Wamda

Saudi Arabia

SVC signs investment deal with technology investment fund

Source: Mubasher The Saudi Venture Capital Company (SVC) signed on Monday an investment contract with the venture capital (VC) fund...

Merak Capital SVC

Global

Sanabil Investments invests in US-based Atomwise

Source: Venture Beat Atomwise, a startup using AI to accelerate drug discovery, today secured $123 million in funding. A...

Sanabil Investments Atomwise Artificial intelligence

Global

Hub App raises pre-seed investment

Saudi Arabia-based angel investors have invested in Switzerland-headquartered startup The Hub App’s “six-figure” pre-seed...

the Hub App pre-Seed

Egypt

Glamera raises seed investment

Cairo-based beauty and wellness service booking platform Glamera, has raised a six-figure seed round from Saudi Arabia’s Dual Gate...

Glamera Beauty and Wellness Beauty booking apps

Saudi Arabia

Thobi raises SAR 2.5 million in seed funding

Saudi Arabia-based online retailer Thobi, has raised a SAR2.5 million ($670,000) in a seed round led by ABN Ventures and Abunayyan...

Thobi ABN Ventures Seed funding

Saudi Arabia

Lean raises $3.5 million in seed funding

Riyadh-based financial technology (fintech) startup Lean, has raised a $3.5 million in a seed funding round led by RAED Venture, with...

lean Fintech Open banking

Saudi Arabia

Refd secures investment from OceanX Holding

Saudi Arabia-based Refd, a mobile application that provides services for people of determination, has secured investment from OceanX...

Refd OceanX Investment

Saudi Arabia

Munch:On - Going beyond lunch

Most food delivery platforms witnessed a slowdown in business once lockdown came into effect. Working from home gave people enough time to...

Lunch:On Munch:On

Saudi Arabia

SVC signs investment deal with venture capital fund

Source: Mubasher The Saudi Venture Capital Company (SVC) has signed an investment deal with a venture capital fund licensed by the...

SVC venture capital fund

Global

PIF invest $1.5 billion in India's Jio Platforms

Source: Techcrunch Saudi Arabia’s Public Investment Fund, one of the world’s largest sovereign wealth funds, said on...

PIF Jio Platforms

Saudi Arabia

Noon Academy raises $13 million

Source: Reuters Noon Academy, an educational technology company in Saudi Arabia, has raised $13 million in a funding round led by...

Noon Academy STV

Saudi Arabia

Shgardi raises investment to expand regionally

Saudi Arabia-based on-demand delivery startup Shgardi, has raised a seven-digit figure investment from Riyadh-based Mad’a Investment...

Last mile delivery Shgardi covid-19

Saudi Arabia

Syarah closes bridge round with participation from Impact46

Syarah, an online marketplace for cars based in Saudi Arabia has closed its bridge to Series B round of investment, for an undisclosed...

Syarah Impact46 car

Saudi Arabia

Wahed Raises $25 million

Source: Forbes Wahed, the ethical investment fintech for Muslim investors, raised $25 million in venture funding with proceeds being...

Wahed Ethical invetment Islamic economy

Egypt

Payfort launches Dh1 million initiative to support startups

Source: Arabian Business Payfort, a subsidiary of retail giant Amazon, has launched a AED1 million ($272,000) initiative in the UAE...

Amazon Payfort

Saudi Arabia

Jahez raises $36 million in Series A

Saudi Arabia-based food delivery startup Jahez, has closed a $36 million Series A funding round led by Impact46. This round marks the...

Jahez Last-mile delivery

Saudi Arabia

Munjz secures pre-Series A investment

Saudi Arabia-based Munjz, an online marketplace for maintenance services, has secured its pre-Series A investment. The round was led by...

maintenance Investment Munjz

Saudi Arabia

Telgani raises seed funding

Saudi Arabia-based car rental platform Telgani, has closed a six figure seed funding round. The round was backed by 500 startups, Saudi...

Telgani car rental

Saudi Arabia

Grintafy raises $1.25 million seed

Saudi Arabia-based Grintafy Technologies, has raised $1.25 million in a seed funding round led by Wa'ed Ventures, with participation...

Sports entrepreneurship Grintafy

Saudi Arabia

Taker raises seed funding

Saudi Arabia-based Software as a Service (SaaS) startup Taker, has raised an undisclosed amount of seed funding in a round led by 500...

foodtech Seed funding

Saudi Arabia

SARY secures $6.6 million

Source: Reuters Saudi Arabia’s digital marketplace Sary, which connects small businesses with merchant wholesalers, has secured...

SARY ecommerce covid-19

Saudi Arabia

In conversation with Mounira Jamjoom of Aanaab

Earlier this month, Saudi Arabia-based teacher training platform Aanaab secured a $1.5 million investment round led by Wamda and Nour...

EdTech Aanaab jeddah

Saudi Arabia

Wamda invests in online grocery platform Nana's $18 million Series B round

Wamda has participated in Saudi Arabia-based Nana's $18 million Series B investment round. Investors in the round included Saudi...

Nana Direct Nana wamda

Saudi Arabia

Quant secures pre-series A investment

Saudi Arabia-based Quant, a startup specialised in data science and artificial intelligence (AI), has secured $1.2 million in a pre-series...

Data Analytics Artificial intelligence

Thought Leadership

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