Wamda

Saudi Arabia

Saudi proptech Ejari closes $1 million pre-Seed round

Saudi Arabia-based proptech Ejari has closed a $1 million pre-Seed round, led by Sanabil 500 MENA and Hambro Perks' Oryx Fund, with...

Ejari Proptech Sanabil 500

Saudi Arabia

Democrance raises investment from Wa’ed Ventures to fund Saudi expansion

Democrance, a UAE-headquartered insurtech company, has raised a funding round from Wa’ed, the venture capital arm of Saudi Aramco....

Wa’ed Ventures Democrance

Saudi Arabia

Core Vision acquires stake in the Chairman Group

Saudi Arabia-based venture capital firm Core Vision has acquired a stake in The Chairman Group, a holding group with five diversified...

CoreVision

Saudi Arabia

Saudi fintech Takadao raises $1.6 million pre-Seed led by Draper Associates

Saudi Arabia-based fintech Takadao has raised a $1.6 million pre-Seed round, led by Silicon Valley-based investor Tim Draper, along with...

Takadao Draper Associates Fintech

Global

Tribal Credit renews $150 million debt facility to expand to Saudi Arabia

US-based fintech company, Tribal Credit, has renewed its $150 million debt facility from Partners for Growth (PFG), a global specialty...

Tribal credit

Saudi Arabia

Cycls raises $1 million pre-Seed round

Saudi Arabia-based AI startup Cycls has raised $1 million in pre-Seed funding from angel investors. Founded in 2021 by Mohammed...

Cycls AI

Saudi Arabia

Saudi Jisr closes $30 million Series A by Merak Capital

Saudi Arabia-based human resources platform Jisr, has closed a $30 million Series A round from Merak Capital. Founded in 2016 by...

Jisr HRtech Merak Capital

Egypt

Intella secures $3.4 million pre-Series A round led by HALA Ventures, Wa’ed

Saudi Arabia-headquartered Egyptian deeptech startup Intella, has closed a $3.4 million pre-Series A funding round, led by HALA Ventures...

Intella HALA Ventures Wa'ed Vnetures

Saudi Arabia

Barakah: fighting food waste one surplus meal at a time

The Middle East has one of the highest food wastage rates in the world. This wastage occurs at every stage of the food chain cycle, from...

food waste

Saudi Arabia

Wa’ed Venture co-leads Mighty Buildings’ $52 million Series B round

Saudi Arabia’s Wa’ed Venture, the VC arm of Aramco, has co-led a $52 million Series B round in the US-based...

Wa'ed Vnetures Aramco Mighty Buildings

Saudi Arabia

SVC invests $5 million in VentureSouq’s fintech fund

UAE-based VentureSouq has raised $5 million from Saudi Venture Capital (SVC). The investment will go towards VentureSouq’s...

VentureSouq SVC Fintech

Saudi Arabia

Logistics startup Equiptal raises $1 million to fuel growth

Equiptal, a Saudi-Arabia-based logistics startup, has raised a $1 million pre-Seed round from Plug and Play Middle East and a group of...

Equiptal

Saudi Arabia

Barakah raises $1.5 million Seed round for its food waste solution

Saudi Arabia-based foodtech startup Barakah has raised a $1.5 million Seed round led by Hambro Perks Oryx Fund, with participation from...

Barakah

Saudi Arabia

Rewaa closes $27 million Series A round led by Wa'ed

Saudi Arabia-based full-stack inventory management platform Rewaa has raised $27 million (SAR100 million) in a Series A funding round,...

waaed STC Ventures Rewaa

Saudi Arabia

Saudi traveltech startup Flyakeed raises $15.2 million Series A round

Saudi Arabia-based traveltech startup FlyAkeed has raised $15.2 million (SAR 57 million) in a Series A round led by PIF’s Sanabil...

FlyAkeed PIF Sanabil Investments

Saudi Arabia

Saudi Arabia launches $200 million fund to back local, foreign high-tech startups

Saudi Arabia’s Crown Prince Mohammed bin Salman has launched a $200 million (SAR750 million) fund for early-stage investment in...

KAUST Innovation

Jordan

ISSF invests $1.5 million in Sadu Capital to invest in Jordanian startups

Jordan’s Innovative Startups and SMEs Fund (ISSF) has committed $1.5 million to Saudi Arabia-based Sadu Capital’s...

Sadu Capital ISSF

Saudi Arabia

iot squared acquires Machinestalk to solidify position in Saudi market

Saudi Arabia-based internet of things (IoT) solutions provider “iot squared”, has fully acquired the Saudi IoT company...

iot squared Machinestalk STC

Saudi Arabia

Saudi Arabia’s Wadaie raises pre-Seed funding

Saudi Arabia-based fintech Wadaie has secured a pre-Seed funding round led by RZM Investments, along with Bunat Ventures and other Saudi...

Wadaie RZM Investments Bunat Ventures

Saudi Arabia

Golden Scent raises revenue-based investment from Tenami Capital

Saudi Arabia-based e-commerce platform Golden Scent has raised an undisclosed revenue-based investment from Tenami Capital. Golden...

Golden Scent Tenami Capital E-commerce

Saudi Arabia

Saudi edtech YaSchools raises $600,000 Seed round

Saudi Arabia-based edtech YaSchools has closed a $600,000 Seed round from a group of angel investors. Founded in 2021 by Mohamed...

YaSchools

Saudi Arabia

Rainmaking Innovation expands to Saudi Arabia

Rainnmaking Innovation, a corporate innovation facilitator and venture development firm, has launched in Saudi Arabia. Rainmaking...

Rainnmaking Innovation

Saudi Arabia

Insurtech DESAISIV raises $2 million pre-Seed round

Saudi Arabia-based insurtech startup DESAISIV has raised a $2 million pre-Seed round from 500 Global, Terra VC, Oqal, family offices,...

DESAISIV

Saudi Arabia

Delivery Hero acquires remaining shares of HungerStation

Germany-based foodtech Delivery Hero has acquired the remaining 37 per cent stake in the Saudi Arabia-based food delivery company...

Hero Delivery Hungerstation

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