Funding
Wafeq raises $7.5 million in Series A funding round
Wafeq, a modern and easy-to-use accounting platform, announced the completion of its $7.5 million Series A funding round (SAR 28 million). This investment brings together globally renowned accounting ...
PLATMA secures $2.2 million in pre-seed funding round
PLATMA, the AI Business Automation Platform that transforms natural language into functional workflows and business processes, has successfully completed its pre-seed funding round, securing $2.2 mill...
Renew Capital invests in Tunisia’s Konnect
Konnect is a payment gateway pioneering digital payment solutions in North Africa, authorized by the Central Bank of Tunisia. Their platform offers seamless payment links, e-commerce plugins and a rob...
UAE-based Game tech startup Playgama secures $3 million
Playgama, a UAE-based game tech startup aiming to give the developers of HTML5 games (also known as web games or browser games) access to the whole web market at once, has raised $3 million in a fundi...
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...