Wamda

Saudi Arabia

Slow transitions drain billions from Saudi economy

Saudi Arabia has invested billions to transform its economy, attract global companies, and build a high-skill, high-productivity labour...

oped

Saudi Arabia

Saudi proptech Ghanem raises $7.1 million from Al-Romaih Group

Saudi Arabia-based Ghanem, a digital platform specialising in fractional real estate ownership, has raised $7.1 million from Al-Romaih...

Ghanem Al-Romaih Group Proptech

Saudi Arabia

WakeCap acquires Trackfy to expand into Latin America

Saudi Arabia-based contech WakeCap has acquired Brazil’s Trackfy, a workforce safety and operational intelligence platform serving...

WakeCap contech

Saudi Arabia

TAM Capital leads $11 million round in Saudi construction fintech Builtop

Builtop, a Saudi digital procurement startup for the construction and real estate sectors, has raised $11 million in a round led by TAM...

Builtop contech Fintech

Saudi Arabia

Falak backs Workey to accelerate Saudi Arabia’s business solutions ecosystem

Saudi-based Workey, a business solutions platform, has raised an undisclosed investment round from Falak Investment Hub. Founded in...

Workey Falak investment hub

Saudi Arabia

Binbar, Joa Capital launch $133 million Marhoon Fund

Binbar Investment has partnered with Joa Capital to launch Marhoon Fund, Saudi Arabia’s first direct financing fund backed by...

Binbar Investment Joa Capital Marhoon Fund

Saudi Arabia

SPICE launches in Saudi Arabia to reshape restaurant funding across the GCC

SPICE, a premium dining and restaurant-tech platform founded by Zeid Husban, Wadi Hawi, and Yousef Sawalha, has officially launched in...

SPICE restaurants

Saudi Arabia

Jahez invests in Doos to fast-track Saudi quick-commerce growth

Saudi Arabia-based Doos, a q-commerce platform founded in 2023 by Tala Al Sahsah, has secured a strategic investment from Jahez. The...

Doos Jahez q-commerce

Saudi Arabia

Tali Ventures backs Bonat’s $6 million Series A to fuel AI-driven customer growth

Saudi Arabia-based Bonat, an AI-powered customer engagement platform, has raised $6 million in a Series A round led by stc...

Bonat tali ventures STC

Saudi Arabia

Stream secures $4 million seed funding to transform B2B payments in MENA

Saudi Arabia-based fintech Stream has raised $4 million in seed funding led by Outliers VC, with participation from BYLD Ventures and...

Stream Outliers VC BYLD Ventures

Saudi Arabia

noon, Jahez unite to connect quick commerce with food delivery across the Kingdom

Saudi-born food delivery app Jahez has partnered with noon, integrating their platforms to enhance delivery speed, choice, and...

Noon Jahez

Saudi Arabia

rmz.ai raises $100,000 pre-seed from Beyond.xyz

rmz.ai, a Saudi generative AI platform, announced the completion of its $100,000 pre-seed funding round led by Beyond.xyz, a Saudi-based...

rmz.ai generative AI

Saudi Arabia

Logexa raises $2 million pre-Series A led by SEEDRA Ventures

Saudi-based logistics provider Logexa has concluded a $2 million pre-Series A funding round, led by SEEDRA Ventures and including...

Logexa Logistics Seedra Ventures

Saudi Arabia

PIF, Aramco join forces through HUMAIN to accelerate Saudi Arabia’s AI ambitions

PIF and Aramco signed a non-binding term sheet to combine their artificial intelligence (AI) assets and work jointly through HUMAIN, a...

Humain PIF Aramco

Saudi Arabia

Tabby completes secondary share sale at $4.5 billion valuation

Tabby, the Saudi Arabia-headquartered fintech, announced the completion of a secondary share sale by certain existing...

Tabby Fintech

Saudi Arabia

Saudi Arabia's BRKZ lands $30 million debt from Stride Ventures

Saudi Arabia-based contech BRKZ has secured up to $30 million in growth debt from Stride Ventures. The new facility will...

BRKZ Stride Ventures contech

Saudi Arabia

Saudi insurtech Najeeb.ai closes pre-seed round

Saudi Arabia-based insurtech Najeeb.ai has raised an undisclosed pre-seed round from local and regional angel investors. Founded in...

Najeeb.ai Insurtech

Saudi Arabia

Squadio nets $3 million to scale AI-powered remote tech hiring from Saudi Arabia

Saudi Arabia-based HRtech Squadio has raised $3 million in a pre-Series A round, backed by Wa’ed Ventures, 500 Sanabil MENA,...

Squadio HRtech Wa’ed Ventures

Saudi Arabia

HALA Capital launches as CMA-licensed private capital firm, expanding beyond ventures

Saudi Arabia-based HALA Capital, formerly HALA Ventures, has officially launched as a CMA-licensed private capital firm....

HALA Capital HALA Ventures

Saudi Arabia

Velents raises $1.5 million investment to propel launching Agent.sa

Saudi Arabia-based HRtech Velents.ai has raised $1.5 million from angel investors, including executives from Google and BCG. The funding...

Velents AI Velents HRtech

Saudi Arabia

Wa’ed Ventures leads $10 million pre-Series A in US-based Kure Cells

Wa’ed Ventures, the $500 million venture capital fund backed by Aramco, has led a $10 million Pre-Series A round in Kure Cells, a...

Wa'ed Ventures Kure Cells

Saudi Arabia

Merak Capital backs Arsann with $26.7 million to power data-driven urban infrastructure

Saudi Arabia-based smart parking and mobility solutions provider Arsann has raised a $26.7 million investment from...

Arsann Merak Capital

Saudi Arabia

TabSense attracts $5 million backing from Jasoor Ventures

TabSense, a Saudi-based AI startup, has raised $5 million in a funding round led by Jasoor Ventures to launch the first AI Agentic Point...

TabSense Jasoor Ventures POS

Saudi Arabia

Tamara obtains Central Bank of the UAE approval

Press release: Tamara has officially received a restricted finance licence from the Central Bank of the UAE (CBUAE). As a leading...

Tamara BNPL Fintech

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