Wamda

Saudi Arabia

Egyptian e-commerce SaaS startup Awfar raises funding from VMS

Egypt-based SaaS e-commerce startup Awfar has secured a six-figure sum from Saudi Arabia-based venture studio Value Maker Studio (VMS)...

VMS Awfar

Saudi Arabia

Egypt’s OBM Education raises funding from VMS to accelerate Saudi Expansion

Egypt-based edtech startup OBM Education has raised a seven-figure sum from Saudi Arabia-based venture studio Value Maker Studio...

VMS OBM Education

Saudi Arabia

Edtech Noon closes $41 million Series B

Saudi Arabia-based edtech Noon has raised a $41 million Series B funding round, co-led by Wa’ed Ventures and Raed Ventures with...

Noon EdTech Ra'ed Ventures

Saudi Arabia

Tabby closes $200 million Series D at $1.5 billion valuation

Saudi Arabia-based fintech Tabby has raised $200 million in Series D equity financing at a valuation of $1.5 billion, prior to a planned...

Tabby BNPL Fintech

Global

Aramco Ventures leads $10 million Series A round for REDEX

Aramco Ventures, the corporate venturing subsidiary of Saudi energy and petrochemical enterprise Aramco, has led a $10 million Series A...

Aramco

Saudi Arabia

NEOM launches investment arm NIF, announcing large investments in clean industries

Saudi Arabia’s NEOM has launched its investment arm, the NEOM Investment Fund (NIF), aiming to support the buildout and...

NEOM NIF Regent

Saudi Arabia

SVC invests $10 million in Ruya Private Capital I to back Saudi SMEs

The private credit fund Ruya Private Capital I LP, run by Ruya Partners, has received a $10 million investment from Saudi Venture...

Ruya Private Capital I LP Ruya Partners SVC

Saudi Arabia

Saudi proptech Ejari closes $1 million pre-Seed round

Saudi Arabia-based proptech Ejari has closed a $1 million pre-Seed round, led by Sanabil 500 MENA and Hambro Perks' Oryx Fund, with...

Ejari Proptech Sanabil 500

Saudi Arabia

Democrance raises investment from Wa’ed Ventures to fund Saudi expansion

Democrance, a UAE-headquartered insurtech company, has raised a funding round from Wa’ed, the venture capital arm of Saudi Aramco....

Wa’ed Ventures Democrance

Saudi Arabia

Core Vision acquires stake in the Chairman Group

Saudi Arabia-based venture capital firm Core Vision has acquired a stake in The Chairman Group, a holding group with five diversified...

CoreVision

Saudi Arabia

Saudi fintech Takadao raises $1.6 million pre-Seed led by Draper Associates

Saudi Arabia-based fintech Takadao has raised a $1.6 million pre-Seed round, led by Silicon Valley-based investor Tim Draper, along with...

Takadao Draper Associates Fintech

Global

Tribal Credit renews $150 million debt facility to expand to Saudi Arabia

US-based fintech company, Tribal Credit, has renewed its $150 million debt facility from Partners for Growth (PFG), a global specialty...

Tribal credit

Saudi Arabia

Cycls raises $1 million pre-Seed round

Saudi Arabia-based AI startup Cycls has raised $1 million in pre-Seed funding from angel investors. Founded in 2021 by Mohammed...

Cycls AI

Saudi Arabia

Saudi Jisr closes $30 million Series A by Merak Capital

Saudi Arabia-based human resources platform Jisr, has closed a $30 million Series A round from Merak Capital. Founded in 2016 by...

Jisr HRtech Merak Capital

Egypt

Intella secures $3.4 million pre-Series A round led by HALA Ventures, Wa’ed

Saudi Arabia-headquartered Egyptian deeptech startup Intella, has closed a $3.4 million pre-Series A funding round, led by HALA Ventures...

Intella HALA Ventures Wa'ed Vnetures

Saudi Arabia

Barakah: fighting food waste one surplus meal at a time

The Middle East has one of the highest food wastage rates in the world. This wastage occurs at every stage of the food chain cycle, from...

food waste

Saudi Arabia

Wa’ed Venture co-leads Mighty Buildings’ $52 million Series B round

Saudi Arabia’s Wa’ed Venture, the VC arm of Aramco, has co-led a $52 million Series B round in the US-based...

Wa'ed Vnetures Aramco Mighty Buildings

Saudi Arabia

SVC invests $5 million in VentureSouq’s fintech fund

UAE-based VentureSouq has raised $5 million from Saudi Venture Capital (SVC). The investment will go towards VentureSouq’s...

VentureSouq SVC Fintech

Saudi Arabia

Logistics startup Equiptal raises $1 million to fuel growth

Equiptal, a Saudi-Arabia-based logistics startup, has raised a $1 million pre-Seed round from Plug and Play Middle East and a group of...

Equiptal

Saudi Arabia

Barakah raises $1.5 million Seed round for its food waste solution

Saudi Arabia-based foodtech startup Barakah has raised a $1.5 million Seed round led by Hambro Perks Oryx Fund, with participation from...

Barakah

Saudi Arabia

Rewaa closes $27 million Series A round led by Wa'ed

Saudi Arabia-based full-stack inventory management platform Rewaa has raised $27 million (SAR100 million) in a Series A funding round,...

waaed STC Ventures Rewaa

Saudi Arabia

Saudi traveltech startup Flyakeed raises $15.2 million Series A round

Saudi Arabia-based traveltech startup FlyAkeed has raised $15.2 million (SAR 57 million) in a Series A round led by PIF’s Sanabil...

FlyAkeed PIF Sanabil Investments

Saudi Arabia

Saudi Arabia launches $200 million fund to back local, foreign high-tech startups

Saudi Arabia’s Crown Prince Mohammed bin Salman has launched a $200 million (SAR750 million) fund for early-stage investment in...

KAUST Innovation

Jordan

ISSF invests $1.5 million in Sadu Capital to invest in Jordanian startups

Jordan’s Innovative Startups and SMEs Fund (ISSF) has committed $1.5 million to Saudi Arabia-based Sadu Capital’s...

Sadu Capital ISSF

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