Wamda

Saudi Arabia

Bahrain’s Arcapita launches $500 million logistics fund in Saudi Arabia

Bahrain-based investment management firm Arcapita Capital, a subsidiary of Arcapita Group, has closed $500 million KSA Logistics Fund...

Arcapita Capital Logistics Leap24

Saudi Arabia

Rabeh raises $800,000 Seed round

Saudi Arabia-based fintech Rabeh Financial has closed a $800,000 Seed investment round during LEAP 2024, in collaboration with Mjalis...

Rabeh Fintech Leap24

Saudi Arabia

Saudi Arabia deploys $120 million to boost gaming, esports industry

Saudi Arabia’s National Development Fund (NDF) and the Social Development Bank (SDB) will jointly establish two venture capital...

National Development Fund Social Development Bank Gaming and Esports Financing Programme

Saudi Arabia

BRKZ secures $8 million Series A round

Saudi Arabia-based construction tech (contech) BRKZ has secured an $8 million Series A, co-led by 9900 and BECO Capital, with...

BRKZ Leap24 contech

Saudi Arabia

Buildnow secures $9.4 million in Seed funding

Saudi Arabia-based proptech Buildnow has raised $9.4 million in Seed funding. The round was a mix of equity ($6.5 million) and debt...

Buildnow Raed Ventures Khwarizmi Ventures

Saudi Arabia

Saudi Arabia’s Salla raises $130 million pre-IPO investment

Saudi Arabia-based SaaS provider Salla has raised a $130 million pre-IPO investment round, led by Investcorp, along with Sanabil...

Salla Investcorp Sanabil Investments

Saudi Arabia

Extend Group, Rassanah Financial launch $26.6 million fund to support Saudi SMEs

Saudi Arabia-based companies Extend Group and Rassanah Financial have united to launch a $26.6 million Extend Fund (SAR100 million) to...

Extend Group Extend Fund Rassanah Financial

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

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you