Saudi Arabia
Saudi Arabia leads the VC investment in the region
According to the report published by the venture data platform MAGNiTT, the “H1 2025 MENA Venture Investment Report” revealed that Saudi Arabia maintained its first rank across MENA in ter...
Saudi startup Rekaz raises $5 million in seed funding
Saudi-based software startup Rekaz has raised $5 million in seed funding to scale its product and expand its regional presence. The round was led by COTU Ventures, with participation from Impact46, Sh...
Olive Rock Partners acquires 30% stake in Shrimp Nation
Shrimp Nation, a Saudi homegrown food and beverage brand and one of the fastest-growing seafood restaurant concepts in the Middle East, has announced that the country’s leading private equity fi...
RedBox celebrates 10 million parcels and plans expansion
RedBox, the leading smart package delivery solutions provider in Saudi Arabia, has announced the successful delivery of over 10 million parcels, marking a major milestone in its mission to redefine th...
Ninja raises $250 million at $1.5 billion valuation
Ninja, Saudi Arabia’s leading quick-commerce platform, has secured $250 million in a major funding round led by Riyad Capital. This latest investment pushes the company’s valuation to $1.5 billion, of...
Equivator invests SAR 30 million in Related
In a milestone transaction poised to reshape the fintech-loyalty landscape in the Kingdom, Equivator, a premier alternative investment firm, has revealed a strategic investment of SAR 30 million in Re...
Pemo onboards 200th customer in Saudi Arabia
Pemo, the all-in-one spend management platform, has announced a major milestone in its journey: its 200th customer has now been onboarded to use its expense management software, following a significan...
Saudi Arabia showcases its potential unicorns at VivaTech Paris
Monsha’at, Saudi Arabia’s Small and Medium Enterprises General Authority, led a group of five potential Saudi unicorns SMEs to participate in VivaTech 2025, Europe’s leading technology and...
Classy Games secures funding from Merak Capital
Classy Games Studios, a gaming company operating between Northern Ireland and Saudi Arabia, has secured fresh funding from Merak Capital and Exel by Merak in the Kingdom of Saudi Arabia. The investmen...