Funding
Wa’ed doubles its financial support to Saudi- based startups
Wa’ed nearly doubled its financial support to Saudi-based startups to SAR19.1 million during a national entrepreneurship roadshow, following its decision to issue SAR8.9 million in new loans and grant...
Latest funding soars the valuation of Sorare to $4.3 billion
Sorare, the fantasy football platform, has raised $680 million in Series B financing led by Softbank, with participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and LionTree; and exi...
Cartona raises a successful $4.5 million Pre-Series A fundraise
Cartona, a B2B platform connecting retailers to manufacturers and wholesalers announces its successful $4.5 million Pre-Series A fundraise.
Shiphaly raises undisclosed six-figure round from angel investors
Shiphaly, the Cairo-based startup connecting shoppers and travellers has raised an undisclosed six-figure round from angel investors in Saudi Arabia and Egypt. The round is led by Faisal Abdulsalam th...
Saudi based startup, CashIn raises $1.6 million
Saudi based startup, CashIn providing digital payment and points of sale solutions has raised SAR6 million ($1.6 million) in a Seed round led by Investor Mine with the participation of BIM Ventures an...
UAE-based B2B marketplace Elkaso raises $2.1 million
The UAE-based B2B marketplace Elkaso has successfully raised $2.1 million in its latest funding round. The Pre-Seed round was led by Global Founders Capital and MSA Capital and recorded participation ...
Unifonic raises $125 million in Series B funding round
Riyadh based customer engagement platform, Unifonic raised $125 million in Series B funding round, led by SoftBank Vision Fund 2 and Sanabil Investments. Unifonic’s solutions integrate customer commun...
Supy raises $1.5m in pre-seed funding
Supy, a UAE-based startup digitizing the communication process between restaurants and suppliers, has raised $1.5m in pre-seed funding. The round was co-led by UAE-based investor COTU Ventures and US-...
Saudi Arabian water solutions app, Moya secures $2 million in seed round
Moya App is a Saudi Arabia-based water solution hub, has secured a $2 million seed single funding round from MLM Investment company.