Funding
Eon raises $70 million in Series C funding led by Bond
Eon, the next-gen cloud backup platform, raised a $70 million series C funding round led by BOND, growing its valuation to $1.4 billion. Several return investors joined the round, including Sequoia Ca...
Impact46 invests SAR 50 million in Saudi startup Cipher
Saudi venture capital firm Impact46 has announced a strategic pre-IPO investment of SAR 50 million (over $13.3 million) in Cipher, a Saudi-based cybersecurity startup. This investment underscores Impa...
Eyewa secures $100mln in series C round led by General Atlantic
eyewa, the region’s largest and fastest-growing eyewear retailer, has raised $100 million in its series C funding round, led by General Atlantic, a leading global growth investor, and with participati...
Halcyon raises $100M in Series C round at $1 billion valuation
Halcyon has closed $100M in Series C funding led by Evolution Equity Partners with participation from Bain Capital Ventures (BCV), SYN Ventures, Harmony Group, Corner Capital Management, Dropbox Ventu...
Watercycle Technologies closes $5.6 million Series A investment round led by Par Equity
Watercycle Technologies announced the closure of a $5.6 million Series A investment round led by Par Equity as part of a syndicate with Greater Manchester Combined Authority, Aer Ventures and the Univ...
ariika secures $3 million in Series A extension round
ariika, a leading direct-to-consumer, digital-led home furnishing brand, announces the successful conclusion of its Series A extension equity round, led by Beltone Venture Capital, a subsidiary of Bel...
Smart digital logistics engine Locad raises $9 million
Locad, a smart digital logistics engine empowering consumer brands with its Cloud Supply Chain-As-a-Service for global distribution, announces its $9 million Pre-Series B funding round co-led by Globa...
EdfaPay secures $5 million in Pre-Series A funding round
EdfaPay, Saudi Arabia’s leading fintech platform, has secured a $5 million Pre-Series A funding round led by OmanTel Innovation Labs. Aljabr MENA and Waad Investment also participated. This inve...
Supply chain tech startup, Qara raises $2.6 million
Qara, a supply chain tech startup, announced the successful completion of its $2.6 million funding round, led by strategic investors. This funding will drive the company’s expansion into the Kingdom o...