Wamda

Saudi Arabia

How can Saudi Arabia unleash national success in fintech?

Abdullah Al Othman is the founder and chairman of Geidea, a Saudi Arabia-based fintech specialised in payments. It works with over 150,000...

Fintech

Saudi Arabia

Endeavor launches report on state of Saudi startup ecosystem

A report published by Endeavor Saudi Arabia highlights the rapid growth of the country's startup sector. Riyadh’s tech...

Endeavor Mapping The Riyadh Tech Sector

Saudi Arabia

Red Sea Farms raises additional $18.5 million to fuel expansion plans

Saudi Arabia-based agritech Red Sea Farms has raised an additional $18.5 million co-led by Wa’ed, the venture capital arm of Saudi...

Red Sea Farms agritech

Saudi Arabia

From Resalaty to Unifonic, tracing the Saudi startup’s journey

It is difficult to recall a time when messaging large numbers of people was impossible, but that was the reality for brothers Ahmed and...

Unifonic

Saudi Arabia

KAUST launches innovation fund

The King Abdullah University of Science and Technology (KAUST) has launched a VC fund to invest in seed level deeptech...

KAUST KAUST Innovation Fund

Regional

FOODICS raises $170 million Series C round for expansion

FOODICS, a Saudi Arabia-based fintech and foodtech platform, has raised $170 million in a Series C round, co-led by Prosus and Sanabil...

Foodics

Saudi Arabia

Saudi Spoilz Games closes $692,000 pre-Seed round

Saudi Arabia-based gaming platform Spoilz Games has closed a pre-Seed investment round of $692,000 from angel investors. Founded in...

Spoilz Games Gaming

Saudi Arabia

Saudi Aramco's Wa'ed invests in WakeCap

Saudi Arabia-based construction technology (contech) startup WakeCap has raised investment from Wa’ed, the Saudi Aramco...

Aramco WakeCap

Saudi Arabia

B2B marketplace Lawazem raises $1.3 million Seed

Saudi Arabia-based B2B marketplace Lawazem has raised $1.3 million in a Seed round, led by Merak Capital, with participation from Merced...

Lawazem

Saudi Arabia

Proptech Gathern closes pre-Series B round

Saudi Arabia-based peer-to-peer rental platform Gathern, has closed its pre-Series B round, led by Shurafa Real Estate Development...

Gathern Proptech Shurafa Real Estate Development

Egypt

Saudi GLT Express acquires Egypt’s Gallop Express

Saudi Arabia-based logistics company GLT Express has acquired Gallop Express, an Egyptian logistics startup for an undisclosed...

Gallop Express GLT Express GLT Holdings

Saudi Arabia

Beauty platform Kaya raises $2.6 million Seed round

Saudi Arabia-based beauty e-commerce platform Kaya, has raised a $2.6 million Seed round from Revival Lab, with participation from...

Kaya cosmetics Beauty

Saudi Arabia

Flat6Labs, SVC launch $40 million startup Seed fund in Saudi Arabia

The Saudi Venture Capital Company (SVC) has partnered with Flat6Labs to launch the “Startup Seed Fund” and Flat6Labs Riyadh...

Startup Seed Fund Flat6Labs SVC

Saudi Arabia

SVC invests in Sadu Capital's $27 million B2B-focused fund

Saudi Venture Capital (SVC) has invested in Sadu Capital's $27 million VC fund focused on supporting and nurturing the...

Sadu Capital SVC

Saudi Arabia

AstroLabs Showcase series launches in Riyadh

UAE-based technology ecosystem builder AstroLabs has launched its first edition of the ‘AstroLabs Showcase’ series in Riyadh...

Astrolabs

Saudi Arabia

Saudi Tygo raises $1.8 million Seed round

Saudi Arabia-based telecommunications services and marketing platform Tygo, has raised a $1.8 million Seed round, led by Jawla...

Tygo Telecommunication BIM Ventures

Saudi Arabia

What we learned at the Global Entrepreneurship Congress in Riyadh

For the past few years, Saudi Arabia has done an exceptional job of reforming its business processes and boosting entrepreneurship in the...

GEC GEN

Saudi Arabia

Saudi foodtech Haseel closes $6.6 million Series A funding

Saudi Arabia-based footech Haseel has raised a $6.6 million Series A funding round led by Vision Ventures, with participation from Arzan...

Saudi Arabia Haseel

Egypt

Rabbit to invest $60 million in Saudi Arabia

Egypt-based quick commerce (q-commerce) startup Rabbit, has announced it is planning to invest $60 million in Saudi Arabia over the next...

Rabbit q-commerce

Saudi Arabia

Saudi Lendo obtains SAMAs's crowdfunding licence

Saudi Arabia-based fintech Lendo, has obtained Saudi Central Bank’s (SAMA) licence to operate as a Shari'ah-compliant debt...

Lendo Crowdfunding

Saudi Arabia

DailyMealz raises $5.3 million pre-Series A round

Saudi Arabia-based healthy food delivery app DailyMealz, has raised SAR 20 million ($5 million) in a pre-Series A round, with...

Dailymealz

Saudi Arabia

Saudi proptech Darent raises $1 million pre-Seed round

Saudi Arabia-based proptech Darent has raised $1 million in a pre-Seed round led by Watheeq Proptech Venture with the participation of...

Darent Proptech Watheeq

Saudi Arabia

Investment initiatives worth $4.2 billion announced at GEC Riyadh

Investment initiatives valued at $4.2 billion were announced at the Global Entrepreneurship Congress (GEC), held in Riyadh under the...

Saudi Arabia GEC Start-up

Saudi Arabia

Micromobility startup SPIDERS raises $1.4 million

Saudi Arabia-based micromobility startup SPIDERS, has raised a $1.4 million pre-Seed round led by Watheeq Capital. Founded in 2021 by...

SPIDERS micromobility

Thought Leadership

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

Thank you