Wamda

Saudi Arabia

BIM Ventures invests in WeDeliver

Saudi Arabia-based logistics provider WeDeliver has raised a pre-Series A round from BIM Ventures during the LEAP 2023...

BIM Ventures WeDeliver Delivery

Saudi Arabia

Aion Digital raises $5 million bridge round led by Fintactics Ventures

Bahrain-based fintech Aion Digital has raised $5 million in a bridge round led by Fintactics Ventures, a $40 million fintech-focused...

Aion

Saudi Arabia

Marn raises $1 million post-Seed round

Saudi Arabia-based HR tech startup Marn, has closed a $1 million post-Seed round, led by Sukna Ventures and with participation from...

Marn HR solutions Sukna Ventures

Saudi Arabia

Nana raises $133 million in a Series C round led by Kingdom Holding

Saudi Arabia-based dark store grocery delivery startup Nana, has raised $133 million in a Series C funding round led by Kingdom Holding...

Nana e-grocery dark stores

Saudi Arabia

STV launches $150 million Total Growth investment platform

Saudi Arabia-based investment firm STV announced during the LEAP 23 Conference the launch of its Total Growth platform, anchored by...

LEAP 23 STV

Saudi Arabia

IMPACT46 launches $133 million Fund

Saudi Arabia-based VC firm IMPACT46 has launched a new SAR500 million ($133 million) fund to invest in technology startups in Saudi...

Impact46 Venture Capital

Saudi Arabia

palm.hr closes $5 million pre-Series A round

Saudi Arabia-based HR tech platform palm.hr, has closed a $5 million pre-Series A round co-led by Speedinvest and RAED Ventures, with...

Palm.hr Raed Ventures Wamda Capital

Saudi Arabia

Wa’ed Ventures invests in Roots Ventures

Wa’ed Ventures, the VC arm of Aramco, has invested in Revival Lab to launch its venture builder Roots Ventures. The investment...

Wa'ed Vnetures Roots Ventures Aramco

Global

Wa’ed invests in PASQAL’s $108 million Series B

Wa’ed Ventures, the Saudi Aramco Entrepreneurship Centre (Wa'ed), has invested in a $108 million Series B for French...

Wa'ed Vnetures

Saudi Arabia

Matbakhi raises $2.3 million pre-Seed round

Saudi Arabia-based foodtech startup Matbakhi, has raised a $2.3 million pre-Seed round led by Bugshan Investment Company along with an...

Matbakhi

Saudi Arabia

Saudi Arabia’s Sandsoft Games invests $3.25 million in The Tiny Digital Factory

Saudi Arabia-based Sandsoft Games, a mobile-first game developer, publisher and investor, has invested $3.25 million in The Tiny Digital...

The Tiny Digital Factory Sand Soft Games

Saudi Arabia

DAAL Ventures invests in Mexico’s Pulppo

Saudi Arabia-based VC DAAL, has taken part in the $5 million Seed funding round of Mexico-based proptech Pulppo alongside Y Combinator,...

Daal Ventures Pulppo Proptech

Saudi Arabia

Q-commerce startup Ninja raises pre-Seed round

Saudi Arabia-based quick commerce startup Ninja, has raised a pre-Seed round led by Bunat Ventures, along with multiple VCs from the...

Ninja q-commerce

Saudi Arabia

Growth Avenue Company acquires 20 per cent stake in SororApp

Growth Avenue Company has acquired a 20 per cent stake in Saudi Arabia-based on-demand delivery app SororApp, for an undisclosed...

SororApp Delivery Growth Avenue Company

Saudi Arabia

Crowdfunding platform Manafa secures $28 million Series A round

Saudi Arabia-based fintech Manafa, has closed its Series A funding of $28 million (SAR106 million), led by STV and Wa’ed Ventures,...

Manafa Wa'ed Vnetures Series A

Saudi Arabia

AtarCloud raises $1.3 million Seed round

Saudi Arabia-based proptech AtarCloud has closed a $1.3 million Seed investment round with the participation of BIM Ventures along with...

AtarCloud Proptech BIM Ventures

Saudi Arabia

Revival Lab leads $13.6 million round through United Investments partnership

Saudi Arabia-based venture builder Revival Lab, has signed an investment partnership worth SAR50 million ($13.6 million) with United...

Revival Lab Saudi Arabia cloud kitchen

Egypt

Saudi-based Jumlaty and Egypt’s Appetito merge into new entity, NOMU

Saudi-based grocery delivery startup Jumlaty and Egyptian counterpart Appetito have announced their merger to create a new company,...

Jumlaty Appetito

Regional

Revival Lab launches $40 million fintech-focused VC builder and fund

Saudi Arabia-based Revival Lab will establish “Fin-tactics Ventures", a venture builder specialised in fintech, insuretech...

Revival Lab Fin-tactics Ventures

Egypt

Morni invests $10 million in Egypt to acquire mobility startups

Saudi Arabia-based mobility solutions platform Morni is planning to invest $10 million to target new acquisitions in Egypt in the...

Morni Exists.me

Saudi Arabia

Why are Chinese investors and startups so excited about Saudi Arabia?

Over the past decade, technological advancements have shifted from the powerhouses of the US and Europe to China and India, where...

china

Saudi Arabia

Saudi Jahez acquires The Chefz for $172.9 million

Saudi Arabia-based food delivery app Jahez has fully acquired The Chefz, a Saudi Arabia-based dessert delivery platform for $172.9...

Jahez The Chefz Food delivery

Saudi Arabia

Startup advice: How to set up a business in Saudi Arabia

Paul Arnold is the managing director at Sovereign PPG Saudi Arabia, a provider of corporate and trusts services What are the...

startup advice

Saudi Arabia

Saudi edtech Jeel raises $1.1 million Seed from EdVentures

Saudi Arabia-based edtech for pre-schoolers has raised a $1.1 million Seed round from EdVentures, the VC arm of Egypt-based Nahdet Misr...

Jeel EdVentures EdTech

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