Wamda

Saudi Arabia

What's next for Saudi Arabia's booming VC sector?

Five years into the Saudi Vision 2030 programme, venture capital (VC) funding in Saudi Arabia has risen to an all time high with a recorded...

VC PIF Jada Fund of Funds

Saudi Arabia

Eltizam raises SAR 2.5 million for its insurance marketplace

Saudi Arabia-based insurance as a service (IaaS) platform Eltizam, has raised SAR2.5 million ($666,000) via crowdfunding platform...

Eltizam Insurance Scooper

Saudi Arabia

Qalam raises funds from Wadi Makkah Ventures

Saudi Arabia-based publishing platform Qalam, has raised an undisclosed sum from Wadi Makkah Ventures. With the fresh funds, the...

Qalam Publishing Wadi Makkah

Saudi Arabia

NearPay raises $2.1 million pre-Seed investment

Saudi Arabia-based fintech NearPay, has raised SAR8 million ($2.1 million) pre-Seed investment from a group of angel...

Fintech NearPay pre seed

Saudi Arabia

Gathern raises $6 million Series A led by STV

Saudi Arabia-based Gathern, a peer-to-peer (P2P) vacation rental marketplace has raised a $6 million Series A round led by STV with...

Gathern Series A

Saudi Arabia

Jahez considering IPO on Saudi's Nomu

Saudi Arabia-based food delivery startup Jahez is considering going public on Nomu, Saudi Arabia's secondary exchange for SMEs and...

Jahez Food delivery ipo

Jordan

ISSF invests $150,000 in Trteeb

Jordan’s ISSF has invested $150,000 in Jordan and Saudi Arabia-based Trteeb. The investment was made in January 2021. Trteeb is...

marketplace

Saudi Arabia

Sary raises $30.5 million Series B

Saudi Arabia-based B2B marketplace Sary has raised $30.5 million in a Series B round led by VentureSouq with participation from new...

SARY B2B e-commerce b2b

Saudi Arabia

Retailo raises $6.7 million seed round

Saudi Arabia-based B2B e-commerce marketplace Retailo, has raised a $6.7 million seed round, co-led by Shorooq Partners and Abercross...

Retailo seed b2b

Saudi Arabia

Quix raises $800,000 for its drone-based delivery platform

Saudi Arabia-based logistics and on-demand delivery platform Quix, has raised SAR 3 million ($800,000) pre-launch from over...

Quix Crowdfunding delivery solutions

Saudi Arabia

Nama Ventures launches $27 million fund to invest in Mena startups

Source: Arabian Business The nearly $27 million fund will be raised from high-net-worth-individuals, family offices, and institutional...

Nama Ventures seed startups

Saudi Arabia

Aramco’s Wa’ed signs agreement with Falak Investment Hub to increase Saudi startup funding

Saudi Arabia-based Falak Investment Hub has signed a memorandum of understanding (MoU) with Wa’ed, the entrepreneurship arm of...

StandUp Funding Saudi Arabia

Saudi Arabia

Garage raises $600,000 to fuel expansion

Saudi Arabia-based Garage has raised $600,000 (SAR 2.25 million) from a group of local angel investors. This brings the company's...

Garage app automotive Angel Investment

Saudi Arabia

Tamara raises $110 million in Series A round

Saudi Arabia-based Tamara, a buy now pay later (BNPL) startup, has raised $110 million in both debt and equity for its Series A round...

Buy now pay later BNPL Tamara

Saudi Arabia

NBM acquires 9 per cent DIGGIPACKS stake for SAR15 million

National Building and Marketing (NBM) has acquired a 9 per cent of stake in Saudi Arabia-based last mile delivery aggregator DIGGIPACKS in...

Diggiepack National Building and Marketing

Saudi Arabia

Hydrojeen raises pre-Seed funding

Saudi Arabia-based smart water monitoring app, has raised an undisclosed pre-Seed funding round from angel investor Muhammad Abdul Aziz...

Smart water monitoring solutions pre seed Muhammad Abdul Aziz Al-Arifi

Saudi Arabia

Prexle completes its $670,000 Seed round

Saudi Arabia-based fintech startup Prexle has raised SAR2.5 million ($670,000) in its Seed round led by several angel...

Prexle POS

Saudi Arabia

Falak awards cash prize to eight Mena startups

Saudi Arabia-based accelerator Falak Investment Hub, has graduated its second cohort of eight startups. Almost SAR 3.8 million was...

Falak investment hub acceleration

Saudi Arabia

Quantum raises $2.6 million Seed round

Saudi Arabia-based marketing platform, Quantum, has raised $2.6 million in a Seed round led by Tech Invest Com and Vision Ventures with...

Quantum seed

Saudi Arabia

Gazal raises $2 million Seed funding

Saudi Arabia-based micromobility startup Gazal has raised a $2 million (SAR 7.5 million) Seed funding round, led by angel investors and...

Gazal micromobility Seed funding

Saudi Arabia

DIGGIEPACKS raises $400,000 pre-Seed investment

Saudi Arabia-based last-mile and delivery aggregator DIGGIEPACKS, has raised a $400,000 pre-Seed funding round from YOUXEL Ventures,...

ديجيباكس سلسلة التوريد

Palestine

Kenz closes pre-Series A funding round

Palestine-based lingerie e-commerce startup Kenz has closed a six-figure pre-Series A funding round led by Ibtikar Fund with...

Start-up Kenz palestine

Saudi Arabia

Dailymealz raises $2 million in pre-Series A

Saudi Arabia-based food subscription startup, Dailymealz, has raised $2 million in a pre-Series A round led by Seedra Ventures and joined...

Dailymealz foodtech

Saudi Arabia

Zid raises $7 million Series A funding

Saudi Arabia-based e-commerce enablement platform Zid, has raised $7 million (SAR 26 million) in a Series A funding round, led by Global...

Zid ecommerce enablement Series A

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