Wamda

Saudi Arabia

Saudi Grintafy raises $2.1 million Bridge round

Saudi Arabia-based e-sports platform Grintafy has raised a $2.1 million Bridge round with participation from Wa’ed, Alrashed Group...

Grintafy Saudi Arabia Sportstech

Saudi Arabia

TruKKer raises $96 million in Series B

Saudi Arabia-based digital freight network TruKKer, has raised $96 million in a mix of equity and debt for its Series B...

Trukker

Saudi Arabia

Saudi logistics startup RedBox raises $3 million

Saudi Arabia-based logistics startup RedBox has raised SAR 11.5 million ($3 million) in a Seed round led by Vision Ventures with...

Logistics Last mile RedBox

Saudi Arabia

BARQ raises $4 million Seed round

Saudi Arabia-based delivery as a service (DaaS) startup BARQ has raised $4 million in a Seed funding round, led by OTF Jasoor Ventures...

DaaS BARQ q-commerce

Saudi Arabia

Tamawal raises $1.1 million pre-Seed round for its digital brokerage platform

Saudi-based fintech Tamawal has raised $1.1 million in a pre-Seed round led by MRK, with participation from 500...

Fintech

Saudi Arabia

Saudi fintech SiFi closes pre-Seed round led by Khwarizmi Ventures

Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has raised an undisclosed pre-Seed round led by Khwarizmi...

Fintech expenses

Saudi Arabia

Saudi AI startup Mozn raises $10 million Series A funding

Saudi Arabia-based AI company Mozn has raised $10 million in Series A funding, led by Raed Ventures with participation from Shorooq...

Mozn Artificial intelligence Raed Ventures

Saudi Arabia

Fashion marketplace Taffi raises $2 million Seed round

Saudi Arabia-based fashion marketplace Taffi has raised a $2 million Seed round, led by Impact46 & Al-Rashed Group (ARG), with...

Taffi Impact46

Saudi Arabia

Khwarizmi Ventures closes $70 million fund to invest in MENAP startups

Saudi Arabia-based Khwarizmi Ventures has completed the second closing of its current fund with a value of $70 million to fuel...

Khwarizmi Ventures MENAP

Saudi Arabia

Saudi dark store Nana raises $50 million

Saudi Arabia-based dark store Nana has raised $50 million in a round led by FIM Partners and STV, bringing the total funding to $80...

Saudi Arabia Nana

Saudi Arabia

Saudi Aramco launches $1 billion Prosperity7 Ventures fund

Saudi Arabia’s Aramco has launched Prosperity7 Ventures, a $1 billion global VC fund, with a long-term view to supporting the...

Aramco Prosperity7 Ventures VC fund

Saudi Arabia

Deal App raises $2.4 million pre-Series A round

Saudi Arabia-based proptech Deal, has raised $2.2 million in pre-Series A funding led by Alsoliman Real Estate, Wallan Group, Salem...

Proptech Deal app

Saudi Arabia

Female-focused edtech Playbook raises $700,000

KSA-based edtech Playbook has raised a $700,000 pre-Seed round, led by 500 Global, Sanabil Investments, Faith Capital, Women Spark...

Saudi Arabia Playbook EdTech

Saudi Arabia

Retailo raises $36 million in Series A

Saudi Arabia-based B2B marketplace Retailo has raised a $36 million mixed equity and debt Series A round. The equity funding...

Retailo

Saudi Arabia

Saudi agritech Red Sea Farms expands into US

Saudi Arabia-based agritech Red Sea Farms is expanding to the US, following an investment from US investors AppHarvest and Bonaventure...

agritech Red Sea Farms

Saudi Arabia

Saudi fintech Sanad Cash raises $1.6 million Seed round

Saudi Arabia-based on-demand payment Platform Sanad Cash, Inc. has raised a $1.6 million Seed round with participation from Impact46...

Sanad Cash Impact46

Saudi Arabia

Saudi Arabia's cloud kitchen Creative+ raises $2 million

Press release: Creative+ Cloud Kitchen announced the closure of its first investment rounds worth more than $2 million, with the...

Creative+ cloud kitchen

Saudi Arabia

Legends Gaming raises $1.2 million via Scopeer

Saudi e-gaming marketplace Legends Gaming has secured SAR 4.5 million ($1.2 million) from 674 investors via crowdfunding platform...

Legend Gaming Scopeer

Saudi Arabia

Lean raises $33 million in round led by Sequoia Capital

Saudi Arabia-based fintech Lean Technologies has raised $33 million in a Series A round led by Sequoia Capital India, marking the US...

Lean Technologies Open banking Sequoia Capital

Saudi Arabia

Penny pushes into global e-procurement market

Procurement remains a largely offline and fragmented endeavour, but over the past couple of years, digital solutions have grown...

B2B e-commerce Penny SAAS

Saudi Arabia

Saudi Arabia’s Lucidya raises $6 million in second funding round

Saudi-based SaaS platform Lucidya has raised its second round of funding of $6 million, led by Rua Growth Fund with participation...

Lucidya SAAS

Saudi Arabia

Wamda participates in Penny Software's $5 million Seed round

Wamda has participated in KSA-based Penny Software's $5 million Seed round, which was led by Outliers Venture Capital, and with...

Saudi Arabia

Saudi Arabia’s Squadio raises Seed round from SEEDRA Ventures

Saudi Arabia-based HR platform Squadio, has raised its Seed funding round from Riyadh-based SEEDRA Ventures. Founded in 2019 by Khaled...

Squadio Seedra Ventures

Saudi Arabia

Dawul raises $5 million in Seed round led by RAED Ventures

Saudi Arabia-based social trading platform Dawul has raised $5 million in a Seed round led by RAED Ventures with participation from...

Dawul Raed Ventures Seedra Ventures

Thought Leadership

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

Thank you