Wamda

Saudi Arabia

Jaree launches in Saudi Arabia to democratise venture capital access

Press release: A new player has entered the Saudi startup ecosystem. Jaree Platform, a platform for matching venture capital, officially...

Jaree Venture Capital

Saudi Arabia

Sadq raises $1.5 million pre-series A led by X by Unifonic Fund

Saudi Arabia-based digital signature platform Sadq has closed a $1.5 million pre-Series A funding round, led by X by...

Sadq Unifonic Fund

Saudi Arabia

Saudi contech TruBuild secures $1 million Seed round

Saudi Arabia-based contech TruBuild has raised $1 million in a Seed funding round, led by Wa’ed Ventures and Dar...

TruBuild Wa'ed Ventures Dar Ventures

Saudi Arabia

STUCK? closes six-figure pre-seed to advance Arabic content solutions

Saudi Arabia-based AI-powered language intelligence platform "STUCK?" has closed a six-figure pre-seed...

STUCK? AI Arabic Content

Saudi Arabia

Sary, ShopUp join forces to create "SILQ" fuelled by $110 million investment

Saudi Arabia-based B2B marketplace Sary has merged with Bangladesh's ShopUp to form SILQ Group, which is backed by $110 million in...

SARY ShopUp E-commerce

Egypt

Rabbit enters Saudi market, backed by major regional investors

Egypt-born quick commerce (q-commerce) startup Rabbit has extended its services to the Saudi market by establishing a regional HQ in...

Rabbit

Saudi Arabia

Saudi fintech Arabian Pay receives investment to expand BNPL offerings

Saudi Arabia-based fintech Arabian Pay has raised an undiscsloed investment as part of its Pre-Seed round from Al Bassami...

Arabian Pay Al Bassami Group Fintech

Saudi Arabia

Nayla Finance to boost operations in KSA with $4 million seed investment

Saudi Arabia-based fintech Nayla Finance has secured $4 million in seed funding, led by Sanabil Venture Studio by...

Nayla Finance Sanabil Venture Studio Fintech

Saudi Arabia

Ajras closes $1.5 million pre-Series A round

Press release: The Saudi proptech startup Ajras has successfully raised a $1.5 million pre-Series A funding round, led by Veda...

Ajras Proptech Veda Holding

Saudi Arabia

Saudi fashion marketplace Aya raises $1.6 million seed

Saudi Arabia-based e-commerce platform Aya has closed a $1.6 million seed funding round, led by Khwarizmi Ventures, with participation...

Aya Fashion E-commerce

Egypt

PayTabs Group acquires majority stake in PayTabs Egypt

Source: Zawya PayTabs Group has acquired a 51% stake in PayTabs Egypt from EFG Finance, an EFG Holding company, according to a recent...

paytabs

Saudi Arabia

Saudi Arabia's CQR raises $3 million to scale AI capabilities

Saudi Arabia-based cybersecurity firm CQR has secured a $3 million funding round led by Shorooq. Founded in 2023 by...

CQR Shorooq cybersecurity

Saudi Arabia

DHL enters Saudi logistics market by acquiring AJEX

German logistics company DHL eCommerce, the e-commerce logistics specialist of DHL Group, has acuired Saudi parcel logistics...

DHL AJEX Logistics

Saudi Arabia

Al Madinah Angels launches to revive entrepreneurial scene in the city

A consortium of investors has launched "Al Madinah Angels" to support the entrepreneurial landscape in Saudi...

Al Madinah Angels VMS Numu Angels

Saudi Arabia

Falak, Bayan Platform jointly launch AI investment in KSA report

In a move that underscores a steadfast commitment to fostering an innovation-driven investment landscape in Saudi Arabia, Falak Investment...

AI Falak investment hub Bayan Platform

Saudi Arabia

The real impact of Saudization on the Kingdom's economy

An article by Anil Kumar, country head for KSA at TASC Outsourcing The Saudi government has put a comprehensive Saudization policy in...

Saudization oped

Saudi Arabia

Buildnow secures $9.7 million investment led by STV

Saudi Arabia-based contech Buildnow has closed a $9.7 million funding round, led by STV and Arbah Capital, with additional funding from...

Buildnow STV contech

Saudi Arabia

PIESHIP raises $2.1 million seed led by Nama Ventures

Saudi Arabia-based logistics startup PIESHIP has closed its seed funding round of $2.1 million, led by Nama Ventures, with participation...

PIESHIP Logistics Nama Ventures

Saudi Arabia

Saudi fintech RasMal closes $4.8 million pre-Series A

Saudi Arabia-based fintech RasMal has closed a $4.8 million pre-Series A investment round led by Syndicate Element Holding Group...

RasMal Fintech Syndicate Element Holding Group

Saudi Arabia

Tabby closes $160 million Series E, eyeing IPO

Saudi Arabia-based fintech Tabby has raised $160 million in a Series E financing round at a $3.3 billion valuation. The round was led...

Tabby Fintech BNPL

Saudi Arabia

LAHINT announces closing $1 million pre-seed during LEAP 2025

Saudi Arabia-based LAHINT e-services platform has closed a $1 million pre-seed funding round from undisclosed investors. Founded in...

Lahint e-services

Saudi Arabia

With $6.75 million pre-Series B funding round, Taager sets sights on MENA growth

Egypt-born and Saudi Arabia-HQ social e-commerce platform Taager has completed a $6.75 million pre-Series B funding round, led by...

Taager Norrsken22

Saudi Arabia

Salesforce pledges $500 million investments in Saudi Arabia

US-based AI and SaaS provider Salesforce has announced plans to invest $500 million in the Kingdom of Saudi Arabia, building on its...

Salesforce SAAS AI

Saudi Arabia

Ula.me closes $28 million Series B to leverage AI capabilities

Saudi Arabia-based edtech ULA.me has raised $28 million in a Series B funding round led by Growth Visions Fund, with participation...

Ula.me EdTech Growth Visions Fund

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