Wamda

Saudi Arabia

Quix raises $800,000 for its drone-based delivery platform

Saudi Arabia-based logistics and on-demand delivery platform Quix, has raised SAR 3 million ($800,000) pre-launch from over...

Quix Crowdfunding delivery solutions

Saudi Arabia

Nama Ventures launches $27 million fund to invest in Mena startups

Source: Arabian Business The nearly $27 million fund will be raised from high-net-worth-individuals, family offices, and institutional...

Nama Ventures seed startups

Saudi Arabia

Aramco’s Wa’ed signs agreement with Falak Investment Hub to increase Saudi startup funding

Saudi Arabia-based Falak Investment Hub has signed a memorandum of understanding (MoU) with Wa’ed, the entrepreneurship arm of...

StandUp Funding Saudi Arabia

Saudi Arabia

Garage raises $600,000 to fuel expansion

Saudi Arabia-based Garage has raised $600,000 (SAR 2.25 million) from a group of local angel investors. This brings the company's...

Garage app automotive Angel Investment

Saudi Arabia

Tamara raises $110 million in Series A round

Saudi Arabia-based Tamara, a buy now pay later (BNPL) startup, has raised $110 million in both debt and equity for its Series A round...

Buy now pay later BNPL Tamara

Saudi Arabia

NBM acquires 9 per cent DIGGIPACKS stake for SAR15 million

National Building and Marketing (NBM) has acquired a 9 per cent of stake in Saudi Arabia-based last mile delivery aggregator DIGGIPACKS in...

Diggiepack National Building and Marketing

Saudi Arabia

Hydrojeen raises pre-Seed funding

Saudi Arabia-based smart water monitoring app, has raised an undisclosed pre-Seed funding round from angel investor Muhammad Abdul Aziz...

Smart water monitoring solutions pre seed Muhammad Abdul Aziz Al-Arifi

Saudi Arabia

Prexle completes its $670,000 Seed round

Saudi Arabia-based fintech startup Prexle has raised SAR2.5 million ($670,000) in its Seed round led by several angel...

Prexle POS

Saudi Arabia

Falak awards cash prize to eight Mena startups

Saudi Arabia-based accelerator Falak Investment Hub, has graduated its second cohort of eight startups. Almost SAR 3.8 million was...

Falak investment hub acceleration

Saudi Arabia

Quantum raises $2.6 million Seed round

Saudi Arabia-based marketing platform, Quantum, has raised $2.6 million in a Seed round led by Tech Invest Com and Vision Ventures with...

Quantum seed

Saudi Arabia

Gazal raises $2 million Seed funding

Saudi Arabia-based micromobility startup Gazal has raised a $2 million (SAR 7.5 million) Seed funding round, led by angel investors and...

Gazal micromobility Seed funding

Saudi Arabia

DIGGIEPACKS raises $400,000 pre-Seed investment

Saudi Arabia-based last-mile and delivery aggregator DIGGIEPACKS, has raised a $400,000 pre-Seed funding round from YOUXEL Ventures,...

ديجيباكس سلسلة التوريد

Palestine

Kenz closes pre-Series A funding round

Palestine-based lingerie e-commerce startup Kenz has closed a six-figure pre-Series A funding round led by Ibtikar Fund with...

Start-up Kenz palestine

Saudi Arabia

Dailymealz raises $2 million in pre-Series A

Saudi Arabia-based food subscription startup, Dailymealz, has raised $2 million in a pre-Series A round led by Seedra Ventures and joined...

Dailymealz foodtech

Saudi Arabia

Zid raises $7 million Series A funding

Saudi Arabia-based e-commerce enablement platform Zid, has raised $7 million (SAR 26 million) in a Series A funding round, led by Global...

Zid ecommerce enablement Series A

Saudi Arabia

Wamda participates in Hala’s $6.5 million Series A round

Wamda has invested in Saudi Arabia-based fintech Hala, participating in its $6.5 million Series A round. Other investors in the round...

Hala Fintech wamda

Saudi Arabia

Bonat raises Seed investment led by Impact46

Saudi Arabia-based customer engagement platform, Bonat, has raised its Seed investment round, led by Impact46 with participation from Saudi...

Bonat Impact46

Saudi Arabia

Wafeer closes pre-Seed funding round led by Nama Ventures

Saudi-Arabia based fintech startup Wafeer, has raised an undisclosed amount in a pre-Seed funding round led by Nama Ventures, with...

Wafeer Fintech pre-Seed

Bahrain

Dtec, OQAL sign MoU to develop startup ecosystem in GCC

Dubai Technology Entrepreneur Campus (Dtec), has entered into a memorandum of understanding (MoU) with Saudi Arabia-based OQAL Angel...

Oqal dtec GCC

Saudi Arabia

Fastcoo and Tracking merge in $720,000 deal

Saudi-Arabia based software company Fastcoo, and Tracking, a GPS tracking system, have merged in a deal valued at SAR 2.7 million...

Fastcoo Saudi Arabia Tracking

Saudi Arabia

Lendo raises $7.2 million in Series A

Saudi Arabia-based Shari’ah compliant fintech startup Lendo, has raised a $7.2 million Series A funding round (SAR 27 million), led...

Lendo Series A SME lending

Regional

How Covid-19 unlocked the adoption of e-commerce in the Mena region

Wamda, in partnership with MIT Legatum Entrepreneurship Center, will be hosting an online panel to launch a report on ‘How...

Saudi Arabia

Postage raises Seed funding from Wa'ed

Saudi Arabia-based last-mile logistics startup Postage, has secured Seed funding from Wa’ed, Saudi Aramco’s Entrepreneurship...

Logistics Last mile

Qatar

Joi Gifts looks to Series A round after raising $750,000 this year

UAE-based e-commerce gifting platform, Joi Gifts has expanded to Qatar, its eighth country after raising $750,000 in a pre-Series A funding...

joi gifts qatar doha

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