawing a second... News • 27 September, 2020 Aramco Blockchain
