Wamda

Saudi Arabia

OQAL launches Shari’ah-compliant OQAL Note to fund early-stage startups

OQAL, an angel investors network in Saudi Arabia and Bahrain, in collaboration with the Saudi Venture Capital and Private Equity...

Oqal OQAL Note

Saudi Arabia

Saudi NFT platform Nuqtah closes pre-Seed

Saudi Arabia-based NFT marketplace Nuqtah has closed its pre-Seed round led by Shorooq Partners and joined by strategic angel investors....

Nuqtah NFT

Saudi Arabia

BLOMINVEST partners with Flat6Labs to fund Saudi startups

Saudi Arabia-based asset manager BLOMINVEST has partnered with Egypt’s Flat6Labs to launch a fund targeting early-stage startups...

BLOMINVEST Flat6Labs

Saudi Arabia

Rasan raises $24 million for its Tameeni insurance platform

Saudi Arabia-based insurtech startup Rasan has raised SAR 90 million ($24 million) for its Tameeni platform in a round led by Impact46,...

Rasan Insurtech Fintech

Saudi Arabia

n.go raises $1.8 million in first funding round

Saudi Arabia-based ordering platform for takeaways n.go, has closed its first investment round of $1.8 million (SAR7 million), led...

n.go e-delivery

Saudi Arabia

Saudi edtech AlGooru raises $600,000 pre-Seed funding

Saudi Arabia-based edtech AlGooru has raised $600,000 in a pre-Seed funding round from Nawa Co, Oqal Angel Network and...

AlGooru EdTech Nawa Co

Saudi Arabia

Qreeb raises $506,600 Seed round

Saudi Arabia-based B2B e-procurement and facility platform Qreeb, has raised SAR 1.9 million ($506,600) from Wa’ed, the...

Wa'ed

Saudi Arabia

HealTec raises $1.2 million Seed round

Saudi Arabia-based B2B healthtech startup HealTec, has raised a $1.2 million Seed round, led by Nour Nouf Ventures (NNV), a...

healthtech

Saudi Arabia

Car rental platform Telgani closes $2.5 million pre-Series A led by Impact46

Saudi Arabia-based car rental and mobility startup Teglani, has raised $2.5 million in a pre-Series A round led by Impact46 with...

Telgani mobility

Saudi Arabia

3D printing startup Immensa raises $7 million Series A round

Saudi Arabia-based 3D printing startup Immensa has raised $7 million in a Series A funding round, structured by Gate Capital, and led by...

immensa 3d printing

Saudi Arabia

Raed Ventures announces Wael Nafee as new partner

Saudi Arabia-based VC firm Raed Ventures has named Wael Nafee as a new partner in its fund. Wael joins Raed after having served Careem...

Raed Ventures Wael Nafee

Egypt

US-based TachyHealth raises seven-figure Seed from regional investors

Jordan's Propeller Inc, the Oman Technology Fund- Wadi (OTF Wadi), Jordinvest, and an insurance company out of Saudi Arabia have...

TachyHealth healthtech

Saudi Arabia

Saee plans IPO on Nomu

Saudi Arabia-based last-mile delivery startup Saee is planning to offer an initial public offering (IPO) next year on Nomu, Saudi...

Saee Last-mile delivery Nmou

Saudi Arabia

The slow rise of deeptech in Saudi Arabia

As the Saudi startup scene continues to set records, business models around advanced technologies or deeptech, are beginning to take...

deeptech

Saudi Arabia

Express Wash, Dealcom raise funding via Scopeer

Saudi Arabia-based on-demand auto wash services provider Express Wash, and B2B procurement-to-pay (P2P) and marketplace Dealcom have raised...

b2b Dealcom Scopeer

Saudi Arabia

Glance Care raises seven-figure Seed round

Saudi-based Healthtech and digital consultation platform Glance Care has raised an undisclosed seven-figure Seed round led by the...

Glance Care

Saudi Arabia

Uber, Careem face $100 million tax bill in KSA

Uber and its Dubai-based subsidiary Careem are facing a combined tax bill worth $100 million imposed by the Saudi authorities according...

Uber careem Fetcher

Saudi Arabia

Saudi Arabia telehealth Cura closes $4 million Series A

Saudi Arabia-based telehealth startup Cura has closed SAR15 million ($4 million) Series A investment from ELM and Wa'ed (the...

Cura Wa'ed ELM

Saudi Arabia

Khwarizmi Ventures announces first close of sector-agnostic fund

Saudi Arabia-based venture capital fund, Khwarizmi Ventures, has announced the first closing of its fund at $63 million. The VC,...

Khwarizmi Ventures

Saudi Arabia

UAE-based cloud kitchen kaykroo expands operations into Saudi Arabia

UAE-based cloud kitchen kaykroo has expanded its services to Riyadh in Saudi Arabia. Launched in September 2020 by Jihad El-Eit and...

kaykroo foodtech cloud kitchen

Saudi Arabia

Saudi Arabia’s OTO raises $3 million Seed funding

Saudi Arabia-based SaaS startup OTO has raised a $3 million Seed round from MEVP & Derayah Capital. Founded in 2019 by...

OTO SAAS Shipping

Saudi Arabia

Foodtech Siwar raises $7.5 million Series A round led by Seera Group

Saudi Arabia-based food tech startup Siwar has raised SR28 million ($7.45 million) in a Series A round, led by travel and tourism...

Siwar Seera group

Saudi Arabia

Saudi fitness app Rumbl raises $1.07 million Seed funding

Saudi Arabia-based health and fitness startup Rumbl has raised $1.07 million (SAR4 million) in a Seed funding round led by...

Rumbl fitness Health

Saudi Arabia

Mohtwize receives $507,000 capital investment from Wa’ed

Riyadh-based podcast platform Mohtwize has received $507,000 (SAR1.9 million) venture capital investment from Wa'ed, the...

Mohtwize podcast

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