Wamda

Saudi Arabia

Saudi agritech Red Sea Farms expands into US

Saudi Arabia-based agritech Red Sea Farms is expanding to the US, following an investment from US investors AppHarvest and Bonaventure...

agritech Red Sea Farms

Saudi Arabia

Saudi fintech Sanad Cash raises $1.6 million Seed round

Saudi Arabia-based on-demand payment Platform Sanad Cash, Inc. has raised a $1.6 million Seed round with participation from Impact46...

Sanad Cash Impact46

Saudi Arabia

Saudi Arabia's cloud kitchen Creative+ raises $2 million

Press release: Creative+ Cloud Kitchen announced the closure of its first investment rounds worth more than $2 million, with the...

Creative+ cloud kitchen

Saudi Arabia

Legends Gaming raises $1.2 million via Scopeer

Saudi e-gaming marketplace Legends Gaming has secured SAR 4.5 million ($1.2 million) from 674 investors via crowdfunding platform...

Legend Gaming Scopeer

Saudi Arabia

Lean raises $33 million in round led by Sequoia Capital

Saudi Arabia-based fintech Lean Technologies has raised $33 million in a Series A round led by Sequoia Capital India, marking the US...

Lean Technologies Open banking Sequoia Capital

Saudi Arabia

Penny pushes into global e-procurement market

Procurement remains a largely offline and fragmented endeavour, but over the past couple of years, digital solutions have grown...

B2B e-commerce Penny SAAS

Saudi Arabia

Saudi Arabia’s Lucidya raises $6 million in second funding round

Saudi-based SaaS platform Lucidya has raised its second round of funding of $6 million, led by Rua Growth Fund with participation...

Lucidya SAAS

Saudi Arabia

Wamda participates in Penny Software's $5 million Seed round

Wamda has participated in KSA-based Penny Software's $5 million Seed round, which was led by Outliers Venture Capital, and with...

Saudi Arabia

Saudi Arabia’s Squadio raises Seed round from SEEDRA Ventures

Saudi Arabia-based HR platform Squadio, has raised its Seed funding round from Riyadh-based SEEDRA Ventures. Founded in 2019 by Khaled...

Squadio Seedra Ventures

Saudi Arabia

Dawul raises $5 million in Seed round led by RAED Ventures

Saudi Arabia-based social trading platform Dawul has raised $5 million in a Seed round led by RAED Ventures with participation from...

Dawul Raed Ventures Seedra Ventures

Saudi Arabia

FOODICS acquires Jordan's POSRocket

Saudi Arabia-based fintech and foodtech startup FOODICS has fully acquired the Jordan-based POS service provider POSRocket for an...

Foodics posrocket

Saudi Arabia

Jahez lists on Nomu with market cap of $2.4 billion

Saudi Arabia-based food ordering platform Jahez has officially listed on Saudi Exchange’s Parallel Market (Nomu), with a market...

Jahez

Saudi Arabia

Saudi startup Kleen raises $533,000 pre-Seed round

Saudi Arabia-based laundry services provider Kleen has closed a SAR2 million ($533,000) a pre-Seed round with the participation of Share...

Kleen Share Investment

Saudi Arabia

Riyadh-based Shuttle raises $1 million led by Impact46

Saudi Arabia-based freight and logistics startup Shuttle has closed a SAR3.75 million ($1 million) Bridge to Seed round led by Impact46...

Shuttle Impact46

Saudi Arabia

Jahez sets final offer price for IPO at $226 per share

Saudi online food delivery platform Jahez has announced its initial public offering price on the Saudi parallel exchange market Nomu at...

Jahez

Saudi Arabia

Sary raises $75 million Series C round

Saudi Arabia B2B e-commerce marketplace Sary has raised SR281 million ($75 million) in a Series C round led by Sanabil...

SARY B2B e-commerce

Saudi Arabia

Rodha app raises $400,000

Saudi Arabia-based foodtech startup Rodha, has raised SAR 1.5 million ($400,000) via crowdfunding platform Scopeer. Founded by...

Rodha app Scopeer

Global

Telfaz11 acquires indie film company Last Scene Films

Saudi entertainment group Telfaz11 has acquired Riyadh-based independent production house Last Scene Films. Founded by Mohammed...

Entertainment tech Telfaz11

Saudi Arabia

NQOODLET raises $1 million in pre-Seed

Riyadh-based fintech NQOODLET, has raised $1 million in its pre-Seed round led by angel investor Yaser Alghamdi, with...

Saudi Arabia NQOODLET

Saudi Arabia

Lamaa secures $5.5 million Seed round co-led by Wa’ed

Riyadh-based fintech Lamaa has secured a $5.5 million Seed round led by Raed Ventures and Saudi Aramco’s entrepreneurship arm,...

Lamaa Fintech

Saudi Arabia

Dallali secures first investment round

Riyadh-based proptech Dallali has raised its first investment round led by AlRamz Real Estate Company and local angel...

Dallali Saudi Arabia

Saudi Arabia

Jahez plans IPO on Nomu

Saudi Arabia-based food ordering platform Jahez is planning to proceed with an initial public offering (IPO) on Nomu, the Saudi...

Jahez Nmou

Saudi Arabia

Raseed closes $1.1 million investment round led by Impact46

UAE-based investment platform Raseed has raised $1.1 million in a pre-Seed round led by Impact46 with participation from Oqal Angel...

Raseed Impact46

Egypt

Egypt’s Homzmart expands to Saudi Arabia

Cairo-based furniture marketplace Homzmart, has announced the expansion of its operations into Saudi Arabia. Founded in...

Homzmart furniture Expansion

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