Wamda

Lebanon

Jedo acquires Jump-in App to penetrate Saudi market

Lebanon-founded and Netherlands-based travel app Jedo has acquired the Saudi app Jump-in for an unknown amount. Founded in 2022 by...

Jedo Jump-in App Tourism

Global

Aramco’s Prosperity7 Ventures leads China’s Cispoly $14 million Series B round

Prosperity7 Ventures, a $1 billion growth-stage fund of Saudi energy and petrochemical enterprise Aramco, has led a $14 million series B...

Aramco

Saudi Arabia

Riyadh Valley Company invests in IMPACT46 Fund III

Saudi Arabia’s Riyadh Valley Company, the investment arm of King Saud University, has pledged an undisclosed investment in...

Impact46 Riyadh Valley Company IMPACT46 Fund III

Saudi Arabia

Singapore’s Golden Gate Ventures opens first Mena office in Saudi Arabia

Golden Gate Ventures, a Singapore-based venture capital fund, has established an office in Saudi Arabia, as part of its expansion...

Golden Gate Ventures

Saudi Arabia

Tabby announces pre-IPO $700 million debt facility from J.P. Morgan

UAE-founded and Saudi Arabia-headquartered fintech Tabby has secured a $700 million debt financing round from J.P. Morgan, ahead of its...

Tabby

Saudi Arabia

Soum raises $18 million Series A round led by Jahez

Saudi Arabia-based re-commerce marketplace Soum, has raised $18 million in Series A funding in a round led by Jahez, with...

Recommerce re-commerce Soum

Saudi Arabia

Saudi fintech Hakbah raises $5.1 million Series A

Saudi Arabia-based fintech Hakbah, has raised $5.1 million in Series A funding, bringing the company’s funding raised to date to...

Hakbah VentureSouq Fintech

Saudi Arabia

Saudi fintech Spare raises $3 million to fuel expansion

Saudi Arabia-based fintech startup Spare has raised a $3 million round led by Vision Ventures with participation from Wa'ed...

spare Fintech Open banking

Saudi Arabia

Saudi Arabia’s Velents raises Seed round

Saudi Arabia-based HRtech Velents, has closed a Seed round for an undisclosed amount, led by A15 with participation from Nibras Capital,...

Velents HRtech A15

Saudi Arabia

Jada Fund of Funds invests in Iliad Partners Tech Ventures Fund I

Jada Fund of Funds, a subsidiary of Saudi Arabia's Public Investment Fund (PIF), has invested in Iliad Partners Tech Ventures Fund...

Jada Fund of Funds

Saudi Arabia

Tamara raises $340 million Series C round at over $1 billion valuation

Saudi Arabia-based buy now pay later (BNPL) startup, Tamara, has raised a $340 million Series C round at a valuation of over $1...

Tamara

Saudi Arabia

Saudi Arabia’s Pd7 raises $1 million to fuel expansion

Saudi Arabia-based sports startup Pala De 7 (Pd7) has raised SAR 3,750,000 ($1 million) in investment, led by Grintafy, AlTahan and...

Pala De 7 Pd7 Grintafy

Saudi Arabia

Naeem closes pre-Seed round led by Lunment

Saudi Arabia-based SaaS platform for the salon and beauty sector, Naeem, has closed a pre-Seed round for an unknown amount, led by...

Naeem Lunment Self Care

Saudi Arabia

Lendo raises $28 million Series B led by Sanabil Investments

Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B...

Lendo Shariah-compliant

Saudi Arabia

Pure Harvest acquires Red Sea’s production facility in Saudi Arabia

UAE-based agritech Pure Harvest Smart Farms has announced the acquisition of Red Sea’s controlled-environment agriculture (CEA)...

Red Sea Farms Pure Harvest Smart Farms

Saudi Arabia

Blink closes $2.1 million Seed round to enhance presence in Saudi Arabia

Saudi Arabia-based SaaS startup Blink has closed a $2.1 million Seed funding round with participation from 500 Global and Global...

Blink SAAS Saad Hariri

Saudi Arabia

Omniful raises $5.85 million Seed for Mena expansion

Saudi Arabia and UAE-based supply chain and e-commerce enablement startup Omniful has raised a $5.85 million Seed round, led by...

Omniful E-commerce VentureSouq

Saudi Arabia

B2B marketplace Retailo raises $15 million to accelerate expansion

Retalio, a Saudi Arabia-based B2B e-commerce company, has raised $15 million from a group of new investors, including Yusuf Bin Kanoo...

Retailo

Saudi Arabia

Tamara secures additional debt financing of $250 million

Saudi Arabia-based fintech Tamara has secured an additional $250 million in debt financing, bringing its total warehouse facility to up...

Tamara BNPL Fintech

Saudi Arabia

Saudi fintech LYNK raises new round of investment

Saudi Arabia-based fintech LYNK has raised an investment round from Al Fozan Holding and Ramla Holding Group. The amount raised was not...

LYNK Fintech Al Fozan Holding

Egypt

VMS invests in Egyptian edtech Akhdar

Egypt-based edtech Akhdar has raised a six-figure round from Saudi Arabia-based venture studio Value Maker Studio (VMS). The goal of...

Akhdar VMS

Saudi Arabia

COGNNA closes $2.25 million Seed round led by IMPACT46

Saudi Arabia-based cybersecurity startup COGNNA has closed a $2.25 million Seed round, led by IMPACT46, with participation from Vision...

COGNNA Impact46 cybersecurity

Saudi Arabia

Saudi proptech Ajras raises $28 million led by Madarek International

Saudi Arabia-based proptech Ajras has raised a $28 million (SAR 105 million) Seed round led by Madarek International in a mix of debt and...

Ajras أجراس السعودية

Saudi Arabia

Riyadh Valley Company invests in Flat6labs’ Startup Seed Fund

Saudi Arabia’s Riyadh Valley Company (RVC), the investment arm of King Saud University, has invested an unknown amount in...

Riyadh Valley Company King Saud University Flat6Labs

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