Wamda

Saudi Arabia

Merak Capital backs Spoilz as part of Saudi Arabia’s push to lead global gaming

Saudi Arabia-based game development studio Spoilz has secured funding co-led by Merak Capital and Impact46, with...

Saudi Arabia

Zetta secures $12 million to reinforce footprint in Saudi market

Zetta, a Saudi DaaS (Device-as-a-Service) company, closed a $12 million investment round led by Core Vision Investment and...

Zetta Technologies CoreVision DaaS

Saudi Arabia

Blomal Capital secures pre-seed funding from Falak

Saudi fintech Blomal Capital has raised a pre-seed round investment round (amount undisclosed) from Falak Investment...

Blomal Fintech Falak investment hub

Saudi Arabia

Impact46 acquires Saudi gaming studio Kammelna for $53 million

Saudi Arabia-based VC Impact46 has acquired the Saudi game development studio "Kammelna" for $53 million. Founded in...

Impact46 Kammelna

Saudi Arabia

Gathern raises $72 million Series B ahead of Tadawul IPO

Saudi Arabia-based Gathern, a peer-to-peer (P2P) vacation rental marketplace, has raised a $72 million Series B at a valuation of...

Gathern STV Proptech

Saudi Arabia

Starvania lands $1.1 million investment to expand Saudi gaming innovation

Starvania Studios, a Saudi indie studio, has secured a $1.1 million investment from Merak Capital and Impact46. Founded in...

Starvania Studios Merak Capital Impact46

Saudi Arabia

Jahez secures $40 million Shariah-compliant facility from NBB

Saudi Arabia's Jahez has secured a $40 million Shariah-compliant facility from the National Bank of Bahrain (NBB) to finance...

Jahez

Saudi Arabia

Fahy lands $1.75 million investment to build Saudi gaming hits

Saudi Arabia-based Fahy Studios has secured $1.75 million in investment from Impact46 and Merak Capital to accelerate mobile game...

Fahy Studios Impact46

Saudi Arabia

Saudi VC Impact46 expands gaming portfolio with multi-studio investments

Impact46 invests over $6.6 million in five gaming studios—Fahy, NJD, Game Cooks, Starvania, and Alpaka—as part of its...

Impact46

Saudi Arabia

Saudi AI startup Deep.SA secures $1.2 million pre-seed

Press release: Deep.SA, a Saudi-based artificial intelligence startup, has successfully raised $1.2 million (SAR 4.5 million) in a...

Deep.SA Raed Ventures

Saudi Arabia

RIFD secures strategic investment from Antler

Saudi Arabia-based RIFD, a Shariah-compliant SME receivables securitisation platform, secured "strategic" investment from...

RIFD Antler

Saudi Arabia

Salasa closes $30 million Series B to leverage AI fulfilment capabilities

Saudi Arabia's e-commerce fulfilment company Salasa has raised $30 million in a Series B round led by Artal Capital, with...

Salasa Logistics Artal Capital

Saudi Arabia

Kamco Invest acquires a stake in Foodics

Saudi Arabia-based foodtech Foodics has raised an undisclosed investment from Kuwait's Kamco Invest for an unspecified...

Foodics Kamco Invest SAAS

Saudi Arabia

Saudi Arabia's Flex League closes six-figure seed round

Saudi Arabia-based sportstech platform Flex League has closed a six-figure USD Seed round, led by The Professional Tennis Academy and...

Flex League Sportstech

Saudi Arabia

OmniOps launches Bunyan, Saudi Arabia’s first sovereign inference-as-a-service platform

Press release: OmniOps, Saudi Arabia's leading AI Infrastructure Technology provider, today announced the official launch of Bunyan...

OmniOps Bunyan

Saudi Arabia

Calo raises $39 million Series B extension to boost global growth

Calo, the Saudi Arabia-headquartered foodtech startup, secured $39 million in a Series B extension led by AlJazira Capital,...

Calo Aljazira Capital foodtech

Saudi Arabia

Sawt raises $1 million to transform voice-based customer service

Saudi Arabia-based voice AI startup Sawt has closed a $1 million pre-seed round led by T2 and STV’s newly launched AI...

Sawt AI STV

Saudi Arabia

Wittify.ai secures $1.5 million pre‑seed to upscale Arabic conversational AI

Saudi Arabia-based conversational AI startup Wittify.ai has raised $1.5 million in a pre-seed round from a syndicate of prominent Saudi...

Wittify.ai AI

Saudi Arabia

Saudi insurtech Yasmina closes $2 million Seed

Saudi Arabia-based Yasmina has raised $2 million in a seed round led by Scene Holding, with co-leadership participation from Access...

Yasmina Insurtech Scene Holding

Saudi Arabia

Lucidya secures $30 million in Series B, setting a MENA AI funding record

Saudi Arabia-based SaaS platform Lucidya has raised $30 million in a Series B round. The round was led by Impact46, with participation...

Lucidya SAAS Impact46

Saudi Arabia

Sukna Capital secures CMA approval to offer flexible, non-dilutive SME financing

Saudi Arabia-based VC Sukna Capital has received CMA approval to launch the Sukna Fund for Direct Financing (SFDF), an open-ended,...

Sukna Capital

Saudi Arabia

Saudi fintech Tarmeez Capital raises strategic round from Tali Ventures

Saudi Arabia-based sukuk fintech Tarmeez Capital has raised a strategic funding round led by Tali Ventures, the corporate VC arm of stc...

tali ventures STC Tarmeez Capital

Qatar

Jahez acquires 76.56% stake in Qatar’s Snoonu in $245 million deal

Saudi-listed Jahez Group has signed a definitive agreement to acquire 76.56% of Qatar’s Snoonu, a leading e-commerce and on-demand...

Jahez Snoonu

Saudi Arabia

Rekaz closes $5 million seed to expand AI-driven SMB platform

Saudi Arabia-based SaaS startup Rekaz has raised $5 million in seed funding to expand its operating system for service businesses. The...

Rekaz SAAS COTU Ventures

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