Wamda

U.A.E

invygo pursues profitability after raising $8 million Series A extension

Saudi Arabia-headquartered mobility startup invygo has raised an $8 million Series A extension provided by STV’s newly launched...

Invygo STV mobility

Saudi Arabia

Abyan Capital secures $18 million Series A led by STV

Saudi Arabia-based robo-advisory company Abyan Capital has closed a $18 million Series A round led by STV with participation from...

Abyan Capital STV Wa'ed Ventures

Saudi Arabia

Saudi Arabia’s Salla raises $130 million pre-IPO investment

Saudi Arabia-based SaaS provider Salla has raised a $130 million pre-IPO investment round, led by Investcorp, along with Sanabil...

Salla Investcorp Sanabil Investments

Regional

Growth-stage companies in Mena face $20 billion funding gap

Growth-stage funding in the Middle East and North Africa region (Mena) faces a $20 billion gap, with only $4.2 billion VC dry powder...

STV Growth-stage funding in Mena

Saudi Arabia

King Saud University invests in STV’s Total Growth Platform

The investment arm of King Saud University “Riyadh Valley Company (RVC)” has invested an undisclosed amount in STV’s...

King Saud University Riyadh Valley Company STV

Saudi Arabia

STV launches $150 million Total Growth investment platform

Saudi Arabia-based investment firm STV announced during the LEAP 23 Conference the launch of its Total Growth platform, anchored by...

LEAP 23 STV

Saudi Arabia

Saudi Telecom Company commits additional $300 million to VC firm STV

Saudi Telecom Company (STC) has committed an additional $300 million to Saudi venture capital firm STV, on top of an earlier investment...

STC STV Venture Capital

Regional

Mena to witness more than 45 unicorns by 2030, STV report

Mena is set to witness the birth of more than 45 unicorns in the next eight years, with an estimated total equity value to reach more...

STV Fintech Unicorn

Saudi Arabia

STV partners with Meta to support Saudi startups

Saudi Arabia-based VC fund STV has announced a new partnership with Meta (formerly Facebook) that aims to support tech startups in the...

STV Meta

Saudi Arabia

Proptech Gathern closes pre-Series B round

Saudi Arabia-based peer-to-peer rental platform Gathern, has closed its pre-Series B round, led by Shurafa Real Estate Development...

Gathern Proptech Shurafa Real Estate Development

Egypt

FOODICS raises $20 million in Series B

Saudi Arabia-based food and beverage (F&B) retail and restaurant management platform FOODICS, has raised $20 million in a Series B...

Foodics Sanabil Investments STV

Saudi Arabia

Noon Academy raises $13 million

Source: Reuters Noon Academy, an educational technology company in Saudi Arabia, has raised $13 million in a funding round led by...

Noon Academy STV

Saudi Arabia

Why every investor should be looking at Saudi Arabia

An exponential entrepreneurial shift is underway in Saudi Arabia, and it is attracting substantial venture capital interest, says Luca...

STV Saudi Arabia Venture Capital

Saudi Arabia

STC announces the establishment of its $500M VC fund, STV

Saudi Telecom Company (STC) announced today the establishment of STV, a technology venture capital fund of $500 million. STV will have...

STC STV Saudi Arabia

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