Saudi Arabia
Winners for Sustainova Startup Challenge 2024 announced
The Sustainova Startup Challenge, a flagship event in sustainability and innovation, declared its highly successful edition winners last week in Riyadh, Saudi Arabia. Powered by Risin Ventures in coll...
Saudi robo-advisory firm Abyan Capital secures $18 million in Series A
Abyan Capital, the first robo-advisory company to launch in Saudi Arabia, today announced the closing of a SAR 68 million (USD 18 million) Series A round led by STV with participation from Wa’ed...
Infobip unveils its first data centre in Saudi Arabia
Infobip has launched its first data centre in Saudi Arabia to facilitate seamless digital interactions between businesses and their customers across preferred communication channels. This move is in l...
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...
Like Digital & Partners expands into Saudi Arabia
Like Digital & Partners, an award-winning digital transformation agency inaugurates a new office in Riyadh to announce its expansion into the Kingdom of Saudi Arabia.
Insights from 10 Years Saudi Arabia Founders Report revealed
The “10 Years Saudi Arabia Founders Report” was published today by the venture data platform for emerging VC markets, MAGNiTT, and sponsored by Saudi Venture Capital (SVC).
SVC invests $700 million across 40 funds in Saudi Arabia
Saudi Venture Capital Company (SVC) released its “Impact Report,” which highlights SVC’s impact on the private capital ecosystem (Venture Capital, Private Equity, Venture Debt, and Private Debt)...
Penny Software raises funding in pre-series A round
Penny Software, a leading Saudi B2B SaaS procurement startup, announced the successful completion of its Pre-Series A funding round, with significant investment from Iliad Partners, joined by GSI and ...
Funding Souq to operate debt crowdfunding platform in Saudi Arabia
Funding Souq, an SME financing and investment platform, has obtained a license from the Saudi Central Bank (SAMA) to operate its debt crowdfunding platform in the Kingdom of Saudi Arabia.