Wamda

Saudi Arabia

Wa’ed Ventures invests in Roots Ventures

Wa’ed Ventures, the VC arm of Aramco, has invested in Revival Lab to launch its venture builder Roots Ventures. The investment...

Wa'ed Vnetures Roots Ventures Aramco

Global

Wa’ed invests in PASQAL’s $108 million Series B

Wa’ed Ventures, the Saudi Aramco Entrepreneurship Centre (Wa'ed), has invested in a $108 million Series B for French...

Wa'ed Vnetures

Saudi Arabia

Matbakhi raises $2.3 million pre-Seed round

Saudi Arabia-based foodtech startup Matbakhi, has raised a $2.3 million pre-Seed round led by Bugshan Investment Company along with an...

Matbakhi

Saudi Arabia

Saudi Arabia’s Sandsoft Games invests $3.25 million in The Tiny Digital Factory

Saudi Arabia-based Sandsoft Games, a mobile-first game developer, publisher and investor, has invested $3.25 million in The Tiny Digital...

The Tiny Digital Factory Sand Soft Games

Saudi Arabia

DAAL Ventures invests in Mexico’s Pulppo

Saudi Arabia-based VC DAAL, has taken part in the $5 million Seed funding round of Mexico-based proptech Pulppo alongside Y Combinator,...

Daal Ventures Pulppo Proptech

Saudi Arabia

Q-commerce startup Ninja raises pre-Seed round

Saudi Arabia-based quick commerce startup Ninja, has raised a pre-Seed round led by Bunat Ventures, along with multiple VCs from the...

Ninja q-commerce

Saudi Arabia

Growth Avenue Company acquires 20 per cent stake in SororApp

Growth Avenue Company has acquired a 20 per cent stake in Saudi Arabia-based on-demand delivery app SororApp, for an undisclosed...

SororApp Delivery Growth Avenue Company

Saudi Arabia

Crowdfunding platform Manafa secures $28 million Series A round

Saudi Arabia-based fintech Manafa, has closed its Series A funding of $28 million (SAR106 million), led by STV and Wa’ed Ventures,...

Manafa Wa'ed Vnetures Series A

Saudi Arabia

AtarCloud raises $1.3 million Seed round

Saudi Arabia-based proptech AtarCloud has closed a $1.3 million Seed investment round with the participation of BIM Ventures along with...

AtarCloud Proptech BIM Ventures

Saudi Arabia

Revival Lab leads $13.6 million round through United Investments partnership

Saudi Arabia-based venture builder Revival Lab, has signed an investment partnership worth SAR50 million ($13.6 million) with United...

Revival Lab Saudi Arabia cloud kitchen

Egypt

Saudi-based Jumlaty and Egypt’s Appetito merge into new entity, NOMU

Saudi-based grocery delivery startup Jumlaty and Egyptian counterpart Appetito have announced their merger to create a new company,...

Jumlaty Appetito

Regional

Revival Lab launches $40 million fintech-focused VC builder and fund

Saudi Arabia-based Revival Lab will establish “Fin-tactics Ventures", a venture builder specialised in fintech, insuretech...

Revival Lab Fin-tactics Ventures

Egypt

Morni invests $10 million in Egypt to acquire mobility startups

Saudi Arabia-based mobility solutions platform Morni is planning to invest $10 million to target new acquisitions in Egypt in the...

Morni Exists.me

Saudi Arabia

Why are Chinese investors and startups so excited about Saudi Arabia?

Over the past decade, technological advancements have shifted from the powerhouses of the US and Europe to China and India, where...

china

Saudi Arabia

Saudi Jahez acquires The Chefz for $172.9 million

Saudi Arabia-based food delivery app Jahez has fully acquired The Chefz, a Saudi Arabia-based dessert delivery platform for $172.9...

Jahez The Chefz Food delivery

Saudi Arabia

Startup advice: How to set up a business in Saudi Arabia

Paul Arnold is the managing director at Sovereign PPG Saudi Arabia, a provider of corporate and trusts services What are the...

startup advice

Saudi Arabia

Saudi edtech Jeel raises $1.1 million Seed from EdVentures

Saudi Arabia-based edtech for pre-schoolers has raised a $1.1 million Seed round from EdVentures, the VC arm of Egypt-based Nahdet Misr...

Jeel EdVentures EdTech

Saudi Arabia

DataLexing raises $3 million seed round led by Sadu Capital

Saudi Arabia-based productivity platform DataLexing, has raised $3 million in a Seed round led by Sadu Capital, with participation from...

DataLexing data driven Sadu Capital

Saudi Arabia

Order raises $1 million pre-Seed round

Saudi Arabia-based SaaS startup Order, has raised $1 million in a pre-Seed funding round, led by several angel investors. Founded in...

Order SAAS f&b

Saudi Arabia

Okadoc announces initial close of pre-series B led by IGan Partners

UAE-based healthtech Okadoc, has finished the first close of its pre-series B funding round at $10 million, led by IGan Partners, new...

Okadoc healthtech

Saudi Arabia

Saudi edtech Shaguf raises $400,000 pre-Seed round

Saudi Arabia-based edtech Shaguf, has raised $400,000 in a pre-Seed round from angel investors. Founded in September 2021 by Ahmed...

Shaguf EdTech

Saudi Arabia

Saudi Central Bank launches open banking framework

The Saudi Central Bank (SAMA) has issued its open banking framework, a set of legislation, regulatory guidelines and technical standards...

Open banking Fintech

Saudi Arabia

Slide raises $1.75 million pre-Seed round

Saudi Arabia-based SaaS platform Slide has raised $1.75 million in pre-Seed funding from Unifonic's investment arm, UnifonicX, and...

Slide SAAS UnifonicX

Saudi Arabia

SVC invests $10 million in Afiyah Fund

Fund-of-funds Saudi Venture Capital (SVC), has invested $10 million in TVM Capital Healthcare’s Afiyah Fund to invest in...

SVC

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