Wamda

Saudi Arabia

Saudi edtech AILA closes $1.15 million pre-Seed round

Saudi Arabia-based edtech startup AILA has closed a $1.15 million pre-seed funding round, led by Sabah Hub with the participation of...

AILA EdTech

Egypt

Egypt's WellPal relocates to Saudi Arabia with fresh funding in hand

Egyptian e-commerce platform for health products, WellPal, has relocated to Saudi Arabia after securing an undisclosed investment round...

WellPal E-commerce health and fitness

Saudi Arabia

Yamm secures pre-Seed round led by Flat6Labs

Saudi Arabia-based logistics startup Yamm has closed its pre-Seed funding round at an undisclosed amount. The round is led by...

Yamm Flat6Labs Logistics

Saudi Arabia

Ejari raises $14.65 million in debt-equity Seed round

Saudi Arabia-based proptech Ejari has closed a $14.65 million seed round, which consists of a mix of debt and equity, led by Partners...

Ejari Proptech Partners for Growth

Egypt

Saudi q-commerce Nana acquires Rasseed app

Saudi Arabia-based dark store grocery delivery startup Nana has acquired Rasseed application for an undisclosed value. Founded in 2016...

Nana Raseedi

Saudi Arabia

Saudi Arabia’s Quantum raises investment from HearstLab

Saudi Arabia-based adtech Quantum has secured funding as part of its $7 million Pre-Series-A round from HearstLab, the investment arm of...

Quantum HearstLab adtech

Saudi Arabia

Al Menu raises $10 million to boost operations in Saudi Arabia

Saudi Arabia-based F&B SaaS provider Al Menu has closed a $10.12 funding round, led by Al Majdiah Investment and other...

Al Menu SAAS f&b

Saudi Arabia

Tawaref series: What you need to know about Saudi specialised licences

We have already discussed the types of business Licences offered to foreign investors who wish to expand operations in Saudi Arabia....

Tawaref

Saudi Arabia

Mila Celebrations raises $227,000 pre-Seed

Saudi Arabia-based event planning platform Mila Celebrations has raised $227,000 in a pre-Seed round from angel...

Mila Celebrations

Saudi Arabia

Merak Capital invests $82.8 million in SHIFT to spur its growth

Saudi Arabia-based mobility startups SHIFT has raised $82.8 million in investment from Merak Capital. Founded in 2017 by Khalid...

Shift mobility

Saudi Arabia

Darent closes a Seed round led by Al Tawuniya Insurance

Saudi Arabia-based proptech Darent has closed an undisclosed Seed funding round, led by Al Tawuniya Insurance, with participation from...

Darent Tawuniya Insurance Proptech

Saudi Arabia

UmrahCash secures $500,000 investment from Adaverse

Saudi Arabia-based fintech for Umrah and Hajj UmrahCash has secured a $500,000 investment from Adaverse. Founded in 2024 by...

UmrahCash Adaverse

Saudi Arabia

Tawaref series: Company formation in Saudi from A to Z

After understanding the types of licences, and attestation processes, it's time to move on to the actual company formation. Starting a...

Tawaref oped

Saudi Arabia

Saudi proptech HissaTech raises $670,000 pre-Seed

Saudi Arabia-based proptech HissaTech has raised $670,000 in a pre-Seed round, led by unnamed angel investors. Founded in 2024 by Ali...

Hissatech Proptech

Saudi Arabia

Reachware secures $3 million Seed led by Sadu Capital

Saudi Arabia-based SaaS provider Reachware has raised $3 million in Seed funding, led by Sadu Capital, with participation from 500...

Reachware Sadu Capital SAAS

Saudi Arabia

Saudi Syarah closes $60 million in a Series C round

Saudi Arabia-based autotech Syarah has raised $60 million in a Series C round, led by Artal Capital, with participation from Elm,...

Syarah autotech Artal Capital

Saudi Arabia

Saudi fintech Malaa secures $17.3 million Series A

Saudi Arabia-based fintech Malaa has closed a Series A funding round at $17.3 million, led by SNB Capital, with participation from...

Malaa Fintech SNB Capital

Saudi Arabia

Tabby to acquire Saudi fintech Tweeq

Saudi Arabia-based fintech Tabby has announced finalising an acquisition deal of Tweeq, a Saudi-based digital wallet licensed by the...

Tabby Tweeq Fintech

Saudi Arabia

Thakaa Med secures Seed round through Falak Angels

Saudi Arabia-based healthtech Thakaa Med has secured a Seed round investment through Falak Angels syndicate. Founded in 2022 by...

Thakaa Med Falak Angels

Saudi Arabia

Tawaref series: Saudi entrepreneurship licence at a glance

Offering unique benefits not available in traditional licence tracks, the entrepreneurship licence is a one-of-a-kind opportunity designed...

Tawaref

Saudi Arabia

TDF Grow Accelerator Programme celebrates the graduation of first cohort

Saudi Arabia’s national enabler of the tourism sector, the Tourism Development Fund (TDF), has celebrated the first cohort of the...

TDF Grow Accelerator Programme Tourism Development Fund Tourism

Saudi Arabia

Asas closes $320,000 pre-Seed to propel Resquad AI platform development

Saudi Arabia-based IT services provider Asas Specialised Information Technology has raised $320,000 pre-Seed investment for its flagship...

Asas Specialised Information Technology Resquad AI

Saudi Arabia

Resal garners $9 million investment to accelerate growth within the Kingdom

Saudi Arabia-based e-gifting platform Resal has closed a $9 million Series A round. The round was backed by Derayah Ventures Fund,...

Resal Derayah Ventures Fund

Saudi Arabia

Saudi foodtech Yalla Plus closes $2.7 million Seed round

Saudi Arabia-based foodtech Yalla Plus has closed a Seed investment round of $2.7 million, led by Merak Capital, with participation from...

Yalla Plus foodtech Merak Capital

Thought Leadership

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

Thank you