Wamda

Saudi Arabia

Saudi fintech Spare raises $3 million to fuel expansion

Saudi Arabia-based fintech startup Spare has raised a $3 million round led by Vision Ventures with participation from Wa'ed...

spare Fintech Open banking

Saudi Arabia

Saudi Arabia’s Velents raises Seed round

Saudi Arabia-based HRtech Velents, has closed a Seed round for an undisclosed amount, led by A15 with participation from Nibras Capital,...

Velents HRtech A15

Saudi Arabia

Jada Fund of Funds invests in Iliad Partners Tech Ventures Fund I

Jada Fund of Funds, a subsidiary of Saudi Arabia's Public Investment Fund (PIF), has invested in Iliad Partners Tech Ventures Fund...

Jada Fund of Funds

Saudi Arabia

Tamara raises $340 million Series C round at over $1 billion valuation

Saudi Arabia-based buy now pay later (BNPL) startup, Tamara, has raised a $340 million Series C round at a valuation of over $1...

Tamara

Saudi Arabia

Saudi Arabia’s Pd7 raises $1 million to fuel expansion

Saudi Arabia-based sports startup Pala De 7 (Pd7) has raised SAR 3,750,000 ($1 million) in investment, led by Grintafy, AlTahan and...

Pala De 7 Pd7 Grintafy

Saudi Arabia

Naeem closes pre-Seed round led by Lunment

Saudi Arabia-based SaaS platform for the salon and beauty sector, Naeem, has closed a pre-Seed round for an unknown amount, led by...

Naeem Lunment Self Care

Saudi Arabia

Lendo raises $28 million Series B led by Sanabil Investments

Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B...

Lendo Shariah-compliant

Saudi Arabia

Pure Harvest acquires Red Sea’s production facility in Saudi Arabia

UAE-based agritech Pure Harvest Smart Farms has announced the acquisition of Red Sea’s controlled-environment agriculture (CEA)...

Red Sea Farms Pure Harvest Smart Farms

Saudi Arabia

Blink closes $2.1 million Seed round to enhance presence in Saudi Arabia

Saudi Arabia-based SaaS startup Blink has closed a $2.1 million Seed funding round with participation from 500 Global and Global...

Blink SAAS Saad Hariri

Saudi Arabia

Omniful raises $5.85 million Seed for Mena expansion

Saudi Arabia and UAE-based supply chain and e-commerce enablement startup Omniful has raised a $5.85 million Seed round, led by...

Omniful E-commerce VentureSouq

Saudi Arabia

B2B marketplace Retailo raises $15 million to accelerate expansion

Retalio, a Saudi Arabia-based B2B e-commerce company, has raised $15 million from a group of new investors, including Yusuf Bin Kanoo...

Retailo

Saudi Arabia

Tamara secures additional debt financing of $250 million

Saudi Arabia-based fintech Tamara has secured an additional $250 million in debt financing, bringing its total warehouse facility to up...

Tamara BNPL Fintech

Saudi Arabia

Saudi fintech LYNK raises new round of investment

Saudi Arabia-based fintech LYNK has raised an investment round from Al Fozan Holding and Ramla Holding Group. The amount raised was not...

LYNK Fintech Al Fozan Holding

Egypt

VMS invests in Egyptian edtech Akhdar

Egypt-based edtech Akhdar has raised a six-figure round from Saudi Arabia-based venture studio Value Maker Studio (VMS). The goal of...

Akhdar VMS

Saudi Arabia

COGNNA closes $2.25 million Seed round led by IMPACT46

Saudi Arabia-based cybersecurity startup COGNNA has closed a $2.25 million Seed round, led by IMPACT46, with participation from Vision...

COGNNA Impact46 cybersecurity

Saudi Arabia

Saudi proptech Ajras raises $28 million led by Madarek International

Saudi Arabia-based proptech Ajras has raised a $28 million (SAR 105 million) Seed round led by Madarek International in a mix of debt and...

Ajras أجراس السعودية

Saudi Arabia

Riyadh Valley Company invests in Flat6labs’ Startup Seed Fund

Saudi Arabia’s Riyadh Valley Company (RVC), the investment arm of King Saud University, has invested an unknown amount in...

Riyadh Valley Company King Saud University Flat6Labs

Saudi Arabia

Egyptian e-commerce SaaS startup Awfar raises funding from VMS

Egypt-based SaaS e-commerce startup Awfar has secured a six-figure sum from Saudi Arabia-based venture studio Value Maker Studio (VMS)...

VMS Awfar

Saudi Arabia

Egypt’s OBM Education raises funding from VMS to accelerate Saudi Expansion

Egypt-based edtech startup OBM Education has raised a seven-figure sum from Saudi Arabia-based venture studio Value Maker Studio...

VMS OBM Education

Saudi Arabia

Edtech Noon closes $41 million Series B

Saudi Arabia-based edtech Noon has raised a $41 million Series B funding round, co-led by Wa’ed Ventures and Raed Ventures with...

Noon EdTech Ra'ed Ventures

Saudi Arabia

Tabby closes $200 million Series D at $1.5 billion valuation

Saudi Arabia-based fintech Tabby has raised $200 million in Series D equity financing at a valuation of $1.5 billion, prior to a planned...

Tabby BNPL Fintech

Global

Aramco Ventures leads $10 million Series A round for REDEX

Aramco Ventures, the corporate venturing subsidiary of Saudi energy and petrochemical enterprise Aramco, has led a $10 million Series A...

Aramco

Saudi Arabia

NEOM launches investment arm NIF, announcing large investments in clean industries

Saudi Arabia’s NEOM has launched its investment arm, the NEOM Investment Fund (NIF), aiming to support the buildout and...

NEOM NIF Regent

Saudi Arabia

SVC invests $10 million in Ruya Private Capital I to back Saudi SMEs

The private credit fund Ruya Private Capital I LP, run by Ruya Partners, has received a $10 million investment from Saudi Venture...

Ruya Private Capital I LP Ruya Partners SVC

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