Wamda

Saudi Arabia

Pickappo secures $530,000 to expand on-demand delivery infrastructure

Saudi Arabia-based logistics technology platform Pickappo has raised $530,000 (SAR 2 million) in a pre-seed round backed by an...

Pickappo Logistics

Saudi Arabia

WakeCap acquires Frontline as it builds an end-to-end construction intelligence platform

Saudi construction technology company WakeCap has acquired Singapore-based Frontline, an AI-powered construction planning software...

WakeCap Frontline contech

Saudi Arabia

Saudi Venture Capital backs Khwarizmi Venture Capital Fund 2

Saudi Venture Capital has invested in Khwarizmi Venture Capital Fund 2. The fund will focus on Seed to Series A technology and...

Khwarizmi Venture Capital Fund 2 Khwarizmi Ventures

Saudi Arabia

Arib targets Saudi digital lending boom with $23.5M funding round

Saudi Arabia-based fintech Arib has raised $23.5 million in a funding round led by Merak Capital. The round included Sharia-compliant...

Arib Fintech Merak Capital

Saudi Arabia

TruKKer secures up to $300M securitisation facility from ADCB

MENA-based digital freight network TruKKer secured an inaugural trade receivables securitisation facility of up to $300 million arranged...

Trukker ADCB

Saudi Arabia

a16z backs Saudi fintech Stitch in its first-ever GCC deal

Saudi Arabia-based fintech Stitch has raised $25 million in Series A funding led by the US-based VC Andreessen Horowitz (a16z). The...

a16z Stitch Andreessen Horowitz

Saudi Arabia

Aumet closes $12 million Series A led by Emkan Capital

Saudi Arabia-based healthtech Aumet has raised $12 million in Series A funding led by Emkan Capital. The round included participation...

Aumet Emkan Capital healthtech

Saudi Arabia

Stream raises additional $5.2M, bringing total seed funding to $9.2M

Saudi Arabia-based fintech Stream has secured a $5.2 million seed extension round led by BECO Capital. The round included...

Stream BECO Capital Fintech

Saudi Arabia

Gabster secures $500K pre-seed to build unified AI business management platform

Saudi Arabia-based business operations platform Gabster has raised $500,000 in a pre-seed round backed by RAI and T2. Founded in 2024...

Gabster

Saudi Arabia

Hakeem Health raises $1.65 million backed by Merak Capital

Saudi Arabia-based healthtech Hakeem Health has raised $1.65 million in a funding round led by Merak Capital, with participation from...

Merak Capital Sanabil 500 Hakeem Health

Saudi Arabia

Khwarizmi Ventures launches Fund II with $70M+ first close to back GCC startups

Saudi Arabia-based venture capital firm Khwarizmi Ventures has launched Fund II, completing its first close at $70 million+ (SAR 270...

Khwarizmi Ventures

Saudi Arabia

RiFD partners with Kingsbury to scale securitisation infrastructure in Saudi Arabia

Saudi Arabia-based fintech RiFD has partnered with British-owned private and structured credit specialist Kingsbury & Partners...

RIFD Kingsbury & Partners

Saudi Arabia

Metafare secures $1 million to scale virtual wellness solutions

Saudi Arabia-based healthtech Metafare has raised $1 million in its first funding round, backed by Harmonics Ventures and family...

Metafare Harmonics Ventures

Saudi Arabia

Madeed closes $925K pre-seed to scale personalised preventive healthcare in KSA

Saudi Arabia-based healthtech Madeed has secured additional pre-seed funding, bringing its total raised to $925,000. The round...

Madeed Seedra Ventures

Egypt

Taager moves into China to fix sourcing bottlenecks for MENA sellers

Egypt-born and Saudi Arabia-HQ social e-commerce platform Taager Taager has opened its first supply office in China to strengthen...

Taager

Saudi Arabia

BRKZ secures strategic investment from SIC

Saudi Arabia-based contech BRKZ has secured a strategic investment from Saudi Industrial Investment Company, the investment arm of...

BRKZ contech Saudi Industrial Investment Company

Saudi Arabia

OmniOps partners with Grafana Labs to deliver sovereign observability in Saudi Arabia

Press release: OmniOps, Saudi Arabia’s leading AI infrastructure technology provider, today announced its participation in the...

OmniOps Grafana Labs

Saudi Arabia

Signit raises $15 million Series A led by Raed Ventures

Saudi Arabia-based startup Signit has raised $15 million in a Series A round to expand its AI-powered contract management...

Signit Raed Ventures STV

Saudi Arabia

Aya closes $7 million Series A to scale on-demand fashion model

Saudi Arabia-based e-commerce platform Aya has raised $7 million (SAR 26 million) in a Series A round, led by RAED Ventures,...

Aya Ra'ed Ventures Nuwa capital

Egypt

Edafa Venture acquires Egypt's Cyclex in six-figure deal

Saudi-Egyptian investment firm Edafa Venture has acquired Egypt-based Cyclex in a six-figure deal, facilitated by Startup Sync. Cyclex...

Cyclex Edafa Venture

Saudi Arabia

Falak Holding acquires majority stake in AI startup Kernel

Falak Holding has acquired a majority stake in AI startup Kernel, including its operations in Saudi Arabia and Jordan. Kernel develops...

Falak Holding

Saudi Arabia

Saudi proptech Jozo closes $2.2 million seed

Saudi-based Jozo has raised $2.21 million (SAR 8.3 million) in a seed round, led by Sheikh Hamad Bin Saedan Real Estate Co. as a...

Jozo Proptech

Saudi Arabia

Saudi fintech AVA targets cashless growth with Plug and Play backing

Saudi Arabia-based fintech AVA has secured an undisclosed strategic investment from Plug and Play Middle East, following its graduation...

A Virtual Advantage AVA Plug and Play

Saudi Arabia

ElGoat raises $266,000 seed to build skill-based football gaming platform

Saudi Arabia-based sportstech ElGoat has raised $266,000 in a seed round via Trigon, reaching a valuation of $2.66 million. Founded in...

ElGoat Sportstech

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