Saudi Arabia Resal garners $9 million investment to accelerate growth within the Kingdom Saudi Arabia-based e-gifting platform Resal has closed a $9 million Series A round. The round was backed by Derayah Ventures Fund,... News • 19 August, 2024 Resal Derayah Ventures Fund
Saudi Arabia Saudi foodtech Yalla Plus closes $2.7 million Seed round Saudi Arabia-based foodtech Yalla Plus has closed a Seed investment round of $2.7 million, led by Merak Capital, with participation from... News • 19 August, 2024 Yalla Plus foodtech Merak Capital
Saudi Arabia Mithu secures $500,000 pre-Seed from Adaverse Saudi Arabia-based loyalty platform aggregator Mithu has raised a $500,000 pre-seed round backed by the Web3 venture builder... News • 19 August, 2024 Mithu Adaverse
Saudi Arabia Saudi Arabia’s Athir raises new investment round Saudi Arabia-based healthtech Athir has raised its first investment funding round at an undisclosed amount, backed by Wa’ed... News • 12 August, 2024 Athir Wa'ed Ventures
Saudi Arabia TWLM secures $270,000 investment to strengthen position in Saudi Arabia Saudi Arabia-based food pick-up app TWLM has raised $270,000 in investment, led by B Group with contributions from angel... News • 08 August, 2024 TWLM f&b
Saudi Arabia Saudi Arabia’s Blend closes $1.3 million pre-Seed round Saudi Arabia-based SaaS provider Blend has raised $1.3 million in a pre-Seed investment round, backed by an undisclosed group of angel... News • 07 August, 2024 Blend SAAS
Saudi Arabia Saudi deeptech Intelmatix scores $20 million Series A Saudi Arabia-based deeptech AI company Intelmatix has closed a $20 million Series A funding round, led by Shorooq Partners and joined by... News • 30 July, 2024 Intelmatix Deep-tech AI
Saudi Arabia Velents AI secures investment from Women Collective Saudi Arabia-based SaaS providr Velents AI has raised an investment round, for an unknown amount, from Women Collective. Founded... News • 29 July, 2024 HRtech SAAS Velents AI
Saudi Arabia Saudi Arabia’s TechMal closes $1 million pre-Seed Saudi-Arabia based fintech TechMal has raised $1 million in a pre-Seed investment round, led by Al Majidiya Investment Company alongside... News • 22 July, 2024 TechMal Proptech
Saudi Arabia OTO secures $8 million Series A led by Sanabil Investments Saudi Arabia-based logistics platform OTO has raised $8 million in a Series A funding round, led by Sanabil Investments, with... News • 22 July, 2024 OTO Logistics Shipping
Saudi Arabia SaudiPreneur programme celebrates the graduation of first batch The first patch of the Saudipruneur programme has graduated, where 50 entrepreneurs competing and eight projects made it to the... News • 18 July, 2024 SaudiPreneur VMS Startup Studio EYouth
Saudi Arabia Saudi Arabia’s Jeel attracts new seven-figure investment Saudi Arabia-based edutainment platform Jeel has raised a seven-figure funding round from RZM Investments and angel... News • 28 June, 2024 Jeel RZM Investments
Saudi Arabia Saudi Arabia’s Tahdir closes $270,000 pre-Seed round Saudi Arabia-based edtech Tahdir has closed a pre-Seed funding round of $270,000 from a group of angel investors. Founded by Mohammed... News • 10 June, 2024 Tahdir EdTech
Saudi Arabia Tawaref Series: A comprehensive guide to licensing and document attestation Our previous article provided a comprehensive overview of the diverse types of foreign investment licenses available in Saudi Arabia. Now... Tawaref • 10 June, 2024 Tawaref oped
Saudi Arabia Tumodo joins forces with Tabby to facilitate travel management practices UAE-based traveltech Tumodo has joined forces with Saudi Arabia’s fintech Tabby to stimulate growth in the UAE travel... News • 04 June, 2024 Tumodo Tabby
Saudi Arabia SiFi closes $10 million Seed led by Sanabil Investments, RAED Ventures Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has closed a $10 million Seed round. The round was led by... News • 03 June, 2024 SiFi Simplified Financial Solutions Company Raed Ventures
Saudi Arabia Rethink Education invests in Saudi edtech Aanaab Saudi Arabia-based edtech Aanaab has raised an investment from US-based edtech VC Rethink Education. The value remains... News • 31 May, 2024 Rethink Education Aanaab
Saudi Arabia Saudi agritech iyris secures $16 million Series A round Saudi Arabia-based agritech iyris has closed a $16 million Series A funding round, led by Ecosystem Integrity Fund (EIF) and supported... News • 30 May, 2024 iyris agritech EIF
Saudi Arabia Kingdom Holding participates in Musk’s xAI $6 billion Series B round Saudi Arabia’s Kingdom Holding, owned by Saudi billionaire Prince Alwaleed bin Talal, has taken part in the $6 billion Series B... News • 28 May, 2024 Kingdom Holding xAI Elon Musk
Saudi Arabia TVM Capital Healthcare launches $250 million Saudi-focused Afiyah Fund UAE-based healthcare private equity firm “TVM Capital Healthcare” has closed a $250 million Afiyah Fund LP, led by JADA,... News • 28 May, 2024 TVM Capital Healthcare Afiyah Fund Healthcare
Saudi Arabia Tawaref series: Types of foreign investment licences in Saudi Arabia Once entrepreneurs have grasped the Saudi business scene, setup costs, and day-to-day expenses, it's time to delve into the process of... Tawaref • 27 May, 2024 Tawaref
Saudi Arabia Goldman Sachs sets up MENA regional headquarters in Riyadh Saudi Ministry of Investment has granted US investment bank Goldman Sachs a license to set up its regional headquarters in Riyadh. The... News • 24 May, 2024 Goldman Sachs
Saudi Arabia BIM Ventures, SBI Holdings to launch $100 million fund to back Saudi startups Saudi Arabia-based VC studio BIM Ventures has partnered with Japan’s SBI Holdings to launch a $100 million joint investment... News • 24 May, 2024 BIM Ventures MISA SBI Holdings
Saudi Arabia Riyad Capital launches 1957 Ventures fund to drive Saudi fintech innovation Riyad Capital, backed by Riyad Bank, has launched the “1957 Ventures" investment fund to drive transformative growth in Saudi... News • 20 May, 2024 Riyad Capital 1957 Ventures