Wamda

Saudi Arabia

Saudi Arabia's PIF invests $400 million in ex-Uber chief's startup

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has invested $400 million into Uber founder Travis...

PIF Uber

Saudi Arabia

Riyad Bank launches new fintech fund

Source: Asharq Al-Awsat Riyad Bank has announced on Tuesday the launch of its Digital Partnership Program and its association with a...

Fintech fund ksa

Saudi Arabia

Why every investor should be looking at Saudi Arabia

An exponential entrepreneurial shift is underway in Saudi Arabia, and it is attracting substantial venture capital interest, says Luca...

STV Saudi Arabia Venture Capital

Saudi Arabia

UnitX raises $2 million

Saudi-based UnitX, an artificial intelligence (AI) and supercomputing startup spin-out company from King Abdullah University of Science and...

Investment saudi AI

Jordan

arabot raises $1 million seed funding

Jordan-based artificial intelligence (AI) company arabot has raised a $1 million seed round led by Riyad TAQNIA Fund (RTF), with...

chatbot Artificial intelligence

Saudi Arabia

Saudi-based Daal invests in PromoRepublic

Source: MenaBytes Daal, a Khobar-based VC firm has invested an undisclosed amount of money in $2.2 million seed round of social media...

Social Media management

Saudi Arabia

Beyond the headlines: Will the Saudi attacks mark the end of drones?

The drone attacks on Saudi Arabia’s oil fields on 14 September managed to cut the country’s oil production by 50 per cent,...

Drones Drones for good Aramco

Saudi Arabia

Who is spearheading digitisation in Saudi Arabia?

Sofana Dahlan is one of the first ten female lawyers authorised to practice law in Saudi Arabia. She is also the president and founder...

E-government digital adoption

Saudi Arabia

In conversation with Sara Sawaf of AYA Animations

Sara Sawaf studied finance and marketing while at university, but her career path took her along a more humanitarian route. Prior to...

content Animation Women Entrepreneur

Regional

FinTech Accelerator

Monsha’at and NCB are collaborating to launch the first FinTech accelerator in KSA. The program supports the...

Saudi Arabia

Hazen.ai closes seed round

Source: Startup MGZN Hazen.ai, a Saudi startup focusing on artificial intelligence-based traffic analytics and monitoring solutions,...

AI traffic Investment

Saudi Arabia

Zid raises $2 million pre-Series A

Source: Menabytes Zid, a Riyadh-based Shopify-like e-commerce management startup that helps people (and businesses) set up their...

ecommerce Saudi Arabia Retail

Saudi Arabia

In conversation with Abdullah Bahabri of Nota Nota

Nota Nota creates bespoke perfumes through a custom-made 3D printer, which enables users to mix their own perfumes according to their own...

3d printing Saudi Arabia Fourth Industrial Revolution

Saudi Arabia

Misk Innovation's growth accelerator to invest $100,000 in Mena startups

Source: Menabytes Misk Innovation, the innovation arm of Misk Foundation, a non-profit established by Saudi crown prince Mohammad bin...

Growth accelerator accelerator Saudi Arabia

Saudi Arabia

Dhad closes an investment round

Source: MenaBytes Dhad, a Saudi-based audiobook startup has raised investment in a round led by Raed Ventures, the startup...

audio content Investment

Saudi Arabia

Foodics raises $4 million pre-series B

Source: MenaBytes Foodics, a Saudi cloud-based point-of-sale system for F&B businesses has raised $4 million in fresh funds, the...

f&b saudi Pre-Series B

Saudi Arabia

Noon Academy raises $8.6 million

Source: MenaBytes Riyadh-based online learning platform Noon Academy has raised $8.6 million Series A co-led by Raed Ventures and Saudi...

Investment EdTech fund

Saudi Arabia

Saudi-based Averos raises Pre-series A round

Source: MAGNiTT Averos, a Saudi Arabian startup based out of Makkah, raised an undisclosed Pre-Series A funding round from Saudi...

Tracking Logistics Investment

Saudi Arabia

Who can prepare Saudi Arabia for the future?

Sofana Dahlan is one of the first ten female lawyers authorised to practice law in Saudi Arabia. She is also the president and founder...

saudi vision 2030 change

Saudi Arabia

Saudi Aramco Energy Ventures co-leads $6 million investment in US blockchain startup

Source: MenaBytes Saudi Aramco Energy Ventures, the corporate VC arm of Saudi Aramco, has co-led $6 million Series A of Houston-based...

energy Investment Blockchain

Saudi Arabia

UAE and Saudi-based Trukkin raises $3.5 million

Saudi Arabia and UAE-based logistics firm Trukkin has raised $3.5 million in a funding round led by investors from the AL-Namlah Family...

Long-haul trucks Investment

Saudi Arabia

Saudi's Resal raises $800,000

Source: MENAbytes Jeddah-based gifting ecommerce platform Resal has raised $800,000 in its Pre-Series A funding, the startup announced...

E-commerce pre-Series A

Saudi Arabia

Saudi Cabinet approves the residency permit for skilled expatriates, investors

Source: Alarabiya Saudi Arabia’s Cabinet approved on Tuesday the special residency permit for entrepreneurs, investors, and...

residence permit investors

Saudi Arabia

KAUST’s Red Sea Farms closes $1.9m investment

Source: Arab Net Red Sea Farms, an agriculture technology spinout company from King Abdullah University of Science and Technology...

WATER irrigation food

Thought Leadership

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