Saudi Arabia

Saudi startup Nawel secures $1 million in pre-seed funding

Saudi tech startup Nawel has successfully raised $1 million in a pre-seed funding round led by NOMD Holding, a prominent investment firm known for its support of innovative startups in the technology ...

Saudi unveils ‘Entrepreneur’ Residency for aspiring entrepreneurs

Saudi Arabia’s Board of the Premium Residency Center has announced the launch of five new Premium Residency products. These products align with national goals to boost Saudi Arabia’s posit...

Saudi HealthTech startup Clinicy secures Series A funding

Saudi Arabia’s pioneering healthcare technology startup, Clinicy, has successfully raised a significant seven-figure (USD) Series A funding round, led by Middle East Venture Partners (MEVP), str...

Golden Gate Ventures establishes its presence in Saudi Arabia

Golden Gate Ventures, a venture capital fund, announced the establishment of its first MENA office in Saudi Arabia to strengthen ties between Singapore and MENA region and accelerate the development o...

Saudi Arabia based fintech Hakbah partners with Tarabut

Hakbah, the KSA-based fintech savings platform, has announced a new partnership with Tarabut – MENA’s leading open banking platform and an investor in the region’s digital transformation.

Fintech Saudi and Kyndryl to support fintech entrepreneurs

Fintech Saudi has signed an MoU with Kyndryl to help accelerate the adoption of advanced innovation among Saudi Arabia’s home-grown and locally-based entrepreneurs and startups in the financial techno...

Riyadh-based Soum secures $18 million in Series A

Riyadh-based marketplace for secondhand products, Soum has successfully secured $18 million in Series A funding led by Jahez and participation from Isometry Capital along with existing investors parti...

Saudi-based Hakbah raises $5.1 million in Series A funding

Saudi-based fintech savings platform Hakbah successfully raised $5.1 million in a Series A funding round led by VentureSouq, M-Capital, Bunat Ventures, and existing investors Global Ventures and Aditu...

Velents secures funding to expand the AI recruiter in Saudi Arabia and beyond

Velents announced the closing of its seed investment round. A15 leads this oversubscribed first round with participation from Nibras Capital, AUC Venture Lab, and some local investors from the Middle ...