Wamda

Saudi Arabia

Google joins forces with STV to boost AI innovation across MENA

Saudi-based venture capital firm STV has announced that Google is backing its newly launched AI Fund, a dedicated vehicle aimed at...

Google STV AI

Saudi Arabia

WakeCap closes $28 million investment to expand AI-driven construction solutions

Saudi Arabia-based contech WakeCap has secured $28 million in new funding at the Saudi-US Investment Forum to expand its services and...

WakeCap contech

Saudi Arabia

Wyld VC launches $50 million AI-native fund

Wyld VC, a Saudi-based early-stage venture capital firm, has launched its inaugural $50 million fund, marking the first AI-native VC...

Wyld VC AI

Saudi Arabia

Saudi Arabia unveils groundbreaking AI venture, Humain, prior to Trump’s Visit

Saudi Arabia has launched Humain, a state-backed AI company under the Public Investment Fund (PIF), signalling a strategic move to become a...

AI Humain

Saudi Arabia

Saudi’s Kilow gets $2.5 million boost to deliver personalised weight management

Saudi Arabia-based healthtech Kilow has raised $2.5 million in seed funding led by Sanabil Venture Studio, in partnership with...

Kilow Sanabil Venture Studio healthtech

Egypt

Career 180 launches Saudi operations backed by VMS partnership, fresh funding

Egypt-based edtech platform Career 180 has secured a six-figure investment from US-based Den VC and announced its expansion into Saudi...

Career 180 VMS

Pakistan

Pakistan’s MedIQ secures $6 million Series A to scale Saudi operations

Pakistan-based healthtech MedIQ has raised $6 million in a Series A round led by Rasmal Ventures and Joa Capital, with participation...

MedIQ healthtech Joa Capital

Saudi Arabia

Nama Ventures secures CMA license to operate as fully regulated VC in Saudi Arabia

Saudi Arabia-based Nama Ventures Capital Co. has received regulatory approval from the Capital Market Authority (CMA) to commence...

Nama Ventures

Saudi Arabia

Nqoodlet bags $3 million Seed funding to boost SME finance in MENA

Saudi Arabia-based fintech Nqoodlet has raised $3 million in a seed round led by Waad Investments, with participation from OmanTel, 500...

NQOODLET Waad Investments

Saudi Arabia

Tuba launches in Saudi Arabia with $8 million investment

Saudi Arabia-based healthtech Tuba has raised $8 million in a pre-seed round led by Al-Waalan Investment with participation from...

Tuba healthtech

Saudi Arabia

erad secures $16 million pre-Series A to bridge SME credit gap in MENA

Saudi Arabia-based fintech erad has raised a $16 million pre-Series A funding round, backed by Y Combinator, Nuwa Capital,...

erad Fintech YCombinator

Saudi Arabia

Calo expands into UK by acquiring two local companies

Saudi Arabia-headquartered foodtech Calo has expanded into the UK by acquiring Fresh Fitness Food and Detox...

Calo foodtech

Saudi Arabia

Techrar secures $1.6 million investment from Wae'd Ventures

Techrar, the Saudi platform for managing subscriptions, memberships, and recurring billing, has closed an investment round worth $1.6...

Techrar Fintech Wa'ed Ventures

Saudi Arabia

Miran, Welnes merge to build a powerful health & fitness app

Press release: Miran, an AI-driven health and fitness app, and Welnes, a leading fitness community platform, are proud to announce their...

Welnes Miran

Saudi Arabia

iMENA raises $135 million pre-IPO investment

Saudi Arabia-based digital platform supporter iMENA Group has raised a $135 million pre-IPO investment from Sanabil Investments, FJ...

iMENA Group iMENA Sanabil Investments

Saudi Arabia

Jaree launches in Saudi Arabia to democratise venture capital access

Press release: A new player has entered the Saudi startup ecosystem. Jaree Platform, a platform for matching venture capital, officially...

Jaree Venture Capital

Saudi Arabia

Sadq raises $1.5 million pre-series A led by X by Unifonic Fund

Saudi Arabia-based digital signature platform Sadq has closed a $1.5 million pre-Series A funding round, led by X by...

Sadq Unifonic Fund

Saudi Arabia

Saudi contech TruBuild secures $1 million Seed round

Saudi Arabia-based contech TruBuild has raised $1 million in a Seed funding round, led by Wa’ed Ventures and Dar...

TruBuild Wa'ed Ventures Dar Ventures

Saudi Arabia

STUCK? closes six-figure pre-seed to advance Arabic content solutions

Saudi Arabia-based AI-powered language intelligence platform "STUCK?" has closed a six-figure pre-seed...

STUCK? AI Arabic Content

Saudi Arabia

Sary, ShopUp join forces to create "SILQ" fuelled by $110 million investment

Saudi Arabia-based B2B marketplace Sary has merged with Bangladesh's ShopUp to form SILQ Group, which is backed by $110 million in...

SARY ShopUp E-commerce

Egypt

Rabbit enters Saudi market, backed by major regional investors

Egypt-born quick commerce (q-commerce) startup Rabbit has extended its services to the Saudi market by establishing a regional HQ in...

Rabbit

Saudi Arabia

Saudi fintech Arabian Pay receives investment to expand BNPL offerings

Saudi Arabia-based fintech Arabian Pay has raised an undiscsloed investment as part of its Pre-Seed round from Al Bassami...

Arabian Pay Al Bassami Group Fintech

Saudi Arabia

Nayla Finance to boost operations in KSA with $4 million seed investment

Saudi Arabia-based fintech Nayla Finance has secured $4 million in seed funding, led by Sanabil Venture Studio by...

Nayla Finance Sanabil Venture Studio Fintech

Saudi Arabia

Ajras closes $1.5 million pre-Series A round

Press release: The Saudi proptech startup Ajras has successfully raised a $1.5 million pre-Series A funding round, led by Veda...

Ajras Proptech Veda Holding

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