Saudi Arabia Rewaa closes $27 million Series A round led by Wa'ed Saudi Arabia-based full-stack inventory management platform Rewaa has raised $27 million (SAR100 million) in a Series A funding round,... News • 29 August, 2023 waaed STC Ventures Rewaa
U.A.E Compareit4me.com raises $3.5M Comparison site Compareit4me.com announced today securing $3.5 million from existing investors including Wamda Capital, STC Ventures, Dubai... Staff writer • 24 May, 2017 Compareit4me.com Investment Wamda Capital
Regional Middle East Investment Summit explores MENA's VC trends With the largest B round funding in the history of the Middle East tech ecosystem (41 million dollars for Fetchr) and Amazon’s... Elias Jabbe • 23 May, 2017 Middle East Investment Summit Fetchr Angus Paterson
Saudi Arabia Saudi VCs: where we are, where we’re going [Opinion] “We do not have enough venture capital investors in Saudi”, is a common theme heard from entrepreneurs across the kingdom.... Abdullah Altamami • 12 February, 2017 Venture Capital VC Tadawul
U.A.E Compareit4me closes $2.4M funding round The financial comparison site Compareit4me.com has closed a funding round of $2.4 million. According to a statement released by the... Lucy Knight • 26 September, 2016 Investment Compareit4me.com Wamda Capital
Regional Car-hailing app Careem raises $60M Series C [Editor's note: This article has been updated to include details about Careem's peak pricing change.] Middle East-founded... Rachel Williamson • 10 November, 2015 Wamda Capital Lumia Capital Abraaj Group
Regional Abraaj closes $375m North Africa fund The Abraaj Group has closed its second north Africa-focused fund, but the financial gap between early-stage investments and the $10... Rachel Williamson • 25 August, 2015 series B Leap Ventures Sawari Ventures
Saudi Arabia Saudi telco STC launches accelerator and incubator Between August and September, Saudi Telecom Company (STC) will launch InspireU, an accelerator and incubator aimed at developing young... Reine Farhat • 05 July, 2015 riyadh Demo Day incubators
Turkey Turkey's Modanisa Islamic fashion ecommerce announces $5.5M investment led by STC Ventures Last week, Modanisa.com, an Islamic clothing ecommerce website based in Turkey, announced the conclusion of a $5.5 million investment from... Wamda • 02 March, 2015 citrastyle modanisa ifash
Saudi Arabia Careem raises $10M led by Saudi Al Tayyar Group Careem, the Dubai-based ride sharing service a la Uber, announced yesterday that it has raised $10 million investment in a round, led... Maya Rahal • 04 December, 2014 Al Tayyar Group careem Car Service
Gengo Secures $12 million Investment by Intel Capital, Atomico, STC Ventures, Others On the heels of STC Ventures’ investment in Acadox last week, Gengo, a global translation platform, has secured $12 million in i... Nina Curley • 25 April, 2013 Translation STC Ventures Investment
STC Announces First Investment in Saudi-Based Education Platform Acadox STC Ventures, the venture capital arm of Saudi Telecom Company (STC), has announced investment in Acadox, a Saudi Arabia-based... Nina Curley • 18 April, 2013 STC Ventures E-Learning Investment