Wamda

Saudi Arabia

SiFi closes $10 million Seed led by Sanabil Investments, RAED Ventures

Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has closed a $10 million Seed round. The round was led by...

Saudi Arabia

Saudi Arabia-based traveltech startup FlyAkeed has raised $15.2 million (SAR 57 million) in a Series A round led by PIF’s Sanabil...

Saudi Arabia

Jada Fund of Funds, a subsidiary of Saudi Arabia's Public Investment Fund (PIF) has invested in Bahrain's Investorcorp, a $500...

Regional

Since 2016, more than 50 India-based startups have expanded into the Middle East and North Africa (Mena) by making their UAE debut an entry...

Jordan

Jordan-based online classifieds marketplace OpenSooq, has raised $24 million in a round led by Saudi Arabia's sovereign wealth fund,...

Saudi Arabia

Five years into the Saudi Vision 2030 programme, venture capital (VC) funding in Saudi Arabia has risen to an all time high with a recorded...

Global

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

Saudi Arabia

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

Global

Source: Business Insider SoftBank CEO Masayoshi Son may have trouble raising a second Vision Fund after all. With Japanese...

Saudi Arabia

Just a few days into 2016, Saudi Arabia deputy crown prince Muhammad bin Salman made waves when he said the kingdom was exploring a public...