Funding
Nuqtah successfully closes their Pre-Seed round
Nuqtah, the Kingdom of Saudi Arabia’s first and leading NFT marketplace, closed their Pre-Seed round led by Shorooq Partners and joined by strategic angel investors. The Company founded by Salwa Radwi...
HealTec raises USD 1.2 million in its inaugural funding round
Saudi-based B2B medical rehabilitation manufacturing startup HealTec, has successfully raised USD 1.2 million in its inaugural funding round. The seed round is led by Nour Nouf Ventures (NNV), a Saudi...
Zofeur successfully raises $500,000 in seed funding
Introducing Zofeur, the world’s first on-demand pay-per-minute chauffeur services platform with no minimum usage commitment – be it 10 minutes, 10 hours or 10 days, users can instantly hire personal c...
Nomod raises $3.4 million in its seed round
Nomod, a platform that makes it beautifully easy for merchants around the world to accept card payments on their phone with no extra hardware, has raised a $3.4 million seed round to accelerate growth...
WSO2 closes $90million in financing from Goldman Sachs
WSO2 today announced that the company has closed $90 million in financing from client vehicles advised by Goldman Sachs Asset Management Private Credit (“Goldman Sachs”). The flexible capi...
n.go secures SAR7 million in its first investment round
n.go, the company that specialises in providing virtual service to customers in cars, announced the closing of its first investment round with a value of SAR7 million ($1.8 million), led by angel inve...
AlGooru raises $600,000 in its Pre-Seed funding
Saudi edtech startup, AlGooru, has raised $600,000 pre-Seed funding from Nawa Co, Oqal Angel Network, and Techstars. Ever since its foundation in 2018, AlGooru worked towards building an online platfo...
ZoodPay completes $38 million Series B funding
ZoodPay, the “Buy Now Pay Later” (BNPL) Super App has successfully completed a $38 million Series B fundraising, attracting significant attention from leading global investors. London based VC Sturgeo...
EDB signs a strategic agreement with Dubai IE to support SMEs and corporates in the UAE
Emirates Development Bank [EDB] has signed a strategic agreement with Dubai Industries & Exports [Dubai IE] to provide innovative financing and banking solutions to SMEs and corporates aimed at su...