Wamda

Saudi Arabia

Wahed Raises $25 million

Source: Forbes Wahed, the ethical investment fintech for Muslim investors, raised $25 million in venture funding with proceeds being...

Wahed Ethical invetment Islamic economy

Egypt

Payfort launches Dh1 million initiative to support startups

Source: Arabian Business Payfort, a subsidiary of retail giant Amazon, has launched a AED1 million ($272,000) initiative in the UAE...

Amazon Payfort

Saudi Arabia

Jahez raises $36 million in Series A

Saudi Arabia-based food delivery startup Jahez, has closed a $36 million Series A funding round led by Impact46. This round marks the...

Jahez Last-mile delivery

Saudi Arabia

Munjz secures pre-Series A investment

Saudi Arabia-based Munjz, an online marketplace for maintenance services, has secured its pre-Series A investment. The round was led by...

maintenance Investment Munjz

Saudi Arabia

Telgani raises seed funding

Saudi Arabia-based car rental platform Telgani, has closed a six figure seed funding round. The round was backed by 500 startups, Saudi...

Telgani car rental

Saudi Arabia

Grintafy raises $1.25 million seed

Saudi Arabia-based Grintafy Technologies, has raised $1.25 million in a seed funding round led by Wa'ed Ventures, with participation...

Sports entrepreneurship Grintafy

Saudi Arabia

Taker raises seed funding

Saudi Arabia-based Software as a Service (SaaS) startup Taker, has raised an undisclosed amount of seed funding in a round led by 500...

foodtech Seed funding

Saudi Arabia

SARY secures $6.6 million

Source: Reuters Saudi Arabia’s digital marketplace Sary, which connects small businesses with merchant wholesalers, has secured...

SARY ecommerce covid-19

Saudi Arabia

In conversation with Mounira Jamjoom of Aanaab

Earlier this month, Saudi Arabia-based teacher training platform Aanaab secured a $1.5 million investment round led by Wamda and Nour...

EdTech Aanaab jeddah

Saudi Arabia

Wamda invests in online grocery platform Nana's $18 million Series B round

Wamda has participated in Saudi Arabia-based Nana's $18 million Series B investment round. Investors in the round included Saudi...

Nana Direct Nana wamda

Saudi Arabia

Quant secures pre-series A investment

Saudi Arabia-based Quant, a startup specialised in data science and artificial intelligence (AI), has secured $1.2 million in a pre-series...

Data Analytics Artificial intelligence

Saudi Arabia

Wamda invests in Arabic teacher training platform Aanaab

Wamda has invested in Jeddah-based Aanaab, an education technology (edtech) platform that has raised $1.5 million in its seed round. The...

Education EdTech wamda

Saudi Arabia

Speero secures pre-series A funding

Saudi Arabia-based marketplace Speero has raised its pre-series A investment round from 500 Startups, Impact46 and Derayah Ventures. The...

marketplace

Saudi Arabia

PIF invests in SellAnyCar.com

Source: Bloomberg A unit of Saudi Arabia’s sovereign wealth fund is leading a $35 million funding round for...

sellanycar automotive

Saudi Arabia

The Chefz raises six-figure seed

Souce: MENAbytes Riyadh-based gourmet food and sweets delivery platform The Chefz has raised seed funding in a round led by...

The Chefz Ocean X

Saudi Arabia

Abdul Latif Jameel invests in Joby Aviation

Source: The National The investment arm of Abdul Latif Jameel, a Saudi Arabian family-owned conglomerate, invested in Joby...

Joby Aviation Abdul Latif Jameel

Saudi Arabia

Investment in Saudi-based startups record an all time high in 2019

The number of investments in Saudi-based startups amounted to 71 investments in 2019, an increase of 92 per cent from 2018, recording the...

saudi growth Funding

Saudi Arabia

Saee raises $2.4 million in Series A

Jeddah-based last-mile delivery startup Saee has raised $2.4 million in its Series A funding round. The round was led by Saudi-based...

Last mile delivery saudi Freelancers

Regional

KBW Ventures invests in Singapore-based TurtleTree Labs

KBW Ventures, the venture capital (VC) firm founded by Prince Khaled bin Alwaleed, son of Saudi Arabia billionaire Prince Alwaleed bin...

Milk animal cells Investment

Saudi Arabia

Leap raises six figure seed funding

Source: MenaBytes Riyadh-based coffee pre-ordering startup Leap has raised six-figure (USD) seed funding, it...

seed Funding Coffee

Saudi Arabia

Saudi government to support up to 50 per cent of salaries in private sector

Source: News1 The Human Resources Development Fund launched “Hadaf”, a campaign (# goal_ supports you), directed to private...

saudi Employment fund

Saudi Arabia

Saudi Aramco plans $500 million fund

Source: The National Saudi Aramco Energy Ventures, a subsidiary of the kingdom’s state-owed oil producer, is planning to set up a...

energy oil & gas fund

Saudi Arabia

Wadi Makkah invests in Pavegen

Wadi Makkah Ventures Company has invested in UK-based Pavegen’s Series A round. Pavegen is a clean-tech company, that installs...

clean tech energy

Saudi Arabia

HyperPay raises eight-figure investment

Source: MenaBytes Riyadh-headquartered payment processing platform HyperPay has closed an eight-figure USD investment, it announced...

PAYMENT Fintech saudi

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