Wamda

Saudi Arabia

OmniOps raises $8 million to expand AI infrastructure offerings

Saudi Arabia-based AI infrastructure technology provider OmniOps has raised an $8 million funding round from GMS Capital...

OmniOps AI GMS Capital Ventures

Saudi Arabia

SVC pledges investment in MEVP’s $150 million fund

Saudi Venture Capital (SVC) has committed an investment in MEVP’s $150 million fund for an undisclosed value. Middle East...

MEVP SVC Middle East Venture Fund IV

Saudi Arabia

Halo AI launches services in Saudi Arabia

Saudi Arabia-based AI-powered networking platform Halo AI has launched its services. Founded in 2024 by Vito Strokov, Rami Saad, and...

Halo AI

Saudi Arabia

Tawaref series: Premium residency for entrepreneurs in Saudi

In our last article, we went over the different pathways and tracks to acquiring Saudi Premium Residency, touching upon details like...

Tawaref

Saudi Arabia

Saudi Arabia’s Abikhdmh closes $800,000 Seed round

Saudi Arabia-based services platform “Abikhdmh” has raised $800,000 Seed round, backed by a group of undisclosed...

Abikhdmh

Saudi Arabia

AlGooru lands $4 million in a pre-Series A round

Saudi Arabia-based edtech AlGooru has raised $4 million in a pre-Series A funding round through a combination of debt and equity...

AlGooru Constructor Capital

Saudi Arabia

Adaverse backs Grintafy to utilise blockchain in football talent discovery

Grintafy, a Saudi Arabia-based sportstech company, has received an undisclosed investment from Adaverse. Grintafy, founded in 2019 by...

Grintafy Adaverse

Saudi Arabia

SVC pledges major investment in Aliph Capital’s first fund

Saudi Venture Capital (SVC) has invested in Aliph Fund I, a GCC-focused growth fund from Aliph Capital. The value remains...

SVC Aliph Capital Aliph Fund I

Saudi Arabia

Rio Ferdinand acquires share in Koora Break

Saudi sports platform Koora Break has raised an investment from the former England and Manchester United footballer Rio Ferdinand. The...

Koora Break Rio Ferdinand

Saudi Arabia

Jada Fund of Funds backs Jadwa’s first fund

Press release: Jada Fund of Funds is pleased to announce its investment in Jadwa GCC Private Equity Fund I, a fund managed by Jadwa...

Jada Fund of Funds Jadwa Investment

Saudi Arabia

Tawaref series: Exploring Saudi premium residency system

What is Premium Residency in Saudi Arabia? The Saudi Premium Residency is a residential permit granted to any non-GCC citizen allowing...

Tawaref

Saudi Arabia

Aanaab secures $7 million Series A from Dallah Investment Holding

Saudi Arabia-based edtech Aanaab has completed its Series A funding round, securing $7 million from Dallah Investment...

Aanaab Dallah Investment Holding

Saudi Arabia

Impact46 invests $13.3 million in Cipher prior to its IPO

Saudi Arabia-based cybersecurity startup Cipher has raised $13.3 million in a pre-IPO investment round from Impact46. Founded in 2018...

Cipher cybersecurity Impact46

Saudi Arabia

Flat6Labs invests in 10 Saudi startups, includes them in Riyadh Seed Programme

MENA’s seed and early-stage VC Flat6Labs has invested in 10 Saudi-based startups for the fourth cycle of the Riyadh Seed...

Flat6Labs Riyadh Seed Program

Saudi Arabia

Geidea extends SoftPos services to Egypt

Press release: Geidea, a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos...

Geidea Fintech Softpos

Jordan

Naif Al Rajhi Investment buys strategic stake in Jordan’s Mawdoo3

Saudi Arabia-based investment company Naif Al Rajhi Investment has invested in Jordan’s AI Arabic content platform Mawdoo3 for a...

Mawdoo3 Naif Al Rajhi Investment

Saudi Arabia

Jada Fund of Funds invests in SEEDRA Ventures' second fund

Press release: Jada Fund of Funds is pleased to announce its commitment to SEEDRA Ventures Fund II, a newly launched venture capital...

Seedra Ventures Jada Fund of Funds SEEDRA Ventures Fund II

Saudi Arabia

EdfaPay closes $5 million pre-Series A to fuel MENAP expansion

Saudi Arabia-based fintech EdfaPay has secured a $5 million pre-Series A funding round led by OmanTel Innovation Labs, with...

EdfaPay Omantel Innovation Labs Fintech

Qatar

Qatar Development Bank announces key investments in Nybl, Wahed

Qatar Development Bank (QDB) has signed a strategic investment agreement with Saudi Arabia-based AI startup Nybl and the USA-HQ...

nybl Wahed QDB

Saudi Arabia

Saudi social network platform Bubbl raises $350,000 pre-Seed

Saudi Arabia-based social networking platform Bubbl has raised a $350,000 pre-Seed funding round led by angel investor Abdullah...

Bubbl social network

Saudi Arabia

EFG Hermes launches $300 million Saudi Education Fund, acquires Britus Education

Egypt’s EFG Hermes’s private equity arm has launched a $ 300 million Saudi Education Fund (SEF). The fund aims to build an...

EFG Hermes Saudi Education Fund SEF

Saudi Arabia

Tawaref series: Saudization, labour compliance simplified

In Saudi Arabia, businesses are required to comply with specific government regulations. A thorough understanding of these regulations is...

Tawaref

Saudi Arabia

Lean closes Series B at $67.5 million, bringing total funding to $100 million

Saudi Arabia-based fintech Lean Technologies has secured $67.5 million in Series B funding round, led by General Catalyst, with...

Lean Technologies General Catalyst Fintech

Saudi Arabia

Mush Social secures $1.2 million pre-Seed

Saudi Arabia-based Mush Social has secured $1.2 million in a pre-Seed round led by Nifal Consulting, with support from Nahr Al-Jazeera...

Mush Social Social App

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you