Wamda

Saudi Arabia

Saudi Aramco's Wa'ed invests in WakeCap

Saudi Arabia-based construction technology (contech) startup WakeCap has raised investment from Wa’ed, the Saudi Aramco...

Aramco WakeCap

Saudi Arabia

B2B marketplace Lawazem raises $1.3 million Seed

Saudi Arabia-based B2B marketplace Lawazem has raised $1.3 million in a Seed round, led by Merak Capital, with participation from Merced...

Lawazem

Saudi Arabia

Proptech Gathern closes pre-Series B round

Saudi Arabia-based peer-to-peer rental platform Gathern, has closed its pre-Series B round, led by Shurafa Real Estate Development...

Gathern Proptech Shurafa Real Estate Development

Egypt

Saudi GLT Express acquires Egypt’s Gallop Express

Saudi Arabia-based logistics company GLT Express has acquired Gallop Express, an Egyptian logistics startup for an undisclosed...

Gallop Express GLT Express GLT Holdings

Saudi Arabia

Beauty platform Kaya raises $2.6 million Seed round

Saudi Arabia-based beauty e-commerce platform Kaya, has raised a $2.6 million Seed round from Revival Lab, with participation from...

Kaya cosmetics Beauty

Saudi Arabia

Flat6Labs, SVC launch $40 million startup Seed fund in Saudi Arabia

The Saudi Venture Capital Company (SVC) has partnered with Flat6Labs to launch the “Startup Seed Fund” and Flat6Labs Riyadh...

Startup Seed Fund Flat6Labs SVC

Saudi Arabia

SVC invests in Sadu Capital's $27 million B2B-focused fund

Saudi Venture Capital (SVC) has invested in Sadu Capital's $27 million VC fund focused on supporting and nurturing the...

Sadu Capital SVC

Saudi Arabia

AstroLabs Showcase series launches in Riyadh

UAE-based technology ecosystem builder AstroLabs has launched its first edition of the ‘AstroLabs Showcase’ series in Riyadh...

Astrolabs

Saudi Arabia

Saudi Tygo raises $1.8 million Seed round

Saudi Arabia-based telecommunications services and marketing platform Tygo, has raised a $1.8 million Seed round, led by Jawla...

Tygo Telecommunication BIM Ventures

Saudi Arabia

What we learned at the Global Entrepreneurship Congress in Riyadh

For the past few years, Saudi Arabia has done an exceptional job of reforming its business processes and boosting entrepreneurship in the...

GEC GEN

Saudi Arabia

Saudi foodtech Haseel closes $6.6 million Series A funding

Saudi Arabia-based footech Haseel has raised a $6.6 million Series A funding round led by Vision Ventures, with participation from Arzan...

Saudi Arabia Haseel

Egypt

Rabbit to invest $60 million in Saudi Arabia

Egypt-based quick commerce (q-commerce) startup Rabbit, has announced it is planning to invest $60 million in Saudi Arabia over the next...

Rabbit q-commerce

Saudi Arabia

Saudi Lendo obtains SAMAs's crowdfunding licence

Saudi Arabia-based fintech Lendo, has obtained Saudi Central Bank’s (SAMA) licence to operate as a Shari'ah-compliant debt...

Lendo Crowdfunding

Saudi Arabia

DailyMealz raises $5.3 million pre-Series A round

Saudi Arabia-based healthy food delivery app DailyMealz, has raised SAR 20 million ($5 million) in a pre-Series A round, with...

Dailymealz

Saudi Arabia

Saudi proptech Darent raises $1 million pre-Seed round

Saudi Arabia-based proptech Darent has raised $1 million in a pre-Seed round led by Watheeq Proptech Venture with the participation of...

Darent Proptech Watheeq

Saudi Arabia

Investment initiatives worth $4.2 billion announced at GEC Riyadh

Investment initiatives valued at $4.2 billion were announced at the Global Entrepreneurship Congress (GEC), held in Riyadh under the...

Saudi Arabia GEC Start-up

Saudi Arabia

Micromobility startup SPIDERS raises $1.4 million

Saudi Arabia-based micromobility startup SPIDERS, has raised a $1.4 million pre-Seed round led by Watheeq Capital. Founded in 2021 by...

SPIDERS micromobility

Pakistan

Saudi Sary expands to Pakistan with investment in B2B e-commerce Jugnu

Saudi Arabia-based e-commerce platform Sary, has expanded to Pakistan, by leading the investment round in Pakistan-based B2B e-commerce...

SARY Jugnu E-commerce

Saudi Arabia

The digital payment opportunity in Saudi Arabia

When Muhannad Ebwini launched payment gateway HyperPay in Jordan back in 2014, e-commerce accounted for just 1.5 per cent of total retail...

hyperpay

Saudi Arabia

Carasti expands to KSA following $2 million bridge round

UAE-based mobility platform Carasti, has announced its expansion to Saudi Arabia following a $2 million bridge round from Net Ventures...

Carasti

Saudi Arabia

Saudi fintech Arib raises $2.3 million Seed

Saudi Arabia-based fintech Arib, has raised $2.3 million in a Seed round, led by Merak Capital, with participation from angel...

Saudi Arabia fin-tech

Saudi Arabia

COFE acquires Saudi Arabia's Kaffeen

UAE-based online coffee marketplace COFE App has acquired Saudi Arabian app Kaffeen, as it looks to fuel its regional...

Kaffeen COFE

Saudi Arabia

Malaa Technologies raises $1.7 million Seed round

Saudi Arabia-based fintech Malaa Technologies, has raised $1.7 million in its Seed round with participation from Impact46, Khawarizmi...

Malaa Impact46 Khawarizmi

Saudi Arabia

Saudi AlGooru acquires edtech ChillLearn

Saudi Arabia-based edtech AlGooru has announced the acquisition of Jeddah-based ChillLearn for an unknown amount. Founded in 2019 by...

AlGooru ChillLearn EdTech

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