Wamda

Egypt

Saudi Arabia's magnetic pull: should Egypt be concerned about startup migration?

Last month, Egyptian business tycoon Samih Sawiris announced that he would halt all new investments in Egypt and will instead shift his...

Saudi Arabia

SVC launches $80 million VC fund to back fintech in KSA

Saudi Venture Capital Company (SVC) has launched an $80 million Investment in Fintech VC Fund, in partnership with the Capital Market...

SVC Fintech Saudi Arabia

Saudi Arabia

Munjz closes $5 million Series A round

Saudi Arabia-based proptech Munjz, has closed a $5 million Series A round, led by undisclosed investors, in addition to Vision Venture,...

Saudi Arabia Munjz Proptech

Saudi Arabia

Revival Lab leads $13.6 million round through United Investments partnership

Saudi Arabia-based venture builder Revival Lab, has signed an investment partnership worth SAR50 million ($13.6 million) with United...

Revival Lab Saudi Arabia cloud kitchen

Saudi Arabia

SVC Invests in the first venture debt fund

Saudi Venture Capital (SVC) has invested in a venture debt fund managed by Partners for Growth. The fund focuses on offering...

SVC Saudi Arabia Partners for Growth (PFG)

Saudi Arabia

Saudi foodtech Haseel closes $6.6 million Series A funding

Saudi Arabia-based footech Haseel has raised a $6.6 million Series A funding round led by Vision Ventures, with participation from Arzan...

Saudi Arabia Haseel

Saudi Arabia

Investment initiatives worth $4.2 billion announced at GEC Riyadh

Investment initiatives valued at $4.2 billion were announced at the Global Entrepreneurship Congress (GEC), held in Riyadh under the...

Saudi Arabia GEC Start-up

Saudi Arabia

Saudi fintech Arib raises $2.3 million Seed

Saudi Arabia-based fintech Arib, has raised $2.3 million in a Seed round, led by Merak Capital, with participation from angel...

Saudi Arabia fin-tech

Saudi Arabia

Taker acquires Brisk Delivery

Saudi Arabia-based foodtech Taker, has fully acquired Brisk Delivery for an unknown amount. Founded in 2019 by Abdullah Alsaadi, Taker...

Saudi Arabia Taker Brisk

Saudi Arabia

Saudi Grintafy raises $2.1 million Bridge round

Saudi Arabia-based e-sports platform Grintafy has raised a $2.1 million Bridge round with participation from Wa’ed, Alrashed Group...

Grintafy Saudi Arabia Sportstech

Saudi Arabia

Saudi dark store Nana raises $50 million

Saudi Arabia-based dark store Nana has raised $50 million in a round led by FIM Partners and STV, bringing the total funding to $80...

Saudi Arabia Nana

Saudi Arabia

Female-focused edtech Playbook raises $700,000

KSA-based edtech Playbook has raised a $700,000 pre-Seed round, led by 500 Global, Sanabil Investments, Faith Capital, Women Spark...

Saudi Arabia Playbook EdTech

Saudi Arabia

NQOODLET raises $1 million in pre-Seed

Riyadh-based fintech NQOODLET, has raised $1 million in its pre-Seed round led by angel investor Yaser Alghamdi, with...

Saudi Arabia NQOODLET

Saudi Arabia

Dallali secures first investment round

Riyadh-based proptech Dallali has raised its first investment round led by AlRamz Real Estate Company and local angel...

Dallali Saudi Arabia

Saudi Arabia

Saudi proptech Mabaat raises $2.4 million in Seed round

Saudi Arabia-based proptech Mabaat, has raised $2.4 million in a Seed round led by Derayah Ventures with participation from SEEDRA...

Saudi Arabia مبات

Saudi Arabia

Swvl expands to Saudi Arabia

Egypt-founded mass transportation startup Swvl, has expanded to Saudi Arabia to serve the corporate and business sector. The...

Swvl Saudi Arabia Egypt

Saudi Arabia

Aramco’s Wa’ed signs agreement with Falak Investment Hub to increase Saudi startup funding

Saudi Arabia-based Falak Investment Hub has signed a memorandum of understanding (MoU) with Wa’ed, the entrepreneurship arm of...

StandUp Funding Saudi Arabia

Palestine

Kenz closes pre-Series A funding round

Palestine-based lingerie e-commerce startup Kenz has closed a six-figure pre-Series A funding round led by Ibtikar Fund with...

Start-up Kenz palestine

Saudi Arabia

Fastcoo and Tracking merge in $720,000 deal

Saudi-Arabia based software company Fastcoo, and Tracking, a GPS tracking system, have merged in a deal valued at SAR 2.7 million...

Fastcoo Saudi Arabia Tracking

Qatar

Joi Gifts looks to Series A round after raising $750,000 this year

UAE-based e-commerce gifting platform, Joi Gifts has expanded to Qatar, its eighth country after raising $750,000 in a pre-Series A funding...

joi gifts qatar doha

Saudi Arabia

Sanar raises Seed funding from Impact46

Saudi Arabia-based healthtech app Sanar, has raised an undisclosed Seed round led by Impact46. Launched in 2019, the online healthcare...

Saudi Arabia app Health

Global

Checkout.com to open office in Riyadh after raising $450 million

Checkout.com, the UK-based payments company is expanding its presence in the Middle East and North Africa (Mena) after securing a $450...

Saudi Arabia

Regional

Navigating the risks and opportunities during a pandemic

Loulwa Bakr and Khalid Suleimani are both senior partners at Chrome Advisory, a Saudi Arabia-based consultancy As the global...

covid-19 coronavirus Saudi Arabia

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

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