Wamda

Saudi Arabia

P2P car rental platform Ejaro raises $3.28 million pre-Series A round

Saudi Arabia-based P2P car rental platform Ejaro, has raised $3.28 million in a pre-Series A investment round, led by cooperative and...

Ejaro p2p car rental

Regional

Saudi edtech iStoria closes Seed round at $1.3 million

Saudi Arabia-based edtech iStoria, has raised $1.3 million in a Seed round from Nama Ventures, Classera, Flat6Labs, BIM Ventures, and...

iStoria Nama Ventures Classera

Saudi Arabia

Takadao raises new investment from Adaverse

Saudi Arabia-based fintech Takadao has raised an undisclosed investment from Adaverse. Founded in 2022 by Sharene Lee and Morrad...

Adaverse Takadao Fintech

Saudi Arabia

Aramco injects additional $4 billion into Aramco Ventures

Saudi Arabia’s oil giant, Aramco, has allocated an additional $4 billion to its global venture capital arm, Aramco...

Aramco Aramco Ventures

Saudi Arabia

Gaming platform Rize.gg raises $430,000 pre-Seed round

Saudi Arabia-based e-gaming startup Rize.gg has raised a $430,000 pre-Seed funding round, led by angel investors. Founded in 2022 by...

Rize.gg E-gaming

Saudi Arabia

Saudi Arabia’s Nawel closes $1 million Seed round

Saudi Arabia-based logistics solutions provider Nawel has closed a Seed round of $1 million, led by Nomad Holdings, with participation...

Nawel Nomad Holdings Logistics

Saudi Arabia

Saudi healthtech startup Clinicy raises Series A round

Saudi Arabia-based healthtech startup, Clinicy, has raised a seven-figure Series A round, led by Middle East Venture Partners...

Clinicy

Saudi Arabia

Tameed closes $15 million Series A from Alromaih Investments

Saudi Arabia-based fintech Tameed has raised $15 million in a Series A round, led by Alromaih Investments. Founded in 2019 by Mohammed...

Tameed Fintech

Lebanon

Jedo acquires Jump-in App to penetrate Saudi market

Lebanon-founded and Netherlands-based travel app Jedo has acquired the Saudi app Jump-in for an unknown amount. Founded in 2022 by...

Jedo Jump-in App Tourism

Global

Aramco’s Prosperity7 Ventures leads China’s Cispoly $14 million Series B round

Prosperity7 Ventures, a $1 billion growth-stage fund of Saudi energy and petrochemical enterprise Aramco, has led a $14 million series B...

Aramco

Saudi Arabia

Riyadh Valley Company invests in IMPACT46 Fund III

Saudi Arabia’s Riyadh Valley Company, the investment arm of King Saud University, has pledged an undisclosed investment in...

Impact46 Riyadh Valley Company IMPACT46 Fund III

Saudi Arabia

Singapore’s Golden Gate Ventures opens first Mena office in Saudi Arabia

Golden Gate Ventures, a Singapore-based venture capital fund, has established an office in Saudi Arabia, as part of its expansion...

Golden Gate Ventures

Saudi Arabia

Tabby announces pre-IPO $700 million debt facility from J.P. Morgan

UAE-founded and Saudi Arabia-headquartered fintech Tabby has secured a $700 million debt financing round from J.P. Morgan, ahead of its...

Tabby

Saudi Arabia

Soum raises $18 million Series A round led by Jahez

Saudi Arabia-based re-commerce marketplace Soum, has raised $18 million in Series A funding in a round led by Jahez, with...

Recommerce re-commerce Soum

Saudi Arabia

Saudi fintech Hakbah raises $5.1 million Series A

Saudi Arabia-based fintech Hakbah, has raised $5.1 million in Series A funding, bringing the company’s funding raised to date to...

Hakbah VentureSouq Fintech

Saudi Arabia

Saudi fintech Spare raises $3 million to fuel expansion

Saudi Arabia-based fintech startup Spare has raised a $3 million round led by Vision Ventures with participation from Wa'ed...

spare Fintech Open banking

Saudi Arabia

Saudi Arabia’s Velents raises Seed round

Saudi Arabia-based HRtech Velents, has closed a Seed round for an undisclosed amount, led by A15 with participation from Nibras Capital,...

Velents HRtech A15

Saudi Arabia

Jada Fund of Funds invests in Iliad Partners Tech Ventures Fund I

Jada Fund of Funds, a subsidiary of Saudi Arabia's Public Investment Fund (PIF), has invested in Iliad Partners Tech Ventures Fund...

Jada Fund of Funds

Saudi Arabia

Tamara raises $340 million Series C round at over $1 billion valuation

Saudi Arabia-based buy now pay later (BNPL) startup, Tamara, has raised a $340 million Series C round at a valuation of over $1...

Tamara

Saudi Arabia

Saudi Arabia’s Pd7 raises $1 million to fuel expansion

Saudi Arabia-based sports startup Pala De 7 (Pd7) has raised SAR 3,750,000 ($1 million) in investment, led by Grintafy, AlTahan and...

Pala De 7 Pd7 Grintafy

Saudi Arabia

Naeem closes pre-Seed round led by Lunment

Saudi Arabia-based SaaS platform for the salon and beauty sector, Naeem, has closed a pre-Seed round for an unknown amount, led by...

Naeem Lunment Self Care

Saudi Arabia

Lendo raises $28 million Series B led by Sanabil Investments

Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B...

Lendo Shariah-compliant

Saudi Arabia

Pure Harvest acquires Red Sea’s production facility in Saudi Arabia

UAE-based agritech Pure Harvest Smart Farms has announced the acquisition of Red Sea’s controlled-environment agriculture (CEA)...

Red Sea Farms Pure Harvest Smart Farms

Saudi Arabia

Blink closes $2.1 million Seed round to enhance presence in Saudi Arabia

Saudi Arabia-based SaaS startup Blink has closed a $2.1 million Seed funding round with participation from 500 Global and Global...

Blink SAAS Saad Hariri

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