Saudi Arabia
PIESHIP secures SAR 7.875 million in seed funding led by Nama Ventures
PIESHIP, a company specializing in smart logistics and last-mile delivery solutions, has announced the successful closure of its seed funding round, raising SAR 7.875 million. The round was led by Nam...
Tawaref and Thanawi to advance entrepreneurship in KSA
Tawaref, a leading Saudi-based shared services company, and Thanawi, a pioneering digital platform, signed a strategic partnership to advance the entrepreneurship sector and support digital transforma...
RasMal closes its $4.8 million pre-series A round at LEAP
RasMal, the first cap table management and investment governance platform in MENA region, closes its Pre-Series A investment round led by Syndicate Element Holding Group (SHG), a leading investment fi...
Merak Capital and Huawei Cloud to support gaming startups in Saudi Arabia
Merak Capital, a leading technology-focused investment firm in KSA and Huawei Cloud have announced a strategic partnership to accelerate the development of Saudi Arabia’s gaming industry through...
BRKZ completes its $17M Series A funding
BRKZ announced it has completed its Series A funding at $17M, bringing total funding to $22.5M, to scale its technology platform that’s revolutionizing how contractors source and purchase buildi...
Lendo secures $690 million to boost SMEs in Saudi Arabia
Lendo, the leading debt crowdfunding platform in Saudi Arabia, has secured a USD 690 million (SAR 2.6 billion) warehouse facility led by J.P. Morgan. Supported by Fintech Saudi, this milestone undersc...
Simplex secure $13 million in funding to build CNC factory in Saudi Arabia
Simplex, a rising startup in CNC machine manufacturing, secures $13 million as part of Saudi efforts to support and localize advanced industries within the Kingdom. Simplex will use the funds to open ...
IE University and MEFIC Capital join hands
IE University, through IE School of Science and Technology, and the MEFIC Capital, a leading investment services institution in Saudi Arabia, signed an agreement to promote research, education and exe...
LAHINT wins the award for Best Startup in Saudi Arabia
LAHINT has been named the Best Startup in the Kingdom of Saudi Arabia for 2024, surpassing 6,500 competing companies. This accolade was awarded during the Forttuna Global Excellence Awards ceremony he...