Saudi Arabia

PIF and Google Cloud to create a new global AI hub in Saudi Arabia

PIF and Google Cloud today announced a strategic partnership to create a new global artificial intelligence (AI) hub. The new AI hub will be based nea...

Saudi agritech startup, Nabt raises $1.5 million led by Merak Capital

Nabt, a pioneering Saudi agritech startup, has successfully closed a $1.5 million seed investment round in Q3 2024, led by Merak Capital, a technology...

Investcorp announces investment partnership with Awaed

Investcorp announced a commercial partnership with Awaed, the first commission-free Saudi trading platform. Under the terms of the partnership, Awaed ...

Wa’ed Ventures to invest $100 million in early-stage AI startups

Wa’ed Ventures announces earmarking $100 million for early-stage AI investments, a bold move to support positioning the Kingdom as a global AI hub. To...

Accel-backed Jetapult takes major stake in KSA-based UMX for $4.5mn

Accel-backed Jetapult, a global strategic investment company in the gaming landscape, takes a major stake in UMX Studio, one of the first homegrown ga...

Saudi Arabia’s Ejari successfully closed the $14.65mn seed round

Ejari, the Saudi Arabian Rent Now, Pay Later (RNPL) platform, has achieved a significant milestone by successfully closing a $14.65mn seed financing r...

Blossom Accelerator celebrates a decade of accelerating startups

Blossom Accelerator, a Saudi pioneering force in the global startup ecosystem, announces its ambitious plans to further cultivate entrepreneurship and...

LinkedIn reveals 2024 Top 10 Startups from Saudi Arabia

LinkedIn has announced its annual Top Startups list, ranking the top 10 companies based in Saudi Arabia that have established themselves as workplaces...

TPS Worldwide to drive payment innovation in Saudi Arabia

TPS Worldwide, a global provider of digital banking and payment technology, has announced the expansion of its operations to Saudi Arabia with the sup...

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