Wamda

Saudi Arabia

TGE raises $450,000 investment from Adaverse

Saudi Arabia-based Web3 provider Tharawat Green Exchange (TGR) has raised $450,000 in investment from Adaverse, a Saudi Web3 and...

TGE Tharawat Green Exchange Adaverse

U.A.E

invygo pursues profitability after raising $8 million Series A extension

Saudi Arabia-headquartered mobility startup invygo has raised an $8 million Series A extension provided by STV’s newly launched...

Invygo STV mobility

Saudi Arabia

HALA Payments joins Saudi Unicorns Programme

Saudi Arabia-based fintech HALA Payments has been selected to join the Saudi Unicorns Programme. Through the Saudi Unicorns...

HALA Payments Fintech Saudi Unicorns Programme

Saudi Arabia

Saudi B2B fintech Mala secures $7 million pre-Seed

Saudi Arabia-based fintech Mala has closed a $7 million pre-Seed funding round, led by VentureSouq and Shorooq Partners, as well as M...

Mala Fintech Venture Souq

Saudi Arabia

Tawaref series: A step-by-step guide to Saudi Iqama process

Throughout this article series, we have discussed several key processes a foreign investor who dreams of opening a business in Saudi Arabia...

Tawaref

Saudi Arabia

JARAS Hospitality secures $666,000 pre-Seed

Saudi Arabia-based JARAS Hospitality has closed a $666,000 pre-Seed, led by undisclosed angel investors. Founded in 2023 by Ahmed Al...

JARAS Hospitality hospitality

Saudi Arabia

SVC pledges $15 million to Vision Ventures' Saqr Fund II

Saudi Venture Capital (SVC) has invested $15 million in Vision Ventures' Saqr Fund II venture capital fund. Saqr Fund II, with a...

Vision ventures SVC Saqr Fund II

Saudi Arabia

Jetapult pumps $4.5 million in Saudi game studio UMX

Saudi Arabia-based game studio UMX has raised $4.5 million from Jetapult, an investment company backed by Accel Partners. As part of...

UMX Studio Jetapult Gaming

Saudi Arabia

Tawaref acquires Amaana.ai to bolster MENA tech community

Saudi Arabia-based investment community Tawaref has acquired Amaana.ai, a Saudi company facilitating business entry into Saudi Arabia,...

Tawaref Amaana.ai

Saudi Arabia

SWVL joins Saudi Arabia's regional headquarters scheme

The mobility giant Swvl has joined Saudi Arabia's Regional Headquarters (RHQ) Programme and launched its HQ in the Saudi capital of...

Swvl mobility

Saudi Arabia

Saudi edtech AILA closes $1.15 million pre-Seed round

Saudi Arabia-based edtech startup AILA has closed a $1.15 million pre-seed funding round, led by Sabah Hub with the participation of...

AILA EdTech

Egypt

Egypt's WellPal relocates to Saudi Arabia with fresh funding in hand

Egyptian e-commerce platform for health products, WellPal, has relocated to Saudi Arabia after securing an undisclosed investment round...

WellPal E-commerce health and fitness

Saudi Arabia

Yamm secures pre-Seed round led by Flat6Labs

Saudi Arabia-based logistics startup Yamm has closed its pre-Seed funding round at an undisclosed amount. The round is led by...

Yamm Flat6Labs Logistics

Saudi Arabia

Ejari raises $14.65 million in debt-equity Seed round

Saudi Arabia-based proptech Ejari has closed a $14.65 million seed round, which consists of a mix of debt and equity, led by Partners...

Ejari Proptech Partners for Growth

Egypt

Saudi q-commerce Nana acquires Rasseed app

Saudi Arabia-based dark store grocery delivery startup Nana has acquired Rasseed application for an undisclosed value. Founded in 2016...

Nana Raseedi

Saudi Arabia

Saudi Arabia’s Quantum raises investment from HearstLab

Saudi Arabia-based adtech Quantum has secured funding as part of its $7 million Pre-Series-A round from HearstLab, the investment arm of...

Quantum HearstLab adtech

Saudi Arabia

Al Menu raises $10 million to boost operations in Saudi Arabia

Saudi Arabia-based F&B SaaS provider Al Menu has closed a $10.12 funding round, led by Al Majdiah Investment and other...

Al Menu SAAS f&b

Saudi Arabia

Tawaref series: What you need to know about Saudi specialised licences

We have already discussed the types of business Licences offered to foreign investors who wish to expand operations in Saudi Arabia....

Tawaref

Saudi Arabia

Mila Celebrations raises $227,000 pre-Seed

Saudi Arabia-based event planning platform Mila Celebrations has raised $227,000 in a pre-Seed round from angel...

Mila Celebrations

Saudi Arabia

Merak Capital invests $82.8 million in SHIFT to spur its growth

Saudi Arabia-based mobility startups SHIFT has raised $82.8 million in investment from Merak Capital. Founded in 2017 by Khalid...

Shift mobility

Saudi Arabia

Darent closes a Seed round led by Al Tawuniya Insurance

Saudi Arabia-based proptech Darent has closed an undisclosed Seed funding round, led by Al Tawuniya Insurance, with participation from...

Darent Tawuniya Insurance Proptech

Saudi Arabia

UmrahCash secures $500,000 investment from Adaverse

Saudi Arabia-based fintech for Umrah and Hajj UmrahCash has secured a $500,000 investment from Adaverse. Founded in 2024 by...

UmrahCash Adaverse

Saudi Arabia

Tawaref series: Company formation in Saudi from A to Z

After understanding the types of licences, and attestation processes, it's time to move on to the actual company formation. Starting a...

Tawaref oped

Saudi Arabia

Saudi proptech HissaTech raises $670,000 pre-Seed

Saudi Arabia-based proptech HissaTech has raised $670,000 in a pre-Seed round, led by unnamed angel investors. Founded in 2024 by Ali...

Hissatech Proptech

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