Wamda

Regional

Watheeq launches $26.7 million proptech fund

Saudi Arabia-based investment management and financial advisory company Watheeq Financial Services, has launched SAR 100 million ($26.7...

Proptech Watheeq

Saudi Arabia

FloraNow acquires AstraFarms' flower distribution business

Dubai-based B2B floral marketplace Floranow has acquired Saudi Arabia-based distribution business of Saudi...

Astra Farms Floranow Floral markerplaces

Saudi Arabia

Can Saudi Arabia become the region's fintech frontrunner?

When Tamara announced it had raised $110 million for its Series A back in April, it sent a wave of awe across the region. Not only was this...

Fintech

Saudi Arabia

Red Sea Farms raises $10 million to expand across Saudi

Saudi Arabia-based agritech startup Red Sea Farms has received a $10 million investment fund from Wa’ed, the Future Investment...

agritech KAUST

Saudi Arabia

Wa’ed invests $500,000 in Saudi drone operator FalconViz

Wa’ed, the entrepreneurship arm of Saudi Aramco, has invested $500,000 in Saudi Arabia-based drone operator FalconViz, marking...

falconviz Wa'ed Aramco

Saudi Arabia

The VC map of Saudi Arabia

We recently published a feature highlighting the growth of Saudi Arabia's venture capital sector. In this infographic, we have mapped...

Venture Capital Angel Investor corporate venture capital

Saudi Arabia

Nabeel Koshak: Growing Saudi Arabia’s venture market

Saudi Arabia’s government has been especially proactive in encouraging its entrepreneurship sector, the result of which is a...

SVC

Saudi Arabia

What's next for Saudi Arabia's booming VC sector?

Five years into the Saudi Vision 2030 programme, venture capital (VC) funding in Saudi Arabia has risen to an all time high with a recorded...

VC PIF Jada Fund of Funds

Saudi Arabia

Eltizam raises SAR 2.5 million for its insurance marketplace

Saudi Arabia-based insurance as a service (IaaS) platform Eltizam, has raised SAR2.5 million ($666,000) via crowdfunding platform...

Eltizam Insurance Scooper

Saudi Arabia

Qalam raises funds from Wadi Makkah Ventures

Saudi Arabia-based publishing platform Qalam, has raised an undisclosed sum from Wadi Makkah Ventures. With the fresh funds, the...

Qalam Publishing Wadi Makkah

Saudi Arabia

NearPay raises $2.1 million pre-Seed investment

Saudi Arabia-based fintech NearPay, has raised SAR8 million ($2.1 million) pre-Seed investment from a group of angel...

Fintech NearPay pre seed

Saudi Arabia

Gathern raises $6 million Series A led by STV

Saudi Arabia-based Gathern, a peer-to-peer (P2P) vacation rental marketplace has raised a $6 million Series A round led by STV with...

Gathern Series A

Saudi Arabia

Jahez considering IPO on Saudi's Nomu

Saudi Arabia-based food delivery startup Jahez is considering going public on Nomu, Saudi Arabia's secondary exchange for SMEs and...

Jahez Food delivery ipo

Jordan

ISSF invests $150,000 in Trteeb

Jordan’s ISSF has invested $150,000 in Jordan and Saudi Arabia-based Trteeb. The investment was made in January 2021. Trteeb is...

marketplace

Saudi Arabia

Sary raises $30.5 million Series B

Saudi Arabia-based B2B marketplace Sary has raised $30.5 million in a Series B round led by VentureSouq with participation from new...

SARY B2B e-commerce b2b

Saudi Arabia

Retailo raises $6.7 million seed round

Saudi Arabia-based B2B e-commerce marketplace Retailo, has raised a $6.7 million seed round, co-led by Shorooq Partners and Abercross...

Retailo seed b2b

Saudi Arabia

Quix raises $800,000 for its drone-based delivery platform

Saudi Arabia-based logistics and on-demand delivery platform Quix, has raised SAR 3 million ($800,000) pre-launch from over...

Quix Crowdfunding delivery solutions

Saudi Arabia

Nama Ventures launches $27 million fund to invest in Mena startups

Source: Arabian Business The nearly $27 million fund will be raised from high-net-worth-individuals, family offices, and institutional...

Nama Ventures seed startups

Saudi Arabia

Aramco’s Wa’ed signs agreement with Falak Investment Hub to increase Saudi startup funding

Saudi Arabia-based Falak Investment Hub has signed a memorandum of understanding (MoU) with Wa’ed, the entrepreneurship arm of...

StandUp Funding Saudi Arabia

Saudi Arabia

Garage raises $600,000 to fuel expansion

Saudi Arabia-based Garage has raised $600,000 (SAR 2.25 million) from a group of local angel investors. This brings the company's...

Garage app automotive Angel Investment

Saudi Arabia

Tamara raises $110 million in Series A round

Saudi Arabia-based Tamara, a buy now pay later (BNPL) startup, has raised $110 million in both debt and equity for its Series A round...

Buy now pay later BNPL Tamara

Saudi Arabia

NBM acquires 9 per cent DIGGIPACKS stake for SAR15 million

National Building and Marketing (NBM) has acquired a 9 per cent of stake in Saudi Arabia-based last mile delivery aggregator DIGGIPACKS in...

Diggiepack National Building and Marketing

Saudi Arabia

Hydrojeen raises pre-Seed funding

Saudi Arabia-based smart water monitoring app, has raised an undisclosed pre-Seed funding round from angel investor Muhammad Abdul Aziz...

Smart water monitoring solutions pre seed Muhammad Abdul Aziz Al-Arifi

Saudi Arabia

Prexle completes its $670,000 Seed round

Saudi Arabia-based fintech startup Prexle has raised SAR2.5 million ($670,000) in its Seed round led by several angel...

Prexle POS

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