Wamda

Bahrain

Glamera secures $350,000 investment through Beban TV show

During participation in the Beban TV show, Saudi Arabia-based SaaS platform Glamera raised a $350,000 investment from Hope Ventures, the...

Glamera Beban Hope Ventures

Saudi Arabia

CoreVision acquires VeFund to boost startup ecosystem

Saudi Arabia-based investment firm CoreVision has acquired a strategic stake in the Mena-focused investment management...

CoreVision VeFund

Saudi Arabia

Nybl, Basserah merge to expand their regional reach

Saudi data automation firm Basserah and UAE-based AI startup nybl have united to increase their presence in the region. Founded in...

nybl Basserah

Saudi Arabia

PhysioHome wraps up undisclosed Seed round

Saudi Arabia-based healthtech PhysioHome has wrapped up a Seed round for an undisclosed value, backed by unnamed angel...

PhysioHome healthtech

Saudi Arabia

PIESHIP raises undisclosed pre-Seed round

Saudi Arabia-based logistics startup PIESHIP has closed an undisclosed pre-Seed investment round by SEEDRA Ventures, Nama Ventures, and...

PIESHIP Nama Ventures Seedra Ventures

Saudi Arabia

Tawaref Series: an entrepreneur's journey in Saudi Arabia, from bootstrapping to big bucks

As an entrepreneur considering a landing in Saudi Arabia and the establishment of a company, a crucial decision awaits: whether to navigate...

Tawaref expanding to Saudi Arabia

Saudi Arabia

Saudi proptech Rize raises $2.9 million Seed round

Saudi Arabia-based proptech Rize, has raised a $2.9 million Seed round from Seedra Ventures, Hala Ventures, JOA Capital, RZM...

Rize Proptech Seedra Ventures

Saudi Arabia

Tawaref Series: navigating Saudi expansion

In today's interconnected global economy, tech entrepreneurs are continually exploring new frontiers to expand their businesses and...

Tawaref expanding to Saudi Arabia

Saudi Arabia

An introduction to the Tawaref series

Wamda has partnered up with Tawaref, a Saudi Arabia-based tech investment community that also provides startup advisory, legal consultancy...

Tawaref expanding to Saudi Arabia

Saudi Arabia

P2P car rental platform Ejaro raises $3.28 million pre-Series A round

Saudi Arabia-based P2P car rental platform Ejaro, has raised $3.28 million in a pre-Series A investment round, led by cooperative and...

Ejaro p2p car rental

Regional

Saudi edtech iStoria closes Seed round at $1.3 million

Saudi Arabia-based edtech iStoria, has raised $1.3 million in a Seed round from Nama Ventures, Classera, Flat6Labs, BIM Ventures, and...

iStoria Nama Ventures Classera

Saudi Arabia

Takadao raises new investment from Adaverse

Saudi Arabia-based fintech Takadao has raised an undisclosed investment from Adaverse. Founded in 2022 by Sharene Lee and Morrad...

Adaverse Takadao Fintech

Saudi Arabia

Aramco injects additional $4 billion into Aramco Ventures

Saudi Arabia’s oil giant, Aramco, has allocated an additional $4 billion to its global venture capital arm, Aramco...

Aramco Aramco Ventures

Saudi Arabia

Gaming platform Rize.gg raises $430,000 pre-Seed round

Saudi Arabia-based e-gaming startup Rize.gg has raised a $430,000 pre-Seed funding round, led by angel investors. Founded in 2022 by...

Rize.gg E-gaming

Saudi Arabia

Saudi Arabia’s Nawel closes $1 million Seed round

Saudi Arabia-based logistics solutions provider Nawel has closed a Seed round of $1 million, led by Nomad Holdings, with participation...

Nawel Nomad Holdings Logistics

Saudi Arabia

Saudi healthtech startup Clinicy raises Series A round

Saudi Arabia-based healthtech startup, Clinicy, has raised a seven-figure Series A round, led by Middle East Venture Partners...

Clinicy

Saudi Arabia

Tameed closes $15 million Series A from Alromaih Investments

Saudi Arabia-based fintech Tameed has raised $15 million in a Series A round, led by Alromaih Investments. Founded in 2019 by Mohammed...

Tameed Fintech

Lebanon

Jedo acquires Jump-in App to penetrate Saudi market

Lebanon-founded and Netherlands-based travel app Jedo has acquired the Saudi app Jump-in for an unknown amount. Founded in 2022 by...

Jedo Jump-in App Tourism

Global

Aramco’s Prosperity7 Ventures leads China’s Cispoly $14 million Series B round

Prosperity7 Ventures, a $1 billion growth-stage fund of Saudi energy and petrochemical enterprise Aramco, has led a $14 million series B...

Aramco

Saudi Arabia

Riyadh Valley Company invests in IMPACT46 Fund III

Saudi Arabia’s Riyadh Valley Company, the investment arm of King Saud University, has pledged an undisclosed investment in...

Impact46 Riyadh Valley Company IMPACT46 Fund III

Saudi Arabia

Singapore’s Golden Gate Ventures opens first Mena office in Saudi Arabia

Golden Gate Ventures, a Singapore-based venture capital fund, has established an office in Saudi Arabia, as part of its expansion...

Golden Gate Ventures

Saudi Arabia

Tabby announces pre-IPO $700 million debt facility from J.P. Morgan

UAE-founded and Saudi Arabia-headquartered fintech Tabby has secured a $700 million debt financing round from J.P. Morgan, ahead of its...

Tabby

Saudi Arabia

Soum raises $18 million Series A round led by Jahez

Saudi Arabia-based re-commerce marketplace Soum, has raised $18 million in Series A funding in a round led by Jahez, with...

Recommerce re-commerce Soum

Saudi Arabia

Saudi fintech Hakbah raises $5.1 million Series A

Saudi Arabia-based fintech Hakbah, has raised $5.1 million in Series A funding, bringing the company’s funding raised to date to...

Hakbah VentureSouq Fintech

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