Sanabil Investments

Nine startups selected for the eighth batch of Sanabil Accelerator by 500 Global”

500 Global, a multi-stage venture capital firm, and Sanabil Investments announced the eighth batch of the Sanabil Accelerator by 500 Global. This new cohort is set to foster innovation and drive growt...

SiFi secures $10 million funding led by Sanabil and RAED Ventures

Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has successfully closed a $10 million seed funding round spearheaded by Sanabil Investments and RAED Ventures. The round also a...

Sanabil’s Venture Studio celebrates one year anniversary

Sanabil Investments, a financial investment company wholly owned by the Public Investment Fund (PIF), continues their efforts to serve and further develop the Saudi Arabian startup ecosystem through t...

Tamara lands $1 billion valuation with $340m Series C funding

Tamara, the leading fintech platform to shop, pay and bank in Saudi Arabia and the wider GCC region, has achieved the historic milestone of becoming the Kingdom’s first homegrown fintech unicorn by se...

Lendo secures $28M in Series B funding led by Sanabil Investments

Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B funding led by Sanabil Investments. The round saw participation from S...

6th batch of Sanabil 500 MENA Seed Accelerator Program announced

Multi-stage venture capital firm 500 Global and KSA-based financial investment company Sanabil announced the sixth batch of their MENA Seed Accelerator Program, aimed at helping up-and-coming companie...

FlyAkeed raises $15.2 million in Series A funding

Saudi Arabia-based, FlyAkeed today announced that the company have successfully closed the Series A funding round of $15.2 million led by Sanabil Investments and Elm Company, with participation from A...

Leading edutech, Classera raises $40 million in a Series A

Classera, has successfully raised $40 million in a Series A round led by Sanabil Investments, accompanied by Global Ventures, Endeavor Catalyst, 500 Global, Sukna Venture, and Seedra Ventures. The rou...

FOODICS raises $170 million for expansion

FOODICS has successfully raised $170 million in a Series C funding round led by Prosus, one of the largest global technology investors in the world, and Sanabil Investments, a PIF-owned investment com...