Wamda

Saudi Arabia

Saudi Arabia unveils $1.2 billion tech initiatives

Saudi Arabia's Ministry of Communications and Information technology (MCIT) has launched a series of technology initiatives worth...

Fintech Hack MCIT

Saudi Arabia

Influencer marketplace Flicron raises $1.07 million via crowdfunding

Saudi Arabia-based micro-influencer marketplace Flicron has closed its second equity crowdfunding round, worth SAR4 million ($1.07...

Flicron influencer marketplace

Saudi Arabia

Saudi healthtech Clinicy closes pre-Series A round

Saudi Arabia-based healthtech Clinicy has raised a seven-figure pre-Series A round from Mad’a Investment Company. Founded in...

healthtech Clinicy

Saudi Arabia

Taffi: Democratising personal styling for women in Mena

Throughout history, the most powerful tastemakers have been the wealthy, whose way of life is often portrayed as aspirational and an...

Taffi Online shopping personalisation

Saudi Arabia

Saudi proptech Mabaat raises $2.4 million in Seed round

Saudi Arabia-based proptech Mabaat, has raised $2.4 million in a Seed round led by Derayah Ventures with participation from SEEDRA...

Saudi Arabia مبات

Saudi Arabia

invygo raises $1.9 million in pre-Series A round

Saudi Arabia-based car subscription platform invygo has raised $1.9 million in pre-Series A round from Signal Peak Ventures, JS Group,...

Invygo car subsciption

Saudi Arabia

Red Sea Farms raises additional $6 million in pre-Series A round

Saudi Arabia-based agritech startup Red Sea Farms has raised an additional $6 million, increasing its pre-Series A round to $16 million,...

agritech Red Sea Farms

Saudi Arabia

Saudi fulfiment and logistics provider oda raises pre-Seed funding

Saudi Arabia-based e-commerce fulfilment and logistics provider oda has raised an undisclosed pre-Seed funding round from angel...

oda Last mile

Saudi Arabia

Palm.hr raises Bridge round led by Nama Ventures

Saudi Arabia-based HR solutions startup has closed an undisclosed Bridge funding round, led by Nama Ventures with participation from...

Palm.hr HR solutions

Saudi Arabia

The Stock raises $667,000 in pre-Seed funding

Saudia Arabia-based visual content platform The Stock has raised $667,000 in a pre-Seed funding round, led by VEST Investment Company...

The Stock VEST Investment

Saudi Arabia

Saudi AI startup Intelmatix secures investment from STV and Sultan Holdings

Saudi Arabia-based AI startup Intelmatix has raised an undisclosed investment round, led by STV and Sultan Holdings. Founded...

deeptech AI

Saudi Arabia

Nana raises investment from Faith Capital

Saudi Arabia-based e-grocery platform Nana has received an undisclosed amount of investment from Kuwait-based VC firm Faith...

Nana Faith capital

Saudi Arabia

Celebrity content app YELA raises $2.2 million Seed round

Celebrity content platform YELA has raised $2.2 million in a Seed round led by Justin Mateen, Tinder co-founder and general...

Yela Celebrity app

Saudi Arabia

Saudi fintech Forus secures Series A funding

Saudi Arabia-based fintech Forus Capital has secured an undisclosed Series A funding round co-led by Yazeed Alrajhi and Brothers...

Forus Fintech

Saudi Arabia

Defining Saudi Arabia's gig economy

When UK-based food delivery platform Deliveroo announced it would pull out of Spain over changes to the legal status of gig economy...

gig economy

Saudi Arabia

WeDeliver raises $2.4 million pre-Seed round

Saudi Arabia-based B2B logistics and last-mile delivery services provider WeDeliver has raised a $2.4 million pre-Seed round from Saudi...

b2b Logistics WeDeliver

Global

Saudi's PIF participates in India-based Healthifyme's $75 million Series C round

Saudi Arabia's Public Investment Fund has invested in India-based healthtech Healthifyme's $75 million Series C funding round,...

Healthifyme Public Investment Fund healthtech

Saudi Arabia

SRMG acquires 51 per cent of Saudi podcast platform Thmanyah

Saudi Research & Media Group (SRMG) has acquired a controlling stake (51 per cent) in Arabic podcast platform Thmanyah. Founded...

Thmanyah SRMG

Saudi Arabia

Sabbar raises $4 million in pre-Series A

Saudi Arabia-based gig-economy marketplace platform has raised $4 million in a pre-Series A round led by STV with participation from...

Sabbar gig economy

Saudi Arabia

Speero raises $1.8 million in pre-Series A

Riyadh-based auto services and repair platform Speero, has raised $1.8 million (SAR 6.75 million) in a pre-Series A funding round...

Speero automotive

Egypt

Edutainment platform Jeel raises $1.2 million in Seed round

Saudi Arabia and Egypt-based edutainment platform Jeel has received $1.2 million in a Seed funding round, led by Kuwaiti and...

Jeel edutainment

Saudi Arabia

Carsharing app Sharik raises SAR2.5 million

Saudi Arabia-based peer-to-peer carsharing app Sharik, has successfully closed a SAR2.5 million ($666,000) financing round via...

Scopeer Crowdfunding carsharing

Saudi Arabia

Nejree closes $15 million Series A for its 'try now buy later' platform

Saudi Arabia-based e-commerce platform Nejree has raised $15 million in a Series A round led by the Impact46 growth fund. Founded...

E-commerce Nejree

Saudi Arabia

Five Colors raises SAR5 million

Saudi Arabia-based video production company Five Colors, has raised SAR5 million ($1.3 million) via crowdfunding platform...

Scooper creative industries Five Colors

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